Shanthala FMCG Products IPO vs Transteel Seating Technologies IPO

Comparison between Shanthala FMCG Products IPO and Transteel Seating Technologies IPO.

IPO Details

Shanthala FMCG Products IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

	Shanthala FMCG Products IPO	Transteel Seating Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Ltd.	Pantomath Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Bhh Securities Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Shanthala FMCG Products IPO is up to ₹15.27 Cr whereas the issue size of the Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of Shanthala FMCG Products IPO is ₹91.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

	Shanthala FMCG Products IPO	Transteel Seating Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹67.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹91.00 per share	₹70.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	16,77,600 shares	60,70,000 shares
Fresh Issue Size (Amount)	up to ₹15.27 Cr	up to ₹42.49 Cr
OFS Issue Size	0 shares	3,56,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹2.49 Cr
Issue Size Total	16,77,600 shares	64,26,000 shares
Issue Size Total (Amount)	up to ₹15.27 Cr	up to ₹44.98 Cr

IPO Timetable

Shanthala FMCG Products IPO opens on Oct 27, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of Shanthala FMCG Products IPO and Transteel Seating Technologies IPO is Oct 31, 2023, and Nov 01, 2023, respectively.

	Shanthala FMCG Products IPO	Transteel Seating Technologies IPO
Anchor Bid Date		Oct 27, 2023
Issue Open	Oct 27, 2023	Oct 30, 2023
Issue Close	Oct 31, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 03, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 06, 2023	Nov 05, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 05, 2023
Listing date (Tentative)	Nov 03, 2023	Nov 06, 2023
Anchor Lockin End date 1		Dec 05, 2023
Anchor Lockin End date 2		Feb 03, 2024

Financials & KPIs

Shanthala FMCG Products IPO P/E ratio is 25.66, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

Shanthala FMCG Products IPO

Transteel Seating Technologies IPO

Financials

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	827.32	657.21	615.79	569.67
Total Income	1,585.58	4,077.25	3,254.57	3,955.67
Profit After Tax	10.15	17.73	4.52	14.41
Net Worth	549.32	143.22	125.49	120.97
Reserves and Surplus	56.15	93.22	75.49	70.97
Total Borrowing
Amount in ₹ Lakhs

Transteel Seating Technologies Limited Financial Information (Restated)

Transteel Seating Technologies Limited's revenue increased by 112.4% and profit after tax (PAT) rose by 471.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	10,062.18	8,347.06	3,609.10	2,538.33
Total Income	3,133.39	5,961.43	2,806.74	2,287.74
Profit After Tax	417.64	909.36	159.08	-0.59
Net Worth	2,860.86	2,444.11	629.71	470.63
Reserves and Surplus	1,521.41	2,385.87	605.91	446.82
Total Borrowing	3,853.15	2,691.10	1,326.75	988.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

77.44

83.75

Promoter Shareholding (Post-Issue)

57.019

53.83

P/E Ratio

25.66

10.29

Market Cap

₹60.95 Cr.

₹141.25 Cr.

ROE

12.38%

37.21%

ROCE

19%

36.69%

Debt/Equity

3.12

EPS

₹3.55

₹6.80

RoNW

12.38%

37.21%

Shares Offered

In the Shanthala FMCG Products IPO Retail Individual Investors (RII) are offered 8,38,800 shares while in Transteel Seating Technologies IPO retail investors are offered 8,38,800 shares. Qualified Institutional Buyers (QIB) are offered in Shanthala FMCG Products IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

	Shanthala FMCG Products IPO	Transteel Seating Technologies IPO
Anchor Investor Reserveration		18,60,000 shares
Market Maker Reserveration	88,800 shares	7,14,000 shares
QIB		13,50,000 shares
NII	8,38,800 shares	9,66,000 shares
RII	8,38,800 shares	22,50,000 shares
Employee
Others
Total	16,77,600 shares	64,26,000 shares

Bids Received (Subscription)

Shanthala FMCG Products IPO subscribed 3.91x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

	Shanthala FMCG Products IPO	Transteel Seating Technologies IPO
QIB (times)		12.15x
NII (times)	4.76x	122.88x
Big NII (times)
Small NII (times)
RII (times)	3.05x	39.82x
Employee (times)
Other (times)
Total (times)	3.91x	49.21x

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