Swastik Pipe IPO vs Technopack Polymers IPO

Comparison between Swastik Pipe IPO and Technopack Polymers IPO.

IPO Details

Swastik Pipe IPO is a SME Fixed Price IPO proposed to list at NSE SME while Technopack Polymers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Swastik Pipe IPO is up to ₹59.38 Cr whereas the issue size of the Technopack Polymers IPO is up to ₹7.47 Cr. The final issue price of Swastik Pipe IPO is ₹100.00 per share and of Technopack Polymers IPO is ₹55.00 per share.

 Swastik Pipe IPOTechnopack Polymers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹97.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size59,37,600 shares13,58,500 shares
Fresh Issue Size (Amount)up to ₹59.38 Crup to ₹7.47 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total59,37,600 shares13,58,500 shares
Issue Size Total (Amount)up to ₹59.38 Crup to ₹7.47 Cr

IPO Timetable

Swastik Pipe IPO opens on Sep 29, 2022, while Technopack Polymers IPO opens on Nov 02, 2022. The closing date of Swastik Pipe IPO and Technopack Polymers IPO is Oct 03, 2022, and Nov 07, 2022, respectively.

Financials & KPIs

Swastik Pipe IPO P/E ratio is 11.38, as compared to Technopack Polymers IPO P/E ratio of 10.54.

 Swastik Pipe IPOTechnopack Polymers IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets341.27336.26336.51356.08
Total Income612.20523.84658.07727.56
Profit After Tax20.411.49-13.894.68
NET Worth141.6981.3079.8193.70
Reserves and Surplus124.7172.0970.6184.50
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 202231 Mar 202231 Mar 202131 Mar 2020
Assets11.849.265.863.58
Total Income4.8210.036.163.55
Profit After Tax0.942.110.020.04
NET Worth7.793.001.000.98
Reserves and Surplus3.822.00-0.00-0.02
Total Borrowing1.612.713.292.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.27100
Promoter Shareholding (Post-Issue)64.5173.51
P/E Ratio11.3810.54
Market Cap₹232.32 Cr.₹29.70 Cr.
ROE14
ROCE12
Debt/Equity0.80
EPS₹14.19₹6.45
RoNW14.4170.19

Shares Offered

In the Swastik Pipe IPO Retail Individual Investors (RII) are offered 29,68,800 shares while in Technopack Polymers IPO retail investors are offered 29,68,800 shares. Qualified Institutional Buyers (QIB) are offered in Swastik Pipe IPO and in Technopack Polymers IPO.

 Swastik Pipe IPOTechnopack Polymers IPO
Anchor Investor Reservation
Market Maker Reservation3,14,400 shares71,500 shares
QIB
NII29,68,800 shares6,79,250 shares
RII29,68,800 shares6,79,250 shares
Employee
Others
Total59,37,600 shares13,58,500 shares

Bids Received (Subscription)

Swastik Pipe IPO subscribed 1.35x in total, whereas Technopack Polymers IPO subscribed 19.81x.

Compare with others

Compare: