Freshara Agro Exports IPO vs Shiv Texchem IPO

Comparision between Freshara Agro Exports IPO and Shiv Texchem IPO.

IPO Details

Freshara Agro Exports IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shiv Texchem IPO is a SME Book Built Issue proposed to list at BSE SME.

	Freshara Agro Exports IPO	Shiv Texchem IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	GYR Capital Advisors Private Limited	Vivro Financial Services Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Link Intime India Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Freshara Agro Exports IPO is up to ₹75.39 Cr whereas the issue size of the Shiv Texchem IPO is up to ₹101.35 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of Shiv Texchem IPO is ₹166.00 per share.

	Freshara Agro Exports IPO	Shiv Texchem IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹110.00 per share	₹158.00 per share
Issue Price (Upper)	₹116.00 per share	₹166.00 per share
Issue Price (Final)	₹116.00 per share	₹166.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	800 shares
Fresh Issue Size	64,99,200 shares	61,05,600 shares
Fresh Issue Size (Amount)	up to ₹75.39 Cr	up to ₹101.35 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,99,200 shares	61,05,600 shares
Issue Size Total (Amount)	up to ₹75.39 Cr	up to ₹101.35 Cr

IPO Timetable

Freshara Agro Exports IPO opens on Oct 17, 2024, while Shiv Texchem IPO opens on Oct 08, 2024. The closing date of Freshara Agro Exports IPO and Shiv Texchem IPO is Oct 21, 2024, and Oct 10, 2024, respectively.

	Freshara Agro Exports IPO	Shiv Texchem IPO
Anchor Bid Date	Oct 16, 2024	Oct 07, 2024
Issue Open	Oct 17, 2024	Oct 08, 2024
Issue Close	Oct 21, 2024	Oct 10, 2024
Basis Of Allotment (Tentative)	Oct 22, 2024	Oct 11, 2024
Initiation of Refunds (Tentative)	Oct 23, 2024	Oct 14, 2024
Credit of Share (Tentative)	Oct 23, 2024	Oct 14, 2024
Listing date (Tentative)	Oct 24, 2024	Oct 15, 2024
Anchor Lockin End date 1	Nov 21, 2024	Nov 10, 2024
Anchor Lockin End date 2	Jan 20, 2025	Jan 09, 2025

Financials

Freshara Agro Exports IPO P/E ratio is 9.04, as compared to Shiv Texchem IPO P/E ratio of 8.02.

Freshara Agro Exports IPO

Shiv Texchem IPO

Financial

Freshara Agro Exports Limited Financial Information (Restated)

Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	16,599.73	16,657.8	8,490.64	5,887.64
Revenue	10,746.11	19,819.58	12,700.22	11,840.68
Profit After Tax	1,137.81	2,182.41	908.2	97.36
Net Worth	3,834.58	2,696.77	1,855.49	931.58
Reserves and Surplus	2,134.58	996.77
Total Borrowing	10,625.22	10,755.98	4,173.89	3,479.1
Amount in ₹ Lakhs

Shiv Texchem Limited Financial Information (Restated)

Shiv Texchem Limited's revenue increased by 37% and profit after tax (PAT) rose by 88% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	85,483.43	79,868.05	60,234.98	42,543.57
Revenue	56,707.83	1,53,668.79	1,11,866.98	86,547.46
Profit After Tax	1,005.89	3,011.3	1,602.72	1,386.48
Net Worth	20,293.58	19,287.69	12,276.39	10,673.68
Reserves and Surplus	20,080.25	19,074.36	12,116.39	10,513.68
Total Borrowing	27,085.63	29,665.25	32,914.39	12,034.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.50%

100.00%

Promoter Shareholding (Post-Issue)

P/E Ratio

9.04

8.02

Market Cap

₹272.59 Cr.

₹384.66 Cr.

ROE

19.08%%

ROCE

12.31%%

26.99%%

Debt/Equity

2.77

1.54

EPS

₹12.84

₹165.42

RoNW

29.67%%

19.08%%

Shares Offered

In the Freshara Agro Exports IPO retail investors (RII) are offered 20,59,200 shares while in Shiv Texchem IPO retail investors are offered 20,59,200 shares. Qualified institutional buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 11,60,000 shares in Shiv Texchem IPO.

	Freshara Agro Exports IPO	Shiv Texchem IPO
Anchor Investor Reserveration	17,61,600 shares	17,39,200 shares
Market Maker Reserveration	6,19,200 shares	3,05,600 shares
QIB	11,76,000 shares	11,60,000 shares
NII	8,83,200 shares	8,70,400 shares
RII	20,59,200 shares	20,30,400 shares
Employee	0 shares	0 shares
Others
Total	41,18,400 shares	40,60,800 shares

Bids Received (Subscription)

Freshara Agro Exports IPO subscribed 236.80x in total, whereas Shiv Texchem IPO subscribed 156.55x.

	Freshara Agro Exports IPO	Shiv Texchem IPO
QIB (times)	129.22x	86.70x
NII (times)	510.61x	455.58x
Big NII (times)
Small NII (times)
RII (times)	180.80x	68.27x
Employee (times)
Other (times)
Total (times)	236.80x	156.55x

Compare with others

Freshara Agro Exports IPO	Shiv Texchem IPO
OBSC Perfection IPO	Premium Plast IPO
United Heat Transfer IPO	Usha Financial Services IPO
Danish Power IPO	Freshara Agro Exports IPO
Premium Plast IPO	Lakshya Powertech IPO
Usha Financial Services IPO	Pranik Logistics IPO
Lakshya Powertech IPO	Khyati Global Ventures IPO
Pranik Logistics IPO	NeoPolitan Pizza and Foods IPO
Shiv Texchem IPO	Subam Papers IPO
Khyati Global Ventures IPO	Paramount Dye Tec IPO
NeoPolitan Pizza and Foods IPO	HVAX Technologies IPO

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