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Picturepost Studios IPO vs Sunlite Recycling Industries IPO

Comparison between Picturepost Studios IPO and Sunlite Recycling Industries IPO.

IPO Details

Picturepost Studios IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sunlite Recycling Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

 Picturepost Studios IPOSunlite Recycling Industries IPO
LogoPicturepost Studios IPO LogoSunlite Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerShreni Shares Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Picturepost Studios IPO is up to ₹17.77 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹28.68 Cr. The final issue price of Picturepost Studios IPO is ₹24.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.

 Picturepost Studios IPOSunlite Recycling Industries IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹22.00 per share₹100.00 per share
Issue Price (Upper)₹24.00 per share₹105.00 per share
Issue Price (Final)₹24.00 per share₹105.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1200 shares
Fresh Issue Size74,04,000 shares27,31,200 shares
Fresh Issue Size (Amount)up to ₹17.77 Crup to ₹28.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total74,04,000 shares27,31,200 shares
Issue Size Total (Amount)up to ₹17.77 Crup to ₹28.68 Cr

IPO Timetable

Picturepost Studios IPO opens on Aug 02, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of Picturepost Studios IPO and Sunlite Recycling Industries IPO is Aug 06, 2024, and Aug 14, 2024, respectively.

 Picturepost Studios IPOSunlite Recycling Industries IPO
Anchor Bid DateAug 01, 2024Aug 09, 2024
Issue OpenAug 02, 2024Aug 12, 2024
Issue CloseAug 06, 2024Aug 14, 2024
Basis Of Allotment (Tentative)Aug 07, 2024Aug 16, 2024
Initiation of Refunds (Tentative)Aug 08, 2024Aug 19, 2024
Credit of Share (Tentative)Aug 08, 2024Aug 19, 2024
Listing date (Tentative)Aug 09, 2024Aug 20, 2024
Anchor Lockin End date 1Sep 06, 2024Sep 15, 2024
Anchor Lockin End date 2Nov 05, 2024Nov 14, 2024

Financials & KPIs

Picturepost Studios IPO P/E ratio is 15.02, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.

 Picturepost Studios IPOSunlite Recycling Industries IPO
Financials

Picture Post Studios Limited Financial Information (Restated)

Picture Post Studios Limited's revenue increased by 144.6% and profit after tax (PAT) rose by 472.89% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,832.99843.801.95
Total Income2,654.741,085.3529.00
Profit After Tax343.5659.9721.69
Net Worth858.89113.011.45
Reserves and Surplus485.01
Total Borrowing817.69273.40
Amount in ₹ Lakhs

Sunlite Recycling Industries Limited Financial Information (Restated)

Sunlite Recycling Industries Limited's revenue increased by 1.4% and profit after tax (PAT) rose by 58.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets6,321.247,162.564,802.053,743.20
Total Income116,655.09115,039.9193,791.8039,400.84
Profit After Tax890.36560.27426.03252.55
Net Worth2,003.90362.081,158.58622.18
Reserves and Surplus1,203.90312.08
Total Borrowing3,491.744,646.822,532.381,711.39
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)93.02100.00
Promoter Shareholding (Post-Issue)68.2773.53
P/E Ratio15.029.43
Market Cap₹70.32 Cr.₹114.24 Cr.
ROE68.03%75.26%
ROCE26.75%29.49%
Debt/Equity0.791.74
EPS₹1.60₹11.13
RoNW55.64%44.43%

Shares Offered

In the Picturepost Studios IPO Retail Individual Investors (RII) are offered 25,98,000 shares while in Sunlite Recycling Industries IPO retail investors are offered 25,98,000 shares. Qualified Institutional Buyers (QIB) are offered 14,82,000 shares in Picturepost Studios IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.

 Picturepost Studios IPOSunlite Recycling Industries IPO
Anchor Investor Reserveration22,08,000 shares8,18,400 shares
Market Maker Reserveration3,96,000 shares1,48,800 shares
QIB14,82,000 shares5,46,000 shares
NII11,16,000 shares4,10,400 shares
RII25,98,000 shares9,56,400 shares
Employee
Others
Total74,04,000 shares27,31,200 shares

Bids Received (Subscription)

Picturepost Studios IPO subscribed 266.60x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.

 Picturepost Studios IPOSunlite Recycling Industries IPO
QIB (times)101.19x109.05x
NII (times)389.67x584.10x
Big NII (times)
Small NII (times)
RII (times)308.09x252.00x
Employee (times)
Other (times)
Total (times)266.60x282.45x