Accent Microcell IPO vs Siyaram Recycling Industries IPO

Comparison between Accent Microcell IPO and Siyaram Recycling Industries IPO.

IPO Details

Accent Microcell IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siyaram Recycling Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Accent Microcell IPO is up to ₹74.48 Cr whereas the issue size of the Siyaram Recycling Industries IPO is up to ₹21.80 Cr. The final issue price of Accent Microcell IPO is ₹140.00 per share and of Siyaram Recycling Industries IPO is ₹46.00 per share.

 Accent Microcell IPOSiyaram Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹133.00 per share₹43.00 per share
Issue Price (Upper)₹140.00 per share₹46.00 per share
Issue Price (Final)₹140.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares3000 shares
Fresh Issue Size53,20,000 shares47,40,000 shares
Fresh Issue Size (Amount)up to ₹74.48 Crup to ₹21.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total53,20,000 shares47,40,000 shares
Issue Size Total (Amount)up to ₹74.48 Crup to ₹21.80 Cr

IPO Timetable

Accent Microcell IPO opens on Dec 08, 2023, while Siyaram Recycling Industries IPO opens on Dec 14, 2023. The closing date of Accent Microcell IPO and Siyaram Recycling Industries IPO is Dec 12, 2023, and Dec 18, 2023, respectively.

 Accent Microcell IPOSiyaram Recycling Industries IPO
Anchor Bid DateDec 07, 2023Dec 13, 2023
Issue OpenDec 08, 2023Dec 14, 2023
Issue CloseDec 12, 2023Dec 18, 2023
Basis Of Allotment (Tentative)Dec 13, 2023Dec 19, 2023
Initiation of Refunds (Tentative)Dec 14, 2023Dec 20, 2023
Credit of Share (Tentative)Dec 14, 2023Dec 20, 2023
Listing date (Tentative)Dec 15, 2023Dec 21, 2023
Anchor Lockin End date 1Jan 12, 2024Jan 18, 2024
Anchor Lockin End date 2Mar 12, 2024Mar 18, 2024

Financials & KPIs

Accent Microcell IPO P/E ratio is 13.92, as compared to Siyaram Recycling Industries IPO P/E ratio of 8.3.

 Accent Microcell IPOSiyaram Recycling Industries IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets122.15114.1094.6180.70
Total Income59.93206.97167.54134.82
Profit After Tax7.0613.015.894.80
NET Worth51.2544.2032.0926.63
Reserves and Surplus38.3131.2619.1922.33
Total Borrowing21.0622.7824.1030.64
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets151.3698.5198.24
Total Income497.86426.44139.73
Profit After Tax7.653.221.42
NET Worth46.4238.7735.54
Reserves and Surplus32.6224.9621.74
Total Borrowing67.0728.2129.32
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)73.13100
Promoter Shareholding (Post-Issue)53.67
P/E Ratio13.928.3
Market Cap₹294.60 Cr.₹86.47 Cr.
ROE34.11%17.97%
ROCE26.46%13.42%
Debt/Equity0.521.44
EPS₹10.06₹5.54
RoNW29.44%16.49%

Shares Offered

In the Accent Microcell IPO Retail Individual Investors (RII) are offered 18,62,000 shares while in Siyaram Recycling Industries IPO retail investors are offered 18,62,000 shares. Qualified Institutional Buyers (QIB) are offered 10,64,000 shares in Accent Microcell IPO and 9,48,000 shares in Siyaram Recycling Industries IPO.

 Accent Microcell IPOSiyaram Recycling Industries IPO
Anchor Investor Reservation15,96,000 shares14,22,000 shares
Market Maker Reservation2,80,000 shares2,52,000 shares
QIB10,64,000 shares9,48,000 shares
NII7,98,000 shares7,11,000 shares
RII18,62,000 shares16,59,000 shares
Employee
Others
Total53,20,000 shares47,40,000 shares

Bids Received (Subscription)

Accent Microcell IPO subscribed 362.41x in total, whereas Siyaram Recycling Industries IPO subscribed 385.19x.

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