Comparison between Chetana Education IPO and Trom Industries IPO.
Chetana Education IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chetana Education IPO | Trom Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Trom Industries IPO is ₹115.00 per share.
| Chetana Education IPO | Trom Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹115.00 per share |
| Issue Price (Final) | ₹85.00 per share | ₹115.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 51,26,400 shares | 25,90,800 shares |
| Fresh Issue Size (Amount) | up to ₹43.57 Cr | up to ₹29.79 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 | 51,26,400 shares | 25,90,800 shares |
| Issue Size Total (Amount) | up to ₹43.57 Cr | up to ₹29.79 Cr |
Chetana Education IPO opens on Jul 24, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Chetana Education IPO and Trom Industries IPO is Jul 26, 2024, and Jul 29, 2024, respectively.
| Chetana Education IPO | Trom Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 23, 2024 | Jul 24, 2024 |
| Issue Open | Jul 24, 2024 | Jul 25, 2024 |
| Issue Close | Jul 26, 2024 | Jul 29, 2024 |
| Basis Of Allotment (Tentative) | Jul 29, 2024 | Jul 30, 2024 |
| Initiation of Refunds (Tentative) | Jul 30, 2024 | Jul 31, 2024 |
| Credit of Share (Tentative) | Jul 30, 2024 | Jul 31, 2024 |
| Listing date (Tentative) | Jul 31, 2024 | Aug 01, 2024 |
| Anchor Lockin End date 1 | Aug 28, 2024 | Aug 29, 2024 |
| Anchor Lockin End date 2 | Oct 27, 2024 | Oct 28, 2024 |
Chetana Education IPO P/E ratio is 10.59, as compared to Trom Industries IPO P/E ratio of 12.98.
| Chetana Education IPO | Trom Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Chetana Education Limited Financial Information (Restated Standalone)Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.
| Trom Industries Limited Financial Information (Restated)Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 98.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 69.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.59 | 12.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹173.40 Cr. | ₹105.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 50.08% | 77.82% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.87% | 47.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.02 | ₹8.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.67% | 77.82% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in Trom Industries IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 5,18,400 shares in Trom Industries IPO.
| Chetana Education IPO | Trom Industries IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,36,000 shares | 7,76,400 shares |
| Market Maker Reserveration | 2,73,600 shares | 1,36,800 shares |
| QIB | 10,25,600 shares | 5,18,400 shares |
| NII | 7,69,600 shares | 3,88,800 shares |
| RII | 17,95,200 shares | 9,07,200 shares |
| Employee | ||
| Others | ||
| Total | 51,26,400 shares | 25,90,800 shares |
Chetana Education IPO subscribed 196.87x in total, whereas Trom Industries IPO subscribed 459.00x.
| Chetana Education IPO | Trom Industries IPO | |
|---|---|---|
| QIB (times) | 101.22x | 197.07x |
| NII (times) | 468.42x | 751.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 135.11x | 483.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 196.87x | 459.00x |
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