Ideal Technoplast Industries IPO vs Indian Phosphate IPO

Comparision between Ideal Technoplast Industries IPO and Indian Phosphate IPO.

IPO Details

Ideal Technoplast Industries IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Indian Phosphate IPO is a SME Book Built Issue proposed to list at NSE SME.

	Ideal Technoplast Industries IPO	Indian Phosphate IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Swastika Investmart Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Sunflower Broking Private Limited	Spread X Securities 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 Ideal Technoplast Industries IPO is up to ₹16.03 Cr whereas the issue size of the Indian Phosphate IPO is up to ₹67.36 Cr. The final issue price of Ideal Technoplast Industries IPO is ₹121.00 per share and of Indian Phosphate IPO is ₹99.00 per share.

	Ideal Technoplast Industries IPO	Indian Phosphate IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹94.00 per share
Issue Price (Upper)		₹99.00 per share
Issue Price (Final)	₹121.00 per share	₹99.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	13,25,000 shares	68,04,000 shares
Fresh Issue Size (Amount)	up to ₹16.03 Cr	up to ₹67.36 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,25,000 shares	68,04,000 shares
Issue Size Total (Amount)	up to ₹16.03 Cr	up to ₹67.36 Cr

IPO Timetable

Ideal Technoplast Industries IPO opens on Aug 21, 2024, while Indian Phosphate IPO opens on Aug 26, 2024. The closing date of Ideal Technoplast Industries IPO and Indian Phosphate IPO is Aug 23, 2024, and Aug 29, 2024, respectively.

	Ideal Technoplast Industries IPO	Indian Phosphate IPO
Anchor Bid Date		Aug 23, 2024
Issue Open	Aug 21, 2024	Aug 26, 2024
Issue Close	Aug 23, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Aug 26, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Aug 27, 2024	Sep 02, 2024
Credit of Share (Tentative)	Aug 27, 2024	Sep 02, 2024
Listing date (Tentative)	Aug 28, 2024	Sep 03, 2024
Anchor Lockin End date 1		Sep 29, 2024
Anchor Lockin End date 2		Nov 28, 2024

Financials

Ideal Technoplast Industries IPO P/E ratio is 12.47, as compared to Indian Phosphate IPO P/E ratio of 14.88.

Ideal Technoplast Industries IPO

Indian Phosphate IPO

Financial

Ideal Technoplast Industries Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,508.51	978	356.78	300.86
Revenue	2,424.11	1,199.79	568.13	569.47
Profit After Tax	326.61	50.62	10.53	9.82
Net Worth	743.07	188.6	137.98	127.45
Reserves and Surplus	375.57	48.95	-1.67	-12.19
Total Borrowing	456.89	586.04	146.56	118.62
Amount in ₹ Lakhs

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	25,518.6	17,407.45	10,789.93	6,313.71
Revenue	71,757.81	77,093.2	55,838.56	41,501.81
Profit After Tax	1,210.21	1,659.53	1,616.61	509.44
Net Worth	8,099.06	6,751.8	5,092.27	3,475.66
Reserves and Surplus	6,280.56	6,480.37	4,820.84	3,204.23
Total Borrowing	4,023.17	1,535.48	1,830.58	434.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.50%

72.77%

P/E Ratio

12.47

14.88

Market Cap

₹60.50 Cr.

₹247.40 Cr.

ROE

43.95%

18.14%%

ROCE

32.95%

20.93%%

Debt/Equity

0.5

EPS

₹9.70

₹6.65

RoNW

43.95%

16.63%%

Shares Offered

In the Ideal Technoplast Industries IPO retail investors (RII) are offered 6,29,000 shares while in Indian Phosphate IPO retail investors are offered 6,29,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Ideal Technoplast Industries IPO and 12,86,400 shares in Indian Phosphate IPO.

	Ideal Technoplast Industries IPO	Indian Phosphate IPO
Anchor Investor Reserveration		19,28,400 shares
Market Maker Reserveration	67,000 shares	3,73,200 shares
QIB	0 shares	12,86,400 shares
NII	6,29,000 shares	9,64,800 shares
RII	6,29,000 shares	22,51,200 shares
Employee	0 shares	0 shares
Others
Total	12,58,000 shares	45,02,400 shares

Bids Received (Subscription)

Ideal Technoplast Industries IPO subscribed 116.75x in total, whereas Indian Phosphate IPO subscribed 267.89x.

	Ideal Technoplast Industries IPO	Indian Phosphate IPO
QIB (times)		181.58x
NII (times)	108.49x	441.01x
Big NII (times)
Small NII (times)
RII (times)	115.57x	243.02x
Employee (times)
Other (times)
Total (times)	116.75x	267.89x

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Indian Phosphate IPO	Jay Bee Laminations IPO
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QVC Exports IPO	Resourceful Automobile IPO
Forcas Studio IPO	Ideal Technoplast Industries IPO
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