Comparison between Hi-Green Carbon IPO and Sunita Tools IPO.
Hi-Green Carbon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Hi-Green Carbon IPO | Sunita Tools IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | SS Corporate Securities 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 Hi-Green Carbon IPO is up to ₹49.64 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Hi-Green Carbon IPO is ₹75.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Hi-Green Carbon IPO | Sunita Tools IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 55,69,200 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.77 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 10,50,000 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹7.88 Cr | up to ₹2.90 Cr |
| Issue Size Total | 66,19,200 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹49.64 Cr | up to ₹20.91 Cr |
Hi-Green Carbon IPO opens on Sep 21, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Hi-Green Carbon IPO and Sunita Tools IPO is Sep 25, 2023, and Oct 03, 2023, respectively.
| Hi-Green Carbon IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2023 | |
| Issue Open | Sep 21, 2023 | Sep 26, 2023 |
| Issue Close | Sep 25, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | |
| Anchor Lockin End date 2 | Dec 27, 2023 |
Hi-Green Carbon IPO P/E ratio is 13.13, as compared to Sunita Tools IPO P/E ratio of 16.88.
| Hi-Green Carbon IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.83 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.13 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹187.43 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 63.19% | 12.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 64.70% | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.60 | 5.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.71 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 48.02% | 105.31% |
In the Hi-Green Carbon IPO Retail Individual Investors (RII) are offered 23,16,800 shares while in Sunita Tools IPO retail investors are offered 23,16,800 shares. Qualified Institutional Buyers (QIB) are offered 13,23,200 shares in Hi-Green Carbon IPO and in Sunita Tools IPO.
| Hi-Green Carbon IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reserveration | 19,84,000 shares | |
| Market Maker Reserveration | 4,20,800 shares | 78,000 shares |
| QIB | 13,23,200 shares | |
| NII | 9,95,200 shares | 7,21,000 shares |
| RII | 23,16,800 shares | 7,21,000 shares |
| Employee | ||
| Others | ||
| Total | 66,19,200 shares | 14,42,000 shares |
Hi-Green Carbon IPO subscribed 168.92x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Hi-Green Carbon IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | 69.95x | |
| NII (times) | 236.76x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 196.35x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 168.92x | 13.24x |
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