C P S Shapers IPO vs Saroja Pharma IPO

Comparison between C P S Shapers IPO and Saroja Pharma IPO.

IPO Details

C P S Shapers 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.

Issue Size and Price

The total issue size of C P S Shapers IPO is up to ₹10.52 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of C P S Shapers IPO is ₹185.00 per share and of Saroja Pharma IPO is ₹84.00 per share.

 C P S Shapers IPOSaroja Pharma IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹185.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1600 shares
Fresh Issue Size5,68,800 shares10,30,400 shares
Fresh Issue Size (Amount)up to ₹10.52 Crup to ₹8.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,68,800 shares10,30,400 shares
Issue Size Total (Amount)up to ₹10.52 Crup to ₹8.66 Cr

IPO Timetable

C P S Shapers IPO opens on Aug 29, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of C P S Shapers IPO and Saroja Pharma IPO is Aug 31, 2023, and Sep 05, 2023, respectively.

Financials & KPIs

C P S Shapers IPO P/E ratio is 11.28, as compared to Saroja Pharma IPO P/E ratio of 23.25.

 C P S Shapers IPOSaroja Pharma IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets17.5112.7511.02
Total Income36.9626.6914.42
Profit After Tax2.461.570.38
NET Worth1.75-0.71-2.28
Reserves and Surplus1.25-1.21-2.78
Total Borrowing10.449.369.48
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets21.3415.518.22
Total Income50.3555.9636.75
Profit After Tax1.061.140.73
NET Worth5.094.030.94
Reserves and Surplus2.153.800.93
Total Borrowing10.196.143.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.80100.00
Promoter Shareholding (Post-Issue)73.02
P/E Ratio11.2823.25
Market Cap₹38.85 Cr.₹33.77 Cr.
ROE47315
ROCE2825
Debt/Equity5.962.00
EPS₹16.41₹3.61
RoNW140.5320.85

Shares Offered

In the C P S Shapers IPO Retail Individual Investors (RII) are offered 2,84,400 shares while in Saroja Pharma IPO retail investors are offered 2,84,400 shares. Qualified Institutional Buyers (QIB) are offered in C P S Shapers IPO and in Saroja Pharma IPO.

 C P S Shapers IPOSaroja Pharma IPO
Anchor Investor Reservation
Market Maker Reservation31,200 shares54,400 shares
QIB
NII2,84,400 shares5,15,200 shares
RII2,84,400 shares5,15,200 shares
Employee
Others
Total5,68,800 shares10,30,400 shares

Bids Received (Subscription)

C P S Shapers IPO subscribed 253.97x in total, whereas Saroja Pharma IPO subscribed 8.88x.

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