Comparison between Shri Techtex IPO and Zeal Global Services IPO.
Shri Techtex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
| Shri Techtex IPO | Zeal Global Services 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. | Expert Global Consultants Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shri Techtex IPO is up to ₹42.87 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Shri Techtex IPO is ₹61.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
| Shri Techtex IPO | Zeal Global Services 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 | ₹103.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 70,28,000 shares | 33,62,400 shares |
| Fresh Issue Size (Amount) | up to ₹42.87 Cr | up to ₹34.63 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 | 33,62,400 shares |
| Issue Size Total (Amount) | up to ₹42.87 Cr | up to ₹34.63 Cr |
Shri Techtex IPO opens on Jul 26, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Shri Techtex IPO and Zeal Global Services IPO is Jul 28, 2023, and Aug 01, 2023, respectively.
| Shri Techtex IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Bid Date | Jul 25, 2023 | |
| Issue Open | Jul 26, 2023 | Jul 28, 2023 |
| Issue Close | Jul 28, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 02, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 03, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 04, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 04, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 1 | Sep 01, 2023 | |
| Anchor Lockin End date 2 | Oct 31, 2023 |
Shri Techtex IPO P/E ratio is 16.71, as compared to Zeal Global Services IPO P/E ratio of 13.83.
| Shri Techtex IPO | Zeal Global Services IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.34 | 73.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.71 | 13.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹152.20 Cr. | ₹137.09 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.84 | 41.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.07 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.07 | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.19 | ₹8.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.54 | 56.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shri Techtex IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Zeal Global Services 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 Zeal Global Services IPO.
| Shri Techtex IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Investor Reservation | 21,00,000 shares | |
| Market Maker Reservation | 3,72,000 shares | 1,77,600 shares |
| QIB | 14,10,000 shares | |
| NII | 10,56,000 shares | 16,80,000 shares |
| RII | 24,62,000 shares | 16,82,400 shares |
| Employee | ||
| Others | ||
| Total | 70,28,000 shares | 33,62,400 shares |
Shri Techtex IPO subscribed 148.44x in total, whereas Zeal Global Services IPO subscribed 4.06x.
| Shri Techtex IPO | Zeal Global Services IPO | |
|---|---|---|
| QIB (times) | 58.03x | |
| NII (times) | 250.65x | 4.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 156.37x | 3.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 148.44x | 4.06x |
