Plada Infotech IPO vs Sharp Chucks IPO

Comparison between Plada Infotech IPO and Sharp Chucks IPO.

IPO Details

Plada Infotech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sharp Chucks IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Plada Infotech IPO is up to ₹11.74 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of Plada Infotech IPO is ₹48.00 per share and of Sharp Chucks IPO is ₹58.00 per share.

 Plada Infotech IPOSharp Chucks IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹48.00 per share₹58.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size24,45,000 shares8,27,484 shares
Fresh Issue Size (Amount)up to ₹11.74 Crup to ₹4.80 Cr
OFS Issue Size0 shares19,28,516 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.19 Cr
Issue Size Total24,45,000 shares27,56,000 shares
Issue Size Total (Amount)up to ₹11.74 Crup to ₹15.98 Cr

IPO Timetable

Plada Infotech IPO opens on Sep 29, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of Plada Infotech IPO and Sharp Chucks IPO is Oct 05, 2023, and Oct 05, 2023, respectively.

 Plada Infotech IPOSharp Chucks IPO
Issue OpenSep 29, 2023Sep 29, 2023
Issue CloseOct 05, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 09, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 10, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 11, 2023Oct 11, 2023
Listing date (Tentative)Oct 13, 2023Oct 12, 2023

Financials & KPIs

Plada Infotech IPO P/E ratio is 12.31, as compared to Sharp Chucks IPO P/E ratio of 11.2.

 Plada Infotech IPOSharp Chucks IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets28.1127.2027.6027.11
Total Income62.7548.8744.6150.68
Profit After Tax2.341.100.671.20
NET Worth7.535.184.083.43
Reserves and Surplus5.534.984.073.42
Total Borrowing16.5417.7219.5319.90
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets180.04183.92133.98
Total Income179.31152.52135.83
Profit After Tax5.074.533.31
NET Worth52.3547.2842.76
Reserves and Surplus42.5637.5032.97
Total Borrowing90.34102.6963.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.5%80.28%
Promoter Shareholding (Post-Issue)62.64%73.01%
P/E Ratio12.3111.2
Market Cap₹41.16 Cr.₹62.41 Cr.
ROE3710.17
ROCE2111.00
Debt/Equity2.201.73
EPS₹3.90₹5.18
RoNW31.079.68

Shares Offered

In the Plada Infotech IPO Retail Individual Investors (RII) are offered 12,22,500 shares while in Sharp Chucks IPO retail investors are offered 12,22,500 shares. Qualified Institutional Buyers (QIB) are offered in Plada Infotech IPO and 0 shares in Sharp Chucks IPO.

 Plada Infotech IPOSharp Chucks IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,29,000 shares1,48,000 shares
QIB0 shares
NII12,22,500 shares13,78,000 shares
RII12,22,500 shares13,78,000 shares
Employee0 shares
Total24,45,000 shares27,56,000 shares

Bids Received (Subscription)

Plada Infotech IPO subscribed 56.79x in total, whereas Sharp Chucks IPO subscribed 51.23x.

 Plada Infotech IPOSharp Chucks IPO
NII (times)39.81x38.76x
RII (times)73.78x63.69x
Total (times)56.79x51.23x

Compare with others

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Plada Infotech IPO Vs Sharp Chucks IPO