Shelter Pharma IPO vs Sungarner Energies IPO

Comparison between Shelter Pharma IPO and Sungarner Energies IPO.

IPO Details

Shelter Pharma IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Shelter Pharma IPO is up to ₹15.22 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Shelter Pharma IPO is ₹42.00 per share and of Sungarner Energies IPO is ₹83.00 per share.

 Shelter Pharma IPOSungarner Energies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹42.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1600 shares
Fresh Issue Size36,24,000 shares5,82,400 shares
Fresh Issue Size (Amount)up to ₹15.22 Crup to ₹4.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,24,000 shares5,82,400 shares
Issue Size Total (Amount)up to ₹15.22 Crup to ₹4.83 Cr

IPO Timetable

Shelter Pharma IPO opens on Aug 10, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Shelter Pharma IPO and Sungarner Energies IPO is Aug 14, 2023, and Aug 23, 2023, respectively.

 Shelter Pharma IPOSungarner Energies IPO
Issue OpenAug 10, 2023Aug 21, 2023
Issue CloseAug 14, 2023Aug 23, 2023
Basis Of Allotment (Tentative)Aug 18, 2023Aug 28, 2023
Initiation of Refunds (Tentative)Aug 21, 2023Aug 29, 2023
Credit of Share (Tentative)Aug 22, 2023Aug 30, 2023
Listing date (Tentative)Aug 23, 2023Aug 31, 2023

Financials & KPIs

Shelter Pharma IPO P/E ratio is 5.62, as compared to Sungarner Energies IPO P/E ratio of 13.07.

 Shelter Pharma IPOSungarner Energies IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets21.4512.8410.20
Total Income36.1630.0622.49
Profit After Tax5.781.84-0.24
NET Worth14.518.807.11
Reserves and Surplus6.778.446.67
Total Borrowing1.780.130.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets10.155.363.18
Total Income17.657.985.36
Profit After Tax0.740.580.16
NET Worth3.211.560.99
Reserves and Surplus1.531.100.52
Total Borrowing4.242.271.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)84.92%84.94%
Promoter Shareholding (Post-Issue)56.89%61.49%
P/E Ratio5.6213.07
Market Cap₹48.55 Cr.₹19.25 Cr.
ROE31.17
ROCE25.28
Debt/Equity1.32
EPS₹7.47₹6.35
RoNW39.8623.18

Shares Offered

In the Shelter Pharma IPO Retail Individual Investors (RII) are offered 18,12,000 shares while in Sungarner Energies IPO retail investors are offered 18,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Shelter Pharma IPO and in Sungarner Energies IPO.

 Shelter Pharma IPOSungarner Energies IPO
Market Maker Reservation1,92,000 shares57,600 shares
NII18,12,000 shares2,91,200 shares
RII18,12,000 shares2,91,200 shares
Total36,24,000 shares5,82,400 shares

Bids Received (Subscription)

Shelter Pharma IPO subscribed 14.43x in total, whereas Sungarner Energies IPO subscribed 151.76x.

 Shelter Pharma IPOSungarner Energies IPO
NII (times)6.58x110.59x
RII (times)22.28x192.93x
Total (times)14.43x151.76x

Compare with others

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Shelter Pharma IPO Vs Sungarner Energies IPO