Comparison between Refractory Shapes IPO and Slone Infosystems IPO.
Refractory Shapes IPO is a SME Fixed Price IPO proposed to list at NSE SME while Slone Infosystems IPO is a SME Fixed Price proposed to list at NSE SME.
| Refractory Shapes IPO | Slone Infosystems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Jawa Capital Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | Aftertrade Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Refractory Shapes IPO is up to ₹17.66 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹10.50 Cr. The final issue price of Refractory Shapes IPO is ₹31.00 per share and of Slone Infosystems IPO is ₹79.00 per share.
| Refractory Shapes IPO | Slone Infosystems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹27.00 per share | |
| Issue Price (Upper) | ₹31.00 per share | |
| Issue Price (Final) | ₹31.00 per share | ₹79.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 56,96,000 shares | 13,29,600 shares |
| Fresh Issue Size (Amount) | up to ₹17.66 Cr | up to ₹10.50 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 | 56,96,000 shares | 13,29,600 shares |
| Issue Size Total (Amount) | up to ₹17.66 Cr | up to ₹10.50 Cr |
Refractory Shapes IPO opens on May 06, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Refractory Shapes IPO and Slone Infosystems IPO is May 09, 2024, and May 07, 2024, respectively.
| Refractory Shapes IPO | Slone Infosystems IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2024 | |
| Issue Open | May 06, 2024 | May 03, 2024 |
| Issue Close | May 09, 2024 | May 07, 2024 |
| Basis Of Allotment (Tentative) | May 10, 2024 | May 08, 2024 |
| Initiation of Refunds (Tentative) | May 13, 2024 | May 09, 2024 |
| Credit of Share (Tentative) | May 13, 2024 | May 09, 2024 |
| Listing date (Tentative) | May 14, 2024 | May 10, 2024 |
| Anchor Lockin End date 1 | Jun 09, 2024 | |
| Anchor Lockin End date 2 | Aug 08, 2024 |
Refractory Shapes IPO P/E ratio is 25.55, as compared to Slone Infosystems IPO P/E ratio of 40.94.
| Refractory Shapes IPO | Slone Infosystems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Refractory Shapes Limited Financial Information (Restated)Refractory Shapes Limited's revenue increased by 47.7% and profit after tax (PAT) dropped by -33.2% between the financial year ending with March 31, 2023 and March 31, 2022.
| Slone Infosystems Limited Financial Information (Restated)Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 99.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.48 | 73.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.55 | 40.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.58 Cr. | ₹41.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15.58% | 74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.79% | 34.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.18 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.21 | ₹1.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.58% | 23.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Refractory Shapes IPO Retail Individual Investors (RII) are offered 19,96,000 shares while in Slone Infosystems IPO retail investors are offered 19,96,000 shares. Qualified Institutional Buyers (QIB) are offered 11,44,000 shares in Refractory Shapes IPO and in Slone Infosystems IPO.
| Refractory Shapes IPO | Slone Infosystems IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,00,000 shares | |
| Market Maker Reserveration | 3,04,000 shares | 70,400 shares |
| QIB | 11,44,000 shares | |
| NII | 8,56,000 shares | 6,64,000 shares |
| RII | 19,96,000 shares | 6,65,600 shares |
| Employee | ||
| Others | ||
| Total | 56,96,000 shares | 13,29,600 shares |
Refractory Shapes IPO subscribed 255.08x in total, whereas Slone Infosystems IPO subscribed 667.81x.
| Refractory Shapes IPO | Slone Infosystems IPO | |
|---|---|---|
| QIB (times) | 90.59x | |
| NII (times) | 464.43x | 756.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 259.56x | 540.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 255.08x | 667.81x |
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