Earthstahl & Alloys IPO vs Lead Reclaim and Rubber Products IPO

Comparision between Earthstahl & Alloys IPO and Lead Reclaim and Rubber Products IPO.

IPO Details

Earthstahl & Alloys IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Lead Reclaim and Rubber Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Securities Ltd.	Svcm Securities Private 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 Earthstahl & Alloys IPO is up to ₹12.96 Cr whereas the issue size of the Lead Reclaim and Rubber Products IPO is up to ₹4.88 Cr. The final issue price of Earthstahl & Alloys IPO is ₹40.00 per share and of Lead Reclaim and Rubber Products IPO is ₹25.00 per share.

	Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹38.00 per share
Issue Price (Upper)	₹40.00 per share
Issue Price (Final)	₹40.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	6000 shares
Fresh Issue Size	32,40,000 shares	19,50,000 shares
Fresh Issue Size (Amount)	up to ₹12.96 Cr	up to ₹4.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,40,000 shares	19,50,000 shares
Issue Size Total (Amount)	up to ₹12.96 Cr	up to ₹4.88 Cr

IPO Timetable

Earthstahl & Alloys IPO opens on Jan 27, 2023, while Lead Reclaim and Rubber Products IPO opens on Feb 09, 2023. The closing date of Earthstahl & Alloys IPO and Lead Reclaim and Rubber Products IPO is Jan 31, 2023, and Feb 13, 2023, respectively.

	Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
Anchor Bid Date
Issue Open	Jan 27, 2023	Feb 09, 2023
Issue Close	Jan 31, 2023	Feb 13, 2023
Basis Of Allotment (Tentative)	Feb 03, 2023	Feb 16, 2023
Initiation of Refunds (Tentative)	Feb 06, 2023	Feb 17, 2023
Credit of Share (Tentative)	Feb 07, 2023	Feb 20, 2023
Listing date (Tentative)	Feb 08, 2023	Feb 21, 2023
Anchor Lockin End date 1	Mar 05, 2023	Mar 18, 2023
Anchor Lockin End date 2	May 04, 2023	May 17, 2023

Financials

Earthstahl & Alloys IPO P/E ratio is 4.22, as compared to Lead Reclaim and Rubber Products IPO P/E ratio of 25.77.

Earthstahl & Alloys IPO

Lead Reclaim and Rubber Products IPO

Financial

Earthstahl & Alloys Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,990.73	3,181.58	-33.49	44.24	200.22	1,733.71
31-Mar-21	2,817.23	2,457.53	267.31	311.55	467.53	1,396.82
31-Mar-22	3,592.61	4,907.54	745.48	1,057.03	1,213.01	1,399.97
30-Sep-22	4,303.34	4,824.68	580.47	1,637.50	1,793.48	1,092.93
Amount in ₹ Lakhs

Lead Reclaim and Rubber Products Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	532.45	483.67	36.36	17.47	-2.68	377.25
31-Mar-21	594.88	706.26	22.74	40.20	20.05	394.67
31-Mar-22	704.32	1,036.93	47.87	289.57	67.92	269.30
30-Sep-22	994.65	498.99	35.55	555.63	241.78	271.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

86.48%

Promoter Shareholding (Post-Issue)

73.53%

63.51%

P/E Ratio

4.22

25.77

Market Cap

₹48.96 Cr.

₹18.35 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Earthstahl & Alloys IPO retail investors (RII) are offered 10,77,000 shares while in Lead Reclaim and Rubber Products IPO retail investors are offered 10,77,000 shares. Qualified institutional buyers (QIB) are offered 9,18,000 shares in Earthstahl & Alloys IPO and in Lead Reclaim and Rubber Products IPO.

	Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,68,000 shares	1,02,000 shares
QIB	9,18,000 shares
NII	10,77,000 shares	9,24,000 shares
RII	10,77,000 shares	9,24,000 shares
Employee
Others
Total	30,72,000 shares	18,48,000 shares

Bids Received (Subscription)

Earthstahl & Alloys IPO subscribed 235.18x in total, whereas Lead Reclaim and Rubber Products IPO subscribed 75.98x.

	Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
QIB (times)	39.83x
NII (times)	445.09x	87.56x
Big NII (times)
Small NII (times)
RII (times)	191.77x	64.41x
Employee (times)
Other (times)
Total (times)	235.18x	75.98x

Compare with others

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

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