Shivam Chemicals IPO vs Storage Technologies IPO

Comparison between Shivam Chemicals IPO and Storage Technologies IPO.

IPO Details

Shivam Chemicals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Storage Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Shivam Chemicals IPO is up to ₹19.17 Cr whereas the issue size of the Storage Technologies IPO is up to ₹28.39 Cr. The final issue price of Shivam Chemicals IPO is ₹44.00 per share and of Storage Technologies IPO is ₹78.00 per share.

 Shivam Chemicals IPOStorage Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹73.00 per share
Issue Price (Upper)₹78.00 per share
Issue Price (Final)₹44.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size43,56,000 shares36,40,000 shares
Fresh Issue Size (Amount)up to ₹19.17 Crup to ₹28.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total43,56,000 shares36,40,000 shares
Issue Size Total (Amount)up to ₹19.17 Crup to ₹28.39 Cr

IPO Timetable

Shivam Chemicals IPO opens on Apr 23, 2024, while Storage Technologies IPO opens on Apr 30, 2024. The closing date of Shivam Chemicals IPO and Storage Technologies IPO is Apr 25, 2024, and May 03, 2024, respectively.

 Shivam Chemicals IPOStorage Technologies IPO
Anchor Bid DateApr 29, 2024
Issue OpenApr 23, 2024Apr 30, 2024
Issue CloseApr 25, 2024May 03, 2024
Basis Of Allotment (Tentative)Apr 26, 2024May 06, 2024
Initiation of Refunds (Tentative)Apr 29, 2024May 07, 2024
Credit of Share (Tentative)Apr 29, 2024May 07, 2024
Listing date (Tentative)Apr 30, 2024May 08, 2024
Anchor Lockin End date 1Jun 05, 2024
Anchor Lockin End date 2Aug 04, 2024

Financials & KPIs

Shivam Chemicals IPO P/E ratio is 15.26, as compared to Storage Technologies IPO P/E ratio of 48.45.

 Shivam Chemicals IPOStorage Technologies IPO
Financials

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

Company Financials (Restated Consolidated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets63.7640.0435.6831.13
Total Income53.1781.3769.9048.52
Profit After Tax3.590.48-0.201.18
NET Worth9.545.955.465.67
Reserves and Surplus6.542.952.464.67
Total Borrowing16.339.328.713.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99100.00
Promoter Shareholding (Post-Issue)73.0070.09
P/E Ratio15.2648.45
Market Cap₹74.74 Cr.
ROE5.1346.37
ROCE6.1922.52
Debt/Equity1.17
EPS₹2.88₹11.96
RoNW5.0637.64

Shares Offered

In the Shivam Chemicals IPO Retail Individual Investors (RII) are offered 21,78,000 shares while in Storage Technologies IPO retail investors are offered 21,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Shivam Chemicals IPO and 7,28,000 shares in Storage Technologies IPO.

 Shivam Chemicals IPOStorage Technologies IPO
Anchor Investor Reservation10,89,600 shares
Market Maker Reservation2,31,000 shares2,00,000 shares
QIB7,28,000 shares
NII21,78,000 shares5,47,200 shares
RII21,78,000 shares12,75,200 shares
Employee
Others
Total43,56,000 shares36,40,000 shares

Bids Received (Subscription)

Shivam Chemicals IPO subscribed 6.61x in total, whereas Storage Technologies IPO subscribed 278.82x.

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