Positron Energy IPO vs Sunlite Recycling Industries IPO

Comparison between Positron Energy IPO and Sunlite Recycling Industries IPO.

IPO Details

Positron Energy 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.

Issue Size and Price

The total issue size of Positron Energy IPO is up to ₹48.65 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹28.68 Cr. The final issue price of Positron Energy IPO is ₹250.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.

 Positron Energy IPOSunlite Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹238.00 per share₹100.00 per share
Issue Price (Upper)₹250.00 per share₹105.00 per share
Issue Price (Final)₹250.00 per share₹105.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1200 shares
Fresh Issue Size19,45,800 shares27,31,200 shares
Fresh Issue Size (Amount)up to ₹48.65 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 Total19,45,800 shares27,31,200 shares
Issue Size Total (Amount)up to ₹48.65 Crup to ₹28.68 Cr

IPO Timetable

Positron Energy IPO opens on Aug 12, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of Positron Energy IPO and Sunlite Recycling Industries IPO is Aug 14, 2024, and Aug 14, 2024, respectively.

 Positron Energy IPOSunlite Recycling Industries IPO
Anchor Bid DateAug 09, 2024Aug 09, 2024
Issue OpenAug 12, 2024Aug 12, 2024
Issue CloseAug 14, 2024Aug 14, 2024
Basis Of Allotment (Tentative)Aug 16, 2024Aug 16, 2024
Initiation of Refunds (Tentative)Aug 19, 2024Aug 19, 2024
Credit of Share (Tentative)Aug 19, 2024Aug 19, 2024
Listing date (Tentative)Aug 20, 2024Aug 20, 2024
Anchor Lockin End date 1Sep 15, 2024Sep 15, 2024
Anchor Lockin End date 2Nov 14, 2024Nov 14, 2024

Financials & KPIs

Positron Energy IPO P/E ratio is 15.79, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.

 Positron Energy IPOSunlite Recycling Industries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets37.8924.769.39
Total Income135.4252.038.97
Profit After Tax8.792.130.58
NET Worth14.895.673.54
Reserves and Surplus9.345.323.20
Total Borrowing10.287.423.68
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets63.2171.6348.0237.43
Total Income1,166.551,150.40937.92394.01
Profit After Tax8.905.604.262.53
NET Worth20.043.6211.596.22
Reserves and Surplus12.043.12
Total Borrowing34.9246.4725.3217.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.56100
Promoter Shareholding (Post-Issue)7273.53
P/E Ratio15.799.43
Market Cap₹190.01 Cr.₹114.24 Cr.
ROE85.4875.26
ROCE61.5529.49
Debt/Equity0.691.74
EPS₹15.83₹11.13
RoNW59.0144.43

Shares Offered

In the Positron Energy IPO Retail Individual Investors (RII) are offered 6,81,600 shares while in Sunlite Recycling Industries IPO retail investors are offered 6,81,600 shares. Qualified Institutional Buyers (QIB) are offered 3,88,800 shares in Positron Energy IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.

 Positron Energy IPOSunlite Recycling Industries IPO
Anchor Investor Reservation5,83,200 shares8,18,400 shares
Market Maker Reservation1,02,600 shares1,48,800 shares
QIB3,88,800 shares5,46,000 shares
NII2,92,200 shares4,10,400 shares
RII6,81,600 shares9,56,400 shares
Employee
Others
Total19,45,800 shares27,31,200 shares

Bids Received (Subscription)

Positron Energy IPO subscribed 414.86x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.

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