Comparison between Siyaram Recycling Industries IPO and Trident Techlabs IPO.
Siyaram Recycling Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Trident Techlabs IPO is a SME Bookbuilding proposed to list at NSE SME.
| Siyaram Recycling Industries IPO | Trident Techlabs IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Siyaram Recycling Industries IPO is up to ₹21.80 Cr whereas the issue size of the Trident Techlabs IPO is up to ₹14.77 Cr. The final issue price of Siyaram Recycling Industries IPO is ₹46.00 per share and of Trident Techlabs IPO is ₹35.00 per share.
| Siyaram Recycling Industries IPO | Trident Techlabs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹43.00 per share | ₹33.00 per share |
| Issue Price (Upper) | ₹46.00 per share | ₹35.00 per share |
| Issue Price (Final) | ₹46.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 47,40,000 shares | 42,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.80 Cr | up to ₹14.77 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 | 47,40,000 shares | 42,20,000 shares |
| Issue Size Total (Amount) | up to ₹21.80 Cr | up to ₹14.77 Cr |
Siyaram Recycling Industries IPO opens on Dec 14, 2023, while Trident Techlabs IPO opens on Dec 21, 2023. The closing date of Siyaram Recycling Industries IPO and Trident Techlabs IPO is Dec 18, 2023, and Dec 26, 2023, respectively.
| Siyaram Recycling Industries IPO | Trident Techlabs IPO | |
|---|---|---|
| Anchor Bid Date | Dec 13, 2023 | Dec 20, 2023 |
| Issue Open | Dec 14, 2023 | Dec 21, 2023 |
| Issue Close | Dec 18, 2023 | Dec 26, 2023 |
| Basis Of Allotment (Tentative) | Dec 19, 2023 | Dec 27, 2023 |
| Initiation of Refunds (Tentative) | Dec 20, 2023 | Dec 28, 2023 |
| Credit of Share (Tentative) | Dec 20, 2023 | Dec 28, 2023 |
| Listing date (Tentative) | Dec 21, 2023 | Dec 29, 2023 |
| Anchor Lockin End date 1 | Jan 18, 2024 | Jan 26, 2024 |
| Anchor Lockin End date 2 | Mar 18, 2024 | Mar 26, 2024 |
Siyaram Recycling Industries IPO P/E ratio is 8.3, as compared to Trident Techlabs IPO P/E ratio of 7.42.
| Siyaram Recycling Industries IPO | Trident Techlabs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 92.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.3 | 7.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.47 Cr. | ₹60.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.97% | 34.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.42% | 23.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.44 | 0.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.54 | ₹4.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.49% | 29.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Siyaram Recycling Industries IPO Retail Individual Investors (RII) are offered 16,59,000 shares while in Trident Techlabs IPO retail investors are offered 16,59,000 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Siyaram Recycling Industries IPO and 8,04,000 shares in Trident Techlabs IPO.
| Siyaram Recycling Industries IPO | Trident Techlabs IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,22,000 shares | 12,04,000 shares |
| Market Maker Reservation | 2,52,000 shares | 3,60,000 shares |
| QIB | 9,48,000 shares | 8,04,000 shares |
| NII | 7,11,000 shares | 6,64,000 shares |
| RII | 16,59,000 shares | 15,48,000 shares |
| Employee | ||
| Others | ||
| Total | 47,40,000 shares | 42,20,000 shares |
Siyaram Recycling Industries IPO subscribed 385.19x in total, whereas Trident Techlabs IPO subscribed 763.30x.
| Siyaram Recycling Industries IPO | Trident Techlabs IPO | |
|---|---|---|
| QIB (times) | 96.43x | 117.91x |
| NII (times) | 597.72x | 854.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 459.11x | 1,059.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 385.19x | 763.30x |
