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Shree OSFM E-Mobility IPO vs Siyaram Recycling Industries IPO

Comparison between Shree OSFM E-Mobility IPO and Siyaram Recycling Industries IPO.

IPO Details

Shree OSFM E-Mobility IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siyaram Recycling Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

 Shree OSFM E-Mobility IPOSiyaram Recycling Industries IPO
LogoShree OSFM E-Mobility IPO LogoSiyaram Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerBhh Securities Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shree OSFM E-Mobility IPO is up to ₹23.30 Cr whereas the issue size of the Siyaram Recycling Industries IPO is up to ₹21.80 Cr. The final issue price of Shree OSFM E-Mobility IPO is ₹65.00 per share and of Siyaram Recycling Industries IPO is ₹46.00 per share.

 Shree OSFM E-Mobility IPOSiyaram Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹43.00 per share
Issue Price (Upper)₹46.00 per share
Issue Price (Final)₹65.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size35,84,000 shares47,40,000 shares
Fresh Issue Size (Amount)up to ₹23.30 Crup to ₹21.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,84,000 shares47,40,000 shares
Issue Size Total (Amount)up to ₹23.30 Crup to ₹21.80 Cr

IPO Timetable

Shree OSFM E-Mobility IPO opens on Dec 14, 2023, while Siyaram Recycling Industries IPO opens on Dec 14, 2023. The closing date of Shree OSFM E-Mobility IPO and Siyaram Recycling Industries IPO is Dec 18, 2023, and Dec 18, 2023, respectively.

 Shree OSFM E-Mobility IPOSiyaram Recycling Industries IPO
Anchor Bid DateDec 13, 2023
Issue OpenDec 14, 2023Dec 14, 2023
Issue CloseDec 18, 2023Dec 18, 2023
Basis Of Allotment (Tentative)Dec 19, 2023Dec 19, 2023
Initiation of Refunds (Tentative)Dec 20, 2023Dec 20, 2023
Credit of Share (Tentative)Dec 20, 2023Dec 20, 2023
Listing date (Tentative)Dec 21, 2023Dec 21, 2023
Anchor Lockin End date 1Jan 18, 2024
Anchor Lockin End date 2Mar 18, 2024

Financials & KPIs

Shree OSFM E-Mobility IPO P/E ratio is 22.08, as compared to Siyaram Recycling Industries IPO P/E ratio of 8.3.

 Shree OSFM E-Mobility IPOSiyaram Recycling Industries IPO
Financials

Shree OSFM E-Mobility Limited Financial Information (Restated)

Shree OSFM E-Mobility Limited's revenue increased by 168.25% and profit after tax (PAT) rose by 89.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,019.674,203.972,588.412,909.86
Total Income5,597.098,261.013,079.582,978.51
Profit After Tax222.59309.09162.7873.76
Net Worth2,267.952,045.361,736.271,607.99
Reserves and Surplus1,217.95995.361,586.271,457.99
Total Borrowing
Amount in ₹ Lakhs

Siyaram Recycling Industries Limited Financial Information (Restated)

Siyaram Recycling Industries Limited's revenue increased by 16.75% and profit after tax (PAT) rose by 137.36% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets15,136.319,851.359,823.59
Total Income49,786.2742,644.3413,972.93
Profit After Tax765.42322.47142.28
Net Worth4,642.123,876.713,554.23
Reserves and Surplus3,261.572,496.162,173.68
Total Borrowing6,706.952,821.022,931.72
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)76.02100
Promoter Shareholding (Post-Issue)55.88
P/E Ratio22.088.3
Market Cap₹92.85 Cr.₹86.47 Cr.
ROE0.09%17.97%
ROCE0.21%13.42%
Debt/Equity0.451.44
EPS₹2.94₹5.54
RoNW15.11%16.49%

Shares Offered

In the Shree OSFM E-Mobility IPO Retail Individual Investors (RII) are offered 17,92,000 shares while in Siyaram Recycling Industries IPO retail investors are offered 17,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Shree OSFM E-Mobility IPO and 9,48,000 shares in Siyaram Recycling Industries IPO.

 Shree OSFM E-Mobility IPOSiyaram Recycling Industries IPO
Anchor Investor Reserveration14,22,000 shares
Market Maker Reserveration2,00,000 shares2,52,000 shares
QIB9,48,000 shares
NII17,92,000 shares7,11,000 shares
RII17,92,000 shares16,59,000 shares
Employee
Others
Total35,84,000 shares47,40,000 shares

Bids Received (Subscription)

Shree OSFM E-Mobility IPO subscribed 8.52x in total, whereas Siyaram Recycling Industries IPO subscribed 385.19x.

 Shree OSFM E-Mobility IPOSiyaram Recycling Industries IPO
QIB (times)96.43x
NII (times)6.82x597.72x
Big NII (times)
Small NII (times)
RII (times)9.30x459.11x
Employee (times)
Other (times)
Total (times)8.52x385.19x