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Mandeep Auto Industries IPO vs Shivam Chemicals IPO

Comparison between Mandeep Auto Industries IPO and Shivam Chemicals IPO.

IPO Details

Mandeep Auto Industries 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.

 Mandeep Auto Industries IPOShivam Chemicals IPO
LogoMandeep Auto Industries IPO LogoShivam Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersJawa Capital Services Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mandeep Auto Industries IPO is up to ₹23.97 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

 Mandeep Auto Industries IPOShivam Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹67.00 per share₹44.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size35,78,000 shares43,56,000 shares
Fresh Issue Size (Amount)up to ₹23.97 Crup to ₹19.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,78,000 shares43,56,000 shares
Issue Size Total (Amount)up to ₹23.97 Crup to ₹19.17 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Mandeep Auto Industries IPO and Shivam Chemicals IPO is May 15, 2024, and Apr 25, 2024, respectively.

 Mandeep Auto Industries IPOShivam Chemicals IPO
Anchor Bid Date
Issue OpenMay 13, 2024Apr 23, 2024
Issue CloseMay 15, 2024Apr 25, 2024
Basis Of Allotment (Tentative)May 16, 2024Apr 26, 2024
Initiation of Refunds (Tentative)May 17, 2024Apr 29, 2024
Credit of Share (Tentative)May 17, 2024Apr 29, 2024
Listing date (Tentative)May 21, 2024Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

 Mandeep Auto Industries IPOShivam Chemicals IPO
Financials

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,424.731,963.151,297.811,050.17
Total Income1,656.762,978.742,189.731,563.49
Profit After Tax214.93104.9164.6949.81
Net Worth820.80453.54413.61280.42
Reserves and Surplus163.81
Amount in ₹ Lakhs

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets3,881.923,117.11
Total Income10,710.7015,658.34
Profit After Tax70.79357.44
Net Worth1,399.641,328.35
Reserves and Surplus159.641,288.85
Total Borrowing1,638.201,351.37
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9799.99
Promoter Shareholding (Post-Issue)63.5373.00
P/E Ratio10.1515.26
Market Cap₹69.26 Cr.₹74.74 Cr.
ROE30.15%5.13%
ROCE27.94%6.19%
Debt/Equity1.001.17
EPS₹6.60₹2.88
RoNW25.97%5.06%

Shares Offered

In the Mandeep Auto Industries IPO Retail Individual Investors (RII) are offered 17,90,000 shares while in Shivam Chemicals IPO retail investors are offered 17,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Mandeep Auto Industries IPO and in Shivam Chemicals IPO.

 Mandeep Auto Industries IPOShivam Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration1,90,000 shares2,31,000 shares
QIB
NII17,88,000 shares21,78,000 shares
RII17,90,000 shares21,78,000 shares
Employee
Others
Total35,78,000 shares43,56,000 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Shivam Chemicals IPO subscribed 6.61x.

 Mandeep Auto Industries IPOShivam Chemicals IPO
QIB (times)
NII (times)61.54x4.33x
Big NII (times)
Small NII (times)
RII (times)90.57x8.88x
Employee (times)
Other (times)
Total (times)77.23x6.61x