City Crops Agro IPO vs Sharp Chucks IPO

Comparison between City Crops Agro IPO and Sharp Chucks IPO.

IPO Details

City Crops Agro IPO is a SME Fixed Price IPO proposed to list at BSE 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 City Crops Agro IPO is up to ₹14.25 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of City Crops Agro IPO is ₹25.00 per share and of Sharp Chucks IPO is ₹58.00 per share.

 City Crops Agro IPOSharp Chucks IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹58.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size57,00,000 shares8,27,484 shares
Fresh Issue Size (Amount)up to ₹14.25 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 Total57,00,000 shares27,56,000 shares
Issue Size Total (Amount)up to ₹14.25 Crup to ₹15.98 Cr

IPO Timetable

City Crops Agro IPO opens on Sep 26, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of City Crops Agro IPO and Sharp Chucks IPO is Sep 29, 2023, and Oct 05, 2023, respectively.

 City Crops Agro IPOSharp Chucks IPO
Issue OpenSep 26, 2023Sep 29, 2023
Issue CloseSep 29, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 05, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 06, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 09, 2023Oct 11, 2023
Listing date (Tentative)Oct 10, 2023Oct 12, 2023

Financials & KPIs

City Crops Agro IPO P/E ratio is 22.03, as compared to Sharp Chucks IPO P/E ratio of 11.2.

 City Crops Agro IPOSharp Chucks IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets14.0312.992.47
Total Income24.6217.763.49
Profit After Tax1.170.480.04
NET Worth11.9410.770.05
Reserves and Surplus1.630.450.04
Total Borrowing0.020.050.01
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)86.51%80.28%
Promoter Shareholding (Post-Issue)54.7%73.01%
P/E Ratio22.0311.2
Market Cap₹40.79 Cr.₹62.41 Cr.
ROE10.17
ROCE11.00
Debt/Equity1.73
EPS₹1.13₹5.18
RoNW9.809.68

Shares Offered

In the City Crops Agro IPO Retail Individual Investors (RII) are offered 28,50,000 shares while in Sharp Chucks IPO retail investors are offered 28,50,000 shares. Qualified Institutional Buyers (QIB) are offered in City Crops Agro IPO and 0 shares in Sharp Chucks IPO.

 City Crops Agro IPOSharp Chucks IPO
Anchor Investor Reservation0 shares
Market Maker Reservation3,00,000 shares1,48,000 shares
QIB0 shares
NII28,50,000 shares13,78,000 shares
RII28,50,000 shares13,78,000 shares
Employee0 shares
Total57,00,000 shares27,56,000 shares

Bids Received (Subscription)

City Crops Agro IPO subscribed 3.47x in total, whereas Sharp Chucks IPO subscribed 51.23x.

 City Crops Agro IPOSharp Chucks IPO
NII (times)2.15x38.76x
RII (times)4.78x63.69x
Total (times)3.47x51.23x

Compare with others

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City Crops Agro IPO Vs Sharp Chucks IPO