Shree Ram Proteins IPO vs Solex Energy IPO

Comparison between Shree Ram Proteins IPO and Solex Energy IPO.

IPO Details

Shree Ram Proteins IPO is a SME Fixed Price IPO proposed to list at NSE SME while Solex Energy IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Shree Ram Proteins IPO is up to ₹18.90 Cr whereas the issue size of the Solex Energy IPO is up to ₹6.80 Cr. The final issue price of Shree Ram Proteins IPO is ₹31.00 per share and of Solex Energy IPO is ₹52.00 per share.

 Shree Ram Proteins IPOSolex Energy 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₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size60,96,000 shares13,08,000 shares
Fresh Issue Size (Amount)up to ₹18.90 Crup to ₹6.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total60,96,000 shares13,08,000 shares
Issue Size Total (Amount)up to ₹18.90 Crup to ₹6.80 Cr

IPO Timetable

Shree Ram Proteins IPO opens on Jan 23, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of Shree Ram Proteins IPO and Solex Energy IPO is Jan 25, 2018, and Jan 25, 2018, respectively.

 Shree Ram Proteins IPOSolex Energy IPO
Issue OpenJan 23, 2018Jan 22, 2018
Issue CloseJan 25, 2018Jan 25, 2018
Basis Of Allotment (Tentative)Jan 31, 2018Jan 31, 2018
Listing date (Tentative)Feb 05, 2018Feb 05, 2018

Financials & KPIs

Shree Ram Proteins IPO P/E ratio is , as compared to Solex Energy IPO P/E ratio of .

 Shree Ram Proteins IPOSolex Energy IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets77.7087.7583.90104.01
Total Income48.72157.80183.58174.67
Profit After Tax0.390.670.511.36
NET Worth19.8219.4318.779.51
Reserves and Surplus4.824.433.773.26
Total Borrowing49.2147.2349.8855.32
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets21.9824.9614.788.59
Total Income6.3534.5046.626.37
Profit After Tax0.310.920.390.10
NET Worth3.933.621.980.92
Reserves and Surplus1.711.400.480.10
Total Borrowing2.540.853.533.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)79.41%97.73%
Promoter Shareholding (Post-Issue)55.60%70.43%
Market Cap₹66.40 Cr.₹25.69 Cr.

Shares Offered

In the Shree Ram Proteins IPO Retail Individual Investors (RII) are offered 30,48,000 shares while in Solex Energy IPO retail investors are offered 30,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shree Ram Proteins IPO and 0 shares in Solex Energy IPO.

 Shree Ram Proteins IPOSolex Energy IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,24,000 shares72,000 shares
QIB0 shares0 shares
NII30,48,000 shares6,54,000 shares
RII30,48,000 shares6,54,000 shares
Employee0 shares0 shares
Total60,96,000 shares13,08,000 shares

Bids Received (Subscription)

Shree Ram Proteins IPO subscribed 4.81x in total, whereas Solex Energy IPO subscribed 20.16x.

 Shree Ram Proteins IPOSolex Energy IPO
NII (times)2.94x15.40x
RII (times)6.68x24.91x
Total (times)4.81x20.16x

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Shree Ram Proteins IPO Vs Solex Energy IPO