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.
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 IPO | Shivam Chemicals IPO |
|---|
| Issue Open | May 13, 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 |
Financials & KPIs
Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Shivam Chemicals IPO P/E ratio of 15.26.
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 IPO | Shivam Chemicals IPO |
|---|
| Market Maker Reservation | 1,90,000 shares | 2,31,000 shares |
| NII | 17,88,000 shares | 21,78,000 shares |
| RII | 17,90,000 shares | 21,78,000 shares |
| Total | 35,78,000 shares | 43,56,000 shares |
Bids Received (Subscription)
Mandeep Auto Industries IPO subscribed 76.06x in total, whereas Shivam Chemicals IPO subscribed 6.60x.
