Comparison between Ceigall India IPO and Sanstar IPO.
Ceigall India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ceigall India IPO is up to ₹1,252.66 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Ceigall India IPO is ₹401.00 per share and of Sanstar IPO is ₹95.00 per share.
| Ceigall India IPO | Sanstar IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹380.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹401.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹401.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹38.00 per share | |
| Market Lot Size | 37 shares | 150 shares |
| Fresh Issue Size | 1,70,68,861 shares | 4,18,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹684.35 Cr | up to ₹397.10 Cr |
| OFS Issue Size | 1,41,74,840 shares | 1,19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹568.32 Cr | up to ₹113.05 Cr |
| Issue Size Total | 3,12,43,701 shares | 5,37,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,252.66 Cr | up to ₹510.15 Cr |
Ceigall India IPO opens on Aug 01, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Ceigall India IPO and Sanstar IPO is Aug 05, 2024, and Jul 23, 2024, respectively.
| Ceigall India IPO | Sanstar IPO | |
|---|---|---|
| Anchor Bid Date | Jul 31, 2024 | Jul 18, 2024 |
| Issue Open | Aug 01, 2024 | Jul 19, 2024 |
| Issue Close | Aug 05, 2024 | Jul 23, 2024 |
| Basis Of Allotment (Tentative) | Aug 06, 2024 | Jul 24, 2024 |
| Initiation of Refunds (Tentative) | Aug 07, 2024 | Jul 25, 2024 |
| Credit of Share (Tentative) | Aug 07, 2024 | Jul 25, 2024 |
| Listing date (Tentative) | Aug 08, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 1 | Sep 04, 2024 | Aug 23, 2024 |
| Anchor Lockin End date 2 | Nov 03, 2024 | Oct 22, 2024 |
Ceigall India IPO P/E ratio is 20.67, as compared to Sanstar IPO P/E ratio of 19.98.
| Ceigall India IPO | Sanstar IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 99.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 82.06 | 70.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.67 | 19.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6985.41 Cr. | ₹1731.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.57% | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.98% | 24.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.17 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹19.40 | ₹4.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.57% | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ceigall India IPO Retail Individual Investors (RII) are offered 1,09,16,012 shares while in Sanstar IPO retail investors are offered 1,09,16,012 shares. Qualified Institutional Buyers (QIB) are offered 62,37,721 shares in Ceigall India IPO and 1,07,40,000 shares in Sanstar IPO.
| Ceigall India IPO | Sanstar IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,56,581 shares | 1,61,10,000 shares |
| Market Maker Reservation | ||
| QIB | 62,37,721 shares | 1,07,40,000 shares |
| NII | 46,78,291 shares | 80,55,000 shares |
| RII | 1,09,16,012 shares | 1,87,95,000 shares |
| Employee | 55,096 shares | |
| Others | ||
| Total | 3,12,43,701 shares | 5,37,00,000 shares |
Ceigall India IPO subscribed 14.01x in total, whereas Sanstar IPO subscribed 82.99x.
| Ceigall India IPO | Sanstar IPO | |
|---|---|---|
| QIB (times) | 31.26x | 145.68x |
| NII (times) | 14.83x | 136.49x |
| Big NII (times) | 16.28x | 149.44x |
| Small NII (times) | 11.92x | 110.61x |
| RII (times) | 3.82x | 24.23x |
| Employee (times) | 11.84x | |
| Other (times) | ||
| Total (times) | 14.01x | 82.99x |
