Crop Life Science IPO vs Shelter Pharma IPO

Comparision between Crop Life Science IPO and Shelter Pharma IPO.

IPO Details

Crop Life Science IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shelter Pharma IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Crop Life Science IPO	Shelter Pharma IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Interactive Financial Services Ltd	Gretex Corporate Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Gretex Share Broking Private 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 Crop Life Science IPO is up to ₹26.73 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹16.03 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Shelter Pharma IPO is ₹42.00 per share.

	Crop Life Science IPO	Shelter Pharma IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹52.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	51,40,000 shares	38,16,000 shares
Fresh Issue Size (Amount)	up to ₹26.73 Cr	up to ₹16.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,40,000 shares	38,16,000 shares
Issue Size Total (Amount)	up to ₹26.73 Cr	up to ₹16.03 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Crop Life Science IPO and Shelter Pharma IPO is Aug 22, 2023, and Aug 14, 2023, respectively.

	Crop Life Science IPO	Shelter Pharma IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 10, 2023
Issue Close	Aug 22, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Aug 21, 2023
Credit of Share (Tentative)	Aug 29, 2023	Aug 22, 2023
Listing date (Tentative)	Aug 30, 2023	Aug 23, 2023
Anchor Lockin End date 1	Sep 24, 2023	Sep 17, 2023
Anchor Lockin End date 2	Nov 23, 2023	Nov 16, 2023

Financials

Crop Life Science IPO P/E ratio is 14.29, as compared to Shelter Pharma IPO P/E ratio of 5.62.

Crop Life Science IPO

Shelter Pharma IPO

Financial

Crop Life Science IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,645.16	8,630.18	9,457.75	10,471.64
Revenue	13,531.18	11,950.18	10,238.92	12,323.43
Profit After Tax	323.00	370.46	281.41	436.66
Net Worth	2,925.61	3,287.06	3,526.33	4,038.51
Reserves and Surplus	1,770.01	2,114.88	2,401.86	2,838.51
Total Borrowing	1,594.40	1,747.29	2,093.03	2,682.32

Amount in ₹ Lakhs

Shelter Pharma IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,020.24	1,283.93	2,144.90
Revenue	2,248.86	3,005.84	3,615.51
Profit After Tax	-23.88	183.70	578.33
Net Worth	711.17	880.42	1,451.06
Reserves and Surplus	667.40	844.45	676.68
Total Borrowing	0.46	13.12	178.41

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

84.92%

Promoter Shareholding (Post-Issue)

70.01%

56.89%

P/E Ratio

14.29

5.62

Market Cap

₹48.55 Cr.

ROE

11.54%%

ROCE

18.63%

Debt/Equity

0.68

EPS

₹3.64

₹7.47

RoNW

10.81%%

39.86%%

Shares Offered

In the Crop Life Science IPO retail investors (RII) are offered 24,40,000 shares while in Shelter Pharma IPO retail investors are offered 24,40,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Crop Life Science IPO and 0 shares in Shelter Pharma IPO.

	Crop Life Science IPO	Shelter Pharma IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,60,000 shares	1,94,000 shares
QIB	0 shares	0 shares
NII	24,40,000 shares	18,10,000 shares
RII	24,40,000 shares	18,12,000 shares
Employee	0 shares	0 shares
Others
Total	48,80,000 shares	34,30,000 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.36x in total, whereas Shelter Pharma IPO subscribed 15.25x.

	Crop Life Science IPO	Shelter Pharma IPO
QIB (times)
NII (times)	1.56x	6.59x
Big NII (times)
Small NII (times)
RII (times)	7.15x	22.28x
Employee (times)
Other (times)
Total (times)	4.36x	15.25x

Compare with others

Crop Life Science IPO	Shelter Pharma IPO
Mono Pharmacare IPO	Sungarner Energies IPO
Sungarner Energies IPO	Sahaj Fashions IPO
Sahaj Fashions IPO	Shoora Designs IPO
Shoora Designs IPO	Bondada Engineering IPO
Bondada Engineering IPO	Crop Life Science IPO
Shelter Pharma IPO	Sangani Hospitals IPO
Sangani Hospitals IPO	Yudiz Solutions IPO
Yudiz Solutions IPO	Zeal Global Services IPO
Zeal Global Services IPO	Oriana Power IPO
Oriana Power IPO	Innovatus Entertainment Networks IPO

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