Chatha Foods IPO vs Royal Sense IPO

Comparision between Chatha Foods IPO and Royal Sense IPO.

IPO Details

Chatha Foods IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Royal Sense IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Chatha Foods IPO	Royal Sense IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Indorient Financial Services Ltd	Expert Global Consultants Private Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Alacrity Securities Ltd.	Rikhav Securities 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 Chatha Foods IPO is up to ₹34.00 Cr whereas the issue size of the Royal Sense IPO is up to ₹9.86 Cr. The final issue price of Chatha Foods IPO is ₹56.00 per share and of Royal Sense IPO is ₹68.00 per share.

	Chatha Foods IPO	Royal Sense IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share
Issue Price (Upper)	₹56.00 per share
Issue Price (Final)	₹56.00 per share	₹68.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	59,62,000 shares	14,50,000 shares
Fresh Issue Size (Amount)	up to ₹34.00 Cr	up to ₹9.86 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	59,62,000 shares	14,50,000 shares
Issue Size Total (Amount)	up to ₹34.00 Cr	up to ₹9.86 Cr

IPO Timetable

Chatha Foods IPO opens on Mar 19, 2024, while Royal Sense IPO opens on Mar 12, 2024. The closing date of Chatha Foods IPO and Royal Sense IPO is Mar 21, 2024, and Mar 14, 2024, respectively.

	Chatha Foods IPO	Royal Sense IPO
Anchor Bid Date	Mar 18, 2024
Issue Open	Mar 19, 2024	Mar 12, 2024
Issue Close	Mar 21, 2024	Mar 14, 2024
Basis Of Allotment (Tentative)	Mar 26, 2024	Mar 15, 2024
Initiation of Refunds (Tentative)	Mar 27, 2024	Mar 18, 2024
Credit of Share (Tentative)	Mar 27, 2024	Mar 18, 2024
Listing date (Tentative)	Mar 27, 2024	Mar 19, 2024
Anchor Lockin End date 1	Apr 25, 2024
Anchor Lockin End date 2	Jun 24, 2024

Financials

Chatha Foods IPO P/E ratio is 37.76, as compared to Royal Sense IPO P/E ratio of 33.33.

Chatha Foods IPO

Royal Sense IPO

Financial

Chatha Foods Limited Financial Information (Restated)

Chatha Foods Limited's revenue increased by 34.14% and profit after tax (PAT) rose by 264.66% 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	5,827.62	5,141.94	4,830.31	4,330.28
Revenue	7,078.03	11,724.23	8,740.31	6,119.03
Profit After Tax	341.04	245.20	67.24	-400.35
Net Worth	2,516.15	2,175.12	1,929.93	1,862.68
Reserves and Surplus	862.66	935.00	689.81	622.56
Total Borrowing	987.96	1,060.19	1,101.33	1,065.03
Amount in ₹ Lakhs

Royal Sense Limited Financial Information (Restated)

Period Ended	30 Sep 2023
Assets	569.87
Revenue	804.07
Profit After Tax	70.28
Net Worth	415.29
Reserves and Surplus	70.28
Total Borrowing	27.58
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.36%

99.99%

Promoter Shareholding (Post-Issue)

67.15%

P/E Ratio

37.76

33.33

Market Cap

₹125.98 Cr.

₹33.32 Cr.

ROE

14.54%%

17.00%%

ROCE

14.81%%

23.00%%

Debt/Equity

0.39

EPS

₹1.48

₹2.04

RoNW

14.54%%

17.00%%

Shares Offered

In the Chatha Foods IPO retail investors (RII) are offered 19,82,000 shares while in Royal Sense IPO retail investors are offered 19,82,000 shares. Qualified institutional buyers (QIB) are offered 11,32,000 shares in Chatha Foods IPO and 0 shares in Royal Sense IPO.

	Chatha Foods IPO	Royal Sense IPO
Anchor Investor Reserveration	16,98,000 shares
Market Maker Reserveration	3,00,000 shares	1,60,000 shares
QIB	11,32,000 shares	0 shares
NII	8,50,000 shares	6,45,000 shares
RII	19,82,000 shares	6,45,000 shares
Employee	0 shares	0 shares
Others
Total	39,64,000 shares	12,90,000 shares

Bids Received (Subscription)

Chatha Foods IPO subscribed 19.28x in total, whereas Royal Sense IPO subscribed 8.52x.

	Chatha Foods IPO	Royal Sense IPO
QIB (times)	8.54x
NII (times)	44.52x	9.72x
Big NII (times)
Small NII (times)
RII (times)	14.60x	7.32x
Employee (times)
Other (times)
Total (times)	19.28x	8.52x

Compare with others

Chatha Foods IPO	Royal Sense IPO
Blue Pebble IPO	Vishwas Agri Seeds IPO
Vruddhi Engineering Works IPO	Chatha Foods IPO
Naman In-Store (India) IPO	Enser Communications IPO
Omfurn India FPO	Enfuse Solutions IPO
Vishwas Agri Seeds IPO	KP Green Engineering IPO
Enser Communications IPO	AVP Infracon IPO
Enfuse Solutions IPO	Signoria Creation IPO
KP Green Engineering IPO	Pratham EPC Projects IPO
Royal Sense IPO	Koura Fine Diamond Jewelry IPO
AVP Infracon IPO	Shree Karni Fabcom IPO

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