Owais Metal and Mineral Processing IPO vs Shree Karni Fabcom IPO

Comparision between Owais Metal and Mineral Processing IPO and Shree Karni Fabcom IPO.

IPO Details

Owais Metal and Mineral Processing IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shree Karni Fabcom IPO is a SME Book Built Issue proposed to list at NSE SME.

	Owais Metal and Mineral Processing IPO	Shree Karni Fabcom 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	Gretex Corporate Services Limited	Horizon Management Private Limited
Registrar	Bigshare Services Pvt Ltd	Mas Services Limited
Market Maker	Gretex Share Broking Private Limited	MLB Stock Broking 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 Owais Metal and Mineral Processing IPO is up to ₹42.69 Cr whereas the issue size of the Shree Karni Fabcom IPO is up to ₹42.49 Cr. The final issue price of Owais Metal and Mineral Processing IPO is ₹87.00 per share and of Shree Karni Fabcom IPO is ₹227.00 per share.

	Owais Metal and Mineral Processing IPO	Shree Karni Fabcom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹83.00 per share	₹220.00 per share
Issue Price (Upper)	₹87.00 per share	₹227.00 per share
Issue Price (Final)	₹87.00 per share	₹227.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	600 shares
Fresh Issue Size	49,07,200 shares	18,72,000 shares
Fresh Issue Size (Amount)	up to ₹42.69 Cr	up to ₹42.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,07,200 shares	18,72,000 shares
Issue Size Total (Amount)	up to ₹42.69 Cr	up to ₹42.49 Cr

IPO Timetable

Owais Metal and Mineral Processing IPO opens on Feb 26, 2024, while Shree Karni Fabcom IPO opens on Mar 06, 2024. The closing date of Owais Metal and Mineral Processing IPO and Shree Karni Fabcom IPO is Feb 28, 2024, and Mar 11, 2024, respectively.

	Owais Metal and Mineral Processing IPO	Shree Karni Fabcom IPO
Anchor Bid Date	Feb 23, 2024	Mar 05, 2024
Issue Open	Feb 26, 2024	Mar 06, 2024
Issue Close	Feb 28, 2024	Mar 11, 2024
Basis Of Allotment (Tentative)	Feb 29, 2024	Mar 12, 2024
Initiation of Refunds (Tentative)	Mar 01, 2024	Mar 13, 2024
Credit of Share (Tentative)	Mar 01, 2024	Mar 13, 2024
Listing date (Tentative)	Mar 04, 2024	Mar 14, 2024
Anchor Lockin End date 1	Mar 30, 2024	Apr 11, 2024
Anchor Lockin End date 2	May 29, 2024	Jun 10, 2024

Financials

Owais Metal and Mineral Processing IPO P/E ratio is 21.35, as compared to Shree Karni Fabcom IPO P/E ratio of 21.26.

Owais Metal and Mineral Processing IPO

Shree Karni Fabcom 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

Shree Karni Fabcom Limited Financial Information (Restated Consolidated)

Shree Karni Fabcom Limited's revenue increased by 51.87% and profit after tax (PAT) rose by 7.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,124.38	9,864.25	5,911.11	2,743.05
Revenue	7,599.48	12,704.05	8,365.18	3,289.86
Profit After Tax	813.44	555.25	514.84	153.48
Net Worth	1,912.17	2,602.24	1,321.61	671.23
Reserves and Surplus	1,392.17	2,502.24	1,221.61	571.23
Total Borrowing	9,504.27	3,658.72	2,718.09	1,451.30
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

96.16%

Promoter Shareholding (Post-Issue)

73.01%

70.07%

P/E Ratio

21.35

21.26

Market Cap

₹158.19 Cr.

₹160.53 Cr.

ROE

-5.35%%

42.56%%

ROCE

11.34%%

Debt/Equity

5.61

EPS

₹4.08

₹10.68

RoNW

-22.22%%

42.56%%

Shares Offered

In the Owais Metal and Mineral Processing IPO retail investors (RII) are offered 15,98,400 shares while in Shree Karni Fabcom 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 3,55,800 shares in Shree Karni Fabcom IPO.

	Owais Metal and Mineral Processing IPO	Shree Karni Fabcom IPO
Anchor Investor Reserveration	13,68,000 shares	5,32,800 shares
Market Maker Reserveration	3,44,000 shares	93,600 shares
QIB	9,12,000 shares	3,55,800 shares
NII	6,84,800 shares	2,67,000 shares
RII	15,98,400 shares	6,22,800 shares
Employee	0 shares	0 shares
Others
Total	31,95,200 shares	12,45,600 shares

Bids Received (Subscription)

Owais Metal and Mineral Processing IPO subscribed 221.18x in total, whereas Shree Karni Fabcom IPO subscribed 296.43x.

	Owais Metal and Mineral Processing IPO	Shree Karni Fabcom IPO
QIB (times)	92.06x	112.94x
NII (times)	329.36x	461.58x
Big NII (times)
Small NII (times)
RII (times)	248.50x	330.45x
Employee (times)
Other (times)
Total (times)	221.18x	296.43x

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