ROX Hi-Tech IPO vs Swashthik Plascon IPO

Comparision between ROX Hi-Tech IPO and Swashthik Plascon IPO.

IPO Details

ROX Hi-Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Swashthik Plascon IPO is a SME Book Built Issue proposed to list at BSE SME.

	ROX Hi-Tech IPO	Swashthik Plascon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Swaraj shares and securities private limited	Shreni Shares Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Share India Securities Limited	Nikunj Stock Brokers 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 ROX Hi-Tech IPO is up to ₹54.49 Cr whereas the issue size of the Swashthik Plascon IPO is up to ₹40.76 Cr. The final issue price of ROX Hi-Tech IPO is ₹83.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.

	ROX Hi-Tech IPO	Swashthik Plascon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹80.00 per share
Issue Price (Upper)	₹83.00 per share	₹86.00 per share
Issue Price (Final)	₹83.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	60,17,600 shares	47,39,200 shares
Fresh Issue Size (Amount)	up to ₹49.95 Cr	up to ₹40.76 Cr
OFS Issue Size	5,47,200 shares
OFS Issue Size (Amount)	up to ₹4.54 Cr
Issue Size Total	65,64,800 shares	47,39,200 shares
Issue Size Total (Amount)	up to ₹54.49 Cr	up to ₹40.76 Cr

IPO Timetable

ROX Hi-Tech IPO opens on Nov 07, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of ROX Hi-Tech IPO and Swashthik Plascon IPO is Nov 09, 2023, and Nov 29, 2023, respectively.

	ROX Hi-Tech IPO	Swashthik Plascon IPO
Anchor Bid Date	Nov 06, 2023	Nov 23, 2023
Issue Open	Nov 07, 2023	Nov 24, 2023
Issue Close	Nov 09, 2023	Nov 29, 2023
Basis Of Allotment (Tentative)	Nov 15, 2023	Dec 04, 2023
Initiation of Refunds (Tentative)	Nov 16, 2023	Dec 05, 2023
Credit of Share (Tentative)	Nov 16, 2023	Dec 05, 2023
Listing date (Tentative)	Nov 16, 2023	Dec 05, 2023
Anchor Lockin End date 1	Dec 15, 2023	Jan 03, 2024
Anchor Lockin End date 2	Feb 13, 2024	Mar 03, 2024

Financials

ROX Hi-Tech IPO P/E ratio is 9.11, as compared to Swashthik Plascon IPO P/E ratio of 17.23.

ROX Hi-Tech IPO

Swashthik Plascon IPO

Financial

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,010.87	6,103.26	3,866.72	3,887.58
Revenue	5,001.20	13,398.85	10,297.25	6,547.94
Profit After Tax	675.89	1,532.97	151.31	66.15
Net Worth	3,090.93	2,415.03	882.06	730.75
Reserves and Surplus	1,409.05	1,667.53	134.56	405.75
Total Borrowing	2,838.79	2,258.36	1,794.59	1,135.32
Amount in ₹ Lakhs

Swashthik Plascon Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	11,416.09	11,076.25
Revenue	6,973.65	4,589.10
Profit After Tax	528.48	302.19
Net Worth	2,564.07	2,037.09
Reserves and Surplus	1,281.59	754.61
Total Borrowing	6,231.66	5,879.54
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.29%

60.00%

Promoter Shareholding (Post-Issue)

43.81%

P/E Ratio

9.11

17.23

Market Cap

₹189.52 Cr.

₹151.05 Cr.

ROE

63.48%%

22.78%%

ROCE

50.17%%

17.30%%

Debt/Equity

0.94

2.89

EPS

₹9.11

₹4.99

RoNW

63.48%%

14.95%%

Shares Offered

In the ROX Hi-Tech IPO retail investors (RII) are offered 21,93,600 shares while in Swashthik Plascon IPO retail investors are offered 21,93,600 shares. Qualified institutional buyers (QIB) are offered 10,51,200 shares in ROX Hi-Tech IPO and 9,00,800 shares in Swashthik Plascon IPO.

	ROX Hi-Tech IPO	Swashthik Plascon IPO
Anchor Investor Reserveration	15,80,800 shares	13,48,800 shares
Market Maker Reserveration	8,48,000 shares	2,38,400 shares
QIB	10,51,200 shares	9,00,800 shares
NII	8,96,000 shares	6,75,200 shares
RII	21,93,600 shares	15,76,000 shares
Employee	0 shares	0 shares
Others
Total	41,40,800 shares	31,52,000 shares

Bids Received (Subscription)

ROX Hi-Tech IPO subscribed 214.44x in total, whereas Swashthik Plascon IPO subscribed 15.43x.

	ROX Hi-Tech IPO	Swashthik Plascon IPO
QIB (times)	106.25x	3.42x
NII (times)	366.86x	35.76x
Big NII (times)
Small NII (times)
RII (times)	204.02x	13.58x
Employee (times)
Other (times)
Total (times)	214.44x	15.43x

Compare with others

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Swashthik Plascon IPO	Graphisads IPO
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Arrowhead Seperation Engineering IPO	Net Avenue Technologies IPO
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Sunrest Lifescience IPO	Rockingdeals Circular Economy IPO
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Baba Food Processing IPO	Kalyani Cast Tech IPO
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SAR Televenture IPO	Sunrest Lifescience IPO

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