Envirotech Systems IPO vs Shubhshree Biofuels Energy IPO

Comparison between Envirotech Systems IPO and Shubhshree Biofuels Energy IPO.

IPO Details

Envirotech Systems 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.

Issue Size and Price

The total issue size of Envirotech Systems IPO is up to ₹26.31 Cr whereas the issue size of the Shubhshree Biofuels Energy IPO is up to ₹15.71 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Shubhshree Biofuels Energy IPO is ₹119.00 per share.

 Envirotech Systems IPOShubhshree Biofuels Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share₹113.00 per share
Issue Price (Upper)₹56.00 per share₹119.00 per share
Issue Price (Final)₹56.00 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 Size46,98,000 shares13,20,000 shares
Fresh Issue Size (Amount)up to ₹26.31 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 Total46,98,000 shares13,20,000 shares
Issue Size Total (Amount)up to ₹26.31 Crup to ₹15.71 Cr

IPO Timetable

Envirotech Systems IPO opens on Sep 13, 2024, while Shubhshree Biofuels Energy IPO opens on Sep 09, 2024. The closing date of Envirotech Systems IPO and Shubhshree Biofuels Energy IPO is Sep 19, 2024, and Sep 11, 2024, respectively.

 Envirotech Systems IPOShubhshree Biofuels Energy IPO
Anchor Bid DateSep 12, 2024Sep 06, 2024
Issue OpenSep 13, 2024Sep 09, 2024
Issue CloseSep 19, 2024Sep 11, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 12, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Sep 13, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 13, 2024
Listing date (Tentative)Sep 24, 2024Sep 16, 2024
Anchor Lockin End date 1Oct 20, 2024Oct 12, 2024
Anchor Lockin End date 2Dec 19, 2024Dec 11, 2024

Financials & KPIs

Envirotech Systems IPO P/E ratio is 6.56, as compared to Shubhshree Biofuels Energy IPO P/E ratio of 13.89.

 Envirotech Systems IPOShubhshree Biofuels Energy IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets38.6722.7613.87
Total Income46.8828.7518.50
Profit After Tax11.432.571.06
NET Worth19.616.624.04
Reserves and Surplus6.226.123.54
Total Borrowing2.412.612.77
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets13.975.931.86
Total Income94.8859.717.92
Profit After Tax3.302.420.27
NET Worth7.112.570.14
Reserves and Surplus3.262.560.13
Total Borrowing0.610.910.49
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.47100
Promoter Shareholding (Post-Issue)68.7573.45
P/E Ratio6.5613.89
Market Cap₹105.22 Cr.₹62.38 Cr.
ROE58.2968.15
ROCE62.4361.67
Debt/Equity0.09
EPS₹8.54₹8.57
RoNW58.2946.36

Shares Offered

In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Shubhshree Biofuels Energy IPO retail investors are offered 16,46,000 shares. Qualified Institutional Buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and 2,64,000 shares in Shubhshree Biofuels Energy IPO.

 Envirotech Systems IPOShubhshree Biofuels Energy IPO
Anchor Investor Reservation14,06,000 shares3,93,600 shares
Market Maker Reservation7,02,000 shares72,000 shares
QIB9,40,000 shares2,64,000 shares
NII7,06,000 shares1,99,200 shares
RII16,46,000 shares4,63,200 shares
Employee
Others
Total46,98,000 shares13,20,000 shares

Bids Received (Subscription)

Envirotech Systems IPO subscribed 64.23x in total, whereas Shubhshree Biofuels Energy IPO subscribed 90.24x.

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