Indian Emulsifier IPO vs Premier Roadlines IPO

Comparision between Indian Emulsifier IPO and Premier Roadlines IPO.

IPO Details

Indian Emulsifier IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Premier Roadlines IPO is a SME Book Built Issue proposed to list at NSE SME.

	Indian Emulsifier IPO	Premier Roadlines IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Ekadrisht Capital Private Limited	Hem Securities Limited
Registrar	Maashitla Securities Private Limited	Maashitla Securities Private Limited
Market Maker	Ss Corporate Securities Limited	Hem Finlease Private 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 Indian Emulsifier IPO is up to ₹42.39 Cr whereas the issue size of the Premier Roadlines IPO is up to ₹40.36 Cr. The final issue price of Indian Emulsifier IPO is ₹132.00 per share and of Premier Roadlines IPO is ₹67.00 per share.

	Indian Emulsifier IPO	Premier Roadlines IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹125.00 per share	₹63.00 per share
Issue Price (Upper)	₹132.00 per share	₹67.00 per share
Issue Price (Final)	₹132.00 per share	₹67.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	32,11,000 shares	60,24,000 shares
Fresh Issue Size (Amount)	up to ₹42.39 Cr	up to ₹40.36 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,11,000 shares	60,24,000 shares
Issue Size Total (Amount)	up to ₹42.39 Cr	up to ₹40.36 Cr

IPO Timetable

Indian Emulsifier IPO opens on May 13, 2024, while Premier Roadlines IPO opens on May 10, 2024. The closing date of Indian Emulsifier IPO and Premier Roadlines IPO is May 16, 2024, and May 14, 2024, respectively.

	Indian Emulsifier IPO	Premier Roadlines IPO
Anchor Bid Date	May 10, 2024	May 09, 2024
Issue Open	May 13, 2024	May 10, 2024
Issue Close	May 16, 2024	May 14, 2024
Basis Of Allotment (Tentative)	May 17, 2024	May 15, 2024
Initiation of Refunds (Tentative)	May 21, 2024	May 16, 2024
Credit of Share (Tentative)	May 21, 2024	May 16, 2024
Listing date (Tentative)	May 22, 2024	May 17, 2024
Anchor Lockin End date 1	Jun 16, 2024	Jun 14, 2024
Anchor Lockin End date 2	Aug 15, 2024	Aug 13, 2024

Financials

Indian Emulsifier IPO P/E ratio is 30.54, as compared to Premier Roadlines IPO P/E ratio of 15.7.

Indian Emulsifier IPO

Premier Roadlines IPO

Financial

Indian Emulsifier Limited Financial Information (Restated Standalone)

Indian Emulsifier Limited's revenue increased by 132.9% and profit after tax (PAT) rose by 8935.73% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,176.63	3,432.26	1,910.22	59.72
Revenue	4,870.16	4,118.35	1,768.31
Profit After Tax	675.01	389.44	4.31	-0.37
Net Worth	2,636.35	1,204.35	814.94	0.63
Reserves and Surplus	1,735.22	393.34	3.93	-0.37
Total Borrowing	2,244.45	2,030.44	1,068.54	58.91
Amount in ₹ Lakhs

Premier Roadlines Limited Financial Information (Restated Standalone)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,699.12	7,410.76	5,144.62	4,578.82
Revenue	17,420.71	19,205.60	13,868.81	9,415.78
Profit After Tax	874.67	718.50	388.60	155.39
Net Worth	3,577.83	2,703.17	1,984.67	1,596.07
Reserves and Surplus	1,893.98	2,550.09	1,831.59	1,442.99
Total Borrowing	3,707.93	3,677.26	2,354.82	2,379.01
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

65.25%

100.00%

Promoter Shareholding (Post-Issue)

48.11%

73.65%

P/E Ratio

30.54

15.7

Market Cap

₹161.33 Cr.

₹153.18 Cr.

ROE

25.61%%

27.85%%

ROCE

38.03%%

20.05%%

Debt/Equity

0.51

1.04

EPS

₹4.32

₹4.27

RoNW

25.60%%

24.45%%

Shares Offered

In the Indian Emulsifier IPO retail investors (RII) are offered 10,70,000 shares while in Premier Roadlines IPO retail investors are offered 10,70,000 shares. Qualified institutional buyers (QIB) are offered 6,10,000 shares in Indian Emulsifier IPO and 11,44,000 shares in Premier Roadlines IPO.

	Indian Emulsifier IPO	Premier Roadlines IPO
Anchor Investor Reserveration	9,10,000 shares	17,14,000 shares
Market Maker Reserveration	1,61,000 shares	3,04,000 shares
QIB	6,10,000 shares	11,44,000 shares
NII	4,60,000 shares	8,58,000 shares
RII	10,70,000 shares	20,04,000 shares
Employee	0 shares	0 shares
Others
Total	21,40,000 shares	40,06,000 shares

Bids Received (Subscription)

Indian Emulsifier IPO subscribed 460.07x in total, whereas Premier Roadlines IPO subscribed 117.57x.

	Indian Emulsifier IPO	Premier Roadlines IPO
QIB (times)	175.95x	89.95x
NII (times)	779.63x	180.25x
Big NII (times)
Small NII (times)
RII (times)	484.66x	106.50x
Employee (times)
Other (times)
Total (times)	460.07x	117.57x

Compare with others

Indian Emulsifier IPO	Premier Roadlines IPO
Hariom Atta & Spices IPO	Quest Laboratories IPO
Rulka Electricals IPO	Piotex Industries IPO
Quest Laboratories IPO	Veritaas Advertising IPO
Piotex Industries IPO	Indian Emulsifier IPO
Veritaas Advertising IPO	Aztec Fluids & Machinery IPO
Aztec Fluids & Machinery IPO	Silkflex Polymers IPO
Premier Roadlines IPO	Energy Mission Machineries IPO
Silkflex Polymers IPO	TGIF Agribusiness IPO
Energy Mission Machineries IPO	Refractory Shapes IPO
TGIF Agribusiness IPO	Winsol Engineers IPO

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