Balaji Speciality Chemicals IPO vs Pyramid Technoplast IPO

Comparision between Balaji Speciality Chemicals IPO and Pyramid Technoplast IPO.

IPO Details

Balaji Speciality Chemicals IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Pyramid Technoplast IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Balaji Speciality Chemicals IPO	Pyramid Technoplast IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Hdfc Bank Limited Jm Financial Limited	Pnb Investment Services Ltd First Overseas Capital Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Balaji Speciality Chemicals IPO is whereas the issue size of the Pyramid Technoplast IPO is up to ₹153.05 Cr. The final issue price of Balaji Speciality Chemicals IPO is and of Pyramid Technoplast IPO is ₹166.00 per share.

	Balaji Speciality Chemicals IPO	Pyramid Technoplast IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)		₹151.00 per share
Issue Price (Upper)		₹166.00 per share
Issue Price (Final)		₹166.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size		90 shares
Fresh Issue Size		55,00,000 shares
Fresh Issue Size (Amount)	up to ₹250.00 Cr	up to ₹91.30 Cr
OFS Issue Size	2,60,00,000 shares	37,20,000 shares
OFS Issue Size (Amount)		up to ₹61.75 Cr
Issue Size Total		92,20,000 shares
Issue Size Total (Amount)		up to ₹153.05 Cr

IPO Timetable

Balaji Speciality Chemicals IPO opens on , while Pyramid Technoplast IPO opens on Aug 18, 2023. The closing date of Balaji Speciality Chemicals IPO and Pyramid Technoplast IPO is , and Aug 22, 2023, respectively.

	Balaji Speciality Chemicals IPO	Pyramid Technoplast IPO
Anchor Bid Date		Aug 17, 2023
Issue Open		Aug 18, 2023
Issue Close		Aug 22, 2023
Basis Of Allotment (Tentative)		Aug 25, 2023
Initiation of Refunds (Tentative)		Aug 28, 2023
Credit of Share (Tentative)		Aug 29, 2023
Listing date (Tentative)		Aug 29, 2023
Anchor Lockin End date 1		Sep 24, 2023
Anchor Lockin End date 2		Nov 23, 2023

Financials

Balaji Speciality Chemicals IPO P/E ratio is , as compared to Pyramid Technoplast IPO P/E ratio of 16.21.

Balaji Speciality Chemicals IPO

Pyramid Technoplast IPO

Financial

Balaji Speciality Chemicals IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	304.24	303.04	401.61	480.98
Revenue	54.12	175.88	516.04	798.74
Profit After Tax	-15.87	10.40	108.95	178.14
Net Worth	68.13	78.53	187.48	365.55
Reserves and Surplus	28.13	38.53	147.48	325.55
Total Borrowing	203.55	204.41	166.64

Amount in ₹ Crore

Pyramid Technoplast IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	153.46	183.76	225.78
Revenue	316.18	402.64	482.03
Profit After Tax	16.99	26.15	31.76
Net Worth	48.85	75.20	107.25
Reserves and Surplus	44.94	71.29	75.97
Total Borrowing	51.30	64.77	55.34

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.98%

100.00%

Promoter Shareholding (Post-Issue)

74.94%

P/E Ratio

16.21

Market Cap

₹611.00 Cr.

ROE

29.61%%

ROCE

21.37%%

Debt/Equity

EPS

₹10.24

RoNW

29.61%%

Shares Offered

In the Balaji Speciality Chemicals IPO retail investors (RII) are offered while in Pyramid Technoplast IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Balaji Speciality Chemicals IPO and 11,06,400 shares in Pyramid Technoplast IPO.

	Balaji Speciality Chemicals IPO	Pyramid Technoplast IPO
Anchor Investor Reserveration		16,59,600 shares
Market Maker Reserveration
QIB		11,06,400 shares
NII		18,44,000 shares
RII		46,10,000 shares
Employee		0 shares
Others
Total		75,60,400 shares

Bids Received (Subscription)

Balaji Speciality Chemicals IPO subscribed in total, whereas Pyramid Technoplast IPO subscribed 18.29x.

	Balaji Speciality Chemicals IPO	Pyramid Technoplast IPO
QIB (times)		9.94x
NII (times)		32.24x
Big NII (times)		33.81x
Small NII (times)		29.09x
RII (times)		14.72x
Employee (times)
Other (times)
Total (times)		18.29x

Compare with others

Balaji Speciality Chemicals IPO	Pyramid Technoplast IPO
Ratnaveer Precision Engineering IPO	Jupiter Life Line Hospitals IPO
Vishnu Prakash R Punglia IPO	Rishabh Instruments IPO
Aeroflex Industries IPO	Ratnaveer Precision Engineering IPO
Pyramid Technoplast IPO	Vishnu Prakash R Punglia IPO
India Shelter Finance IPO	Aeroflex Industries IPO
TVS Supply Chain Solutions IPO	India Shelter Finance IPO
Concord Biotech IPO	Balaji Speciality Chemicals IPO
SBFC Finance IPO	TVS Supply Chain Solutions IPO
Yatharth Hospital IPO	Concord Biotech IPO
Netweb Technologies India IPO	SBFC Finance IPO

Comments

Add a public comment...