Comparison between Piotex Industries IPO and Silkflex Polymers IPO.
Piotex Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Silkflex Polymers IPO is a SME Fixed Price proposed to list at NSE SME.
| Piotex Industries IPO | Silkflex Polymers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Piotex Industries IPO is up to ₹13.74 Cr whereas the issue size of the Silkflex Polymers IPO is up to ₹17.18 Cr. The final issue price of Piotex Industries IPO is ₹94.00 per share and of Silkflex Polymers IPO is ₹52.00 per share.
| Piotex Industries IPO | Silkflex Polymers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹94.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 14,61,600 shares | 33,04,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.74 Cr | up to ₹17.18 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 | 14,61,600 shares | 33,04,000 shares |
| Issue Size Total (Amount) | up to ₹13.74 Cr | up to ₹17.18 Cr |
Piotex Industries IPO opens on May 10, 2024, while Silkflex Polymers IPO opens on May 07, 2024. The closing date of Piotex Industries IPO and Silkflex Polymers IPO is May 14, 2024, and May 10, 2024, respectively.
| Piotex Industries IPO | Silkflex Polymers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 10, 2024 | May 07, 2024 |
| Issue Close | May 14, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Piotex Industries IPO P/E ratio is 11.14, as compared to Silkflex Polymers IPO P/E ratio of 53.76.
| Piotex Industries IPO | Silkflex Polymers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Piotex Industries Limited Financial Information (Restated)Piotex Industries Limited's revenue increased by 37.23% and profit after tax (PAT) rose by 4.17% between the financial year ending with March 31, 2024 and March 31, 2023.
| Silkflex Polymers (India) Limited Financial Information (Restated)Silkflex Polymers (India) Limited's revenue increased by 22.74% and profit after tax (PAT) rose by 14.58% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 99.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.83 | 69.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.14 | 53.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.97 Cr. | ₹60.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.99% | 23.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.20% | 41.04% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | 1.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.44 | ₹0.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.53% | 23.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Piotex Industries IPO Retail Individual Investors (RII) are offered 7,30,800 shares while in Silkflex Polymers IPO retail investors are offered 7,30,800 shares. Qualified Institutional Buyers (QIB) are offered in Piotex Industries IPO and in Silkflex Polymers IPO.
| Piotex Industries IPO | Silkflex Polymers IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 78,000 shares | 1,78,000 shares |
| QIB | ||
| NII | 7,30,800 shares | 16,52,000 shares |
| RII | 7,30,800 shares | 16,52,000 shares |
| Employee | ||
| Others | ||
| Total | 14,61,600 shares | 33,04,000 shares |
Piotex Industries IPO subscribed 107.44x in total, whereas Silkflex Polymers IPO subscribed 39.30x.
| Piotex Industries IPO | Silkflex Polymers IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 115.21x | 36.59x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 93.33x | 35.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 107.44x | 39.30x |
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