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Owais Metal IPO vs Shree Karni Fabcom IPO

Comparison between Owais Metal IPO and Shree Karni Fabcom IPO.

IPO Details

Owais Metal IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shree Karni Fabcom IPO is a SME Bookbuilding proposed to list at NSE SME.

 Owais Metal IPOShree Karni Fabcom IPO
LogoOwais Metal IPO LogoShree Karni Fabcom IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Horizon Management Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MAS Services Ltd.
Market MakerGretex Share Broking Pvt.Ltd.MLB Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Owais Metal IPO is up to ₹39.70 Cr whereas the issue size of the Shree Karni Fabcom IPO is up to ₹40.37 Cr. The final issue price of Owais Metal IPO is ₹87.00 per share and of Shree Karni Fabcom IPO is ₹227.00 per share.

 Owais Metal IPOShree Karni Fabcom IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹83.00 per share₹220.00 per share
Issue Price (Upper)₹87.00 per share₹227.00 per share
Issue Price (Final)₹87.00 per share₹227.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size45,63,200 shares17,78,400 shares
Fresh Issue Size (Amount)up to ₹39.70 Crup to ₹40.37 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,63,200 shares17,78,400 shares
Issue Size Total (Amount)up to ₹39.70 Crup to ₹40.37 Cr

IPO Timetable

Owais Metal IPO opens on Feb 26, 2024, while Shree Karni Fabcom IPO opens on Mar 06, 2024. The closing date of Owais Metal IPO and Shree Karni Fabcom IPO is Feb 28, 2024, and Mar 11, 2024, respectively.

 Owais Metal IPOShree Karni Fabcom IPO
Anchor Bid DateFeb 23, 2024Mar 05, 2024
Issue OpenFeb 26, 2024Mar 06, 2024
Issue CloseFeb 28, 2024Mar 11, 2024
Basis Of Allotment (Tentative)Feb 29, 2024Mar 12, 2024
Initiation of Refunds (Tentative)Mar 01, 2024Mar 13, 2024
Credit of Share (Tentative)Mar 01, 2024Mar 13, 2024
Listing date (Tentative)Mar 04, 2024Mar 14, 2024
Anchor Lockin End date 1Mar 30, 2024Apr 11, 2024
Anchor Lockin End date 2May 29, 2024Jun 10, 2024

Financials & KPIs

Owais Metal IPO P/E ratio is 21.35, as compared to Shree Karni Fabcom IPO P/E ratio of 21.26.

 Owais Metal IPOShree Karni Fabcom IPO
Financials

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended31 Dec 202331 Mar 2023
Assets5,164.23379.62
Total Income3,977.54
Profit After Tax765.47-12.72
Net Worth2,122.7757.28
Reserves and Surplus795.2544.28
Total Borrowing1,350.59321.29
Amount in ₹ Lakhs

Shree Karni Fabcom Limited Financial Information (Restated Consolidated)

Shree Karni Fabcom Limited's revenue increased by 51.87% and profit after tax (PAT) rose by 7.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets14,124.389,864.255,911.112,743.05
Total Income7,599.4812,704.058,365.183,289.86
Profit After Tax813.44555.25514.84153.48
Net Worth1,912.172,602.241,321.61671.23
Reserves and Surplus1,392.172,502.241,221.61571.23
Total Borrowing9,504.273,658.722,718.091,451.30
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0096.16
Promoter Shareholding (Post-Issue)73.0170.07
P/E Ratio21.3521.26
Market Cap₹158.19 Cr.₹160.53 Cr.
ROE-5.35%42.56%
ROCE11.34%
Debt/Equity5.61
EPS₹4.08₹10.68
RoNW-22.22%42.56%

Shares Offered

In the Owais Metal IPO Retail Individual Investors (RII) are offered 15,98,400 shares while in Shree Karni Fabcom IPO retail investors are offered 15,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Owais Metal IPO and 3,55,800 shares in Shree Karni Fabcom IPO.

 Owais Metal IPOShree Karni Fabcom IPO
Anchor Investor Reserveration13,68,000 shares5,32,800 shares
Market Maker Reserveration3,44,000 shares93,600 shares
QIB9,12,000 shares3,55,800 shares
NII6,84,800 shares2,67,000 shares
RII15,98,400 shares6,22,800 shares
Employee
Others
Total45,63,200 shares17,78,400 shares

Bids Received (Subscription)

Owais Metal IPO subscribed 221.18x in total, whereas Shree Karni Fabcom IPO subscribed 296.43x.

 Owais Metal IPOShree Karni Fabcom IPO
QIB (times)92.06x112.94x
NII (times)329.36x461.58x
Big NII (times)
Small NII (times)
RII (times)248.50x330.45x
Employee (times)
Other (times)
Total (times)221.18x296.43x