Crop Life Science IPO vs Shoora Designs IPO

Comparision between Crop Life Science IPO and Shoora Designs IPO.

IPO Details

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

	Crop Life Science IPO	Shoora Designs 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	Swaraj shares and securities private limited
Registrar	Purva Sharegistry India Pvt Ltd	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Rikhav Securities 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 Shoora Designs IPO is up to ₹2.03 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Shoora Designs IPO is ₹48.00 per share.

	Crop Life Science IPO	Shoora Designs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹52.00 per share	₹48.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	51,40,000 shares	4,23,000 shares
Fresh Issue Size (Amount)	up to ₹26.73 Cr	up to ₹2.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,40,000 shares	4,24,000 shares
Issue Size Total (Amount)	up to ₹26.73 Cr	up to ₹2.03 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Crop Life Science IPO and Shoora Designs IPO is Aug 22, 2023, and Aug 21, 2023, respectively.

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

Financials

Crop Life Science IPO P/E ratio is 14.29, as compared to Shoora Designs IPO P/E ratio of 35.82.

Crop Life Science IPO

Shoora Designs 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

Shoora Designs IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	0.75	15.03	168.99
Revenue		16.26	210.61
Profit After Tax	-0.50	3.91	11.46
Net Worth	0.50	4.41	158.59
Reserves and Surplus	-0.50	3.41	51.02
Total Borrowing			0.30

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

70.01%

71.77%

P/E Ratio

14.29

35.82

Market Cap

₹7.19 Cr.

ROE

11.54%%

14.06%%

ROCE

18.63%

9.89%%

Debt/Equity

0.68

EPS

₹3.64

₹1.34

RoNW

10.81%%

7.22%%

Shares Offered

In the Crop Life Science IPO retail investors (RII) are offered 24,40,000 shares while in Shoora Designs 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 Shoora Designs IPO.

	Crop Life Science IPO	Shoora Designs IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,60,000 shares	27,000 shares
QIB	0 shares	0 shares
NII	24,40,000 shares	1,98,000 shares
RII	24,40,000 shares	1,98,000 shares
Employee	0 shares	0 shares
Others
Total	48,80,000 shares	3,96,000 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.36x in total, whereas Shoora Designs IPO subscribed 64.52x.

	Crop Life Science IPO	Shoora Designs IPO
QIB (times)
NII (times)	1.56x	34.68x
Big NII (times)
Small NII (times)
RII (times)	7.15x	93.73x
Employee (times)
Other (times)
Total (times)	4.36x	64.52x

Compare with others

Crop Life Science IPO	Shoora Designs IPO
Mono Pharmacare IPO	Basilic Fly Studio IPO
Sungarner Energies IPO	C P S Shapers IPO
Sahaj Fashions IPO	Mono Pharmacare IPO
Shoora Designs IPO	Sungarner Energies IPO
Bondada Engineering IPO	Sahaj Fashions IPO
Shelter Pharma IPO	Bondada Engineering IPO
Sangani Hospitals IPO	Crop Life Science IPO
Yudiz Solutions IPO	Shelter Pharma IPO
Zeal Global Services IPO	Sangani Hospitals IPO
Oriana Power IPO	Yudiz Solutions IPO

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