Comparison between ABS Marine IPO and Shivam Chemicals IPO.
IPO Details
ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shivam Chemicals IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.
IPO Timetable
ABS Marine IPO opens on May 10, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of ABS Marine IPO and Shivam Chemicals IPO is May 15, 2024, and Apr 25, 2024, respectively.
| | ABS Marine IPO | Shivam Chemicals IPO |
|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | Apr 23, 2024 |
| Issue Close | May 15, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | May 21, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 | |
Financials & KPIs
ABS Marine IPO P/E ratio is 11.23, as compared to Shivam Chemicals IPO P/E ratio of 15.26.
Shares Offered
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Shivam Chemicals IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Shivam Chemicals IPO.
| | ABS Marine IPO | Shivam Chemicals IPO |
|---|
| Anchor Investor Reservation | 18,41,000 shares | |
| Market Maker Reservation | 4,10,000 shares | 2,31,000 shares |
| QIB | 12,28,000 shares | |
| NII | 9,22,000 shares | 21,78,000 shares |
| RII | 21,49,000 shares | 21,78,000 shares |
| Total | 61,40,000 shares | 43,56,000 shares |
Bids Received (Subscription)
ABS Marine IPO subscribed 101.13x in total, whereas Shivam Chemicals IPO subscribed 6.60x.
