Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Aditya Ultra Steel IPO vs Shubhshree Biofuels Energy IPO

Comparison between Aditya Ultra Steel IPO and Shubhshree Biofuels Energy IPO.

IPO Details

Aditya Ultra Steel IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shubhshree Biofuels Energy IPO is a SME Bookbuilding proposed to list at NSE SME.

 Aditya Ultra Steel IPOShubhshree Biofuels Energy IPO
LogoAditya Ultra Steel IPO LogoShubhshree Biofuels Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking 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 Aditya Ultra Steel IPO is up to ₹43.59 Cr whereas the issue size of the Shubhshree Biofuels Energy IPO is up to ₹15.71 Cr. The final issue price of Aditya Ultra Steel IPO is ₹62.00 per share and of Shubhshree Biofuels Energy IPO is ₹119.00 per share.

 Aditya Ultra Steel IPOShubhshree Biofuels Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹59.00 per share₹113.00 per share
Issue Price (Upper)₹62.00 per share₹119.00 per share
Issue Price (Final)₹62.00 per share₹119.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size70,30,000 shares13,20,000 shares
Fresh Issue Size (Amount)up to ₹43.59 Crup to ₹15.71 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total70,30,000 shares13,20,000 shares
Issue Size Total (Amount)up to ₹43.59 Crup to ₹15.71 Cr

IPO Timetable

Aditya Ultra Steel IPO opens on Sep 09, 2024, while Shubhshree Biofuels Energy IPO opens on Sep 09, 2024. The closing date of Aditya Ultra Steel IPO and Shubhshree Biofuels Energy IPO is Sep 11, 2024, and Sep 11, 2024, respectively.

 Aditya Ultra Steel IPOShubhshree Biofuels Energy IPO
Anchor Bid DateSep 06, 2024
Issue OpenSep 09, 2024Sep 09, 2024
Issue CloseSep 11, 2024Sep 11, 2024
Basis Of Allotment (Tentative)Sep 12, 2024Sep 12, 2024
Initiation of Refunds (Tentative)Sep 13, 2024Sep 13, 2024
Credit of Share (Tentative)Sep 13, 2024Sep 13, 2024
Listing date (Tentative)Sep 16, 2024Sep 16, 2024
Anchor Lockin End date 1Oct 12, 2024
Anchor Lockin End date 2Dec 11, 2024

Financials & KPIs

Aditya Ultra Steel IPO P/E ratio is 13.64, as compared to Shubhshree Biofuels Energy IPO P/E ratio of 13.89.

 Aditya Ultra Steel IPOShubhshree Biofuels Energy IPO
Financials

Aditya Ultra Steel Limited Financial Information (Restated)

Aditya Ultra Steel Limited's revenue increased by 11% and profit after tax (PAT) rose by 185% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets14,752.339,734.659,156.62
Total Income58,856.2953,048.9151,598.34
Profit After Tax792.34277.66488.9
Net Worth3,758.212,865.862,588.2
Reserves and Surplus3,128.62,739.812,462.15
Total Borrowing5,427.074,984.144,695.12
Amount in ₹ Lakhs

Shubhshree Biofuels Energy Limited Financial Information (Restated)

Shubhshree Biofuels Energy Limited's revenue increased by 59% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,396.84593.12185.61
Total Income9,488.325,971.24791.83
Profit After Tax329.77242.3827.46
Net Worth711.27256.514.12
Reserves and Surplus326.27255.513.12
Total Borrowing60.6691.0648.82
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97.94100.00
Promoter Shareholding (Post-Issue)68.7673.45
P/E Ratio13.6413.89
Market Cap₹153.98 Cr.₹62.38 Cr.
ROE23.92%68.15%
ROCE18.75%61.67%
Debt/Equity1.440.09
EPS₹4.54₹8.57
RoNW21.08%46.36%

Shares Offered

In the Aditya Ultra Steel IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Shubhshree Biofuels Energy IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 35,12,000 shares in Aditya Ultra Steel IPO and 2,64,000 shares in Shubhshree Biofuels Energy IPO.

 Aditya Ultra Steel IPOShubhshree Biofuels Energy IPO
Anchor Investor Reserveration3,93,600 shares
Market Maker Reserveration3,70,000 shares72,000 shares
QIB35,12,000 shares2,64,000 shares
NII10,56,000 shares1,99,200 shares
RII24,62,000 shares4,63,200 shares
Employee
Others
Total70,30,000 shares13,20,000 shares

Bids Received (Subscription)

Aditya Ultra Steel IPO subscribed 10.58x in total, whereas Shubhshree Biofuels Energy IPO subscribed 132.89x.

 Aditya Ultra Steel IPOShubhshree Biofuels Energy IPO
QIB (times)1.21x31.32x
NII (times)12.16x245.74x
Big NII (times)
Small NII (times)
RII (times)23.26x135.65x
Employee (times)
Other (times)
Total (times)10.58x132.89x