Presstonic Engineering IPO vs Shanti Spintex IPO

Comparision between Presstonic Engineering IPO and Shanti Spintex IPO.

IPO Details

Presstonic Engineering IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shanti Spintex IPO is a SME Book Built Issue proposed to list at BSE SME.

	Presstonic Engineering IPO	Shanti Spintex IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Hem Finlease Private 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 Presstonic Engineering IPO is up to ₹23.30 Cr whereas the issue size of the Shanti Spintex IPO is up to ₹31.25 Cr. The final issue price of Presstonic Engineering IPO is ₹72.00 per share and of Shanti Spintex IPO is ₹70.00 per share.

	Presstonic Engineering IPO	Shanti Spintex IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹66.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹72.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	32,36,800 shares	26,88,000 shares
Fresh Issue Size (Amount)	up to ₹23.30 Cr	up to ₹18.82 Cr
OFS Issue Size		17,76,000 shares
OFS Issue Size (Amount)		up to ₹12.43 Cr
Issue Size Total	32,36,800 shares	44,64,000 shares
Issue Size Total (Amount)	up to ₹23.30 Cr	up to ₹31.25 Cr

IPO Timetable

Presstonic Engineering IPO opens on Dec 11, 2023, while Shanti Spintex IPO opens on Dec 19, 2023. The closing date of Presstonic Engineering IPO and Shanti Spintex IPO is Dec 13, 2023, and Dec 21, 2023, respectively.

	Presstonic Engineering IPO	Shanti Spintex IPO
Anchor Bid Date
Issue Open	Dec 11, 2023	Dec 19, 2023
Issue Close	Dec 13, 2023	Dec 21, 2023
Basis Of Allotment (Tentative)	Dec 14, 2023	Dec 22, 2023
Initiation of Refunds (Tentative)	Dec 15, 2023	Dec 26, 2023
Credit of Share (Tentative)	Dec 15, 2023	Dec 26, 2023
Listing date (Tentative)	Dec 18, 2023	Dec 27, 2023
Anchor Lockin End date 1	Jan 13, 2024	Jan 21, 2024
Anchor Lockin End date 2	Mar 13, 2024	Mar 21, 2024

Financials

Presstonic Engineering IPO P/E ratio is 6.28, as compared to Shanti Spintex IPO P/E ratio of 9.82.

Presstonic Engineering IPO

Shanti Spintex IPO

Financial

Presstonic Engineering Limited Financial Information (Restated)

Presstonic Engineering Limited's revenue increased by 66.11% and profit after tax (PAT) rose by 1721.76% 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	2,850.69	2,737.68	2,496.71	2,386.97
Revenue	1,431.67	2,113.27	1,272.21	769.44
Profit After Tax	152.21	256.14	14.06	-16.94
Net Worth	645.57	493.36	237.22	223.16
Reserves and Surplus	198.50	269.83	13.69	-0.37
Total Borrowing	1,536.97	1,645.27	1,797.08	1,774.95
Amount in ₹ Lakhs

Shanti Spintex Limited Financial Information (Restated)

Shanti Spintex Limited's revenue increased by 45.23% and profit after tax (PAT) rose by 108.14% 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	17,457.31	17,588.33	13,631.33	11,926.82
Revenue	16,237.63	37,071.27	25,526.51	11,293.73
Profit After Tax	523.75	1,012.81	486.59	337.53
Net Worth	6,122.31	5,603.93	4,622.73	4,136.14
Reserves and Surplus	4,702.31	4,893.93	3,912.73	3,426.14
Total Borrowing	3,474.45	4,177.66	4,868.64	4,278.83
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

87.49%

Promoter Shareholding (Post-Issue)

57.99%

73.57%

P/E Ratio

6.28

9.82

Market Cap

₹55.49 Cr.

₹118.22 Cr.

ROE

115%%

19.81%%

ROCE

87%%

10.12%%

Debt/Equity

0.98

0.75

EPS

₹5.73

₹7.13

RoNW

51.92%%

18.07%%

Shares Offered

In the Presstonic Engineering IPO retail investors (RII) are offered 15,36,000 shares while in Shanti Spintex IPO retail investors are offered 15,36,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Presstonic Engineering IPO and 8,48,000 shares in Shanti Spintex IPO.

	Presstonic Engineering IPO	Shanti Spintex IPO
Anchor Investor Reserveration		12,72,000 shares
Market Maker Reserveration	1,63,200 shares	2,24,000 shares
QIB	0 shares	8,48,000 shares
NII	15,37,600 shares	6,36,000 shares
RII	15,36,000 shares	14,84,000 shares
Employee	0 shares	0 shares
Others
Total	30,73,600 shares	29,68,000 shares

Bids Received (Subscription)

Presstonic Engineering IPO subscribed 168.25x in total, whereas Shanti Spintex IPO subscribed 27.38x.

	Presstonic Engineering IPO	Shanti Spintex IPO
QIB (times)		14.34x
NII (times)	133.56x	57.28x
Big NII (times)
Small NII (times)
RII (times)	188.94x	22.01x
Employee (times)
Other (times)
Total (times)	168.25x	27.38x

Compare with others

Presstonic Engineering IPO	Shanti Spintex IPO
Sahara Maritime IPO	Siyaram Recycling IPO
Electro Force India IPO	Presstonic Engineering IPO
Trident Techlabs IPO	S J Logistics IPO
Shree OSFM E-Mobility IPO	Accent Microcell IPO
Siyaram Recycling IPO	Marinetrans India IPO
S J Logistics IPO	Graphisads IPO
Accent Microcell IPO	AMIC Forging IPO
Marinetrans India IPO	Net Avenue Technologies IPO
Shanti Spintex IPO	Deepak Chemtex IPO
Graphisads IPO	Swashthik Plascon IPO

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