Plada Infotech Services IPO vs Sharp Chucks And Machines IPO

Comparision between Plada Infotech Services IPO and Sharp Chucks And Machines IPO.

IPO Details

Plada Infotech Services IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sharp Chucks And Machines IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Plada Infotech Services IPO	Sharp Chucks And Machines IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Indorient Financial Services Ltd	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Nikunj Stock Brokers 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 Plada Infotech Services IPO is up to ₹12.36 Cr whereas the issue size of the Sharp Chucks And Machines IPO is up to ₹16.84 Cr. The final issue price of Plada Infotech Services IPO is ₹48.00 per share and of Sharp Chucks And Machines IPO is ₹58.00 per share.

	Plada Infotech Services IPO	Sharp Chucks And Machines IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹48.00 per share	₹58.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	25,74,000 shares	9,75,484 shares
Fresh Issue Size (Amount)	up to ₹12.36 Cr	up to ₹5.66 Cr
OFS Issue Size		19,28,516 shares
OFS Issue Size (Amount)		up to ₹11.19 Cr
Issue Size Total	25,74,000 shares	29,04,000 shares
Issue Size Total (Amount)	up to ₹12.36 Cr	up to ₹16.84 Cr

IPO Timetable

Plada Infotech Services IPO opens on Sep 29, 2023, while Sharp Chucks And Machines IPO opens on Sep 29, 2023. The closing date of Plada Infotech Services IPO and Sharp Chucks And Machines IPO is Oct 05, 2023, and Oct 05, 2023, respectively.

	Plada Infotech Services IPO	Sharp Chucks And Machines IPO
Anchor Bid Date
Issue Open	Sep 29, 2023	Sep 29, 2023
Issue Close	Oct 05, 2023	Oct 05, 2023
Basis Of Allotment (Tentative)	Oct 09, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Oct 10, 2023	Oct 10, 2023
Credit of Share (Tentative)	Oct 11, 2023	Oct 11, 2023
Listing date (Tentative)	Oct 13, 2023	Oct 12, 2023
Anchor Lockin End date 1	Nov 08, 2023	Nov 08, 2023
Anchor Lockin End date 2	Jan 07, 2024	Jan 07, 2024

Financials

Plada Infotech Services IPO P/E ratio is 12.31, as compared to Sharp Chucks And Machines IPO P/E ratio of 11.2.

Plada Infotech Services IPO

Sharp Chucks And Machines IPO

Financial

Plada Infotech Services IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,711.29	2,760.03	2,720.30	2,811.09
Revenue	5,068.20	4,460.86	4,887.39	6,275.12
Profit After Tax	119.93	66.71	109.87	233.82
Net Worth	342.60	408.44	518.10	752.70
Reserves and Surplus	341.60	407.44	498.10	552.70
Total Borrowing	1,989.85	1,952.59	1,771.67	1,654.13

Amount in ₹ Lakhs

Sharp Chucks And Machines IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	13,397.98	18,392.09	18,003.58
Revenue	13,583.11	15,252.23	17,931.45
Profit After Tax	330.96	452.62	506.50
Net Worth	4,275.67	4,728.29	5,234.79
Reserves and Surplus	3,297.24	3,749.86	4,256.36
Total Borrowing	6,305.37	10,269.35	9,034.20

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

89.50%

80.28%

Promoter Shareholding (Post-Issue)

62.64%

73.00%

P/E Ratio

12.31

11.2

Market Cap

₹41.16 Cr.

₹62.41 Cr.

ROE

37%%

10.17%%

ROCE

21%%

11.00%%

Debt/Equity

2.2

1.73

EPS

₹3.90

₹5.18

RoNW

31.07%%

9.68%%

Shares Offered

In the Plada Infotech Services IPO retail investors (RII) are offered 12,22,500 shares while in Sharp Chucks And Machines IPO retail investors are offered 12,22,500 shares. Qualified institutional buyers (QIB) are offered 0 shares in Plada Infotech Services IPO and 0 shares in Sharp Chucks And Machines IPO.

	Plada Infotech Services IPO	Sharp Chucks And Machines IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,29,000 shares	1,48,000 shares
QIB	0 shares	0 shares
NII	12,22,500 shares	13,78,000 shares
RII	12,22,500 shares	13,78,000 shares
Employee	0 shares	0 shares
Others
Total	24,45,000 shares	27,56,000 shares

Bids Received (Subscription)

Plada Infotech Services IPO subscribed 57.85x in total, whereas Sharp Chucks And Machines IPO subscribed 54.20x.

	Plada Infotech Services IPO	Sharp Chucks And Machines IPO
QIB (times)
NII (times)	39.81x	38.76x
Big NII (times)
Small NII (times)
RII (times)	73.78x	63.69x
Employee (times)
Other (times)
Total (times)	57.85x	54.20x

Compare with others

Plada Infotech Services IPO	Sharp Chucks And Machines IPO
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Vishnusurya Projects and Infra IPO	E Factor Experiences IPO
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