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Shelter Pharma IPO vs Shoora Designs IPO

Comparison between Shelter Pharma IPO and Shoora Designs IPO.

IPO Details

Shelter Pharma IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shoora Designs IPO is a SME Fixed Price proposed to list at BSE SME.

 Shelter Pharma IPOShoora Designs IPO
LogoShelter Pharma IPO LogoShoora Designs IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Swaraj shares & securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shelter Pharma IPO is up to ₹15.22 Cr whereas the issue size of the Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Shelter Pharma IPO is ₹42.00 per share and of Shoora Designs IPO is ₹48.00 per share.

 Shelter Pharma IPOShoora Designs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹42.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size36,24,000 shares3,96,000 shares
Fresh Issue Size (Amount)up to ₹15.22 Crup to ₹1.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,24,000 shares3,96,000 shares
Issue Size Total (Amount)up to ₹15.22 Crup to ₹1.90 Cr

IPO Timetable

Shelter Pharma IPO opens on Aug 10, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Shelter Pharma IPO and Shoora Designs IPO is Aug 14, 2023, and Aug 21, 2023, respectively.

 Shelter Pharma IPOShoora Designs IPO
Anchor Bid Date
Issue OpenAug 10, 2023Aug 17, 2023
Issue CloseAug 14, 2023Aug 21, 2023
Basis Of Allotment (Tentative)Aug 18, 2023Aug 24, 2023
Initiation of Refunds (Tentative)Aug 21, 2023Aug 25, 2023
Credit of Share (Tentative)Aug 22, 2023Aug 28, 2023
Listing date (Tentative)Aug 23, 2023Aug 29, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Shelter Pharma IPO P/E ratio is 5.62, as compared to Shoora Designs IPO P/E ratio of 35.82.

 Shelter Pharma IPOShoora Designs IPO
Financials
Shelter Pharma IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,020.241,283.932,144.90
Total Income2,248.863,005.843,615.51
Profit After Tax-23.88183.70578.33
Net Worth711.17880.421,451.06
Reserves and Surplus667.40844.45676.68
Total Borrowing0.4613.12178.41
Amount in ₹ Lakhs
Shoora Designs IPO Financial Information (Restated Standalone)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets0.7515.03168.99
Total Income16.26210.61
Profit After Tax-0.503.9111.46
Net Worth0.504.41158.59
Reserves and Surplus-0.503.4151.02
Total Borrowing0.30
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)84.92100.00
Promoter Shareholding (Post-Issue)56.8971.77
P/E Ratio5.6235.82
Market Cap₹48.55 Cr.₹7.19 Cr.
ROE14.06%
ROCE9.89%
Debt/Equity
EPS₹7.47₹1.34
RoNW39.86%7.22%

Shares Offered

In the Shelter Pharma IPO Retail Individual Investors (RII) are offered 18,12,000 shares while in Shoora Designs IPO retail investors are offered 18,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Shelter Pharma IPO and in Shoora Designs IPO.

 Shelter Pharma IPOShoora Designs IPO
Anchor Investor Reserveration
Market Maker Reserveration1,92,000 shares27,000 shares
QIB
NII18,12,000 shares1,98,000 shares
RII18,12,000 shares1,98,000 shares
Employee
Others
Total36,24,000 shares3,96,000 shares

Bids Received (Subscription)

Shelter Pharma IPO subscribed 15.25x in total, whereas Shoora Designs IPO subscribed 64.52x.

 Shelter Pharma IPOShoora Designs IPO
QIB (times)
NII (times)6.59x34.68x
Big NII (times)
Small NII (times)
RII (times)22.28x93.73x
Employee (times)
Other (times)
Total (times)15.25x64.52x