Innomet Advanced Materials IPO vs Shubhshree Biofuels Energy IPO

Comparision between Innomet Advanced Materials IPO and Shubhshree Biofuels Energy IPO.

IPO Details

Innomet Advanced Materials IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shubhshree Biofuels Energy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Innomet Advanced Materials IPO	Shubhshree Biofuels 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	Expert Global Consultants Private Limited	Hem Securities Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Prabhat Financial Services Ltd.	Hem Finlease 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 Innomet Advanced Materials IPO is up to ₹34.24 Cr whereas the issue size of the Shubhshree Biofuels Energy IPO is up to ₹16.56 Cr. The final issue price of Innomet Advanced Materials IPO is ₹100.00 per share and of Shubhshree Biofuels Energy IPO is ₹119.00 per share.

	Innomet Advanced Materials IPO	Shubhshree Biofuels Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹113.00 per share
Issue Price (Upper)		₹119.00 per share
Issue Price (Final)	₹100.00 per share	₹119.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	34,23,600 shares	13,92,000 shares
Fresh Issue Size (Amount)	up to ₹34.24 Cr	up to ₹16.56 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,23,600 shares	13,92,000 shares
Issue Size Total (Amount)	up to ₹34.24 Cr	up to ₹16.56 Cr

IPO Timetable

Innomet Advanced Materials IPO opens on Sep 11, 2024, while Shubhshree Biofuels Energy IPO opens on Sep 09, 2024. The closing date of Innomet Advanced Materials IPO and Shubhshree Biofuels Energy IPO is Sep 13, 2024, and Sep 11, 2024, respectively.

	Innomet Advanced Materials IPO	Shubhshree Biofuels Energy IPO
Anchor Bid Date		Sep 06, 2024
Issue Open	Sep 11, 2024	Sep 09, 2024
Issue Close	Sep 13, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 16, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 17, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 17, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 18, 2024	Sep 16, 2024
Anchor Lockin End date 1		Oct 12, 2024
Anchor Lockin End date 2		Dec 11, 2024

Financials

Innomet Advanced Materials IPO P/E ratio is 37.78, as compared to Shubhshree Biofuels Energy IPO P/E ratio of 13.89.

Innomet Advanced Materials IPO

Shubhshree Biofuels Energy IPO

Financial

Innomet Advanced Materials Limited Financial Information (Restated)

Innomet Advanced Materials Limited's revenue increased by 9% and profit after tax (PAT) dropped by -22% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,416.76	1,213.68	974.01
Revenue	2,955.45	2,714.78	2,240.35
Profit After Tax	251.91	321.55	55.17
Net Worth	1,472	705.94	379.78
Reserves and Surplus	520.35	417.62	91.46
Total Borrowing	1,331.29	1,209.5	981.51
Amount in ₹ Lakhs

Shubhshree Biofuels Energy Limited Financial Information (Restated)

Shubhshree Biofuels Energy Limited's revenue increased by 59% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,396.84	593.12	185.61
Revenue	9,488.32	5,971.24	791.83
Profit After Tax	329.77	242.38	27.46
Net Worth	711.27	256.5	14.12
Reserves and Surplus	326.27	255.5	13.12
Total Borrowing	60.66	91.06	48.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

74.52%

100.00%

Promoter Shareholding (Post-Issue)

54.80%

73.45%

P/E Ratio

37.78

13.89

Market Cap

₹129.40 Cr.

₹62.38 Cr.

ROE

21.37%%

68.15%%

ROCE

16.27%%

61.67%%

Debt/Equity

1.27

0.09

EPS

₹2.65

₹8.57

RoNW

17.11%%

46.36%%

Shares Offered

In the Innomet Advanced Materials IPO retail investors (RII) are offered 16,26,000 shares while in Shubhshree Biofuels Energy IPO retail investors are offered 16,26,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Innomet Advanced Materials IPO and 2,33,900 shares in Shubhshree Biofuels Energy IPO.

	Innomet Advanced Materials IPO	Shubhshree Biofuels Energy IPO
Anchor Investor Reserveration		3,93,600 shares
Market Maker Reserveration	1,71,600 shares	72,000 shares
QIB	0 shares	2,33,900 shares
NII	16,26,000 shares	1,99,200 shares
RII	16,26,000 shares	4,63,200 shares
Employee	0 shares	0 shares
Others
Total	32,52,000 shares	8,96,300 shares

Bids Received (Subscription)

Innomet Advanced Materials IPO subscribed 323.92x in total, whereas Shubhshree Biofuels Energy IPO subscribed 132.89x.

	Innomet Advanced Materials IPO	Shubhshree Biofuels Energy IPO
QIB (times)		31.32x
NII (times)	367.77x	245.74x
Big NII (times)
Small NII (times)
RII (times)	226.97x	135.65x
Employee (times)
Other (times)
Total (times)	323.92x	132.89x

Compare with others

Innomet Advanced Materials IPO	Shubhshree Biofuels Energy IPO
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Deccan Transcon Leasing IPO	Gajanand International IPO
Envirotech Systems IPO	Innomet Advanced Materials IPO
Trafiksol ITS Technologies IPO	SPP Polymer IPO
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SPP Polymer IPO	Aditya Ultra Steel IPO
Share Samadhan IPO	Vision Infra Equipment Solutions IPO
Shubhshree Biofuels Energy IPO	Naturewings Holidays IPO
Aditya Ultra Steel IPO	My Mudra Fincorp IPO
Vision Infra Equipment Solutions IPO	Namo eWaste Management IPO

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