Comparison between Grill Splendour IPO and Shivam Chemicals IPO.
Grill Splendour 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.
| Grill Splendour IPO | Shivam Chemicals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Rikhav Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Grill Splendour IPO is up to ₹15.64 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Grill Splendour IPO is ₹120.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.
| Grill Splendour IPO | Shivam Chemicals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹120.00 per share | ₹44.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 13,03,200 shares | 43,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.64 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 | 13,03,200 shares | 43,56,000 shares |
| Issue Size Total (Amount) | up to ₹15.64 Cr | up to ₹19.17 Cr |
Grill Splendour IPO opens on Apr 15, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Grill Splendour IPO and Shivam Chemicals IPO is Apr 18, 2024, and Apr 25, 2024, respectively.
| Grill Splendour IPO | Shivam Chemicals IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 15, 2024 | Apr 23, 2024 |
| Issue Close | Apr 18, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | Apr 19, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | Apr 22, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | Apr 22, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | Apr 23, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Grill Splendour IPO P/E ratio is 23.12, as compared to Shivam Chemicals IPO P/E ratio of 15.26.
| Grill Splendour IPO | Shivam Chemicals IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Grill Splendour Services Limited Financial Information (Restated)Grill Splendour Services Limited's revenue increased by 32.92% and profit after tax (PAT) rose by 5654.34% between the financial year ending with March 31, 2023 and March 31, 2022.
| Shivam Chemicals Limited Financial Information (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 49.75 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 36.64 | 73.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.12 | 15.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹62.50 Cr. | ₹74.74 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.50 | 1.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.19 | ₹2.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.46% | 5.06% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grill Splendour IPO Retail Individual Investors (RII) are offered 6,51,600 shares while in Shivam Chemicals IPO retail investors are offered 6,51,600 shares. Qualified Institutional Buyers (QIB) are offered in Grill Splendour IPO and in Shivam Chemicals IPO.
| Grill Splendour IPO | Shivam Chemicals IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 69,600 shares | 2,31,000 shares |
| QIB | ||
| NII | 6,51,600 shares | 21,78,000 shares |
| RII | 6,51,600 shares | 21,78,000 shares |
| Employee | ||
| Others | ||
| Total | 13,03,200 shares | 43,56,000 shares |
Grill Splendour IPO subscribed 8.68x in total, whereas Shivam Chemicals IPO subscribed 6.61x.
| Grill Splendour IPO | Shivam Chemicals IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.59x | 4.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.78x | 8.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.68x | 6.61x |
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