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Advance Technoforge IPO vs Shivashrit Foods IPO

Comparison between Advance Technoforge IPO and Shivashrit Foods IPO.

IPO Details

Advance Technoforge IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shivashrit Foods IPO is a SME Bookbuilding proposed to list at NSE SME.

 Advance Technoforge IPOShivashrit Foods IPO
LogoAdvance Technoforge IPO LogoShivashrit Foods IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersSun Capital Advisory Services Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Maashitla Securities Pvt.Ltd.
Market MakerAsnani Stock Broker Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Advance Technoforge IPO is up to ₹0.00 Cr whereas the issue size of the Shivashrit Foods IPO is up to ₹66.51 Cr. The final issue price of Advance Technoforge IPO is and of Shivashrit Foods IPO is ₹142.00 per share.

 Advance Technoforge IPOShivashrit Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹135.00 per share
Issue Price (Upper)₹142.00 per share
Issue Price (Final)₹142.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size25,30,000 shares40,68,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹57.77 Cr
OFS Issue Size0 shares6,16,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹8.75 Cr
Issue Size Total25,30,000 shares46,84,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹66.51 Cr

IPO Timetable

Advance Technoforge IPO opens on , while Shivashrit Foods IPO opens on Aug 22, 2025. The closing date of Advance Technoforge IPO and Shivashrit Foods IPO is , and Aug 26, 2025, respectively.

 Advance Technoforge IPOShivashrit Foods IPO
Anchor Bid DateAug 21, 2025
Issue OpenAug 22, 2025
Issue CloseAug 26, 2025
Basis Of Allotment (Tentative)Aug 28, 2025
Initiation of Refunds (Tentative)Aug 29, 2025
Credit of Share (Tentative)Aug 29, 2025
Listing date (Tentative)Sep 01, 2025
Anchor Lockin End date 1Sep 27, 2025
Anchor Lockin End date 2Nov 26, 2025

Financials & KPIs

Advance Technoforge IPO P/E ratio is , as compared to Shivashrit Foods IPO P/E ratio of 16.44.

 Advance Technoforge IPOShivashrit Foods IPO
Financials

Advance Technoforge Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets33.2829.1522.1722
Total Income26.0148.2437.9131.56
Profit After Tax1.351.70.750.4
Net Worth8.286.935.224.47
Reserves and Surplus1.786.444.733.98
Amount in ₹ Crore
EBITDA
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)73.01
P/E Ratio16.44
Market Cap₹259.42 Cr.
ROE24.62%42%
ROCE18.07%42.73%
Debt/Equity1.621.39
EPS₹8.64
RoNW24.62%34.85%

Shares Offered

In the Advance Technoforge IPO Retail Individual Investors (RII) are offered while in Shivashrit Foods IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Advance Technoforge IPO and 9,36,000 shares in Shivashrit Foods IPO.

 Advance Technoforge IPOShivashrit Foods IPO
Anchor Investor Reserveration14,03,000 shares
Market Maker Reserveration2,48,000 shares
QIB9,36,000 shares
NII7,05,000 shares
RII16,40,000 shares
Employee0 shares
Others
Total46,84,000 shares

Bids Received (Subscription)

Advance Technoforge IPO subscribed in total, whereas Shivashrit Foods IPO subscribed 2.89x.

 Advance Technoforge IPOShivashrit Foods IPO
QIB (times)1.59x
NII (times)5.16x
Big NII (times)6.38x
Small NII (times)2.73x
RII (times)2.65x
Employee (times)
Other (times)
Total (times)2.89x