Greenhitech Ventures IPO vs Shivam Chemicals IPO

Comparision between Greenhitech Ventures IPO and Shivam Chemicals IPO.

IPO Details

Greenhitech Ventures IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shivam Chemicals IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Greenhitech Ventures IPO	Shivam Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Aryaman Financial Services Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
Market Maker	Spread X Securities Private Limited	Shreni Shares 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 Greenhitech Ventures IPO is up to ₹6.30 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹20.18 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

	Greenhitech Ventures IPO	Shivam Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹44.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size	12,60,000 shares	45,87,000 shares
Fresh Issue Size (Amount)	up to ₹6.30 Cr	up to ₹20.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,60,000 shares	45,87,000 shares
Issue Size Total (Amount)	up to ₹6.30 Cr	up to ₹20.18 Cr

IPO Timetable

Greenhitech Ventures IPO opens on Apr 12, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Greenhitech Ventures IPO and Shivam Chemicals IPO is Apr 16, 2024, and Apr 25, 2024, respectively.

	Greenhitech Ventures IPO	Shivam Chemicals IPO
Anchor Bid Date
Issue Open	Apr 12, 2024	Apr 23, 2024
Issue Close	Apr 16, 2024	Apr 25, 2024
Basis Of Allotment (Tentative)	Apr 18, 2024	Apr 26, 2024
Initiation of Refunds (Tentative)	Apr 19, 2024	Apr 29, 2024
Credit of Share (Tentative)	Apr 19, 2024	Apr 29, 2024
Listing date (Tentative)	Apr 22, 2024	Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

Greenhitech Ventures IPO

Shivam Chemicals IPO

Financial

Greenhitech Ventures Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,677.75	2,708.06	3,188.77	2,378.58
Revenue	335.67	2,504.35	6,611.58	4,007.69
Profit After Tax	35.64	57.23	135.14	24.39
Net Worth	456.64	315.45	322.45	140.99
Reserves and Surplus	112.64
Total Borrowing	431.71	347.07	150.14	114.60
Amount in ₹ Lakhs

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	3,881.92	3,117.11
Revenue	10,710.70	15,658.34
Profit After Tax	70.79	357.44
Net Worth	1,399.64	1,328.35
Reserves and Surplus	159.64	1,288.85
Total Borrowing	1,638.20	1,351.37
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

73.19%

73.00%

P/E Ratio

30.05

15.26

Market Cap

₹23.50 Cr.

₹74.74 Cr.

ROE

8.17%%

5.13%%

ROCE

17.19%%

6.19%%

Debt/Equity

0.95

1.17

EPS

₹1.66

₹2.88

RoNW

7.80%%

5.06%%

Shares Offered

In the Greenhitech Ventures IPO retail investors (RII) are offered 5,97,000 shares while in Shivam Chemicals IPO retail investors are offered 5,97,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Greenhitech Ventures IPO and 0 shares in Shivam Chemicals IPO.

	Greenhitech Ventures IPO	Shivam Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration	66,000 shares	2,31,000 shares
QIB	0 shares	0 shares
NII	5,97,000 shares	21,78,000 shares
RII	5,97,000 shares	21,78,000 shares
Employee	0 shares	0 shares
Others
Total	11,94,000 shares	43,56,000 shares

Bids Received (Subscription)

Greenhitech Ventures IPO subscribed 769.95x in total, whereas Shivam Chemicals IPO subscribed 6.61x.

	Greenhitech Ventures IPO	Shivam Chemicals IPO
QIB (times)
NII (times)	921.60x	4.33x
Big NII (times)
Small NII (times)
RII (times)	597.41x	8.88x
Employee (times)
Other (times)
Total (times)	769.95x	6.61x

Compare with others

Greenhitech Ventures IPO	Shivam Chemicals IPO
Shivam Chemicals IPO	Sai Swami Metals and Alloys IPO
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Faalcon Concepts IPO	Storage Technologies Racks and Rollers IPO
Emmforce Autotech IPO	Mandeep Auto Industries IPO
Birdy's IPO	ABS Marine Services IPO
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Ramdevbaba Solvent IPO	Faalcon Concepts IPO
Teerth Gopicon IPO	Emmforce Autotech IPO
DCG Cables & Wires IPO	Birdy's IPO
Creative Graphics Solutions India IPO	Greenhitech Ventures IPO

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