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Presstonic Engineering IPO vs Siyaram Recycling Industries IPO

Comparison between Presstonic Engineering IPO and Siyaram Recycling Industries IPO.

IPO Details

Presstonic Engineering 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.

 Presstonic Engineering IPOSiyaram Recycling Industries IPO
LogoPresstonic Engineering IPO LogoSiyaram Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerNikunj Stock Brokers Ltd.Hem Finlease Pvt.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 Presstonic Engineering IPO is up to ₹22.13 Cr whereas the issue size of the Siyaram Recycling Industries IPO is up to ₹21.80 Cr. The final issue price of Presstonic Engineering IPO is ₹72.00 per share and of Siyaram Recycling Industries IPO is ₹46.00 per share.

 Presstonic Engineering IPOSiyaram Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹43.00 per share
Issue Price (Upper)₹46.00 per share
Issue Price (Final)₹72.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size30,73,600 shares47,40,000 shares
Fresh Issue Size (Amount)up to ₹22.13 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 Total30,73,600 shares47,40,000 shares
Issue Size Total (Amount)up to ₹22.13 Crup to ₹21.80 Cr

IPO Timetable

Presstonic Engineering IPO opens on Dec 11, 2023, while Siyaram Recycling Industries IPO opens on Dec 14, 2023. The closing date of Presstonic Engineering IPO and Siyaram Recycling Industries IPO is Dec 13, 2023, and Dec 18, 2023, respectively.

 Presstonic Engineering IPOSiyaram Recycling Industries IPO
Anchor Bid DateDec 13, 2023
Issue OpenDec 11, 2023Dec 14, 2023
Issue CloseDec 13, 2023Dec 18, 2023
Basis Of Allotment (Tentative)Dec 14, 2023Dec 19, 2023
Initiation of Refunds (Tentative)Dec 15, 2023Dec 20, 2023
Credit of Share (Tentative)Dec 15, 2023Dec 20, 2023
Listing date (Tentative)Dec 18, 2023Dec 21, 2023
Anchor Lockin End date 1Jan 18, 2024
Anchor Lockin End date 2Mar 18, 2024

Financials & KPIs

Presstonic Engineering IPO P/E ratio is 6.28, as compared to Siyaram Recycling Industries IPO P/E ratio of 8.3.

 Presstonic Engineering IPOSiyaram Recycling Industries IPO
Financials

Presstonic Engineering Limited Financial Information (Restated)

Presstonic Engineering Limited's revenue increased by 66.11% and profit after tax (PAT) rose by 1721.76% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,850.692,737.682,496.712,386.97
Total Income1,431.672,113.271,272.21769.44
Profit After Tax152.21256.1414.06-16.94
Net Worth645.57493.36237.22223.16
Reserves and Surplus198.50269.8313.69-0.37
Total Borrowing1,536.971,645.271,797.081,774.95
Amount in ₹ Lakhs

Siyaram Recycling Industries Limited Financial Information (Restated)

Siyaram Recycling Industries Limited's revenue increased by 16.75% and profit after tax (PAT) rose by 137.36% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets15,136.319,851.359,823.59
Total Income49,786.2742,644.3413,972.93
Profit After Tax765.42322.47142.28
Net Worth4,642.123,876.713,554.23
Reserves and Surplus3,261.572,496.162,173.68
Total Borrowing6,706.952,821.022,931.72
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.97100
Promoter Shareholding (Post-Issue)57.99
P/E Ratio6.288.3
Market Cap₹55.49 Cr.₹86.47 Cr.
ROE115%17.97%
ROCE87%13.42%
Debt/Equity0.981.44
EPS₹5.73₹5.54
RoNW51.92%16.49%

Shares Offered

In the Presstonic Engineering IPO Retail Individual Investors (RII) are offered 15,37,600 shares while in Siyaram Recycling Industries IPO retail investors are offered 15,37,600 shares. Qualified Institutional Buyers (QIB) are offered in Presstonic Engineering IPO and 9,48,000 shares in Siyaram Recycling Industries IPO.

 Presstonic Engineering IPOSiyaram Recycling Industries IPO
Anchor Investor Reserveration14,22,000 shares
Market Maker Reserveration1,63,200 shares2,52,000 shares
QIB9,48,000 shares
NII15,36,000 shares7,11,000 shares
RII15,37,600 shares16,59,000 shares
Employee
Others
Total30,73,600 shares47,40,000 shares

Bids Received (Subscription)

Presstonic Engineering IPO subscribed 168.25x in total, whereas Siyaram Recycling Industries IPO subscribed 385.19x.

 Presstonic Engineering IPOSiyaram Recycling Industries IPO
QIB (times)96.43x
NII (times)133.56x597.72x
Big NII (times)
Small NII (times)
RII (times)188.94x459.11x
Employee (times)
Other (times)
Total (times)168.25x385.19x