Parmeshwar Metal IPO vs Technichem Organics IPO

Comparison between Parmeshwar Metal IPO and Technichem Organics IPO.

IPO Details

Parmeshwar Metal IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Technichem Organics IPO is a SME Bookbuilding proposed to list at BSE SME.

	Parmeshwar Metal IPO	Technichem Organics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Shreni Shares Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Spread X Securities Pvt.Ltd.	Shreni Shares Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Parmeshwar Metal IPO is up to ₹23.49 Cr whereas the issue size of the Technichem Organics IPO is up to ₹23.86 Cr. The final issue price of Parmeshwar Metal IPO is ₹61.00 per share and of Technichem Organics IPO is ₹55.00 per share.

	Parmeshwar Metal IPO	Technichem Organics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹57.00 per share	₹52.00 per share
Issue Price (Upper)	₹61.00 per share	₹55.00 per share
Issue Price (Final)	₹61.00 per share	₹55.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	38,50,000 shares	43,38,000 shares
Fresh Issue Size (Amount)	up to ₹23.49 Cr	up to ₹23.86 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	38,50,000 shares	43,38,000 shares
Issue Size Total (Amount)	up to ₹23.49 Cr	up to ₹23.86 Cr

IPO Timetable

Parmeshwar Metal IPO opens on Jan 02, 2025, while Technichem Organics IPO opens on Dec 31, 2024. The closing date of Parmeshwar Metal IPO and Technichem Organics IPO is Jan 06, 2025, and Jan 02, 2025, respectively.

	Parmeshwar Metal IPO	Technichem Organics IPO
Anchor Bid Date	Jan 01, 2025	Dec 30, 2024
Issue Open	Jan 02, 2025	Dec 31, 2024
Issue Close	Jan 06, 2025	Jan 02, 2025
Basis Of Allotment (Tentative)	Jan 07, 2025	Jan 03, 2025
Initiation of Refunds (Tentative)	Jan 08, 2025	Jan 06, 2025
Credit of Share (Tentative)	Jan 08, 2025	Jan 06, 2025
Listing date (Tentative)	Jan 09, 2025	Jan 07, 2025
Anchor Lockin End date 1	Feb 05, 2025	Feb 02, 2025
Anchor Lockin End date 2	Apr 06, 2025	Apr 03, 2025

Financials & KPIs

Parmeshwar Metal IPO P/E ratio is 9.51, as compared to Technichem Organics IPO P/E ratio of 14.81.

Parmeshwar Metal IPO

Technichem Organics IPO

Financials

Parmeshwar Metal Limited Financial Information (Restated)

Parmeshwar Metal Limited's revenue increased by 13% and profit after tax (PAT) dropped by -19% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,732.67	7,010.27	5,412.42	4,112.89
Total Income	75,730.83	1,10,246.35	97,270.61	90,227.47
Profit After Tax	570.29	721.93	889.53	685.16
Net Worth	4,291.13	3,720.83	2,998.9	2,109.37
Reserves and Surplus	3,166.13	2,970.83	2,248.9	1,359.37
Total Borrowing	1,468.99	2,188.86	1,660.02	1,383.71
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 Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	5,743.17	5,247.32	4,424.63	4,416.56
Total Income	1,487.89	4,696.84	5,101.97	6,778.63
Profit After Tax	140.46	472.68	172.93	342.06
Net Worth	2,102.5	1,962.04	1,489.36	1,316.43
Reserves and Surplus	829.37	1,707.42	1,234.74	1,061.81
Total Borrowing	1,658.31	1,763.94	1,562.15	1,017.26
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.33

97.64

Promoter Shareholding (Post-Issue)

70.81

71.77

P/E Ratio

9.51

14.81

Market Cap

₹93.37 Cr.

₹95.27 Cr.

ROE

21.49%

27.39%

ROCE

17.51%

22.57%

Debt/Equity

0.59

0.90

EPS

₹6.42

₹3.71

RoNW

19.40%

24.09%

Shares Offered

In the Parmeshwar Metal IPO Retail Individual Investors (RII) are offered 13,48,000 shares while in Technichem Organics IPO retail investors are offered 13,48,000 shares. Qualified Institutional Buyers (QIB) are offered 7,70,000 shares in Parmeshwar Metal IPO and 8,68,000 shares in Technichem Organics IPO.

	Parmeshwar Metal IPO	Technichem Organics IPO
Anchor Investor Reserveration	11,54,000 shares	12,98,000 shares
Market Maker Reserveration	2,06,000 shares	2,52,000 shares
QIB	7,70,000 shares	8,68,000 shares
NII	5,78,000 shares	6,52,000 shares
RII	13,48,000 shares	15,20,000 shares
Employee	0 shares
Others
Total	38,50,000 shares	43,38,000 shares

Bids Received (Subscription)

Parmeshwar Metal IPO subscribed 607.07x in total, whereas Technichem Organics IPO subscribed 425.09x.

	Parmeshwar Metal IPO	Technichem Organics IPO
QIB (times)	177.32x	101.49x
NII (times)	1,202.83x	1,078.90x
Big NII (times)
Small NII (times)
RII (times)	597.09x	329.43x
Employee (times)
Other (times)
Total (times)	607.07x	425.09x

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