Comparison between Comrade Appliances IPO and Sonalis Consumer Products IPO.
Comrade Appliances IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonalis Consumer Products IPO is a SME Fixed Price proposed to list at BSE SME.
| Comrade Appliances IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Comrade Appliances IPO is up to ₹11.69 Cr whereas the issue size of the Sonalis Consumer Products IPO is up to ₹2.68 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Sonalis Consumer Products IPO is ₹30.00 per share.
| Comrade Appliances IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹54.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 21,64,000 shares | 8,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.69 Cr | up to ₹2.68 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 21,64,000 shares | 8,92,000 shares |
| Issue Size Total (Amount) | up to ₹11.69 Cr | up to ₹2.68 Cr |
Comrade Appliances IPO opens on May 31, 2023, while Sonalis Consumer Products IPO opens on Jun 07, 2023. The closing date of Comrade Appliances IPO and Sonalis Consumer Products IPO is Jun 05, 2023, and Jun 09, 2023, respectively.
| Comrade Appliances IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2023 | |
| Issue Open | May 31, 2023 | Jun 07, 2023 |
| Issue Close | Jun 05, 2023 | Jun 09, 2023 |
| Basis Of Allotment (Tentative) | Jun 08, 2023 | Jun 14, 2023 |
| Initiation of Refunds (Tentative) | Jun 09, 2023 | Jun 15, 2023 |
| Credit of Share (Tentative) | Jun 12, 2023 | Jun 16, 2023 |
| Listing date (Tentative) | Jun 13, 2023 | Jun 19, 2023 |
| Anchor Lockin End date 1 | Jul 08, 2023 | |
| Anchor Lockin End date 2 | Sep 06, 2023 |
Comrade Appliances IPO P/E ratio is 17.14, as compared to Sonalis Consumer Products IPO P/E ratio of 6.56.
| Comrade Appliances IPO | Sonalis Consumer Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 73.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.74 | 38.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.14 | 6.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.66 Cr. | ₹6.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹10.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.73 | 19.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Comrade Appliances IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Sonalis Consumer Products IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and in Sonalis Consumer Products IPO.
| Comrade Appliances IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,48,000 shares | |
| Market Maker Reservation | 1,14,000 shares | 52,000 shares |
| QIB | 4,32,000 shares | |
| NII | 3,26,000 shares | 4,44,000 shares |
| RII | 7,58,000 shares | 4,48,000 shares |
| Employee | ||
| Others | ||
| Total | 21,64,000 shares | 8,92,000 shares |
Comrade Appliances IPO subscribed 77.25x in total, whereas Sonalis Consumer Products IPO subscribed 43.48x.
| Comrade Appliances IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| QIB (times) | 21.86x | |
| NII (times) | 162.67x | 38.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 72.08x | 48.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 77.25x | 43.48x |
