Comparison between Shri Techtex IPO and Srivari Spices IPO.
Shri Techtex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Srivari Spices IPO is a SME Bookbuilding proposed to list at NSE SME.
| Shri Techtex IPO | Srivari Spices IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shri Techtex IPO is up to ₹42.87 Cr whereas the issue size of the Srivari Spices IPO is up to ₹8.54 Cr. The final issue price of Shri Techtex IPO is ₹61.00 per share and of Srivari Spices IPO is ₹42.00 per share.
| Shri Techtex IPO | Srivari Spices IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹54.00 per share | ₹40.00 per share |
| Issue Price (Upper) | ₹61.00 per share | ₹42.00 per share |
| Issue Price (Final) | ₹61.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 70,28,000 shares | 20,34,000 shares |
| Fresh Issue Size (Amount) | up to ₹42.87 Cr | up to ₹8.54 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 70,28,000 shares | 20,34,000 shares |
| Issue Size Total (Amount) | up to ₹42.87 Cr | up to ₹8.54 Cr |
Shri Techtex IPO opens on Jul 26, 2023, while Srivari Spices IPO opens on Aug 07, 2023. The closing date of Shri Techtex IPO and Srivari Spices IPO is Jul 28, 2023, and Aug 09, 2023, respectively.
| Shri Techtex IPO | Srivari Spices IPO | |
|---|---|---|
| Anchor Bid Date | Jul 25, 2023 | Aug 04, 2023 |
| Issue Open | Jul 26, 2023 | Aug 07, 2023 |
| Issue Close | Jul 28, 2023 | Aug 09, 2023 |
| Basis Of Allotment (Tentative) | Aug 02, 2023 | Aug 14, 2023 |
| Initiation of Refunds (Tentative) | Aug 03, 2023 | Aug 16, 2023 |
| Credit of Share (Tentative) | Aug 04, 2023 | Aug 17, 2023 |
| Listing date (Tentative) | Aug 04, 2023 | Aug 18, 2023 |
| Anchor Lockin End date 1 | Sep 01, 2023 | Sep 13, 2023 |
| Anchor Lockin End date 2 | Oct 31, 2023 | Nov 12, 2023 |
Shri Techtex IPO P/E ratio is 16.71, as compared to Srivari Spices IPO P/E ratio of 9.59.
| Shri Techtex IPO | Srivari Spices IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.71 | 9.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹152.20 Cr. | ₹30.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.84 | 44.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.07 | 23.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.07 | 1.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.19 | ₹4.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.54 | 24.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shri Techtex IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Srivari Spices IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 14,10,000 shares in Shri Techtex IPO and 4,08,000 shares in Srivari Spices IPO.
| Shri Techtex IPO | Srivari Spices IPO | |
|---|---|---|
| Anchor Investor Reservation | 21,00,000 shares | 6,06,000 shares |
| Market Maker Reservation | 3,72,000 shares | 1,08,000 shares |
| QIB | 14,10,000 shares | 4,08,000 shares |
| NII | 10,56,000 shares | 3,06,000 shares |
| RII | 24,62,000 shares | 7,14,000 shares |
| Employee | ||
| Others | ||
| Total | 70,28,000 shares | 20,34,000 shares |
Shri Techtex IPO subscribed 148.44x in total, whereas Srivari Spices IPO subscribed 450.03x.
| Shri Techtex IPO | Srivari Spices IPO | |
|---|---|---|
| QIB (times) | 58.03x | 79.10x |
| NII (times) | 250.65x | 786.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 156.37x | 517.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 148.44x | 450.03x |
