Carraro India IPO vs Sanathan Textiles IPO

Comparison between Carraro India IPO and Sanathan Textiles IPO.

IPO Details

Carraro India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanathan Textiles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Carraro India IPO is up to ₹1,250.00 Cr whereas the issue size of the Sanathan Textiles IPO is up to ₹550.00 Cr. The final issue price of Carraro India IPO is ₹704.00 per share and of Sanathan Textiles IPO is ₹321.00 per share.

 Carraro India IPOSanathan Textiles IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹668.00 per share₹305.00 per share
Issue Price (Upper)₹704.00 per share₹321.00 per share
Issue Price (Final)₹704.00 per share₹321.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size21 shares46 shares
Fresh Issue Size0 shares1,24,61,059 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹400.00 Cr
OFS Issue Size1,77,55,681 shares46,72,897 shares
OFS Issue Size (Amount)up to ₹1,250.00 Crup to ₹150.00 Cr
Issue Size Total1,77,55,681 shares1,71,33,956 shares
Issue Size Total (Amount)up to ₹1,250.00 Crup to ₹550.00 Cr

IPO Timetable

Carraro India IPO opens on Dec 20, 2024, while Sanathan Textiles IPO opens on Dec 19, 2024. The closing date of Carraro India IPO and Sanathan Textiles IPO is Dec 24, 2024, and Dec 23, 2024, respectively.

 Carraro India IPOSanathan Textiles IPO
Anchor Bid DateDec 19, 2024Dec 18, 2024
Issue OpenDec 20, 2024Dec 19, 2024
Issue CloseDec 24, 2024Dec 23, 2024
Basis Of Allotment (Tentative)Dec 26, 2024Dec 24, 2024
Initiation of Refunds (Tentative)Dec 27, 2024Dec 26, 2024
Credit of Share (Tentative)Dec 27, 2024Dec 26, 2024
Listing date (Tentative)Dec 30, 2024Dec 27, 2024
Anchor Lockin End date 1Jan 24, 2025Jan 23, 2025
Anchor Lockin End date 2Mar 25, 2025Mar 24, 2025

Financials & KPIs

Carraro India IPO P/E ratio is 63.97, as compared to Sanathan Textiles IPO P/E ratio of 17.25.

 Carraro India IPOSanathan Textiles IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,093.411,072.891,072.391,012.44
Total Income922.741,806.551,733.301,520.05
Profit After Tax49.7362.5648.4622.43
NET Worth419.44369.82337.38292.49
Total Borrowing195.78212.55188.33178.14
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,529.532,203.681,906.671,796.47
Total Income787.762,979.803,345.023,201.46
Profit After Tax50.07133.85152.74355.44
NET Worth1,324.061,273.981,140.13987.39
Total Borrowing644.93379.88281.00378.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10098.61
Promoter Shareholding (Post-Issue)68.7778.52
P/E Ratio63.9717.25
Market Cap₹4002.35 Cr.₹2709.37 Cr.
ROE17.69%11.09%
ROCE19.35%11.80%
Debt/Equity0.580.17
EPS₹11.00₹18.60
RoNW16.92%10.42%

Shares Offered

In the Carraro India IPO Retail Individual Investors (RII) are offered 62,14,489 shares while in Sanathan Textiles IPO retail investors are offered 62,14,489 shares. Qualified Institutional Buyers (QIB) are offered 35,51,136 shares in Carraro India IPO and 34,26,791 shares in Sanathan Textiles IPO.

 Carraro India IPOSanathan Textiles IPO
Anchor Investor Reservation53,26,703 shares51,40,186 shares
Market Maker Reservation
QIB35,51,136 shares34,26,791 shares
NII26,63,353 shares25,70,094 shares
RII62,14,489 shares59,96,885 shares
Employee
Others
Total1,77,55,681 shares1,71,33,956 shares

Bids Received (Subscription)

Carraro India IPO subscribed 1.18x in total, whereas Sanathan Textiles IPO subscribed 36.90x.

 Carraro India IPOSanathan Textiles IPO
QIB (times)2.33x79.59x
NII (times)0.63x44.39x
Big NII (times)0.45x48.47x
Small NII (times)1.01x36.22x
RII (times)0.75x9.31x
Employee (times)
Other (times)
Total (times)1.18x36.90x

Compare with others

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Carraro India IPO Vs Sanathan Textiles IPO