Agarwal Float Glass India IPO vs Shera Energy IPO

Comparision between Agarwal Float Glass India IPO and Shera Energy IPO.

IPO Details

Agarwal Float Glass India IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shera Energy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Agarwal Float Glass India IPO	Shera Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Holani Consultants Private Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Smc Global Securities Ltd.	Holani Consultants Private Limited
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 Agarwal Float Glass India IPO is up to ₹9.20 Cr whereas the issue size of the Shera Energy IPO is up to ₹35.20 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Shera Energy IPO is ₹57.00 per share.

	Agarwal Float Glass India IPO	Shera Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹55.00 per share
Issue Price (Upper)		₹57.00 per share
Issue Price (Final)	₹42.00 per share	₹57.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	21,90,000 shares	10,48,000 shares
Fresh Issue Size (Amount)	up to ₹9.20 Cr	up to ₹5.97 Cr
OFS Issue Size		51,28,000 shares
OFS Issue Size (Amount)		up to ₹29.23 Cr
Issue Size Total	21,90,000 shares	61,76,000 shares
Issue Size Total (Amount)	up to ₹9.20 Cr	up to ₹35.20 Cr

IPO Timetable

Agarwal Float Glass India IPO opens on Feb 10, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Agarwal Float Glass India IPO and Shera Energy IPO is Feb 15, 2023, and Feb 09, 2023, respectively.

	Agarwal Float Glass India IPO	Shera Energy IPO
Anchor Bid Date		Feb 06, 2023
Issue Open	Feb 10, 2023	Feb 07, 2023
Issue Close	Feb 15, 2023	Feb 09, 2023
Basis Of Allotment (Tentative)	Feb 20, 2023	Feb 14, 2023
Initiation of Refunds (Tentative)	Feb 21, 2023	Feb 15, 2023
Credit of Share (Tentative)	Feb 22, 2023	Feb 16, 2023
Listing date (Tentative)	Feb 23, 2023	Feb 17, 2023
Anchor Lockin End date 1	Mar 22, 2023	Mar 16, 2023
Anchor Lockin End date 2	May 21, 2023	May 15, 2023

Financials

Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Shera Energy IPO P/E ratio of 15.16.

Agarwal Float Glass India IPO

Shera Energy IPO

Financial

Agarwal Float Glass India Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,767.31	3,227.43	8.83	201.30	-0.84	1,120.38
31-Mar-21	1,811.87	3,188.13	24.73	226.02	23.88	1,175.30
31-Mar-22	1,761.79	4,216.91	101.68	327.68	125.54	1,141.78
30-Sep-22	2,177.31	2,369.04	267.75	595.43	393.29	1,167.91
Amount in ₹ Lakhs

Shera Energy Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	27,731.94	42,619.14	361.43	5,624.34	11,062.67
31-Mar-21	29,315.64	42,271.92	502.67	6,075.60	10,542.28
31-Mar-22	32,523.73	52,458.21	699.50	6,673.35	11,812.67
30-Sep-22	33,832.97	33,953.72	428.25	7,054.88	11,437.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

66.57%

Promoter Shareholding (Post-Issue)

69.77%

63.51%

P/E Ratio

5.68

15.16

Market Cap

₹30.42 Cr.

₹129.89 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Agarwal Float Glass India IPO retail investors (RII) are offered 10,38,000 shares while in Shera Energy IPO retail investors are offered 10,38,000 shares. Qualified institutional buyers (QIB) are offered in Agarwal Float Glass India IPO and 25,06,000 shares in Shera Energy IPO.

	Agarwal Float Glass India IPO	Shera Energy IPO
Anchor Investor Reserveration		15,00,000 shares
Market Maker Reserveration	1,14,000 shares	4,00,000 shares
QIB		25,06,000 shares
NII	10,38,000 shares	8,20,000 shares
RII	10,38,000 shares	18,50,000 shares
Employee		6,00,000 shares
Others
Total	20,76,000 shares	57,76,000 shares

Bids Received (Subscription)

Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Shera Energy IPO subscribed 47.36x.

	Agarwal Float Glass India IPO	Shera Energy IPO
QIB (times)		8.73x
NII (times)	3.13x	190.12x
Big NII (times)
Small NII (times)
RII (times)	7.20x	51.30x
Employee (times)		1.46x
Other (times)
Total (times)	5.16x	47.36x

Compare with others

Agarwal Float Glass India IPO	Shera Energy IPO
ITCONS E-Solutions IPO	Viaz Tyres IPO
Viaz Tyres IPO	Patron Exim IPO
Patron Exim IPO	Lead Reclaim and Rubber Products IPO
Lead Reclaim and Rubber Products IPO	Indong Tea Company IPO
Indong Tea Company IPO	Agarwal Float Glass India IPO
Shera Energy IPO	Gayatri Rubbers and Chemicals IPO
Gayatri Rubbers and Chemicals IPO	Earthstahl & Alloys IPO
Earthstahl & Alloys IPO	Transvoy Logistics India IPO
Transvoy Logistics India IPO	DHARNI Capital Services IPO
DHARNI Capital Services IPO	Aristo Bio-Tech and Lifescience IPO

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