Arrowhead Seperation Engineering IPO vs Baba Food Processing IPO

Comparision between Arrowhead Seperation Engineering IPO and Baba Food Processing IPO.

IPO Details

Arrowhead Seperation Engineering IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Baba Food Processing IPO is a SME Book Built Issue proposed to list at NSE SME.

	Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Horizon Management Private Limited
Registrar	Cameo Corporate Services Limited	Mas Services Limited
Market Maker	Aryaman Capital Markets Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arrowhead Seperation Engineering IPO is up to ₹13.00 Cr whereas the issue size of the Baba Food Processing IPO is up to ₹33.00 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Baba Food Processing IPO is ₹76.00 per share.

	Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹72.00 per share
Issue Price (Upper)		₹76.00 per share
Issue Price (Final)	₹233.00 per share	₹76.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1600 shares
Fresh Issue Size	5,58,000 shares	43,42,105 shares
Fresh Issue Size (Amount)	up to ₹13.00 Cr	up to ₹33.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	5,58,000 shares	43,42,105 shares
Issue Size Total (Amount)	up to ₹13.00 Cr	up to ₹33.00 Cr

IPO Timetable

Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Baba Food Processing IPO opens on Nov 03, 2023. The closing date of Arrowhead Seperation Engineering IPO and Baba Food Processing IPO is Nov 20, 2023, and Nov 07, 2023, respectively.

	Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
Anchor Bid Date
Issue Open	Nov 16, 2023	Nov 03, 2023
Issue Close	Nov 20, 2023	Nov 07, 2023
Basis Of Allotment (Tentative)	Nov 23, 2023	Nov 10, 2023
Initiation of Refunds (Tentative)	Nov 24, 2023	Nov 13, 2023
Credit of Share (Tentative)	Nov 28, 2023	Nov 15, 2023
Listing date (Tentative)	Nov 28, 2023	Nov 15, 2023
Anchor Lockin End date 1	Dec 23, 2023	Dec 10, 2023
Anchor Lockin End date 2	Feb 21, 2024	Feb 08, 2024

Financials

Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Baba Food Processing IPO P/E ratio of .

Arrowhead Seperation Engineering IPO

Baba Food Processing IPO

Financial

Arrowhead Seperation Engineering Limited Financial Information (Restated)

Arrowhead Seperation Engineering Limited's revenue increased by 98.91% and profit after tax (PAT) rose by 1744.93% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,180.62	2,070.53	1,832.23	1,567.43
Revenue	881.71	2,171.57	1,091.73	916.63
Profit After Tax	64.34	169.18	9.17	-179.19
Net Worth	310.41	246.07	77.26	68.09
Reserves and Surplus	179.08	114.74	-3.56	-12.73
Total Borrowing	896.02	812.67	699.45	600.59
Amount in ₹ Lakhs

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,980.33	6,811.54	5,467.80	4,583.95
Revenue	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

50%

99.99

Promoter Shareholding (Post-Issue)

35.09%

P/E Ratio

18.09

Market Cap

₹43.60 Cr.

₹124.20 Cr.

ROE

105%%

20.14%%

ROCE

30.94%%

15.81%%

Debt/Equity

3.3

EPS

₹12.88

₹4.20

RoNW

68.75%%

20.14%%

Shares Offered

In the Arrowhead Seperation Engineering IPO retail investors (RII) are offered 2,64,000 shares while in Baba Food Processing IPO retail investors are offered 2,64,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arrowhead Seperation Engineering IPO and 80,000 shares in Baba Food Processing IPO.

	Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
Anchor Investor Reserveration
Market Maker Reserveration	30,000 shares	2,17,600 shares
QIB	0 shares	80,000 shares
NII	2,64,000 shares	11,93,600 shares
RII	2,64,000 shares	28,35,200 shares
Employee	0 shares	0 shares
Others
Total	5,28,000 shares	41,08,800 shares

Bids Received (Subscription)

Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Baba Food Processing IPO subscribed 69.44x.

	Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
QIB (times)		147.02x
NII (times)	46.02x	84.73x
Big NII (times)
Small NII (times)
RII (times)	142.30x	60.82x
Employee (times)
Other (times)
Total (times)	94.79x	69.44x

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Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
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Baba Food Processing IPO	KK Shah Hospitals IPO

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