Gayatri Rubbers and Chemicals IPO vs Shera Energy IPO

Comparision between Gayatri Rubbers and Chemicals IPO and Shera Energy IPO.

IPO Details

Gayatri Rubbers and Chemicals IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shera Energy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Gayatri Rubbers and Chemicals IPO	Shera Energy 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	Khambatta Securities Limited	Holani Consultants Private Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker		Holani Consultants 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 Gayatri Rubbers and Chemicals IPO is up to ₹4.58 Cr whereas the issue size of the Shera Energy IPO is up to ₹35.20 Cr. The final issue price of Gayatri Rubbers and Chemicals IPO is ₹30.00 per share and of Shera Energy IPO is ₹57.00 per share.

	Gayatri Rubbers and Chemicals IPO	Shera Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹55.00 per share
Issue Price (Upper)		₹57.00 per share
Issue Price (Final)	₹30.00 per share	₹57.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size	15,28,000 shares	10,48,000 shares
Fresh Issue Size (Amount)	up to ₹4.58 Cr	up to ₹5.97 Cr
OFS Issue Size		51,28,000 shares
OFS Issue Size (Amount)		up to ₹29.23 Cr
Issue Size Total	15,28,000 shares	61,76,000 shares
Issue Size Total (Amount)	up to ₹4.58 Cr	up to ₹35.20 Cr

IPO Timetable

Gayatri Rubbers and Chemicals IPO opens on Jan 25, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Gayatri Rubbers and Chemicals IPO and Shera Energy IPO is Jan 30, 2023, and Feb 09, 2023, respectively.

	Gayatri Rubbers and Chemicals IPO	Shera Energy IPO
Anchor Bid Date		Feb 06, 2023
Issue Open	Jan 25, 2023	Feb 07, 2023
Issue Close	Jan 30, 2023	Feb 09, 2023
Basis Of Allotment (Tentative)	Feb 02, 2023	Feb 14, 2023
Initiation of Refunds (Tentative)	Feb 03, 2023	Feb 15, 2023
Credit of Share (Tentative)	Feb 06, 2023	Feb 16, 2023
Listing date (Tentative)	Feb 07, 2023	Feb 17, 2023
Anchor Lockin End date 1	Mar 04, 2023	Mar 16, 2023
Anchor Lockin End date 2	May 03, 2023	May 15, 2023

Financials

Gayatri Rubbers and Chemicals IPO P/E ratio is 23.62, as compared to Shera Energy IPO P/E ratio of 15.16.

Gayatri Rubbers and Chemicals IPO

Shera Energy IPO

Financial

Gayatri Rubbers and Chemicals Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	597.65	656.91	6.75	23.56	7.87	0.00
31-Mar-21	556.56	1,563.08	14.53	171.52	22.39	0.00
31-Mar-22	497.77	1,673.73	81.01	155.41	103.40	263.40
14-Apr-22	573.44	120.80	30.69	185.01	134.09	262.58
31-Dec-22	898.47	1,664.84	54.81	462.19	41.19	78.97
Amount in ₹ Lakhs

Shera Energy Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	27,731.94	42,619.14	361.43	5,624.34	11,062.67
31-Mar-21	29,315.64	42,271.92	502.67	6,075.60	10,542.28
31-Mar-22	32,523.73	52,458.21	699.50	6,673.35	11,812.67
30-Sep-22	33,832.97	33,953.72	428.25	7,054.88	11,437.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

66.57%

Promoter Shareholding (Post-Issue)

73.37%

63.51%

P/E Ratio

23.62

15.16

Market Cap

₹17.21 Cr.

₹129.89 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Gayatri Rubbers and Chemicals IPO retail investors (RII) are offered 7,24,000 shares while in Shera Energy IPO retail investors are offered 7,24,000 shares. Qualified institutional buyers (QIB) are offered in Gayatri Rubbers and Chemicals IPO and 25,06,000 shares in Shera Energy IPO.

	Gayatri Rubbers and Chemicals IPO	Shera Energy IPO
Anchor Investor Reserveration		15,00,000 shares
Market Maker Reserveration	80,000 shares	4,00,000 shares
QIB		25,06,000 shares
NII	7,24,000 shares	8,20,000 shares
RII	7,24,000 shares	18,50,000 shares
Employee		6,00,000 shares
Others
Total	14,48,000 shares	57,76,000 shares

Bids Received (Subscription)

Gayatri Rubbers and Chemicals IPO subscribed 37.94x in total, whereas Shera Energy IPO subscribed 47.36x.

	Gayatri Rubbers and Chemicals IPO	Shera Energy IPO
QIB (times)		8.73x
NII (times)	33.65x	190.12x
Big NII (times)
Small NII (times)
RII (times)	42.23x	51.30x
Employee (times)		1.46x
Other (times)
Total (times)	37.94x	47.36x

Compare with others

Gayatri Rubbers and Chemicals IPO	Shera Energy IPO
Patron Exim IPO	Viaz Tyres IPO
Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Indong Tea Company IPO	Lead Reclaim and Rubber Products IPO
Agarwal Float Glass India IPO	Indong Tea Company IPO
Shera Energy IPO	Agarwal Float Glass India IPO
Earthstahl & Alloys IPO	Gayatri Rubbers and Chemicals IPO
Transvoy Logistics India IPO	Earthstahl & Alloys IPO
DHARNI Capital Services IPO	Transvoy Logistics India IPO
Aristo Bio-Tech and Lifescience IPO	DHARNI Capital Services IPO
Ducol Organics And Colours IPO	Aristo Bio-Tech and Lifescience IPO

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