Sai Swami Metals and Alloys IPO vs Shivam Chemicals IPO

Comparision between Sai Swami Metals and Alloys IPO and Shivam Chemicals IPO.

IPO Details

Sai Swami Metals and Alloys IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shivam Chemicals IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Sai Swami Metals and Alloys IPO	Shivam Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Swastika Investmart Ltd	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Sunflower Broking Private Limited	Shreni Shares 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 Sai Swami Metals and Alloys IPO is up to ₹15.00 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹20.18 Cr. The final issue price of Sai Swami Metals and Alloys IPO is ₹60.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

	Sai Swami Metals and Alloys IPO	Shivam Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹60.00 per share	₹44.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	25,00,000 shares	45,87,000 shares
Fresh Issue Size (Amount)	up to ₹15.00 Cr	up to ₹20.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	25,00,000 shares	45,87,000 shares
Issue Size Total (Amount)	up to ₹15.00 Cr	up to ₹20.18 Cr

IPO Timetable

Sai Swami Metals and Alloys IPO opens on Apr 30, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Sai Swami Metals and Alloys IPO and Shivam Chemicals IPO is May 03, 2024, and Apr 25, 2024, respectively.

	Sai Swami Metals and Alloys IPO	Shivam Chemicals IPO
Anchor Bid Date
Issue Open	Apr 30, 2024	Apr 23, 2024
Issue Close	May 03, 2024	Apr 25, 2024
Basis Of Allotment (Tentative)	May 06, 2024	Apr 26, 2024
Initiation of Refunds (Tentative)	May 07, 2024	Apr 29, 2024
Credit of Share (Tentative)	May 07, 2024	Apr 29, 2024
Listing date (Tentative)	May 08, 2024	Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Sai Swami Metals and Alloys IPO P/E ratio is 11.34, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

Sai Swami Metals and Alloys IPO

Shivam Chemicals IPO

Financial

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	2,617.31	2,583.16
Revenue	3,333.86	626.76
Profit After Tax	179.52	3.83
Net Worth	664.47	35.32
Reserves and Surplus	252.70	34.32
Total Borrowing	743.16	610.23
Amount in ₹ Lakhs

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	3,881.92	3,117.11
Revenue	10,710.70	15,658.34
Profit After Tax	70.79	357.44
Net Worth	1,399.64	1,328.35
Reserves and Surplus	159.64	1,288.85
Total Borrowing	1,638.20	1,351.37
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.88%

99.99%

Promoter Shareholding (Post-Issue)

62.15%

73.00%

P/E Ratio

11.34

15.26

Market Cap

₹39.71 Cr.

₹74.74 Cr.

ROE

5.13%%

ROCE

6.19%%

Debt/Equity

1.17

EPS

₹5.29

₹2.88

RoNW

27.02%%

5.06%%

Shares Offered

In the Sai Swami Metals and Alloys IPO retail investors (RII) are offered 11,86,000 shares while in Shivam Chemicals IPO retail investors are offered 11,86,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sai Swami Metals and Alloys IPO and 0 shares in Shivam Chemicals IPO.

	Sai Swami Metals and Alloys IPO	Shivam Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,28,000 shares	2,31,000 shares
QIB	0 shares	0 shares
NII	11,86,000 shares	21,78,000 shares
RII	11,86,000 shares	21,78,000 shares
Employee	0 shares	0 shares
Others
Total	23,72,000 shares	43,56,000 shares

Bids Received (Subscription)

Sai Swami Metals and Alloys IPO subscribed 543.72x in total, whereas Shivam Chemicals IPO subscribed 6.61x.

	Sai Swami Metals and Alloys IPO	Shivam Chemicals IPO
QIB (times)
NII (times)	533.83x	4.33x
Big NII (times)
Small NII (times)
RII (times)	529.01x	8.88x
Employee (times)
Other (times)
Total (times)	543.72x	6.61x

Compare with others

Sai Swami Metals and Alloys IPO	Shivam Chemicals IPO
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Shivam Chemicals IPO	Greenhitech Ventures IPO

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