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Arvind and Company Shipping Agencies IPO vs Shanthala FMCG Products IPO

Comparision between Arvind and Company Shipping Agencies IPO and Shanthala FMCG Products IPO.

IPO Details

Arvind and Company Shipping Agencies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shanthala FMCG Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Arvind and Company Shipping Agencies IPO Shanthala FMCG Products IPO
Logo Arvind and Company Shipping Agencies IPO Logo Shanthala FMCG Products 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 Beeline Capital Advisors Pvt Ltd First Overseas Capital Limited
Registrar Skyline Financial Services Private Ltd Bigshare Services Pvt Ltd
Market Maker Spread X Securities Private Limited Bhh Securities 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 Arvind and Company Shipping Agencies IPO is up to ₹14.74 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹16.07 Cr. The final issue price of Arvind and Company Shipping Agencies IPO is ₹45.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

  Arvind and Company Shipping Agencies IPO Shanthala FMCG Products IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹45.00 per share ₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 3000 shares 1200 shares
Fresh Issue Size 32,76,000 shares 17,66,400 shares
Fresh Issue Size (Amount) up to ₹14.74 Cr up to ₹16.07 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 32,76,000 shares 17,66,400 shares
Issue Size Total (Amount) up to ₹14.74 Cr up to ₹16.07 Cr

IPO Timetable

Arvind and Company Shipping Agencies IPO opens on Oct 12, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of Arvind and Company Shipping Agencies IPO and Shanthala FMCG Products IPO is Oct 16, 2023, and Oct 31, 2023, respectively.

  Arvind and Company Shipping Agencies IPO Shanthala FMCG Products IPO
Anchor Bid Date
Issue Open Oct 12, 2023 Oct 27, 2023
Issue Close Oct 16, 2023 Oct 31, 2023
Basis Of Allotment (Tentative) Oct 19, 2023 Nov 03, 2023
Initiation of Refunds (Tentative) Oct 20, 2023 Nov 06, 2023
Credit of Share (Tentative) Oct 23, 2023 Nov 07, 2023
Listing date (Tentative) Oct 25, 2023 Nov 03, 2023
Anchor Lockin End date 1 Nov 18, 2023 Dec 03, 2023
Anchor Lockin End date 2 Jan 17, 2024 Feb 01, 2024

Financials

Arvind and Company Shipping Agencies IPO P/E ratio is 9.74, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.

  Arvind and Company Shipping Agencies IPO Shanthala FMCG Products IPO
Financial

Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)

Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets3,381.181,860.94578.46
Revenue841.10331.4452.51
Profit After Tax347.12100.2823.75
Net Worth914.05566.92467.61
Reserves and Surplus913.05565.92466.61
Total Borrowing2,232.211,221.04105.84
Amount in ₹ Lakhs

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets827.32657.21615.79569.67
Revenue1,585.584,077.253,254.573,955.67
Profit After Tax10.1517.734.5214.41
Net Worth549.32143.22125.49120.97
Reserves and Surplus56.1593.2275.4970.97
Total Borrowing
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100% 77.44
Promoter Shareholding (Post-Issue) 73% 57.019
P/E Ratio 9.74 25.66
Market Cap ₹54.62 Cr. ₹60.95 Cr.
ROE 46.88%% 12.38%%
ROCE 37.44%% 19%%
Debt/Equity 2.44 3.12
EPS ₹4.62 ₹3.55
RoNW 46.88%% 12.38%%

Shares Offered

In the Arvind and Company Shipping Agencies IPO retail investors (RII) are offered 15,54,000 shares while in Shanthala FMCG Products IPO retail investors are offered 15,54,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arvind and Company Shipping Agencies IPO and 0 shares in Shanthala FMCG Products IPO.

  Arvind and Company Shipping Agencies IPO Shanthala FMCG Products IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,68,000 shares 88,800 shares
QIB 0 shares 0 shares
NII 15,54,000 shares 8,38,800 shares
RII 15,54,000 shares 8,38,800 shares
Employee 0 shares 0 shares
Others
Total 31,08,000 shares 16,77,600 shares

Bids Received (Subscription)

Arvind and Company Shipping Agencies IPO subscribed 385.03x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.

  Arvind and Company Shipping Agencies IPO Shanthala FMCG Products IPO
QIB (times)
NII (times) 436.05x 4.76x
Big NII (times)
Small NII (times)
RII (times) 321.97x 3.05x
Employee (times)
Other (times)
Total (times) 385.03x 3.91x

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