Siyaram Recycling Industries IPO vs Supreme Power Equipment IPO

Comparison between Siyaram Recycling Industries IPO and Supreme Power Equipment IPO.

IPO Details

Siyaram Recycling Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Supreme Power Equipment IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Siyaram Recycling Industries IPO is up to ₹21.80 Cr whereas the issue size of the Supreme Power Equipment IPO is up to ₹40.61 Cr. The final issue price of Siyaram Recycling Industries IPO is ₹46.00 per share and of Supreme Power Equipment IPO is ₹65.00 per share.

 Siyaram Recycling Industries IPOSupreme Power Equipment IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹43.00 per share₹61.00 per share
Issue Price (Upper)₹46.00 per share₹65.00 per share
Issue Price (Final)₹46.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size47,40,000 shares62,48,000 shares
Fresh Issue Size (Amount)up to ₹21.80 Crup to ₹40.61 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,40,000 shares62,48,000 shares
Issue Size Total (Amount)up to ₹21.80 Crup to ₹40.61 Cr

IPO Timetable

Siyaram Recycling Industries IPO opens on Dec 14, 2023, while Supreme Power Equipment IPO opens on Dec 21, 2023. The closing date of Siyaram Recycling Industries IPO and Supreme Power Equipment IPO is Dec 18, 2023, and Dec 26, 2023, respectively.

 Siyaram Recycling Industries IPOSupreme Power Equipment IPO
Anchor Bid DateDec 13, 2023Dec 20, 2023
Issue OpenDec 14, 2023Dec 21, 2023
Issue CloseDec 18, 2023Dec 26, 2023
Basis Of Allotment (Tentative)Dec 19, 2023Dec 27, 2023
Initiation of Refunds (Tentative)Dec 20, 2023Dec 28, 2023
Credit of Share (Tentative)Dec 20, 2023Dec 28, 2023
Listing date (Tentative)Dec 21, 2023Dec 29, 2023
Anchor Lockin End date 1Jan 18, 2024Jan 26, 2024
Anchor Lockin End date 2Mar 18, 2024Mar 26, 2024

Financials & KPIs

Siyaram Recycling Industries IPO P/E ratio is 8.3, as compared to Supreme Power Equipment IPO P/E ratio of 10.69.

 Siyaram Recycling Industries IPOSupreme Power Equipment IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets151.3698.5198.24
Total Income497.86426.44139.73
Profit After Tax7.653.221.42
NET Worth46.4238.7735.54
Reserves and Surplus32.6224.9621.74
Total Borrowing67.0728.2129.32
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Jul 202331 Mar 2023
Assets91.8769.01
Total Income39.2899.91
Profit After Tax5.0311.08
NET Worth22.9818.06
Reserves and Surplus19.0214.10
Total Borrowing21.5420.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10079.37
Promoter Shareholding (Post-Issue)57.54
P/E Ratio8.310.69
Market Cap₹86.47 Cr.₹162.44 Cr.
ROE17.97%59.88%
ROCE13.42%83.01%
Debt/Equity1.440.45
EPS₹5.54₹6.08
RoNW16.49%59.88%

Shares Offered

In the Siyaram Recycling Industries IPO Retail Individual Investors (RII) are offered 16,59,000 shares while in Supreme Power Equipment IPO retail investors are offered 16,59,000 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Siyaram Recycling Industries IPO and 12,50,000 shares in Supreme Power Equipment IPO.

 Siyaram Recycling Industries IPOSupreme Power Equipment IPO
Anchor Investor Reservation14,22,000 shares18,70,000 shares
Market Maker Reservation2,52,000 shares9,32,000 shares
QIB9,48,000 shares12,50,000 shares
NII7,11,000 shares9,40,000 shares
RII16,59,000 shares21,88,000 shares
Employee
Others
Total47,40,000 shares62,48,000 shares

Bids Received (Subscription)

Siyaram Recycling Industries IPO subscribed 385.19x in total, whereas Supreme Power Equipment IPO subscribed 262.60x.

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Siyaram Recycling Industries IPO Vs Supreme Power Equipment IPO