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Shreenath Paper Products IPO vs Tejas Cargo IPO

Comparison between Shreenath Paper Products IPO and Tejas Cargo IPO.

IPO Details

Shreenath Paper Products IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Tejas Cargo IPO is a SME Bookbuilding proposed to list at NSE SME.

 Shreenath Paper Products IPOTejas Cargo IPO
LogoShreenath Paper Products IPO LogoTejas Cargo IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGalactico Corporate Services Ltd.New Berry Capitals Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPure Broking Pvt.Ltd.New Berry Capitals Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shreenath Paper Products IPO is up to ₹22.12 Cr whereas the issue size of the Tejas Cargo IPO is up to ₹100.54 Cr. The final issue price of Shreenath Paper Products IPO is ₹44.00 per share and of Tejas Cargo IPO is ₹168.00 per share.

 Shreenath Paper Products IPOTejas Cargo IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹160.00 per share
Issue Price (Upper)₹168.00 per share
Issue Price (Final)₹44.00 per share₹168.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares800 shares
Fresh Issue Size50,28,000 shares59,84,800 shares
Fresh Issue Size (Amount)up to ₹22.12 Crup to ₹100.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,28,000 shares59,84,800 shares
Issue Size Total (Amount)up to ₹22.12 Crup to ₹100.54 Cr

IPO Timetable

Shreenath Paper Products IPO opens on Feb 25, 2025, while Tejas Cargo IPO opens on Feb 14, 2025. The closing date of Shreenath Paper Products IPO and Tejas Cargo IPO is Feb 28, 2025, and Feb 18, 2025, respectively.

 Shreenath Paper Products IPOTejas Cargo IPO
Anchor Bid DateFeb 13, 2025
Issue OpenFeb 25, 2025Feb 14, 2025
Issue CloseFeb 28, 2025Feb 18, 2025
Basis Of Allotment (Tentative)Mar 03, 2025Feb 19, 2025
Initiation of Refunds (Tentative)Mar 04, 2025Feb 20, 2025
Credit of Share (Tentative)Mar 04, 2025Feb 20, 2025
Listing date (Tentative)Mar 05, 2025Feb 24, 2025
Anchor Lockin End date 1Mar 21, 2025
Anchor Lockin End date 2May 20, 2025

Financials & KPIs

Shreenath Paper Products IPO P/E ratio is 14.37, as compared to Tejas Cargo IPO P/E ratio of 22.35.

 Shreenath Paper Products IPOTejas Cargo IPO
Financials

Shreenath Paper Products Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets62.2560.3450.9530.82
Total Income78.62189.67206.7141.75
Profit After Tax2.414.394.381.34
Net Worth21.3418.9310.545.65
Reserves and Surplus6.994.599.84.97
Total Borrowing31.3728.8925.0116.73
Amount in ₹ Crore

Tejas Cargo India Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets294.29236
Total Income255.09422.59
Profit After Tax8.7513.22
Net Worth63.1655.45
Reserves and Surplus46.655.2
Total Borrowing206.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)72.9873.63
P/E Ratio14.3722.35
Market Cap₹86.48 Cr.₹401.40 Cr.
ROE23.19%38.62%
ROCE19.32%28.30%
Debt/Equity
EPS₹3.06₹7.52
RoNW23.19%23.85%

Shares Offered

In the Shreenath Paper Products IPO Retail Individual Investors (RII) are offered 25,14,000 shares while in Tejas Cargo IPO retail investors are offered 25,14,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shreenath Paper Products IPO and 11,84,800 shares in Tejas Cargo IPO.

 Shreenath Paper Products IPOTejas Cargo IPO
Anchor Investor Reserveration0 shares17,75,200 shares
Market Maker Reserveration2,82,000 shares3,15,200 shares
QIB0 shares11,84,800 shares
NII25,14,000 shares8,88,800 shares
RII25,14,000 shares20,72,800 shares
Employee0 shares63,200 shares
Others
Total50,28,000 shares59,84,800 shares

Bids Received (Subscription)

Shreenath Paper Products IPO subscribed 1.85x in total, whereas Tejas Cargo IPO subscribed 1.15x.

 Shreenath Paper Products IPOTejas Cargo IPO
QIB (times)1.33x
NII (times)0.52x1.07x
Big NII (times)
Small NII (times)
RII (times)3.18x1.09x
Employee (times)
Other (times)
Total (times)1.85x1.15x