Aelea Commodities IPO vs Sahaj Solar IPO

Comparison between Aelea Commodities IPO and Sahaj Solar IPO.

IPO Details

Aelea Commodities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sahaj Solar IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aelea Commodities IPO is up to ₹48.45 Cr whereas the issue size of the Sahaj Solar IPO is up to ₹49.89 Cr. The final issue price of Aelea Commodities IPO is ₹95.00 per share and of Sahaj Solar IPO is ₹180.00 per share.

 Aelea Commodities IPOSahaj Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹91.00 per share₹171.00 per share
Issue Price (Upper)₹95.00 per share₹180.00 per share
Issue Price (Final)₹95.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size1200 shares800 shares
Fresh Issue Size51,00,000 shares27,73,600 shares
Fresh Issue Size (Amount)up to ₹48.45 Crup to ₹49.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total51,00,000 shares27,73,600 shares
Issue Size Total (Amount)up to ₹48.45 Crup to ₹49.89 Cr

IPO Timetable

Aelea Commodities IPO opens on Jul 12, 2024, while Sahaj Solar IPO opens on Jul 11, 2024. The closing date of Aelea Commodities IPO and Sahaj Solar IPO is Jul 16, 2024, and Jul 15, 2024, respectively.

 Aelea Commodities IPOSahaj Solar IPO
Anchor Bid DateJul 11, 2024Jul 10, 2024
Issue OpenJul 12, 2024Jul 11, 2024
Issue CloseJul 16, 2024Jul 15, 2024
Basis Of Allotment (Tentative)Jul 18, 2024Jul 16, 2024
Initiation of Refunds (Tentative)Jul 19, 2024Jul 18, 2024
Credit of Share (Tentative)Jul 19, 2024Jul 18, 2024
Listing date (Tentative)Jul 22, 2024Jul 19, 2024
Anchor Lockin End date 1Aug 17, 2024Aug 15, 2024
Anchor Lockin End date 2Oct 16, 2024Oct 14, 2024

Financials & KPIs

Aelea Commodities IPO P/E ratio is 11.62, as compared to Sahaj Solar IPO P/E ratio of 10.86.

 Aelea Commodities IPOSahaj Solar IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 May 202431 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets116.41106.5398.7770.2850.41
Total Income27.58144.51110.14105.51475.95
Profit After Tax2.8012.221.9110.6311.09
NET Worth48.7545.9333.8330.6119.41
Reserves and Surplus33.7530.9333.5130.3019.33
Total Borrowing41.2040.7733.2721.3110.96
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets149.3690.8261.0334.64
Total Income201.72185.8067.2962.19
Profit After Tax13.376.481.030.71
NET Worth32.9316.3710.029.22
Reserves and Surplus24.978.594.804.05
Total Borrowing56.8113.6217.1115.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.4597.08
Promoter Shareholding (Post-Issue)63.6671.28
P/E Ratio11.6210.86
Market Cap₹193.03 Cr.₹197.75 Cr.
ROE5.92%39.96%
ROCE5.72%26.47%
Debt/Equity0.85
EPS₹8.18₹16.58
RoNW5.75%39.96%

Shares Offered

In the Aelea Commodities IPO Retail Individual Investors (RII) are offered 17,85,600 shares while in Sahaj Solar IPO retail investors are offered 17,85,600 shares. Qualified Institutional Buyers (QIB) are offered 10,20,000 shares in Aelea Commodities IPO and 5,50,400 shares in Sahaj Solar IPO.

 Aelea Commodities IPOSahaj Solar IPO
Anchor Investor Reservation15,28,800 shares8,24,000 shares
Market Maker Reservation2,68,800 shares1,46,400 shares
QIB10,20,000 shares5,50,400 shares
NII7,65,600 shares4,12,800 shares
RII17,85,600 shares9,62,400 shares
Employee24,000 shares
Others
Total51,00,000 shares27,73,600 shares

Bids Received (Subscription)

Aelea Commodities IPO subscribed 195.83x in total, whereas Sahaj Solar IPO subscribed 507.21x.

 Aelea Commodities IPOSahaj Solar IPO
QIB (times)104.22x214.27x
NII (times)389.87x862.35x
Big NII (times)
Small NII (times)
RII (times)164.95x535.03x
Employee (times)
Other (times)
Total (times)195.83x507.21x

Compare with others

Compare: