Comparison between Balaji Phosphates IPO and Shreenath Paper Products IPO.
Balaji Phosphates IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shreenath Paper Products IPO is a SME Fixed Price proposed to list at BSE SME.
| Balaji Phosphates IPO | Shreenath Paper Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Galactico Corporate Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Pure Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Balaji Phosphates IPO is up to ₹47.60 Cr whereas the issue size of the Shreenath Paper Products IPO is up to ₹22.12 Cr. The final issue price of Balaji Phosphates IPO is ₹70.00 per share and of Shreenath Paper Products IPO is ₹44.00 per share.
| Balaji Phosphates IPO | Shreenath Paper Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹44.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 55,82,000 shares | 50,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.07 Cr | up to ₹22.12 Cr |
| OFS Issue Size | 12,18,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹8.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 68,00,000 shares | 50,28,000 shares |
| Issue Size Total (Amount) | up to ₹47.60 Cr | up to ₹22.12 Cr |
Balaji Phosphates IPO opens on Feb 28, 2025, while Shreenath Paper Products IPO opens on Feb 25, 2025. The closing date of Balaji Phosphates IPO and Shreenath Paper Products IPO is Mar 04, 2025, and Feb 28, 2025, respectively.
| Balaji Phosphates IPO | Shreenath Paper Products IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2025 | |
| Issue Open | Feb 28, 2025 | Feb 25, 2025 |
| Issue Close | Mar 04, 2025 | Feb 28, 2025 |
| Basis Of Allotment (Tentative) | Mar 05, 2025 | Mar 03, 2025 |
| Initiation of Refunds (Tentative) | Mar 06, 2025 | Mar 04, 2025 |
| Credit of Share (Tentative) | Mar 06, 2025 | Mar 04, 2025 |
| Listing date (Tentative) | Mar 07, 2025 | Mar 05, 2025 |
| Anchor Lockin End date 1 | Apr 04, 2025 | |
| Anchor Lockin End date 2 | Jun 03, 2025 |
Balaji Phosphates IPO P/E ratio is 20.67, as compared to Shreenath Paper Products IPO P/E ratio of 14.37.
| Balaji Phosphates IPO | Shreenath Paper Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Balaji Phosphates Limited Financial Information (Restated Consolidated)
| Shreenath Paper Products Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.90 | 72.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.67 | 14.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹166.44 Cr. | ₹86.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.89% | 23.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.7% | 19.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.39 | ₹3.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.26% | 23.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Balaji Phosphates IPO Retail Individual Investors (RII) are offered 27,20,000 shares while in Shreenath Paper Products IPO retail investors are offered 27,20,000 shares. Qualified Institutional Buyers (QIB) are offered 14,68,000 shares in Balaji Phosphates IPO and 0 shares in Shreenath Paper Products IPO.
| Balaji Phosphates IPO | Shreenath Paper Products IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,72,000 shares | 0 shares |
| Market Maker Reserveration | 3,58,000 shares | 2,82,000 shares |
| QIB | 14,68,000 shares | 0 shares |
| NII | 20,40,000 shares | 25,14,000 shares |
| RII | 27,20,000 shares | 25,14,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 68,00,000 shares | 50,28,000 shares |
Balaji Phosphates IPO subscribed 1.21x in total, whereas Shreenath Paper Products IPO subscribed 1.85x.
| Balaji Phosphates IPO | Shreenath Paper Products IPO | |
|---|---|---|
| QIB (times) | 1.26x | |
| NII (times) | 1.34x | 0.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.09x | 3.18x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 1.85x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
