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Baba Food Processing IPO vs Sheetal Universal IPO

Comparision between Baba Food Processing IPO and Sheetal Universal IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sheetal Universal IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Baba Food Processing IPO Sheetal Universal IPO
Logo Baba Food Processing IPO Logo Sheetal Universal IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Fixed Price Issue
Listing At NSE SME NSE SME
Lead Managers Horizon Management Private Limited Beeline Capital Advisors Pvt Ltd
Registrar Mas Services Limited Bigshare Services Pvt Ltd
Market Maker Nikunj Stock Brokers Limited Spread X 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 Baba Food Processing IPO is up to ₹33.00 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹23.80 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Sheetal Universal IPO is ₹70.00 per share.

  Baba Food Processing IPO Sheetal Universal IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹72.00 per share
Issue Price (Upper) ₹76.00 per share
Issue Price (Final) ₹76.00 per share ₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1600 shares 2000 shares
Fresh Issue Size 43,42,105 shares 34,00,000 shares
Fresh Issue Size (Amount) up to ₹33.00 Cr up to ₹23.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 43,42,105 shares 34,00,000 shares
Issue Size Total (Amount) up to ₹33.00 Cr up to ₹23.80 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Baba Food Processing IPO and Sheetal Universal IPO is Nov 07, 2023, and Dec 06, 2023, respectively.

  Baba Food Processing IPO Sheetal Universal IPO
Anchor Bid Date
Issue Open Nov 03, 2023 Dec 04, 2023
Issue Close Nov 07, 2023 Dec 06, 2023
Basis Of Allotment (Tentative) Nov 10, 2023 Dec 07, 2023
Initiation of Refunds (Tentative) Nov 13, 2023 Dec 08, 2023
Credit of Share (Tentative) Nov 15, 2023 Dec 08, 2023
Listing date (Tentative) Nov 15, 2023 Dec 11, 2023
Anchor Lockin End date 1 Dec 10, 2023 Jan 06, 2024
Anchor Lockin End date 2 Feb 08, 2024 Mar 06, 2024

Financials

Baba Food Processing IPO P/E ratio is , as compared to Sheetal Universal IPO P/E ratio of 27.34.

  Baba Food Processing IPO Sheetal Universal IPO
Financial

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets6,980.336,811.545,467.804,583.95
Revenue4,138.7518,964.179,756.3010,769.55
Profit After Tax192.29503.44201.26198.14
Net Worth2,692.362,499.971,996.531,648.95
Reserves and Surplus1,492.262,019.971,516.531,168.95
Total Borrowing3,250.943,266.542,766.602,325.45
Amount in ₹ Lakhs

Sheetal Universal Limited Financial Information (Restated Consolidated)

Sheetal Universal Limited's revenue increased by 230.49% and profit after tax (PAT) rose by 602.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,370.032,804.021,602.821,272.15
Revenue5,826.9313,165.683,983.673,883.53
Profit After Tax187.67198.8528.3125.41
Net Worth1,046.89649.22450.37422.07
Reserves and Surplus241.29299.22100.3772.07
Total Borrowing1,463.221,356.24984.80625.07
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 99.99 95%
Promoter Shareholding (Post-Issue) 66.81%
P/E Ratio 27.34
Market Cap ₹124.20 Cr. ₹80.19 Cr.
ROE 20.14%% 36.17%%
ROCE 15.81%% 21.59%%
Debt/Equity 2.09
EPS ₹4.20 ₹2.56
RoNW 20.14%% 30.63%%

Shares Offered

In the Baba Food Processing IPO retail investors (RII) are offered 28,35,200 shares while in Sheetal Universal IPO retail investors are offered 28,35,200 shares. Qualified institutional buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 0 shares in Sheetal Universal IPO.

  Baba Food Processing IPO Sheetal Universal IPO
Anchor Investor Reserveration
Market Maker Reserveration 2,17,600 shares 1,72,000 shares
QIB 80,000 shares 0 shares
NII 11,93,600 shares 16,14,000 shares
RII 28,35,200 shares 16,14,000 shares
Employee 0 shares 0 shares
Others
Total 41,08,800 shares 32,28,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Sheetal Universal IPO subscribed 179.20x.

  Baba Food Processing IPO Sheetal Universal IPO
QIB (times) 147.02x
NII (times) 84.73x 212.55x
Big NII (times)
Small NII (times)
RII (times) 60.82x 129.73x
Employee (times)
Other (times)
Total (times) 69.44x 179.20x

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