Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Basilic Fly Studio IPO vs Saroja Pharma IPO

Comparison between Basilic Fly Studio IPO and Saroja Pharma IPO.

IPO Details

Basilic Fly Studio IPO is a SME Fixed Price IPO proposed to list at NSE SME while Saroja Pharma IPO is a SME Fixed Price proposed to list at NSE SME.

 Basilic Fly Studio IPOSaroja Pharma IPO
LogoBasilic Fly Studio IPO LogoSaroja Pharma IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Swastika Investmart Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Kfin Technologies Ltd.
Market MakerShare India Securities Ltd.Swastika Investmart Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Basilic Fly Studio IPO is up to ₹56.40 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of Basilic Fly Studio IPO is ₹97.00 per share and of Saroja Pharma IPO is ₹84.00 per share.

 Basilic Fly Studio IPOSaroja Pharma IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹92.00 per share
Issue Price (Upper)₹97.00 per share
Issue Price (Final)₹97.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size52,14,000 shares10,30,400 shares
Fresh Issue Size (Amount)up to ₹50.58 Crup to ₹8.66 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹5.82 Crup to ₹0.00 Cr
Issue Size Total58,14,000 shares10,30,400 shares
Issue Size Total (Amount)up to ₹56.40 Crup to ₹8.66 Cr

IPO Timetable

Basilic Fly Studio IPO opens on Sep 01, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of Basilic Fly Studio IPO and Saroja Pharma IPO is Sep 05, 2023, and Sep 05, 2023, respectively.

 Basilic Fly Studio IPOSaroja Pharma IPO
Anchor Bid DateAug 31, 2023
Issue OpenSep 01, 2023Aug 31, 2023
Issue CloseSep 05, 2023Sep 05, 2023
Basis Of Allotment (Tentative)Sep 11, 2023Sep 08, 2023
Initiation of Refunds (Tentative)Sep 12, 2023Sep 11, 2023
Credit of Share (Tentative)Sep 13, 2023Sep 12, 2023
Listing date (Tentative)Sep 11, 2023Sep 13, 2023
Anchor Lockin End date 1Oct 11, 2023
Anchor Lockin End date 2Dec 10, 2023

Financials & KPIs

Basilic Fly Studio IPO P/E ratio is 5.94, as compared to Saroja Pharma IPO P/E ratio of 23.27.

 Basilic Fly Studio IPOSaroja Pharma IPO
Financials
Basilic Fly Studio IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202231 Mar 2023
Assets1,571.085,315.33
Total Income2,528.787,895.15
Profit After Tax90.102,774.02
Net Worth394.163,166.98
Reserves and Surplus274.171,466.98
Total Borrowing413.23427.08
Amount in ₹ Lakhs
Saroja Pharma Industries IPO Financial Information (Restated Standalone)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets822.391,551.192,133.99
Total Income3,674.675,595.675,035.09
Profit After Tax73.13114.01106.06
Net Worth93.59402.60508.66
Reserves and Surplus92.59380.02215.09
Total Borrowing301.77613.881,018.86
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)85.42100.00
Promoter Shareholding (Post-Issue)73.02
P/E Ratio5.9423.27
Market Cap₹225.43 Cr.₹33.77 Cr.
ROE155.63%0.15%
ROCE104.73%0.25%
Debt/Equity0.142.00
EPS₹16.32₹3.61
RoNW87.59%20.85%

Shares Offered

In the Basilic Fly Studio IPO Retail Individual Investors (RII) are offered 20,35,200 shares while in Saroja Pharma IPO retail investors are offered 20,35,200 shares. Qualified Institutional Buyers (QIB) are offered 11,62,800 shares in Basilic Fly Studio IPO and in Saroja Pharma IPO.

 Basilic Fly Studio IPOSaroja Pharma IPO
Anchor Investor Reserveration17,43,600 shares
Market Maker Reserveration10,26,000 shares54,400 shares
QIB11,62,800 shares
NII8,72,400 shares5,15,200 shares
RII20,35,200 shares5,15,200 shares
Employee
Others
Total58,14,000 shares10,30,400 shares

Bids Received (Subscription)

Basilic Fly Studio IPO subscribed 358.60x in total, whereas Saroja Pharma IPO subscribed 8.88x.

 Basilic Fly Studio IPOSaroja Pharma IPO
QIB (times)116.34x
NII (times)549.44x2.90x
Big NII (times)
Small NII (times)
RII (times)415.22x14.83x
Employee (times)
Other (times)
Total (times)358.60x8.88x