Comparison between Shivam Chemicals IPO and Varyaa Creations IPO.
Shivam Chemicals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Varyaa Creations IPO is a SME Fixed Price proposed to list at BSE SME.
| Shivam Chemicals IPO | Varyaa Creations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Svcm Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shivam Chemicals IPO is up to ₹19.17 Cr whereas the issue size of the Varyaa Creations IPO is up to ₹19.05 Cr. The final issue price of Shivam Chemicals IPO is ₹44.00 per share and of Varyaa Creations IPO is ₹150.00 per share.
| Shivam Chemicals IPO | Varyaa Creations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹44.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 43,56,000 shares | 12,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.17 Cr | up to ₹19.05 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 | 43,56,000 shares | 12,70,000 shares |
| Issue Size Total (Amount) | up to ₹19.17 Cr | up to ₹19.05 Cr |
Shivam Chemicals IPO opens on Apr 23, 2024, while Varyaa Creations IPO opens on Apr 22, 2024. The closing date of Shivam Chemicals IPO and Varyaa Creations IPO is Apr 25, 2024, and Apr 25, 2024, respectively.
| Shivam Chemicals IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 23, 2024 | Apr 22, 2024 |
| Issue Close | Apr 25, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | Apr 26, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | Apr 29, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | Apr 29, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | Apr 30, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Shivam Chemicals IPO P/E ratio is 15.26, as compared to Varyaa Creations IPO P/E ratio of 65.56.
| Shivam Chemicals IPO | Varyaa Creations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Shivam Chemicals Limited Financial Information (Restated Consolidated)
| Varyaa Creations Limited Financial Information (Restated)Varyaa Creations Limited's revenue increased by 112.55% and profit after tax (PAT) rose by 36.13% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.00 | 72.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.26 | 65.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹74.74 Cr. | ₹71.85 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.13% | 85.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.19% | 114.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.88 | ₹2.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.06% | 85.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shivam Chemicals IPO Retail Individual Investors (RII) are offered 21,78,000 shares while in Varyaa Creations IPO retail investors are offered 21,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Shivam Chemicals IPO and in Varyaa Creations IPO.
| Shivam Chemicals IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,31,000 shares | 70,000 shares |
| QIB | ||
| NII | 21,78,000 shares | 6,35,000 shares |
| RII | 21,78,000 shares | 6,35,000 shares |
| Employee | ||
| Others | ||
| Total | 43,56,000 shares | 12,70,000 shares |
Shivam Chemicals IPO subscribed 6.61x in total, whereas Varyaa Creations IPO subscribed 3.59x.
| Shivam Chemicals IPO | Varyaa Creations IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.33x | 1.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.88x | 6.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.61x | 3.59x |
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