Shankar Lal Rampal Dye-Chem IPO vs Surani Steel Tubes IPO

Comparison between Shankar Lal Rampal Dye-Chem IPO and Surani Steel Tubes IPO.

IPO Details

Shankar Lal Rampal Dye-Chem IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Shankar Lal Rampal Dye-Chem IPO is up to ₹6.93 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of Shankar Lal Rampal Dye-Chem IPO is ₹45.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.

 Shankar Lal Rampal Dye-Chem IPOSurani Steel Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹52.00 per share
Issue Price (Final)₹45.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size15,39,000 shares23,58,000 shares
Fresh Issue Size (Amount)up to ₹6.93 Crup to ₹12.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,39,000 shares23,58,000 shares
Issue Size Total (Amount)up to ₹6.93 Crup to ₹12.26 Cr

IPO Timetable

Shankar Lal Rampal Dye-Chem IPO opens on Dec 12, 2018, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of Shankar Lal Rampal Dye-Chem IPO and Surani Steel Tubes IPO is Dec 14, 2018, and Jan 29, 2019, respectively.

 Shankar Lal Rampal Dye-Chem IPOSurani Steel Tubes IPO
Issue OpenDec 12, 2018Jan 25, 2019
Issue CloseDec 14, 2018Jan 29, 2019
Basis Of Allotment (Tentative)Feb 01, 2019
Listing date (Tentative)Dec 24, 2018Feb 06, 2019

Financials & KPIs

Shankar Lal Rampal Dye-Chem IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .

 Shankar Lal Rampal Dye-Chem IPOSurani Steel Tubes IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets49.1241.9510.549.71
Total Income40.8575.1729.1926.00
Profit After Tax1.520.960.110.10
Reserves and Surplus18.1116.596.196.08
Total Borrowing19.6913.232.411.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201831 Mar 201831 Mar 201731 Mar 2016
Assets37.1435.2828.3622.98
Total Income36.14100.8076.7068.46
Profit After Tax0.411.721.001.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%48.52%
Promoter Shareholding (Post-Issue)72.99%33.97%
Market Cap₹26.99 Cr.₹43.08 Cr.

Shares Offered

In the Shankar Lal Rampal Dye-Chem IPO Retail Individual Investors (RII) are offered 7,71,000 shares while in Surani Steel Tubes IPO retail investors are offered 7,71,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shankar Lal Rampal Dye-Chem IPO and 0 shares in Surani Steel Tubes IPO.

 Shankar Lal Rampal Dye-Chem IPOSurani Steel Tubes IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation81,000 shares1,26,000 shares
QIB0 shares0 shares
NII7,68,000 shares11,78,000 shares
RII7,71,000 shares11,80,000 shares
Employee0 shares0 shares
Total15,39,000 shares23,58,000 shares

Bids Received (Subscription)

Shankar Lal Rampal Dye-Chem IPO subscribed 1.30x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.

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Shankar Lal Rampal Dye-Chem IPO Vs Surani Steel Tubes IPO