Mandeep Auto Industries IPO vs Shivam Chemicals IPO

Comparision between Mandeep Auto Industries IPO and Shivam Chemicals IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shivam Chemicals IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Mandeep Auto Industries IPO	Shivam Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Jawa Capital Services Private Limited	Aryaman Financial Services Limited
Registrar	Cameo Corporate Services Limited	Cameo Corporate Services Limited
Market Maker	Aftertrade Broking Pvt Ltd	Shreni Shares 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 Mandeep Auto Industries IPO is up to ₹25.25 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹20.18 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

	Mandeep Auto Industries IPO	Shivam Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹67.00 per share	₹44.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	37,68,000 shares	45,87,000 shares
Fresh Issue Size (Amount)	up to ₹25.25 Cr	up to ₹20.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,68,000 shares	45,87,000 shares
Issue Size Total (Amount)	up to ₹25.25 Cr	up to ₹20.18 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Mandeep Auto Industries IPO and Shivam Chemicals IPO is May 15, 2024, and Apr 25, 2024, respectively.

	Mandeep Auto Industries IPO	Shivam Chemicals IPO
Anchor Bid Date
Issue Open	May 13, 2024	Apr 23, 2024
Issue Close	May 15, 2024	Apr 25, 2024
Basis Of Allotment (Tentative)	May 16, 2024	Apr 26, 2024
Initiation of Refunds (Tentative)	May 17, 2024	Apr 29, 2024
Credit of Share (Tentative)	May 17, 2024	Apr 29, 2024
Listing date (Tentative)	May 21, 2024	Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

Mandeep Auto Industries IPO

Shivam Chemicals IPO

Financial

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% 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	2,424.73	1,963.15	1,297.81	1,050.17
Revenue	1,656.76	2,978.74	2,189.73	1,563.49
Profit After Tax	214.93	104.91	64.69	49.81
Net Worth	820.80	453.54	413.61	280.42
Reserves and Surplus	163.81
Amount in ₹ Lakhs

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	3,881.92	3,117.11
Revenue	10,710.70	15,658.34
Profit After Tax	70.79	357.44
Net Worth	1,399.64	1,328.35
Reserves and Surplus	159.64	1,288.85
Total Borrowing	1,638.20	1,351.37
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

99.99%

Promoter Shareholding (Post-Issue)

63.53%

73.00%

P/E Ratio

10.15

15.26

Market Cap

₹69.26 Cr.

₹74.74 Cr.

ROE

30.15%%

5.13%%

ROCE

27.94%%

6.19%%

Debt/Equity

1.17

EPS

₹6.60

₹2.88

RoNW

25.97%%

5.06%%

Shares Offered

In the Mandeep Auto Industries IPO retail investors (RII) are offered 17,89,000 shares while in Shivam Chemicals IPO retail investors are offered 17,89,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mandeep Auto Industries IPO and 0 shares in Shivam Chemicals IPO.

	Mandeep Auto Industries IPO	Shivam Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,90,000 shares	2,31,000 shares
QIB	0 shares	0 shares
NII	17,89,000 shares	21,78,000 shares
RII	17,89,000 shares	21,78,000 shares
Employee	0 shares	0 shares
Others
Total	35,78,000 shares	43,56,000 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Shivam Chemicals IPO subscribed 6.61x.

	Mandeep Auto Industries IPO	Shivam Chemicals IPO
QIB (times)
NII (times)	61.54x	4.33x
Big NII (times)
Small NII (times)
RII (times)	90.57x	8.88x
Employee (times)
Other (times)
Total (times)	77.23x	6.61x

Compare with others

Mandeep Auto Industries IPO	Shivam Chemicals IPO
Winsol Engineers IPO	Sai Swami Metals and Alloys IPO
Slone Infosystems IPO	Amkay Products IPO
Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
Amkay Products IPO	Mandeep Auto Industries IPO
Storage Technologies Racks and Rollers IPO	ABS Marine Services IPO
ABS Marine Services IPO	Varyaa Creations IPO
Shivam Chemicals IPO	Faalcon Concepts IPO
Varyaa Creations IPO	Emmforce Autotech IPO
Faalcon Concepts IPO	Birdy's IPO
Emmforce Autotech IPO	Greenhitech Ventures IPO

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