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.

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.

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

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets21.4512.8410.20
Total Income36.1630.0622.49
Profit After Tax5.781.84-0.24
NET Worth14.518.807.11
Reserves and Surplus6.778.446.67
Total Borrowing1.780.130.00
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1.690.150.01
Total Income2.110.16
Profit After Tax0.110.04-0.01
NET Worth1.590.040.01
Reserves and Surplus0.510.03-0.01
Amount in ₹ Crore
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
RoNW39.867.22

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 Reservation
Market Maker Reservation1,92,000 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.

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