Crop Life Science IPO vs Sahaj Fashions IPO

Comparison between Crop Life Science IPO and Sahaj Fashions IPO.

IPO Details

Crop Life Science IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sahaj Fashions IPO is a SME Fixed Price proposed to list at NSE SME.

	Crop Life Science IPO	Sahaj Fashions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd.	Khambatta Securities Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	NNM Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Crop Life Science IPO is up to ₹25.38 Cr whereas the issue size of the Sahaj Fashions IPO is up to ₹13.25 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Sahaj Fashions IPO is ₹30.00 per share.

	Crop Life Science IPO	Sahaj Fashions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹52.00 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	48,80,000 shares	42,40,000 shares
Fresh Issue Size (Amount)	up to ₹25.38 Cr	up to ₹12.72 Cr
OFS Issue Size	0 shares	1,76,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.53 Cr
Issue Size Total	48,80,000 shares	44,16,000 shares
Issue Size Total (Amount)	up to ₹25.38 Cr	up to ₹13.25 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Sahaj Fashions IPO opens on Aug 25, 2023. The closing date of Crop Life Science IPO and Sahaj Fashions IPO is Aug 22, 2023, and Aug 29, 2023, respectively.

	Crop Life Science IPO	Sahaj Fashions IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 25, 2023
Issue Close	Aug 22, 2023	Aug 29, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Sep 01, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Sep 04, 2023
Credit of Share (Tentative)	Aug 29, 2023	Sep 05, 2023
Listing date (Tentative)	Aug 30, 2023	Sep 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Crop Life Science IPO P/E ratio is 14.29, as compared to Sahaj Fashions IPO P/E ratio of .

Crop Life Science IPO

Sahaj Fashions IPO

Financials

Crop Life Science IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,645.16	8,630.18	9,457.75	10,471.64
Total Income	13,531.18	11,950.18	10,238.92	12,323.43
Profit After Tax	323.00	370.46	281.41	436.66
Net Worth	2,925.61	3,287.06	3,526.33	4,038.51
Reserves and Surplus	1,770.01	2,114.88	2,401.86	2,838.51
Total Borrowing	1,594.40	1,747.29	2,093.03	2,682.32

Amount in ₹ Lakhs

Sahaj Fashions IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	28 Feb 2023
Assets	6,476.39	6,711.73	6,998.59	7,179.34
Total Income	9,933.61	7,475.54	8,698.36	9,101.07
Profit After Tax	27.19	31.90	42.64	288.71
Net Worth	1,361.63	1,393.53	1,435.78	1,724.07
Reserves and Surplus	620.41	652.32	694.56	982.85
Total Borrowing	1,019.03	1,608.65	1,795.46	1,519.24

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

97.95

Promoter Shareholding (Post-Issue)

70.01

P/E Ratio

14.29

Market Cap

₹39.50 Cr.

ROE

11.54%

ROCE

18.63

Debt/Equity

0.68

EPS

₹3.64

RoNW

10.81%

Shares Offered

In the Crop Life Science IPO Retail Individual Investors (RII) are offered 24,40,000 shares while in Sahaj Fashions IPO retail investors are offered 24,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Crop Life Science IPO and in Sahaj Fashions IPO.

	Crop Life Science IPO	Sahaj Fashions IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,60,000 shares	2,36,000 shares
QIB
NII	24,40,000 shares	22,08,000 shares
RII	24,40,000 shares	22,08,000 shares
Employee
Others
Total	48,80,000 shares	44,16,000 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.36x in total, whereas Sahaj Fashions IPO subscribed 7.75x.

	Crop Life Science IPO	Sahaj Fashions IPO
QIB (times)
NII (times)	1.56x	3.78x
Big NII (times)
Small NII (times)
RII (times)	7.15x	11.72x
Employee (times)
Other (times)
Total (times)	4.36x	7.75x

Compare with others

Crop Life Science IPO	Sahaj Fashions IPO
Mono Pharmacare IPO	Saroja Pharma IPO
Sungarner Energies IPO	Basilic Fly Studio IPO
Sahaj Fashions IPO	C P S Shapers IPO
Shoora Designs IPO	Mono Pharmacare IPO
Bondada Engineering IPO	Sungarner Energies IPO
Shelter Pharma IPO	Shoora Designs IPO
Sangani Hospitals IPO	Bondada Engineering IPO
Yudiz Solutions IPO	Crop Life Science IPO
Zeal Global Services IPO	Shelter Pharma IPO
Oriana Power IPO	Sangani Hospitals IPO