Essen Speciality Films IPO vs Greenchef Appliances IPO

Comparision between Essen Speciality Films IPO and Greenchef Appliances IPO.

IPO Details

Essen Speciality Films IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Greenchef Appliances IPO is a SME Book Built Issue proposed to list at NSE SME.

	Essen Speciality Films IPO	Greenchef Appliances 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	GYR Capital Advisors Private Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Smc Global Securities Ltd.	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 Essen Speciality Films IPO is up to ₹66.33 Cr whereas the issue size of the Greenchef Appliances IPO is up to ₹53.62 Cr. The final issue price of Essen Speciality Films IPO is ₹107.00 per share and of Greenchef Appliances IPO is ₹87.00 per share.

	Essen Speciality Films IPO	Greenchef Appliances IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹101.00 per share	₹82.00 per share
Issue Price (Upper)	₹107.00 per share	₹87.00 per share
Issue Price (Final)	₹107.00 per share	₹87.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	46,99,200 shares	61,63,200 shares
Fresh Issue Size (Amount)	up to ₹50.58 Cr	up to ₹53.62 Cr
OFS Issue Size	15,00,000 shares
OFS Issue Size (Amount)	up to ₹16.05 Cr
Issue Size Total	61,99,200 shares	61,63,200 shares
Issue Size Total (Amount)	up to ₹66.33 Cr	up to ₹53.62 Cr

IPO Timetable

Essen Speciality Films IPO opens on Jun 23, 2023, while Greenchef Appliances IPO opens on Jun 23, 2023. The closing date of Essen Speciality Films IPO and Greenchef Appliances IPO is Jun 27, 2023, and Jun 27, 2023, respectively.

	Essen Speciality Films IPO	Greenchef Appliances IPO
Anchor Bid Date	Jun 22, 2023	Jun 22, 2023
Issue Open	Jun 23, 2023	Jun 23, 2023
Issue Close	Jun 27, 2023	Jun 27, 2023
Basis Of Allotment (Tentative)	Jul 03, 2023	Jul 03, 2023
Initiation of Refunds (Tentative)	Jul 04, 2023	Jul 04, 2023
Credit of Share (Tentative)	Jul 05, 2023	Jul 05, 2023
Listing date (Tentative)	Jul 06, 2023	Jul 06, 2023
Anchor Lockin End date 1	Aug 02, 2023	Aug 02, 2023
Anchor Lockin End date 2	Oct 01, 2023	Oct 01, 2023

Financials

Essen Speciality Films IPO P/E ratio is 16.5, as compared to Greenchef Appliances IPO P/E ratio of 14.87.

Essen Speciality Films IPO

Greenchef Appliances IPO

Financial

Essen Speciality Films Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	10,440.24	9,680.78	913.73	6,707.76	6,607.76	1,541.36
31-Mar-22	11,859.28	11,857.17	516.90	7,224.65	5,624.66	2,583.00
31-Mar-23	10,970.82	12,048.09	1,337.23	8,561.89	6,961.89	657.40
Amount in ₹ Lakhs

Greenchef Appliances Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	12,562.89	23,807.17	117.26	4,854.57	4,498.14	3,916.06
31-Mar-21	14,223.39	23,929.33	257.10	5,093.27	4,736.84	5,182.39
31-Mar-22	17,953.59	33,704.52	82.09	5,170.68	4,814.25	6,682.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

70%

73.52%

P/E Ratio

16.5

14.87

Market Cap

₹220.00 Cr.

₹202.47 Cr.

ROE

17.08%%

18.19%%

ROCE

12.19%%

12.52%%

Debt/Equity

0.08

0.99

EPS

₹8.36

₹5.97

RoNW

15.62%%

16.85%%

Shares Offered

In the Essen Speciality Films IPO retail investors (RII) are offered 20,61,600 shares while in Greenchef Appliances IPO retail investors are offered 20,61,600 shares. Qualified institutional buyers (QIB) are offered 11,77,200 shares in Essen Speciality Films IPO and 29,23,200 shares in Greenchef Appliances IPO.

	Essen Speciality Films IPO	Greenchef Appliances IPO
Anchor Investor Reserveration	17,65,200 shares	17,52,000 shares
Market Maker Reserveration	3,10,800 shares	3,12,000 shares
QIB	11,77,200 shares	29,23,200 shares
NII	8,84,400 shares	8,78,000 shares
RII	20,61,600 shares	20,49,600 shares
Employee	0 shares	0 shares
Others
Total	41,23,200 shares	58,51,200 shares

Bids Received (Subscription)

Essen Speciality Films IPO subscribed 71.03x in total, whereas Greenchef Appliances IPO subscribed 44.89x.

	Essen Speciality Films IPO	Greenchef Appliances IPO
QIB (times)	45.26x	17.11x
NII (times)	112.21x	96.01x
Big NII (times)
Small NII (times)
RII (times)	68.07x	62.63x
Employee (times)
Other (times)
Total (times)	71.03x	44.89x

Compare with others

Essen Speciality Films IPO	Greenchef Appliances IPO
Greenchef Appliances IPO	Synoptics Technologies IPO
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Aatmaj Healthcare IPO	Magson IPO
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Cell Point (India) IPO	Pentagon Rubber IPO
Bizotic Commercial IPO	Kaka Industries IPO
Urban Enviro Waste Management IPO	Aatmaj Healthcare IPO
Cosmic CRF IPO	Essen Speciality Films IPO

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