FREE Account Opening + No Clearing Fees
Loading...

Italian Edibles IPO vs Polysil Irrigation Systems IPO

Comparision between Italian Edibles IPO and Polysil Irrigation Systems IPO.

IPO Details

Italian Edibles IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Polysil Irrigation Systems IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Italian Edibles IPO Polysil Irrigation Systems IPO
Logo Italian Edibles IPO Logo Polysil Irrigation Systems IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At NSE SME NSE SME
Lead Managers First Overseas Capital Limited Fedex Securities Pvt Ltd
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker Nikunj Stock Brokers Limited Market-Hub Stock Broking Private 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 Italian Edibles IPO is up to ₹26.66 Cr whereas the issue size of the Polysil Irrigation Systems IPO is up to ₹17.44 Cr. The final issue price of Italian Edibles IPO is ₹68.00 per share and of Polysil Irrigation Systems IPO is ₹54.00 per share.

  Italian Edibles IPO Polysil Irrigation Systems IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹68.00 per share ₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 2000 shares
Fresh Issue Size 39,20,000 shares 14,44,000 shares
Fresh Issue Size (Amount) up to ₹26.66 Cr up to ₹7.80 Cr
OFS Issue Size 17,85,000 shares
OFS Issue Size (Amount) up to ₹9.64 Cr
Issue Size Total 39,20,000 shares 32,29,000 shares
Issue Size Total (Amount) up to ₹26.66 Cr up to ₹17.44 Cr

IPO Timetable

Italian Edibles IPO opens on Feb 02, 2024, while Polysil Irrigation Systems IPO opens on Feb 08, 2024. The closing date of Italian Edibles IPO and Polysil Irrigation Systems IPO is Feb 07, 2024, and Feb 13, 2024, respectively.

  Italian Edibles IPO Polysil Irrigation Systems IPO
Anchor Bid Date
Issue Open Feb 02, 2024 Feb 08, 2024
Issue Close Feb 07, 2024 Feb 13, 2024
Basis Of Allotment (Tentative) Feb 08, 2024 Feb 14, 2024
Initiation of Refunds (Tentative) Feb 09, 2024 Feb 15, 2024
Credit of Share (Tentative) Feb 09, 2024 Feb 15, 2024
Listing date (Tentative) Feb 12, 2024 Feb 16, 2024
Anchor Lockin End date 1 Mar 09, 2024
Anchor Lockin End date 2 May 08, 2024

Financials

Italian Edibles IPO P/E ratio is 27.94, as compared to Polysil Irrigation Systems IPO P/E ratio of 47.08.

  Italian Edibles IPO Polysil Irrigation Systems IPO
Financial

Italian Edibles Limited Financial Information (Restated)

Italian Edibles Limited's revenue decreased by -16.1% and profit after tax (PAT) rose by 229.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,824.644,155.243,905.453,946.43
Revenue3,052.166,330.097,545.254,899.44
Profit After Tax209.68264.2180.2186.52
Net Worth1,287.921,078.24814.03583.82
Reserves and Surplus202.21906.82642.60433.82
Amount in ₹ Lakhs

Polysil Irrigation Systems Limited Financial Information (Restated)

Polysil Irrigation Systems Limited's revenue increased by 16.6% and profit after tax (PAT) rose by 236.39% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,671.495,531.464,616.804,178.47
Revenue1,019.744,392.493,767.215,471.58
Profit After Tax110.31113.5333.7564.81
Net Worth1,646.021,535.711,372.061,338.31
Reserves and Surplus656.31546.001,326.561,292.82
Total Borrowing1,566.171,547.251,494.961,104.83
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 33.79%
Promoter Shareholding (Post-Issue) 73.47% 29.49%
P/E Ratio 27.94 47.08
Market Cap ₹100.48 Cr. ₹61.24 Cr.
ROE 24.50%% 7.39%%
ROCE 19.32%% 12.81%%
Debt/Equity 1.6 1.01
EPS ₹2.43 ₹1.15
RoNW 24.50%% 7.39%%

Shares Offered

In the Italian Edibles IPO retail investors (RII) are offered 18,60,000 shares while in Polysil Irrigation Systems IPO retail investors are offered 18,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Italian Edibles IPO and 0 shares in Polysil Irrigation Systems IPO.

  Italian Edibles IPO Polysil Irrigation Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration 2,00,000 shares 1,64,000 shares
QIB 0 shares 0 shares
NII 18,60,000 shares 15,32,000 shares
RII 18,60,000 shares 15,32,000 shares
Employee 0 shares 0 shares
Others
Total 37,20,000 shares 30,64,000 shares

Bids Received (Subscription)

Italian Edibles IPO subscribed 154.43x in total, whereas Polysil Irrigation Systems IPO subscribed 6.88x.

  Italian Edibles IPO Polysil Irrigation Systems IPO
QIB (times)
NII (times) 177.37x 2.12x
Big NII (times)
Small NII (times)
RII (times) 120.62x 11.62x
Employee (times)
Other (times)
Total (times) 154.43x 6.88x

Comments

Add a public comment...