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Premium Plast IPO vs United Heat Transfer IPO

Comparison between Premium Plast IPO and United Heat Transfer IPO.

IPO Details

Premium Plast IPO is a SME Bookbuilding IPO proposed to list at NSE SME while United Heat Transfer IPO is a SME Bookbuilding proposed to list at NSE SME.

 Premium Plast IPOUnited Heat Transfer IPO
LogoPremium Plast IPO LogoUnited Heat Transfer IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersKhandwala Securities Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerAsnani Stock Broker Pvt.Ltd.Swastika Investmart 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 Premium Plast IPO is up to ₹24.87 Cr whereas the issue size of the United Heat Transfer IPO is up to ₹28.49 Cr. The final issue price of Premium Plast IPO is ₹49.00 per share and of United Heat Transfer IPO is ₹59.00 per share.

 Premium Plast IPOUnited Heat Transfer IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹46.00 per share₹56.00 per share
Issue Price (Upper)₹49.00 per share₹59.00 per share
Issue Price (Final)₹49.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size50,76,000 shares48,28,000 shares
Fresh Issue Size (Amount)up to ₹24.87 Crup to ₹28.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,76,000 shares48,28,000 shares
Issue Size Total (Amount)up to ₹24.87 Crup to ₹28.49 Cr

IPO Timetable

Premium Plast IPO opens on Oct 21, 2024, while United Heat Transfer IPO opens on Oct 22, 2024. The closing date of Premium Plast IPO and United Heat Transfer IPO is Oct 23, 2024, and Oct 24, 2024, respectively.

 Premium Plast IPOUnited Heat Transfer IPO
Anchor Bid DateOct 21, 2024
Issue OpenOct 21, 2024Oct 22, 2024
Issue CloseOct 23, 2024Oct 24, 2024
Basis Of Allotment (Tentative)Oct 24, 2024Oct 25, 2024
Initiation of Refunds (Tentative)Oct 25, 2024Oct 28, 2024
Credit of Share (Tentative)Oct 25, 2024Oct 28, 2024
Listing date (Tentative)Oct 28, 2024Oct 29, 2024
Anchor Lockin End date 1Nov 23, 2024
Anchor Lockin End date 2Jan 22, 2025

Financials & KPIs

Premium Plast IPO P/E ratio is 14.11, as compared to United Heat Transfer IPO P/E ratio of 13.16.

 Premium Plast IPOUnited Heat Transfer IPO
Financials

Premium Plast Limited Financial Information (Restated Consolidated)

Premium Plast Limited's revenue increased by 6% and profit after tax (PAT) rose by 200% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets4,006.313,809.232,905.452,516.95
Total Income1,212.814,670.594,404.833,104.78
Profit After Tax141.16477.55159.3277.7
Net Worth2,216.671,652.511,174.961,015.64
Reserves and Surplus841.561,176.45698.91539.59
Total Borrowing506.84830.98505.35512.28
Amount in ₹ Lakhs

United Heat Transfer Limited Financial Information (Restated)

United Heat Transfer Limited's revenue decreased by -9% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,230.037,046.676,481.526,262.36
Total Income2,120.016,409.557,040.154,796.11
Profit After Tax242.53623.85211.54152.67
Net Worth2,865.242,037.711,413.861,202.32
Reserves and Surplus1,473.24762.71988.86777.32
Total Borrowing3,202.133,692.183,295.183,761.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.4591.59
Promoter Shareholding (Post-Issue)68.7367.09
P/E Ratio14.1113.16
Market Cap₹93.58 Cr.₹112.12 Cr.
ROE6.37%8.46%
ROCE7.88%10.79%
Debt/Equity1.12
EPS₹3.47₹4.48
RoNW6.37%8.46%

Shares Offered

In the Premium Plast IPO Retail Individual Investors (RII) are offered 22,83,000 shares while in United Heat Transfer IPO retail investors are offered 22,83,000 shares. Qualified Institutional Buyers (QIB) are offered 5,10,000 shares in Premium Plast IPO and 9,74,000 shares in United Heat Transfer IPO.

 Premium Plast IPOUnited Heat Transfer IPO
Anchor Investor Reserveration14,34,000 shares
Market Maker Reserveration2,70,000 shares2,56,000 shares
QIB5,10,000 shares9,74,000 shares
NII22,83,000 shares7,28,000 shares
RII22,83,000 shares16,92,000 shares
Employee
Others
Total50,76,000 shares48,28,000 shares

Bids Received (Subscription)

Premium Plast IPO subscribed 38.87x in total, whereas United Heat Transfer IPO subscribed 83.70x.

 Premium Plast IPOUnited Heat Transfer IPO
QIB (times)6.74x26.56x
NII (times)19.56x124.72x
Big NII (times)
Small NII (times)
RII (times)65.37x98.93x
Employee (times)
Other (times)
Total (times)38.87x83.70x