Comparison between Amkay Products IPO and Shivam Chemicals IPO.
Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shivam Chemicals IPO is a SME Fixed Price proposed to list at BSE SME.
| Amkay Products IPO | Shivam Chemicals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.
| Amkay Products IPO | Shivam Chemicals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹55.00 per share | |
| Issue Price (Final) | ₹55.00 per share | ₹44.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 21,72,000 shares | 43,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹19.17 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 | 21,72,000 shares | 43,56,000 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹19.17 Cr |
Amkay Products IPO opens on Apr 30, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Amkay Products IPO and Shivam Chemicals IPO is May 03, 2024, and Apr 25, 2024, respectively.
| Amkay Products IPO | Shivam Chemicals IPO | |
|---|---|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | Apr 23, 2024 |
| Issue Close | May 03, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | May 08, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | |
| Anchor Lockin End date 2 | Aug 04, 2024 |
Amkay Products IPO P/E ratio is 23.18, as compared to Shivam Chemicals IPO P/E ratio of 15.26.
| Amkay Products IPO | Shivam Chemicals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Amkay Products Limited Financial Information (Restated)Amkay Products Limited's revenue decreased by -23.22% and profit after tax (PAT) rose by 2.94% between the financial year ending with March 31, 2023 and March 31, 2022.
| Shivam Chemicals Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.89 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.44 | 73.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.18 | 15.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.61 Cr. | ₹74.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.49% | 5.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.54% | 6.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.48 | 1.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.37 | ₹2.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.82% | 5.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Shivam Chemicals IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 4,34,000 shares in Amkay Products IPO and in Shivam Chemicals IPO.
| Amkay Products IPO | Shivam Chemicals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,50,000 shares | |
| Market Maker Reserveration | 1,20,000 shares | 2,31,000 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 21,78,000 shares |
| RII | 7,62,000 shares | 21,78,000 shares |
| Employee | ||
| Others | ||
| Total | 21,72,000 shares | 43,56,000 shares |
Amkay Products IPO subscribed 748.03x in total, whereas Shivam Chemicals IPO subscribed 6.61x.
| Amkay Products IPO | Shivam Chemicals IPO | |
|---|---|---|
| QIB (times) | 173.04x | |
| NII (times) | 987.34x | 4.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 973.14x | 8.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 748.03x | 6.61x |
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