Shri Techtex IPO vs Yasons Chemex Care IPO

Comparison between Shri Techtex IPO and Yasons Chemex Care IPO.

IPO Details

Shri Techtex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Yasons Chemex Care IPO is a SME Fixed Price proposed to list at NSE SME.

	Shri Techtex IPO	Yasons Chemex Care IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Fedex Securities Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Sunflower Broking Pvt.Ltd.	Nikunj Stock Brokers 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 Shri Techtex IPO is up to ₹42.87 Cr whereas the issue size of the Yasons Chemex Care IPO is up to ₹19.49 Cr. The final issue price of Shri Techtex IPO is ₹61.00 per share and of Yasons Chemex Care IPO is ₹40.00 per share.

	Shri Techtex IPO	Yasons Chemex Care IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹54.00 per share
Issue Price (Upper)	₹61.00 per share
Issue Price (Final)	₹61.00 per share	₹40.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	70,28,000 shares	48,72,000 shares
Fresh Issue Size (Amount)	up to ₹42.87 Cr	up to ₹19.49 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	70,28,000 shares	48,72,000 shares
Issue Size Total (Amount)	up to ₹42.87 Cr	up to ₹19.49 Cr

IPO Timetable

Shri Techtex IPO opens on Jul 26, 2023, while Yasons Chemex Care IPO opens on Jul 24, 2023. The closing date of Shri Techtex IPO and Yasons Chemex Care IPO is Jul 28, 2023, and Jul 26, 2023, respectively.

	Shri Techtex IPO	Yasons Chemex Care IPO
Anchor Bid Date	Jul 25, 2023
Issue Open	Jul 26, 2023	Jul 24, 2023
Issue Close	Jul 28, 2023	Jul 26, 2023
Basis Of Allotment (Tentative)	Aug 02, 2023	Jul 31, 2023
Initiation of Refunds (Tentative)	Aug 03, 2023	Aug 01, 2023
Credit of Share (Tentative)	Aug 04, 2023	Aug 02, 2023
Listing date (Tentative)	Aug 04, 2023	Aug 03, 2023
Anchor Lockin End date 1	Sep 01, 2023
Anchor Lockin End date 2	Oct 31, 2023

Financials & KPIs

Shri Techtex IPO P/E ratio is 16.71, as compared to Yasons Chemex Care IPO P/E ratio of 22.47.

Shri Techtex IPO

Yasons Chemex Care IPO

Financials

Shri Techtex Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,766.65	1,625.73	447.23	808.49	588.04	488.05
31-Mar-21	4,652.15	4,021.58	1,265.68	2,075.69	1,853.72	1,498.66
31-Mar-22	5,282.41	5,182.15	826.56	2,099.47	1,875.99	2,451.57
31-Mar-23	7,386.45	5,807.58	910.63	2,981.50	1,256.61	3,188.98
Amount in ₹ Lakhs

Yasons Chemex Care Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2,058.07	1,961.55	115.51	1,407.14	46.16
31-Mar-21	2,558.26	1,804.79	125.35	1,532.94	269.04
31-Mar-22	2,779.28	2,617.01	195.41	1,728.57	281.40
31-Mar-23	2,758.59	4,100.64	343.16	2,072.04	346.40
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

70.16

Promoter Shareholding (Post-Issue)

70.34

51.47

P/E Ratio

16.71

22.47

Market Cap

₹152.20 Cr.

₹77.22 Cr.

ROE

35.84%

0.17

ROCE

20.07%

0.21

Debt/Equity

1.07

0.17

EPS

₹5.19

₹2.42

RoNW

30.54%

16.56%

Shares Offered

In the Shri Techtex IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Yasons Chemex Care IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 14,10,000 shares in Shri Techtex IPO and in Yasons Chemex Care IPO.

	Shri Techtex IPO	Yasons Chemex Care IPO
Anchor Investor Reserveration	21,00,000 shares
Market Maker Reserveration	3,72,000 shares	2,70,000 shares
QIB	14,10,000 shares
NII	10,56,000 shares	24,36,000 shares
RII	24,62,000 shares	24,36,000 shares
Employee
Others
Total	70,28,000 shares	48,72,000 shares

Bids Received (Subscription)

Shri Techtex IPO subscribed 148.44x in total, whereas Yasons Chemex Care IPO subscribed 59.60x.

	Shri Techtex IPO	Yasons Chemex Care IPO
QIB (times)	58.03x
NII (times)	250.65x	47.71x
Big NII (times)
Small NII (times)
RII (times)	156.37x	68.76x
Employee (times)
Other (times)
Total (times)	148.44x	59.60x

Compare with others

Shri Techtex IPO	Yasons Chemex Care IPO
Sangani Hospitals IPO	Zeal Global Services IPO
Yudiz Solutions IPO	Oriana Power IPO
Zeal Global Services IPO	Innovatus Entertainment Networks IPO
Oriana Power IPO	Shri Techtex IPO
Innovatus Entertainment Networks IPO	Vinsys IT IPO
Vinsys IT IPO	Committed Cargo Care IPO
Yasons Chemex Care IPO	Khazanchi Jewellers IPO
Committed Cargo Care IPO	Srivari Spices IPO
Khazanchi Jewellers IPO	Asarfi Hospital IPO
Srivari Spices IPO	Service Care IPO