Arrowhead Seperation Engineering IPO vs Deepak Chemtex IPO

Comparision between Arrowhead Seperation Engineering IPO and Deepak Chemtex IPO.

IPO Details

Arrowhead Seperation Engineering IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Deepak Chemtex IPO is a SME Book Built Issue proposed to list at BSE SME.

	Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Aryaman Capital Markets Limited	Hem Finlease 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 Arrowhead Seperation Engineering IPO is up to ₹13.00 Cr whereas the issue size of the Deepak Chemtex IPO is up to ₹23.04 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Deepak Chemtex IPO is ₹80.00 per share.

	Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹76.00 per share
Issue Price (Upper)		₹80.00 per share
Issue Price (Final)	₹233.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1600 shares
Fresh Issue Size	5,58,000 shares	28,80,000 shares
Fresh Issue Size (Amount)	up to ₹13.00 Cr	up to ₹23.04 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	5,58,000 shares	28,80,000 shares
Issue Size Total (Amount)	up to ₹13.00 Cr	up to ₹23.04 Cr

IPO Timetable

Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Deepak Chemtex IPO opens on Nov 29, 2023. The closing date of Arrowhead Seperation Engineering IPO and Deepak Chemtex IPO is Nov 20, 2023, and Dec 01, 2023, respectively.

	Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
Anchor Bid Date		Nov 28, 2023
Issue Open	Nov 16, 2023	Nov 29, 2023
Issue Close	Nov 20, 2023	Dec 01, 2023
Basis Of Allotment (Tentative)	Nov 23, 2023	Dec 06, 2023
Initiation of Refunds (Tentative)	Nov 24, 2023	Dec 07, 2023
Credit of Share (Tentative)	Nov 28, 2023	Dec 08, 2023
Listing date (Tentative)	Nov 28, 2023	Dec 06, 2023
Anchor Lockin End date 1	Dec 23, 2023	Jan 05, 2024
Anchor Lockin End date 2	Feb 21, 2024	Mar 05, 2024

Financials

Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Deepak Chemtex IPO P/E ratio of 10.14.

Arrowhead Seperation Engineering IPO

Deepak Chemtex 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

Deepak Chemtex Limited Financial Information (Restated Consolidated)

Deepak Chemtex Limited's revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022
Assets	2,820.64	2,382.32	1,715.17
Revenue	2,212.95	4,783.72	5,443.68
Profit After Tax	311.18	631.02	423.10
Net Worth	1,879.90	1,568.88	938.43
Reserves and Surplus	1,081.50	1,518.98	888.53
Total Borrowing	120.78	136.80	199.49
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

50%

99.40%

Promoter Shareholding (Post-Issue)

35.09%

73.05%

P/E Ratio

18.09

10.14

Market Cap

₹43.60 Cr.

₹86.91 Cr.

ROE

105%%

50.27%%

ROCE

30.94%%

49.65%%

Debt/Equity

3.3

0.09

EPS

₹12.88

₹7.89

RoNW

68.75%%

40.17%%

Shares Offered

In the Arrowhead Seperation Engineering IPO retail investors (RII) are offered 2,64,000 shares while in Deepak Chemtex IPO retail investors are offered 2,64,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arrowhead Seperation Engineering IPO and 5,47,200 shares in Deepak Chemtex IPO.

	Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
Anchor Investor Reserveration		8,17,600 shares
Market Maker Reserveration	30,000 shares	1,47,200 shares
QIB	0 shares	5,47,200 shares
NII	2,64,000 shares	4,11,200 shares
RII	2,64,000 shares	9,56,800 shares
Employee	0 shares	0 shares
Others
Total	5,28,000 shares	19,15,200 shares

Bids Received (Subscription)

Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Deepak Chemtex IPO subscribed 403.03x.

	Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
QIB (times)		96.80x
NII (times)	46.02x	642.25x
Big NII (times)
Small NII (times)
RII (times)	142.30x	475.36x
Employee (times)
Other (times)
Total (times)	94.79x	403.03x

Compare with others

Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
AMIC Forging IPO	Marinetrans India IPO
Net Avenue Technologies IPO	Shanti Spintex IPO
Deepak Chemtex IPO	Graphisads IPO
Swashthik Plascon IPO	AMIC Forging IPO
Rockingdeals Circular Economy IPO	Net Avenue Technologies IPO
Kalyani Cast Tech IPO	Swashthik Plascon IPO
ROX Hi-Tech IPO	Rockingdeals Circular Economy IPO
Sunrest Lifescience IPO	Arrowhead Seperation Engineering IPO
Sheetal Universal IPO	Kalyani Cast Tech IPO
Baba Food Processing IPO	ROX Hi-Tech IPO

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