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Shivalic Power Control IPO vs Visaman Global Sales IPO

Comparison between Shivalic Power Control IPO and Visaman Global Sales IPO.

IPO Details

Shivalic Power Control IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price proposed to list at NSE SME.

 Shivalic Power Control IPOVisaman Global Sales IPO
LogoShivalic Power Control IPO LogoVisaman Global Sales IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersCorporate Capitalventures Pvt.Ltd.Shreni Shares Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.Shreni Shares 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 Shivalic Power Control IPO is up to ₹60.96 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Shivalic Power Control IPO is ₹100.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

 Shivalic Power Control IPOVisaman Global Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares3000 shares
Fresh Issue Size60,96,000 shares35,40,000 shares
Fresh Issue Size (Amount)up to ₹60.96 Crup to ₹15.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total60,96,000 shares35,40,000 shares
Issue Size Total (Amount)up to ₹60.96 Crup to ₹15.22 Cr

IPO Timetable

Shivalic Power Control IPO opens on Jun 24, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Shivalic Power Control IPO and Visaman Global Sales IPO is Jun 26, 2024, and Jun 26, 2024, respectively.

 Shivalic Power Control IPOVisaman Global Sales IPO
Anchor Bid DateJun 21, 2024
Issue OpenJun 24, 2024Jun 24, 2024
Issue CloseJun 26, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jun 27, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jun 28, 2024Jun 28, 2024
Credit of Share (Tentative)Jun 28, 2024Jun 28, 2024
Listing date (Tentative)Jul 01, 2024Jul 01, 2024
Anchor Lockin End date 1Jul 27, 2024
Anchor Lockin End date 2Sep 25, 2024

Financials & KPIs

Shivalic Power Control IPO P/E ratio is 24.69, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

 Shivalic Power Control IPOVisaman Global Sales IPO
Financials

Shivalic Power Control Limited Financial Information (Restated)

Shivalic Power Control Limited's revenue increased by 44.03% and profit after tax (PAT) rose by 309.78% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets7,814.355,827.006,097.564,869.44
Total Income6,379.168,269.395,741.445,238.00
Profit After Tax760.11716.26174.7967.28
Net Worth3,063.442,303.331,587.071,412.28
Reserves and Surplus3,110.222,350.111,633.851,459.05
Total Borrowing3,328.94899.922,722.652,393.66
Amount in ₹ Lakhs

Visaman Global Sales Limited Financial Information (Restated)

Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,001.695,863.953,982.422,727.20
Total Income20,691.3937,605.0132,407.2913,636.19
Profit After Tax101.61113.3394.6633.47
Net Worth1,095.31993.70660.38565.72
Reserves and Surplus395.31293.70180.3885.72
Total Borrowing5,690.854,345.691,386.10710.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.63100.00
Promoter Shareholding (Post-Issue)70.8672.98
P/E Ratio24.6938.25
Market Cap₹241.16 Cr.₹59.39 Cr.
ROE28.33%9.28%
ROCE19.20%8.02%
Debt/Equity1.095.20
EPS₹4.05₹1.12
RoNW28.33%9.28%

Shares Offered

In the Shivalic Power Control IPO Retail Individual Investors (RII) are offered 21,33,600 shares while in Visaman Global Sales IPO retail investors are offered 21,33,600 shares. Qualified Institutional Buyers (QIB) are offered 12,19,200 shares in Shivalic Power Control IPO and in Visaman Global Sales IPO.

 Shivalic Power Control IPOVisaman Global Sales IPO
Anchor Investor Reserveration18,28,800 shares
Market Maker Reserveration3,36,000 shares1,92,000 shares
QIB12,19,200 shares
NII9,14,400 shares17,70,000 shares
RII21,33,600 shares17,70,000 shares
Employee
Others
Total60,96,000 shares35,40,000 shares

Bids Received (Subscription)

Shivalic Power Control IPO subscribed 257.24x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

 Shivalic Power Control IPOVisaman Global Sales IPO
QIB (times)170.32x
NII (times)436.37x28.12x
Big NII (times)
Small NII (times)
RII (times)230.14x51.54x
Employee (times)
Other (times)
Total (times)257.24x42.20x