Comparison between Silkflex Polymers IPO and TGIF Agribusiness IPO.
Silkflex Polymers IPO is a SME Fixed Price IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.
| Silkflex Polymers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares 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 Silkflex Polymers IPO is up to ₹17.18 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Silkflex Polymers IPO is ₹52.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
| Silkflex Polymers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹52.00 per share | ₹93.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 33,04,000 shares | 6,52,800 shares |
| Fresh Issue Size (Amount) | up to ₹17.18 Cr | up to ₹6.07 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 | 33,04,000 shares | 6,52,800 shares |
| Issue Size Total (Amount) | up to ₹17.18 Cr | up to ₹6.07 Cr |
Silkflex Polymers IPO opens on May 07, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Silkflex Polymers IPO and TGIF Agribusiness IPO is May 10, 2024, and May 10, 2024, respectively.
| Silkflex Polymers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 07, 2024 | May 08, 2024 |
| Issue Close | May 10, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 13, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 14, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 14, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 15, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Silkflex Polymers IPO P/E ratio is 53.76, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.
| Silkflex Polymers IPO | TGIF Agribusiness IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.84 | 99.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.89 | 73.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 53.76 | 13.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹60.36 Cr. | ₹24.06 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41.04% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.97 | ₹6.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.91% | 42.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Silkflex Polymers IPO Retail Individual Investors (RII) are offered 16,52,000 shares while in TGIF Agribusiness IPO retail investors are offered 16,52,000 shares. Qualified Institutional Buyers (QIB) are offered in Silkflex Polymers IPO and in TGIF Agribusiness IPO.
| Silkflex Polymers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,78,000 shares | 34,800 shares |
| QIB | ||
| NII | 16,52,000 shares | 3,26,400 shares |
| RII | 16,52,000 shares | 3,26,400 shares |
| Employee | ||
| Others | ||
| Total | 33,04,000 shares | 6,52,800 shares |
Silkflex Polymers IPO subscribed 39.30x in total, whereas TGIF Agribusiness IPO subscribed 37.13x.
| Silkflex Polymers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 36.59x | 35.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 35.97x | 32.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 39.30x | 37.13x |
