Crop Life Science IPO vs Sangani Hospitals IPO

Comparison between Crop Life Science IPO and Sangani Hospitals IPO.

IPO Details

Crop Life Science IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sangani Hospitals IPO is a SME Bookbuilding proposed to list at NSE SME.

	Crop Life Science IPO	Sangani Hospitals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd.	Unistone Capital Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Rikhav Securities 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 Sangani Hospitals IPO is up to ₹14.40 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Sangani Hospitals IPO is ₹40.00 per share.

	Crop Life Science IPO	Sangani Hospitals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹37.00 per share
Issue Price (Upper)		₹40.00 per share
Issue Price (Final)	₹52.00 per share	₹40.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	48,80,000 shares	36,00,000 shares
Fresh Issue Size (Amount)	up to ₹25.38 Cr	up to ₹14.40 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	48,80,000 shares	36,00,000 shares
Issue Size Total (Amount)	up to ₹25.38 Cr	up to ₹14.40 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Sangani Hospitals IPO opens on Aug 04, 2023. The closing date of Crop Life Science IPO and Sangani Hospitals IPO is Aug 22, 2023, and Aug 08, 2023, respectively.

	Crop Life Science IPO	Sangani Hospitals IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 04, 2023
Issue Close	Aug 22, 2023	Aug 08, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Aug 11, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Aug 14, 2023
Credit of Share (Tentative)	Aug 29, 2023	Aug 16, 2023
Listing date (Tentative)	Aug 30, 2023	Aug 17, 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 Sangani Hospitals IPO P/E ratio of 37.03.

Crop Life Science IPO

Sangani Hospitals 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

Sangani Hospitals IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	330.36	299.20	705.45	1,959.01
Total Income	446.47	498.21	420.63	1,576.24
Profit After Tax	22.81	79.06	105.35	148.37
Net Worth	183.35	168.79	501.60	1,797.29
Reserves and Surplus		168.83	106.78	798.79
Total Borrowing	34.72	34.57		10.08

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

70.01

P/E Ratio

14.29

37.03

Market Cap

₹55.11 Cr.

ROE

11.54%

ROCE

18.63

11.26%

Debt/Equity

0.68

EPS

₹3.64

₹3.47

RoNW

10.81%

35.75%

Shares Offered

In the Crop Life Science IPO Retail Individual Investors (RII) are offered 24,40,000 shares while in Sangani Hospitals IPO retail investors are offered 24,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Crop Life Science IPO and 3,60,000 shares in Sangani Hospitals IPO.

	Crop Life Science IPO	Sangani Hospitals IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,60,000 shares	1,92,000 shares
QIB		3,60,000 shares
NII	24,40,000 shares	16,20,000 shares
RII	24,40,000 shares	16,20,000 shares
Employee
Others
Total	48,80,000 shares	36,00,000 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.36x in total, whereas Sangani Hospitals IPO subscribed 4.54x.

	Crop Life Science IPO	Sangani Hospitals IPO
QIB (times)		11.42x
NII (times)	1.56x	1.38x
Big NII (times)
Small NII (times)
RII (times)	7.15x	6.17x
Employee (times)
Other (times)
Total (times)	4.36x	4.54x

Compare with others

Crop Life Science IPO	Sangani Hospitals IPO
Mono Pharmacare IPO	Sahaj Fashions IPO
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Sahaj Fashions IPO	Bondada Engineering IPO
Shoora Designs IPO	Crop Life Science IPO
Bondada Engineering IPO	Shelter Pharma IPO
Shelter Pharma IPO	Yudiz Solutions IPO
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Zeal Global Services IPO	Innovatus Entertainment Networks IPO
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