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.

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.

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

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets24.2519.6312.9810.50
Total Income16.5729.7921.9015.63
Profit After Tax2.151.050.650.50
NET Worth8.214.544.142.80
Reserves and Surplus1.64
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets38.8231.17
Total Income107.11156.58
Profit After Tax0.713.57
NET Worth14.0013.28
Reserves and Surplus1.6012.89
Total Borrowing16.3813.51
Amount in ₹ Crore
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 Reservation
Market Maker Reservation1,90,000 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.

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Mandeep Auto Industries IPO Vs Shivam Chemicals IPO