Owais Metal and Mineral Processing IPO vs Sadhav Shipping IPO

Comparision between Owais Metal and Mineral Processing IPO and Sadhav Shipping IPO.

IPO Details

Owais Metal and Mineral Processing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sadhav Shipping IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Isk Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Gretex Share Broking Private Limited	Sunflower Broking 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 Owais Metal and Mineral Processing IPO is up to ₹42.69 Cr whereas the issue size of the Sadhav Shipping IPO is up to ₹38.18 Cr. The final issue price of Owais Metal and Mineral Processing IPO is ₹87.00 per share and of Sadhav Shipping IPO is ₹95.00 per share.

	Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹83.00 per share
Issue Price (Upper)	₹87.00 per share
Issue Price (Final)	₹87.00 per share	₹95.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	49,07,200 shares	40,18,800 shares
Fresh Issue Size (Amount)	up to ₹42.69 Cr	up to ₹38.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,07,200 shares	40,18,800 shares
Issue Size Total (Amount)	up to ₹42.69 Cr	up to ₹38.18 Cr

IPO Timetable

Owais Metal and Mineral Processing IPO opens on Feb 26, 2024, while Sadhav Shipping IPO opens on Feb 23, 2024. The closing date of Owais Metal and Mineral Processing IPO and Sadhav Shipping IPO is Feb 28, 2024, and Feb 27, 2024, respectively.

	Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
Anchor Bid Date	Feb 23, 2024
Issue Open	Feb 26, 2024	Feb 23, 2024
Issue Close	Feb 28, 2024	Feb 27, 2024
Basis Of Allotment (Tentative)	Feb 29, 2024	Feb 28, 2024
Initiation of Refunds (Tentative)	Mar 01, 2024	Feb 29, 2024
Credit of Share (Tentative)	Mar 01, 2024	Feb 29, 2024
Listing date (Tentative)	Mar 04, 2024	Mar 01, 2024
Anchor Lockin End date 1	Mar 30, 2024
Anchor Lockin End date 2	May 29, 2024

Financials

Owais Metal and Mineral Processing IPO P/E ratio is 21.35, as compared to Sadhav Shipping IPO P/E ratio of 12.66.

Owais Metal and Mineral Processing IPO

Sadhav Shipping IPO

Financial

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	5,164.23	379.62
Revenue	3,977.54
Profit After Tax	765.47	-12.72
Net Worth	2,122.77	57.28
Reserves and Surplus	795.25	44.28
Total Borrowing	1,350.59	321.29
Amount in ₹ Lakhs

Sadhav Shipping Limited Financial Information (Restated)

Sadhav Shipping Limited's revenue increased by 13.08% and profit after tax (PAT) rose by 157.68% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,113.49	11,628.71	6,909.44	6,117.64
Revenue	3,385.69	7,890.59	6,977.94	6,123.67
Profit After Tax	406.97	775.44	300.93	330.77
Net Worth	4,501.44	4,094.46	3,503.51	3,205.61
Reserves and Surplus	4,206.18	3,799.21	3,208.26	2,910.36
Total Borrowing	6,681.84	5,527.45	2,083.08	1,776.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

96.44%

Promoter Shareholding (Post-Issue)

73.01%

69.44%

P/E Ratio

21.35

12.66

Market Cap

₹158.19 Cr.

₹136.35 Cr.

ROE

-5.35%%

20.41%%

ROCE

14.36%%

Debt/Equity

5.61

EPS

₹4.08

₹7.50

RoNW

-22.22%%

18.94%%

Shares Offered

In the Owais Metal and Mineral Processing IPO retail investors (RII) are offered 15,98,400 shares while in Sadhav Shipping IPO retail investors are offered 15,98,400 shares. Qualified institutional buyers (QIB) are offered 9,12,000 shares in Owais Metal and Mineral Processing IPO and 0 shares in Sadhav Shipping IPO.

	Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
Anchor Investor Reserveration	13,68,000 shares
Market Maker Reserveration	3,44,000 shares	2,02,800 shares
QIB	9,12,000 shares	0 shares
NII	6,84,800 shares	19,08,000 shares
RII	15,98,400 shares	19,08,000 shares
Employee	0 shares	0 shares
Others
Total	31,95,200 shares	38,16,000 shares

Bids Received (Subscription)

Owais Metal and Mineral Processing IPO subscribed 221.18x in total, whereas Sadhav Shipping IPO subscribed 135.69x.

	Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
QIB (times)	92.06x
NII (times)	329.36x	184.58x
Big NII (times)
Small NII (times)
RII (times)	248.50x	65.52x
Employee (times)
Other (times)
Total (times)	221.18x	135.69x

Compare with others

Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
Shree Karni Fabcom IPO	Sona Machinery IPO
V R Infraspace IPO	Pune E-Stock Broking IPO
Sona Machinery IPO	M.V.K. Agro Food IPO
Pune E-Stock Broking IPO	Owais Metal and Mineral Processing IPO
M.V.K. Agro Food IPO	Purv Flexipack IPO
Purv Flexipack IPO	Deem Roll Tech IPO
Sadhav Shipping IPO	Zenith Drugs IPO
Deem Roll Tech IPO	Esconet Technologies IPO
Zenith Drugs IPO	Trust Fintech IPO
Esconet Technologies IPO	Interiors and More IPO

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