Shivam Chemicals IPO vs Storage Technologies Racks and Rollers IPO

Comparision between Shivam Chemicals IPO and Storage Technologies Racks and Rollers IPO.

IPO Details

Shivam Chemicals IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Storage Technologies Racks and Rollers IPO is a SME Book Built Issue proposed to list at BSE SME.

	Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Oneview Corporate Advisors Private Limited
Registrar	Cameo Corporate Services Limited	Integrated Registry Management Services Private Limited
Market Maker	Shreni Shares Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Shivam Chemicals IPO is up to ₹20.18 Cr whereas the issue size of the Storage Technologies Racks and Rollers IPO is up to ₹29.95 Cr. The final issue price of Shivam Chemicals IPO is ₹44.00 per share and of Storage Technologies Racks and Rollers IPO is ₹78.00 per share.

	Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹73.00 per share
Issue Price (Upper)		₹78.00 per share
Issue Price (Final)	₹44.00 per share	₹78.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	45,87,000 shares	38,40,000 shares
Fresh Issue Size (Amount)	up to ₹20.18 Cr	up to ₹29.95 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,87,000 shares	38,40,000 shares
Issue Size Total (Amount)	up to ₹20.18 Cr	up to ₹29.95 Cr

IPO Timetable

Shivam Chemicals IPO opens on Apr 23, 2024, while Storage Technologies Racks and Rollers IPO opens on Apr 30, 2024. The closing date of Shivam Chemicals IPO and Storage Technologies Racks and Rollers IPO is Apr 25, 2024, and May 03, 2024, respectively.

	Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
Anchor Bid Date		Apr 29, 2024
Issue Open	Apr 23, 2024	Apr 30, 2024
Issue Close	Apr 25, 2024	May 03, 2024
Basis Of Allotment (Tentative)	Apr 26, 2024	May 06, 2024
Initiation of Refunds (Tentative)	Apr 29, 2024	May 07, 2024
Credit of Share (Tentative)	Apr 29, 2024	May 07, 2024
Listing date (Tentative)	Apr 30, 2024	May 08, 2024
Anchor Lockin End date 1		Jun 05, 2024
Anchor Lockin End date 2		Aug 04, 2024

Financials

Shivam Chemicals IPO P/E ratio is 15.26, as compared to Storage Technologies Racks and Rollers IPO P/E ratio of 48.45.

Shivam Chemicals IPO

Storage Technologies Racks and Rollers IPO

Financial

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

Storage Technologies & Automation Ltd Financial Information (Restated Consolidated)

Storage Technologies & Automation Ltd's revenue increased by 16.42% and profit after tax (PAT) rose by 335.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,375.77	4,004.01	3,567.70	3,113.04
Revenue	5,317.09	8,137.12	6,989.72	4,852.38
Profit After Tax	358.91	48.30	-20.49	118.42
Net Worth	953.52	594.61	546.31	566.81
Reserves and Surplus	653.52	294.61	246.31	466.81
Total Borrowing	1,632.53	931.63	871.10	347.48
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

100.00%

Promoter Shareholding (Post-Issue)

73.00%

70.09%

P/E Ratio

15.26

48.45

Market Cap

₹74.74 Cr.

ROE

5.13%%

46.37%%

ROCE

6.19%%

22.52%%

Debt/Equity

1.17

EPS

₹2.88

₹11.96

RoNW

5.06%%

37.64%%

Shares Offered

In the Shivam Chemicals IPO retail investors (RII) are offered 21,78,000 shares while in Storage Technologies Racks and Rollers IPO retail investors are offered 21,78,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Shivam Chemicals IPO and 7,28,000 shares in Storage Technologies Racks and Rollers IPO.

	Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
Anchor Investor Reserveration		10,89,600 shares
Market Maker Reserveration	2,31,000 shares	2,00,000 shares
QIB	0 shares	7,28,000 shares
NII	21,78,000 shares	5,47,200 shares
RII	21,78,000 shares	12,75,200 shares
Employee	0 shares	0 shares
Others
Total	43,56,000 shares	25,50,400 shares

Bids Received (Subscription)

Shivam Chemicals IPO subscribed 6.61x in total, whereas Storage Technologies Racks and Rollers IPO subscribed 278.82x.

	Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
QIB (times)		117.86x
NII (times)	4.33x	577.02x
Big NII (times)
Small NII (times)
RII (times)	8.88x	242.74x
Employee (times)
Other (times)
Total (times)	6.61x	278.82x

Compare with others

Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
Sai Swami Metals and Alloys IPO	Refractory Shapes IPO
Amkay Products IPO	Winsol Engineers IPO
Storage Technologies Racks and Rollers IPO	Slone Infosystems IPO
Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
ABS Marine Services IPO	Amkay Products IPO
Varyaa Creations IPO	Mandeep Auto Industries IPO
Faalcon Concepts IPO	ABS Marine Services IPO
Emmforce Autotech IPO	Shivam Chemicals IPO
Birdy's IPO	Varyaa Creations IPO
Greenhitech Ventures IPO	Faalcon Concepts IPO

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