Comparison between Shelter Pharma IPO and Zeal Global Services IPO.
IPO Details
Shelter Pharma IPO is a SME Fixed Price IPO proposed to list at BSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Shelter Pharma IPO is up to ₹15.22 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Shelter Pharma IPO is ₹42.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
IPO Timetable
Shelter Pharma IPO opens on Aug 10, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Shelter Pharma IPO and Zeal Global Services IPO is Aug 14, 2023, and Aug 01, 2023, respectively.
| | Shelter Pharma IPO | Zeal Global Services IPO |
|---|
| Issue Open | Aug 10, 2023 | Jul 28, 2023 |
| Issue Close | Aug 14, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 18, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 21, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 22, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 23, 2023 | Aug 09, 2023 |
Financials & KPIs
Shelter Pharma IPO P/E ratio is 5.62, as compared to Zeal Global Services IPO P/E ratio of 13.83.
Shares Offered
In the Shelter Pharma IPO Retail Individual Investors (RII) are offered 18,12,000 shares while in Zeal Global Services IPO retail investors are offered 18,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Shelter Pharma IPO and in Zeal Global Services IPO.
| | Shelter Pharma IPO | Zeal Global Services IPO |
|---|
| Market Maker Reservation | 1,92,000 shares | 1,77,600 shares |
| NII | 18,12,000 shares | 16,80,000 shares |
| RII | 18,12,000 shares | 16,82,400 shares |
| Total | 36,24,000 shares | 33,62,400 shares |
Bids Received (Subscription)
Shelter Pharma IPO subscribed 14.43x in total, whereas Zeal Global Services IPO subscribed 4.05x.
