Comparison between Shiv Texchem IPO and Usha Financial IPO.
Shiv Texchem IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Usha Financial IPO is a SME Bookbuilding proposed to list at NSE SME.
| Shiv Texchem IPO | Usha Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Unistone Capital Pvt.Ltd. Narnolia Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shiv Texchem IPO is up to ₹96.28 Cr whereas the issue size of the Usha Financial IPO is up to ₹93.06 Cr. The final issue price of Shiv Texchem IPO is ₹166.00 per share and of Usha Financial IPO is ₹168.00 per share.
| Shiv Texchem IPO | Usha Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹158.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹166.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹166.00 per share | ₹168.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 800 shares |
| Fresh Issue Size | 58,00,000 shares | 55,39,200 shares |
| Fresh Issue Size (Amount) | up to ₹96.28 Cr | up to ₹93.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 58,00,000 shares | 55,39,200 shares |
| Issue Size Total (Amount) | up to ₹96.28 Cr | up to ₹93.06 Cr |
Shiv Texchem IPO opens on Oct 08, 2024, while Usha Financial IPO opens on Oct 24, 2024. The closing date of Shiv Texchem IPO and Usha Financial IPO is Oct 10, 2024, and Oct 28, 2024, respectively.
| Shiv Texchem IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Bid Date | Oct 07, 2024 | Oct 23, 2024 |
| Issue Open | Oct 08, 2024 | Oct 24, 2024 |
| Issue Close | Oct 10, 2024 | Oct 28, 2024 |
| Basis Of Allotment (Tentative) | Oct 11, 2024 | Oct 29, 2024 |
| Initiation of Refunds (Tentative) | Oct 14, 2024 | Oct 30, 2024 |
| Credit of Share (Tentative) | Oct 14, 2024 | Oct 30, 2024 |
| Listing date (Tentative) | Oct 15, 2024 | Oct 31, 2024 |
| Anchor Lockin End date 1 | Nov 10, 2024 | Nov 28, 2024 |
| Anchor Lockin End date 2 | Jan 09, 2025 | Jan 27, 2025 |
Shiv Texchem IPO P/E ratio is 8.02, as compared to Usha Financial IPO P/E ratio of 19.83.
| Shiv Texchem IPO | Usha Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 98.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.65 | 72.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.02 | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹384.66 Cr. | ₹365.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.08 | 9.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.99 | 12.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.54 | 1.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹165.42 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.08 | 9.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shiv Texchem IPO Retail Individual Investors (RII) are offered 20,30,400 shares while in Usha Financial IPO retail investors are offered 20,30,400 shares. Qualified Institutional Buyers (QIB) are offered 11,60,000 shares in Shiv Texchem IPO and 11,08,000 shares in Usha Financial IPO.
| Shiv Texchem IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,39,200 shares | 16,60,800 shares |
| Market Maker Reservation | 3,05,600 shares | 3,20,800 shares |
| QIB | 11,60,000 shares | 11,08,000 shares |
| NII | 8,70,400 shares | 8,31,200 shares |
| RII | 20,30,400 shares | 19,39,200 shares |
| Employee | ||
| Others | ||
| Total | 58,00,000 shares | 55,39,200 shares |
Shiv Texchem IPO subscribed 109.61x in total, whereas Usha Financial IPO subscribed 13.56x.
| Shiv Texchem IPO | Usha Financial IPO | |
|---|---|---|
| QIB (times) | 86.70x | 10.04x |
| NII (times) | 455.58x | 28.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 68.27x | 20.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 109.61x | 13.56x |
