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Identical Brains Studios IPO vs Technichem Organics IPO

Comparison between Identical Brains Studios IPO and Technichem Organics IPO.

IPO Details

Identical Brains Studios IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Technichem Organics IPO is a SME Bookbuilding proposed to list at BSE SME.

 Identical Brains Studios IPOTechnichem Organics IPO
LogoIdentical Brains Studios IPO LogoTechnichem Organics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersSocradamus Capital Pvt.Ltd.Shreni Shares Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.Shreni Shares 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 Identical Brains Studios IPO is up to ₹18.94 Cr whereas the issue size of the Technichem Organics IPO is up to ₹23.86 Cr. The final issue price of Identical Brains Studios IPO is ₹54.00 per share and of Technichem Organics IPO is ₹55.00 per share.

 Identical Brains Studios IPOTechnichem Organics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹52.00 per share
Issue Price (Upper)₹54.00 per share₹55.00 per share
Issue Price (Final)₹54.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size35,08,000 shares43,38,000 shares
Fresh Issue Size (Amount)up to ₹18.94 Crup to ₹23.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,08,000 shares43,38,000 shares
Issue Size Total (Amount)up to ₹18.94 Crup to ₹23.86 Cr

IPO Timetable

Identical Brains Studios IPO opens on Dec 18, 2024, while Technichem Organics IPO opens on Dec 31, 2024. The closing date of Identical Brains Studios IPO and Technichem Organics IPO is Dec 20, 2024, and Jan 02, 2025, respectively.

 Identical Brains Studios IPOTechnichem Organics IPO
Anchor Bid DateDec 17, 2024Dec 30, 2024
Issue OpenDec 18, 2024Dec 31, 2024
Issue CloseDec 20, 2024Jan 02, 2025
Basis Of Allotment (Tentative)Dec 23, 2024Jan 03, 2025
Initiation of Refunds (Tentative)Dec 24, 2024Jan 06, 2025
Credit of Share (Tentative)Dec 24, 2024Jan 06, 2025
Listing date (Tentative)Dec 26, 2024Jan 07, 2025
Anchor Lockin End date 1Jan 22, 2025Feb 02, 2025
Anchor Lockin End date 2Mar 23, 2025Apr 03, 2025

Financials & KPIs

Identical Brains Studios IPO P/E ratio is 10.44, as compared to Technichem Organics IPO P/E ratio of 14.81.

 Identical Brains Studios IPOTechnichem Organics IPO
Financials

Identical Brains Studios Limited Financial Information (Restated)

Identical Brains Studios Limited's revenue increased by 150.71% and profit after tax (PAT) rose by 231.5% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,183.641,702.39475.50226.38
Total Income1,149.622,026.38808.26390.75
Profit After Tax240.54534.65161.2851.01
Net Worth1,436.081,203.62288.51127.23
Reserves and Surplus402.89514.82287.51126.23
Total Borrowing17.0919.04
Amount in ₹ Lakhs

Technichem Organics Limited Financial Information (Restated)

Technichem Organics Limited's revenue decreased by -8% and profit after tax (PAT) rose by 173% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets5,743.175,247.324,424.634,416.56
Total Income1,487.894,696.845,101.976,778.63
Profit After Tax140.46472.68172.93342.06
Net Worth2,102.51,962.041,489.361,316.43
Reserves and Surplus829.371,707.421,234.741,061.81
Total Borrowing1,658.311,763.941,562.151,017.26
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.5397.64
Promoter Shareholding (Post-Issue)71.77
P/E Ratio10.4414.81
Market Cap₹75.74 Cr.₹95.27 Cr.
ROE71.66%27.39%
ROCE103.52%22.57%
Debt/Equity0.020.90
EPS₹5.17₹3.71
RoNW44.42%24.09%

Shares Offered

In the Identical Brains Studios IPO Retail Individual Investors (RII) are offered 12,28,000 shares while in Technichem Organics IPO retail investors are offered 12,28,000 shares. Qualified Institutional Buyers (QIB) are offered 7,04,000 shares in Identical Brains Studios IPO and 8,68,000 shares in Technichem Organics IPO.

 Identical Brains Studios IPOTechnichem Organics IPO
Anchor Investor Reserveration10,48,000 shares12,98,000 shares
Market Maker Reserveration1,86,000 shares2,52,000 shares
QIB7,04,000 shares8,68,000 shares
NII5,28,000 shares6,52,000 shares
RII12,28,000 shares15,20,000 shares
Employee
Others
Total35,08,000 shares43,38,000 shares

Bids Received (Subscription)

Identical Brains Studios IPO subscribed 544.28x in total, whereas Technichem Organics IPO subscribed 425.09x.

 Identical Brains Studios IPOTechnichem Organics IPO
QIB (times)187.36x101.49x
NII (times)1,020.20x1,078.90x
Big NII (times)
Small NII (times)
RII (times)544.28x329.43x
Employee (times)
Other (times)
Total (times)544.28x425.09x