Comparison between Sai Swami Metals IPO and Shivam Chemicals IPO.
IPO Details
Sai Swami Metals 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.
Issue Size and Price
The total issue size of Sai Swami Metals IPO is up to ₹14.23 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Sai Swami Metals IPO is ₹60.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.
IPO Timetable
Sai Swami Metals IPO opens on Apr 30, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Sai Swami Metals IPO and Shivam Chemicals IPO is May 03, 2024, and Apr 25, 2024, respectively.
| | Sai Swami Metals IPO | Shivam Chemicals IPO |
|---|
| 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 |
Financials & KPIs
Sai Swami Metals IPO P/E ratio is 11.34, as compared to Shivam Chemicals IPO P/E ratio of 15.26.
Shares Offered
In the Sai Swami Metals IPO Retail Individual Investors (RII) are offered 11,86,000 shares while in Shivam Chemicals IPO retail investors are offered 11,86,000 shares. Qualified Institutional Buyers (QIB) are offered in Sai Swami Metals IPO and in Shivam Chemicals IPO.
| | Sai Swami Metals IPO | Shivam Chemicals IPO |
|---|
| Market Maker Reservation | 1,28,000 shares | 2,31,000 shares |
| NII | 11,86,000 shares | 21,78,000 shares |
| RII | 11,86,000 shares | 21,78,000 shares |
| Total | 23,72,000 shares | 43,56,000 shares |
Bids Received (Subscription)
Sai Swami Metals IPO subscribed 531.42x in total, whereas Shivam Chemicals IPO subscribed 6.60x.
