Positron Energy IPO vs Sunlite Recycling Industries IPO

Comparision between Positron Energy IPO and Sunlite Recycling Industries IPO.

IPO Details

Positron Energy IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sunlite Recycling Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	Positron Energy IPO	Sunlite Recycling Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Hem Securities Limited
Registrar	Link Intime India Private Ltd	Cameo Corporate Services Limited
Market Maker	Spread X Securities Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Positron Energy IPO is up to ₹51.21 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹30.24 Cr. The final issue price of Positron Energy IPO is ₹250.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.

	Positron Energy IPO	Sunlite Recycling Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹238.00 per share	₹100.00 per share
Issue Price (Upper)	₹250.00 per share	₹105.00 per share
Issue Price (Final)	₹250.00 per share	₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1200 shares
Fresh Issue Size	20,48,400 shares	28,80,000 shares
Fresh Issue Size (Amount)	up to ₹51.21 Cr	up to ₹30.24 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹0.00 Cr
Issue Size Total	20,48,400 shares	28,80,000 shares
Issue Size Total (Amount)	up to ₹51.21 Cr	up to ₹30.24 Cr

IPO Timetable

Positron Energy IPO opens on Aug 12, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of Positron Energy IPO and Sunlite Recycling Industries IPO is Aug 14, 2024, and Aug 14, 2024, respectively.

	Positron Energy IPO	Sunlite Recycling Industries IPO
Anchor Bid Date	Aug 09, 2024	Aug 09, 2024
Issue Open	Aug 12, 2024	Aug 12, 2024
Issue Close	Aug 14, 2024	Aug 14, 2024
Basis Of Allotment (Tentative)	Aug 16, 2024	Aug 16, 2024
Initiation of Refunds (Tentative)	Aug 19, 2024	Aug 19, 2024
Credit of Share (Tentative)	Aug 19, 2024	Aug 19, 2024
Listing date (Tentative)	Aug 20, 2024	Aug 20, 2024
Anchor Lockin End date 1	Sep 15, 2024	Sep 15, 2024
Anchor Lockin End date 2	Nov 14, 2024	Nov 14, 2024

Financials

Positron Energy IPO P/E ratio is 15.79, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.

Positron Energy IPO

Sunlite Recycling Industries IPO

Financial

Positron Energy Limited Financial Information (Restated Consolidated)

Positron Energy Limited's revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% 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	3,789.02	2,476.25	938.90
Revenue	13,541.76	5,202.61	896.85
Profit After Tax	878.78	212.80	57.98
Net Worth	1,489.26	566.87	354.45
Reserves and Surplus	934.06	532.17	319.75
Total Borrowing	1,027.90	741.81	368.33
Amount in ₹ Lakhs

Sunlite Recycling Industries Limited Financial Information (Restated)

Sunlite Recycling Industries Limited's revenue increased by 1.4% and profit after tax (PAT) rose by 58.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,321.24	7,162.56	4,802.05	3,743.20
Revenue	116,655.09	115,039.91	93,791.80	39,400.84
Profit After Tax	890.36	560.27	426.03	252.55
Net Worth	2,003.90	362.08	1,158.58	622.18
Reserves and Surplus	1,203.90	312.08
Total Borrowing	3,491.74	4,646.82	2,532.38	1,711.39
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.56%

100.00%

Promoter Shareholding (Post-Issue)

72.00%

73.53%

P/E Ratio

15.79

9.43

Market Cap

₹190.01 Cr.

₹114.24 Cr.

ROE

0.85%%

75.26%%

ROCE

0.62%%

29.49%%

Debt/Equity

0.69

1.74

EPS

₹15.83

₹11.13

RoNW

59.01%%

44.43%%

Shares Offered

In the Positron Energy IPO retail investors (RII) are offered 6,81,600 shares while in Sunlite Recycling Industries IPO retail investors are offered 6,81,600 shares. Qualified institutional buyers (QIB) are offered 3,88,800 shares in Positron Energy IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.

	Positron Energy IPO	Sunlite Recycling Industries IPO
Anchor Investor Reserveration	5,83,200 shares	8,18,400 shares
Market Maker Reserveration	1,02,600 shares	1,48,800 shares
QIB	3,88,800 shares	5,46,000 shares
NII	2,92,200 shares	4,10,400 shares
RII	6,81,600 shares	9,56,400 shares
Employee	0 shares	0 shares
Others
Total	13,62,600 shares	19,12,800 shares

Bids Received (Subscription)

Positron Energy IPO subscribed 414.86x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.

	Positron Energy IPO	Sunlite Recycling Industries IPO
QIB (times)	231.41x	109.05x
NII (times)	805.84x	584.10x
Big NII (times)
Small NII (times)
RII (times)	351.90x	252.00x
Employee (times)
Other (times)
Total (times)	414.86x	282.45x

Compare with others

Positron Energy IPO	Sunlite Recycling Industries IPO
Forcas Studio IPO	QVC Exports IPO
Solve Plastic Products IPO	Forcas Studio IPO
Broach Lifecare Hospital IPO	Solve Plastic Products IPO
Brace Port Logistics IPO	Broach Lifecare Hospital IPO
Sunlite Recycling Industries IPO	Brace Port Logistics IPO
Aesthetik Engineers IPO	Positron Energy IPO
Picture Post Studios IPO	Aesthetik Engineers IPO
Afcom Holdings IPO	Picture Post Studios IPO
Dhariwalcorp IPO	Afcom Holdings IPO
Utssav Cz Gold Jewels IPO	Dhariwalcorp IPO

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