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Shubhshree Biofuels Energy IPO vs SPP Polymer IPO

Comparison between Shubhshree Biofuels Energy IPO and SPP Polymer IPO.

IPO Details

Shubhshree Biofuels Energy IPO is a SME Fixed Price IPO proposed to list at NSE SME while SPP Polymer IPO is a SME Fixed Price proposed to list at NSE SME.

 Shubhshree Biofuels Energy IPOSPP Polymer IPO
LogoShubhshree Biofuels Energy IPO LogoSPP Polymer IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Interactive Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.B.N.Rathi Securities 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 Shubhshree Biofuels Energy IPO is up to ₹15.71 Cr whereas the issue size of the SPP Polymer IPO is up to ₹23.25 Cr. The final issue price of Shubhshree Biofuels Energy IPO is ₹119.00 per share and of SPP Polymer IPO is ₹59.00 per share.

 Shubhshree Biofuels Energy IPOSPP Polymer IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹113.00 per share
Issue Price (Upper)₹119.00 per share
Issue Price (Final)₹119.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size13,20,000 shares39,40,000 shares
Fresh Issue Size (Amount)up to ₹15.71 Crup to ₹23.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,20,000 shares39,40,000 shares
Issue Size Total (Amount)up to ₹15.71 Crup to ₹23.25 Cr

IPO Timetable

Shubhshree Biofuels Energy IPO opens on Sep 09, 2024, while SPP Polymer IPO opens on Sep 10, 2024. The closing date of Shubhshree Biofuels Energy IPO and SPP Polymer IPO is Sep 11, 2024, and Sep 12, 2024, respectively.

 Shubhshree Biofuels Energy IPOSPP Polymer IPO
Anchor Bid DateSep 06, 2024
Issue OpenSep 09, 2024Sep 10, 2024
Issue CloseSep 11, 2024Sep 12, 2024
Basis Of Allotment (Tentative)Sep 12, 2024Sep 13, 2024
Initiation of Refunds (Tentative)Sep 13, 2024Sep 16, 2024
Credit of Share (Tentative)Sep 13, 2024Sep 16, 2024
Listing date (Tentative)Sep 16, 2024Sep 17, 2024
Anchor Lockin End date 1Oct 12, 2024
Anchor Lockin End date 2Dec 11, 2024

Financials & KPIs

Shubhshree Biofuels Energy IPO P/E ratio is 13.89, as compared to SPP Polymer IPO P/E ratio of 66.72.

 Shubhshree Biofuels Energy IPOSPP Polymer IPO
Financials

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

SPP Polimers Limited Financial Information (Restated Consolidated)

SPP Polimers Limited's revenue increased by 40% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,619.397,091.895,417.983,821.87
Total Income2,895.859,381.296,677.478,077.96
Profit After Tax91.3399.454.4228.01
Net Worth2,591.642,500.32,433.641,971.82
Reserves and Surplus1,500.271,408.932,152.611,697.22
Total Borrowing1,871.941,897.822,215.181,262.21
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0094.99
Promoter Shareholding (Post-Issue)73.4569.37
P/E Ratio13.8966.72
Market Cap₹62.38 Cr.₹90.81 Cr.
ROE68.15%8.01%
ROCE61.67%4.27%
Debt/Equity0.090.71
EPS₹8.57₹0.88
RoNW46.36%3.98%

Shares Offered

In the Shubhshree Biofuels Energy IPO Retail Individual Investors (RII) are offered 4,63,200 shares while in SPP Polymer IPO retail investors are offered 4,63,200 shares. Qualified Institutional Buyers (QIB) are offered 2,64,000 shares in Shubhshree Biofuels Energy IPO and in SPP Polymer IPO.

 Shubhshree Biofuels Energy IPOSPP Polymer IPO
Anchor Investor Reserveration3,93,600 shares
Market Maker Reserveration72,000 shares2,10,000 shares
QIB2,64,000 shares
NII1,99,200 shares19,70,000 shares
RII4,63,200 shares19,70,000 shares
Employee
Others
Total13,20,000 shares39,40,000 shares

Bids Received (Subscription)

Shubhshree Biofuels Energy IPO subscribed 132.89x in total, whereas SPP Polymer IPO subscribed 43.29x.

 Shubhshree Biofuels Energy IPOSPP Polymer IPO
QIB (times)31.32x
NII (times)245.74x22.35x
Big NII (times)
Small NII (times)
RII (times)135.65x59.87x
Employee (times)
Other (times)
Total (times)132.89x43.29x