Shera Energy IPO vs Viaz Tyres IPO

Comparision between Shera Energy IPO and Viaz Tyres IPO.

IPO Details

Shera Energy IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Viaz Tyres IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Shera Energy IPO	Viaz Tyres IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Holani Consultants Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Holani Consultants Private Limited	Sunflower Broking 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 Shera Energy IPO is up to ₹35.20 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹20.00 Cr. The final issue price of Shera Energy IPO is ₹57.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

	Shera Energy IPO	Viaz Tyres 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)	₹57.00 per share	₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	10,48,000 shares	32,26,000 shares
Fresh Issue Size (Amount)	up to ₹5.97 Cr	up to ₹20.00 Cr
OFS Issue Size	51,28,000 shares
OFS Issue Size (Amount)	up to ₹29.23 Cr
Issue Size Total	61,76,000 shares	32,26,000 shares
Issue Size Total (Amount)	up to ₹35.20 Cr	up to ₹20.00 Cr

IPO Timetable

Shera Energy IPO opens on Feb 07, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Shera Energy IPO and Viaz Tyres IPO is Feb 09, 2023, and Feb 21, 2023, respectively.

	Shera Energy IPO	Viaz Tyres IPO
Anchor Bid Date	Feb 06, 2023
Issue Open	Feb 07, 2023	Feb 16, 2023
Issue Close	Feb 09, 2023	Feb 21, 2023
Basis Of Allotment (Tentative)	Feb 14, 2023	Feb 24, 2023
Initiation of Refunds (Tentative)	Feb 15, 2023	Feb 27, 2023
Credit of Share (Tentative)	Feb 16, 2023	Feb 28, 2023
Listing date (Tentative)	Feb 17, 2023	Mar 01, 2023
Anchor Lockin End date 1	Mar 16, 2023	Mar 26, 2023
Anchor Lockin End date 2	May 15, 2023	May 25, 2023

Financials

Shera Energy IPO P/E ratio is 15.16, as compared to Viaz Tyres IPO P/E ratio of 24.9.

Shera Energy IPO

Viaz Tyres IPO

Financial

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

Viaz Tyres Limited Financial Information (Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2,429.97	1,994.37	14.51	432.93	1,895.94
31-Mar-21	2,713.32	2,917.26	60.64	493.56	2,047.89
31-Mar-22	2,898.38	2,933.04	146.91	640.47	1,996.09
30-Sep-22	3,405.87	2,379.10	152.72	1,098.19	2,003.36
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

66.57%

99.2%

Promoter Shareholding (Post-Issue)

63.51%

73.07%

P/E Ratio

15.16

24.9

Market Cap

₹129.89 Cr.

₹75.96 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Shera Energy IPO retail investors (RII) are offered 18,50,000 shares while in Viaz Tyres IPO retail investors are offered 18,50,000 shares. Qualified institutional buyers (QIB) are offered 25,06,000 shares in Shera Energy IPO and in Viaz Tyres IPO.

	Shera Energy IPO	Viaz Tyres IPO
Anchor Investor Reserveration	15,00,000 shares
Market Maker Reserveration	4,00,000 shares	1,62,000 shares
QIB	25,06,000 shares
NII	8,20,000 shares	15,32,000 shares
RII	18,50,000 shares	15,32,000 shares
Employee	6,00,000 shares
Others
Total	57,76,000 shares	30,64,000 shares

Bids Received (Subscription)

Shera Energy IPO subscribed 47.36x in total, whereas Viaz Tyres IPO subscribed 5.79x.

	Shera Energy IPO	Viaz Tyres IPO
QIB (times)	8.73x
NII (times)	190.12x	5.33x
Big NII (times)
Small NII (times)
RII (times)	51.30x	6.25x
Employee (times)	1.46x
Other (times)
Total (times)	47.36x	5.79x

Compare with others

Shera Energy IPO	Viaz Tyres IPO
Viaz Tyres IPO	Srivasavi Adhesive Tapes IPO
Patron Exim IPO	SVJ Enterprises IPO
Lead Reclaim and Rubber Products IPO	Sealmatic India IPO
Indong Tea Company IPO	Macfos IPO
Agarwal Float Glass India IPO	ITCONS E-Solutions IPO
Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
Transvoy Logistics India IPO	Indong Tea Company IPO
DHARNI Capital Services IPO	Agarwal Float Glass India IPO
Aristo Bio-Tech and Lifescience IPO	Shera Energy IPO

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