QVC Exports IPO vs Sunlite Recycling Industries IPO

Comparision between QVC Exports IPO and Sunlite Recycling Industries IPO.

IPO Details

QVC Exports IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sunlite Recycling Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	QVC Exports IPO	Sunlite Recycling Industries 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	Khandwala Securities Limited	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Cameo Corporate Services Limited
Market Maker	Aftertrade Broking Pvt Ltd	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of QVC Exports IPO is up to ₹24.07 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹30.24 Cr. The final issue price of QVC Exports IPO is ₹86.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.

	QVC Exports IPO	Sunlite Recycling Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹100.00 per share
Issue Price (Upper)		₹105.00 per share
Issue Price (Final)	₹86.00 per share	₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	20,49,600 shares	28,80,000 shares
Fresh Issue Size (Amount)	up to ₹17.63 Cr	up to ₹30.24 Cr
OFS Issue Size	7,48,800 shares
OFS Issue Size (Amount)	up to ₹6.44 Cr
Issue Size Total	27,98,400 shares	28,80,000 shares
Issue Size Total (Amount)	up to ₹24.07 Cr	up to ₹30.24 Cr

IPO Timetable

QVC Exports IPO opens on Aug 21, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of QVC Exports IPO and Sunlite Recycling Industries IPO is Aug 23, 2024, and Aug 14, 2024, respectively.

	QVC Exports IPO	Sunlite Recycling Industries IPO
Anchor Bid Date		Aug 09, 2024
Issue Open	Aug 21, 2024	Aug 12, 2024
Issue Close	Aug 23, 2024	Aug 14, 2024
Basis Of Allotment (Tentative)	Aug 26, 2024	Aug 16, 2024
Initiation of Refunds (Tentative)	Aug 27, 2024	Aug 19, 2024
Credit of Share (Tentative)	Aug 27, 2024	Aug 19, 2024
Listing date (Tentative)	Aug 28, 2024	Aug 20, 2024
Anchor Lockin End date 1		Sep 15, 2024
Anchor Lockin End date 2		Nov 14, 2024

Financials

QVC Exports IPO P/E ratio is 18.4, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.

QVC Exports IPO

Sunlite Recycling Industries IPO

Financial

QVC Exports Limited Financial Information (Restated Consolidated)

QVC Exports Limited's revenue increased by 112% and profit after tax (PAT) rose by 129% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,386.23	6,489.81	5,461.44
Revenue	45,462.68	21,471.14	12,782.5
Profit After Tax	392.76	171.48	90.54
Net Worth	3,407.9	2,802.99	2,668.09
Reserves and Surplus	2,567.73	2,382.91	2,208.79
Total Borrowing	4,981.73	3,227.57	2,159.43
Amount in ₹ Lakhs

Sunlite Recycling Industries Limited Financial Information (Restated)

Sunlite Recycling Industries Limited's revenue increased by 1.4% and profit after tax (PAT) rose by 58.92% 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	6,321.24	7,162.56	4,802.05	3,743.20
Revenue	116,655.09	115,039.91	93,791.80	39,400.84
Profit After Tax	890.36	560.27	426.03	252.55
Net Worth	2,003.90	362.08	1,158.58	622.18
Reserves and Surplus	1,203.90	312.08
Total Borrowing	3,491.74	4,646.82	2,532.38	1,711.39
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

100.00%

Promoter Shareholding (Post-Issue)

73.22%

73.53%

P/E Ratio

18.4

9.43

Market Cap

₹89.88 Cr.

₹114.24 Cr.

ROE

7.20%%

75.26%%

ROCE

34.22%%

29.49%%

Debt/Equity

1.46

1.74

EPS

₹4.67

₹11.13

RoNW

17.75%%

44.43%%

Shares Offered

In the QVC Exports IPO retail investors (RII) are offered 13,29,600 shares while in Sunlite Recycling Industries IPO retail investors are offered 13,29,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in QVC Exports IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.

	QVC Exports IPO	Sunlite Recycling Industries IPO
Anchor Investor Reserveration		8,18,400 shares
Market Maker Reserveration	1,40,800 shares	1,48,800 shares
QIB	0 shares	5,46,000 shares
NII	13,28,000 shares	4,10,400 shares
RII	13,29,600 shares	9,56,400 shares
Employee	0 shares	0 shares
Others
Total	26,57,600 shares	19,12,800 shares

Bids Received (Subscription)

QVC Exports IPO subscribed 535.00x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.

	QVC Exports IPO	Sunlite Recycling Industries IPO
QIB (times)		109.05x
NII (times)	596.57x	584.10x
Big NII (times)
Small NII (times)
RII (times)	418.64x	252.00x
Employee (times)
Other (times)
Total (times)	535.00x	282.45x

Compare with others

QVC Exports IPO	Sunlite Recycling Industries IPO
Jay Bee Laminations IPO	QVC Exports IPO
Rapid Multimodal Logistics IPO	Forcas Studio IPO
Indian Phosphate IPO	Solve Plastic Products IPO
Resourceful Automobile IPO	Broach Lifecare Hospital IPO
Ideal Technoplast Industries IPO	Brace Port Logistics IPO
Forcas Studio IPO	Positron Energy IPO
Solve Plastic Products IPO	Aesthetik Engineers IPO
Broach Lifecare Hospital IPO	Picture Post Studios IPO
Brace Port Logistics IPO	Afcom Holdings IPO
Sunlite Recycling Industries IPO	Dhariwalcorp IPO

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