Sharika Enterprises IPO vs Shradha Infraprojects IPO

Comparison between Sharika Enterprises IPO and Shradha Infraprojects IPO.

IPO Details

Sharika Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shradha Infraprojects IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sharika Enterprises IPO is up to ₹13.16 Cr whereas the issue size of the Shradha Infraprojects IPO is up to ₹17.92 Cr. The final issue price of Sharika Enterprises IPO is ₹43.00 per share and of Shradha Infraprojects IPO is ₹70.00 per share.

 Sharika Enterprises IPOShradha Infraprojects IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹43.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size30,60,000 shares19,88,000 shares
Fresh Issue Size (Amount)up to ₹13.16 Crup to ₹13.92 Cr
OFS Issue Size0 shares5,72,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.00 Cr
Issue Size Total30,60,000 shares25,60,000 shares
Issue Size Total (Amount)up to ₹13.16 Crup to ₹17.92 Cr

IPO Timetable

Sharika Enterprises IPO opens on Nov 15, 2017, while Shradha Infraprojects IPO opens on Nov 27, 2017. The closing date of Sharika Enterprises IPO and Shradha Infraprojects IPO is Nov 17, 2017, and Nov 30, 2017, respectively.

 Sharika Enterprises IPOShradha Infraprojects IPO
Issue OpenNov 15, 2017Nov 27, 2017
Issue CloseNov 17, 2017Nov 30, 2017
Basis Of Allotment (Tentative)Nov 22, 2017Dec 06, 2017
Listing date (Tentative)Nov 27, 2017Dec 11, 2017

Financials & KPIs

Sharika Enterprises IPO P/E ratio is , as compared to Shradha Infraprojects IPO P/E ratio of .

 Sharika Enterprises IPOShradha Infraprojects IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets22.5824.6815.5815.70
Total Income2.4418.7812.3313.50
Profit After Tax0.532.170.820.21
NET Worth10.519.977.436.45
Reserves and Surplus10.419.877.336.35
Total Borrowing7.058.954.773.79
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets36.6140.3060.0941.93
Total Income5.7140.6627.871.63
Profit After Tax1.484.678.710.91
NET Worth32.0230.5525.8817.17
Reserves and Surplus35.1333.6543.5435.58
Total Borrowing0.023.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.58%100%
Promoter Shareholding (Post-Issue)55.16%71.96%
Market Cap₹46.55 Cr.₹67.50 Cr.

Shares Offered

In the Sharika Enterprises IPO Retail Individual Investors (RII) are offered 15,30,000 shares while in Shradha Infraprojects IPO retail investors are offered 15,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sharika Enterprises IPO and 0 shares in Shradha Infraprojects IPO.

 Sharika Enterprises IPOShradha Infraprojects IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,65,000 shares1,44,000 shares
QIB0 shares0 shares
NII15,30,000 shares12,80,000 shares
RII15,30,000 shares12,80,000 shares
Employee0 shares0 shares
Total30,60,000 shares25,60,000 shares

Bids Received (Subscription)

Sharika Enterprises IPO subscribed 62.26x in total, whereas Shradha Infraprojects IPO subscribed 2.84x.

 Sharika Enterprises IPOShradha Infraprojects IPO
NII (times)88.63x2.33x
RII (times)35.89x3.34x
Total (times)62.26x2.84x

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Sharika Enterprises IPO Vs Shradha Infraprojects IPO