Comparison between Promax Power IPO and Shri Venkatesh Refineries IPO.
Promax Power IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shri Venkatesh Refineries IPO is a SME Fixed Price proposed to list at BSE SME.
| Promax Power IPO | Shri Venkatesh Refineries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Promax Power IPO is up to ₹1.52 Cr whereas the issue size of the Shri Venkatesh Refineries IPO is up to ₹11.12 Cr. The final issue price of Promax Power IPO is ₹10.00 per share and of Shri Venkatesh Refineries IPO is ₹40.00 per share.
| Promax Power IPO | Shri Venkatesh Refineries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 3000 shares |
| Fresh Issue Size | 15,20,000 shares | 27,81,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.52 Cr | up to ₹11.12 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 | 15,20,000 shares | 27,81,000 shares |
| Issue Size Total (Amount) | up to ₹1.52 Cr | up to ₹11.12 Cr |
Promax Power IPO opens on Sep 30, 2021, while Shri Venkatesh Refineries IPO opens on Sep 29, 2021. The closing date of Promax Power IPO and Shri Venkatesh Refineries IPO is Oct 04, 2021, and Oct 01, 2021, respectively.
| Promax Power IPO | Shri Venkatesh Refineries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2021 | Sep 29, 2021 |
| Issue Close | Oct 04, 2021 | Oct 01, 2021 |
| Basis Of Allotment (Tentative) | Oct 07, 2021 | Oct 06, 2021 |
| Initiation of Refunds (Tentative) | Oct 08, 2021 | Oct 08, 2021 |
| Credit of Share (Tentative) | Oct 11, 2021 | Oct 08, 2021 |
| Listing date (Tentative) | Oct 12, 2021 | Oct 11, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Promax Power IPO P/E ratio is , as compared to Shri Venkatesh Refineries IPO P/E ratio of .
| Promax Power IPO | Shri Venkatesh Refineries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 73.33 | 73.53 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹6.00 Cr. | ₹44.24 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Promax Power IPO Retail Individual Investors (RII) are offered 7,60,000 shares while in Shri Venkatesh Refineries IPO retail investors are offered 7,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Promax Power IPO and in Shri Venkatesh Refineries IPO.
| Promax Power IPO | Shri Venkatesh Refineries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 80,000 shares | 1,47,000 shares |
| QIB | ||
| NII | 7,60,000 shares | 13,89,000 shares |
| RII | 7,60,000 shares | 13,92,000 shares |
| Employee | ||
| Others | ||
| Total | 15,20,000 shares | 27,81,000 shares |
Promax Power IPO subscribed 6.89x in total, whereas Shri Venkatesh Refineries IPO subscribed 3.12x.
| Promax Power IPO | Shri Venkatesh Refineries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.39x | 2.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.38x | 3.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.89x | 3.12x |
