Comparison between Shayona Engineering IPO and Smarten Power Systems IPO.
Shayona Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Smarten Power Systems IPO is a SME Fixed Price proposed to list at NSE SME.
| Shayona Engineering IPO | Smarten Power Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Arihant Capital Markets Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Shayona Engineering IPO is up to ₹0.00 Cr whereas the issue size of the Smarten Power Systems IPO is up to ₹47.50 Cr. The final issue price of Shayona Engineering IPO is and of Smarten Power Systems IPO is ₹100.00 per share.
| Shayona Engineering IPO | Smarten Power Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 10,32,000 shares | 37,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹37.50 Cr |
| OFS Issue Size | 0 shares | 9,99,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹10.00 Cr |
| Issue Size Total | 10,32,000 shares | 47,49,600 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹47.50 Cr |
Shayona Engineering IPO opens on , while Smarten Power Systems IPO opens on Jul 07, 2025. The closing date of Shayona Engineering IPO and Smarten Power Systems IPO is , and Jul 09, 2025, respectively.
| Shayona Engineering IPO | Smarten Power Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 07, 2025 | |
| Issue Close | Jul 09, 2025 | |
| Basis Of Allotment (Tentative) | Jul 10, 2025 | |
| Initiation of Refunds (Tentative) | Jul 11, 2025 | |
| Credit of Share (Tentative) | Jul 11, 2025 | |
| Listing date (Tentative) | Jul 14, 2025 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Shayona Engineering IPO P/E ratio is , as compared to Smarten Power Systems IPO P/E ratio of 11.75.
| Shayona Engineering IPO | Smarten Power Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Shayona Engineering Limited Financial Information (Restated)
| Smarten Power Systems Limited Financial Information (Restated Consolidated)Smarten Power Systems Limited's revenue increased by 2% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 87.30 | 91.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹190.01 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.03% | 39.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 44.02% | 32.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.35 | 0.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.03% | 33.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shayona Engineering IPO Retail Individual Investors (RII) are offered while in Smarten Power Systems IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Shayona Engineering IPO and 0 shares in Smarten Power Systems IPO.
| Shayona Engineering IPO | Smarten Power Systems IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,50,800 shares | |
| QIB | 0 shares | |
| NII | 23,74,800 shares | |
| RII | 23,74,800 shares | |
| Employee | ||
| Others | ||
| Total | 47,49,600 shares |
Shayona Engineering IPO subscribed in total, whereas Smarten Power Systems IPO subscribed 5.51x.
| Shayona Engineering IPO | Smarten Power Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.31x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.66x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.51x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
