Comparison between Electro Force IPO and Sahara Maritime IPO.
Electro Force IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sahara Maritime IPO is a SME Fixed Price proposed to list at BSE SME.
| Electro Force IPO | Sahara Maritime IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | First Overseas Capital Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Arham Shares Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Electro Force IPO is up to ₹76.62 Cr whereas the issue size of the Sahara Maritime IPO is up to ₹6.53 Cr. The final issue price of Electro Force IPO is ₹93.00 per share and of Sahara Maritime IPO is ₹81.00 per share.
| Electro Force IPO | Sahara Maritime IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹93.00 per share | ₹81.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 55,64,400 shares | 8,06,400 shares |
| Fresh Issue Size (Amount) | up to ₹51.75 Cr | up to ₹6.53 Cr |
| OFS Issue Size | 26,74,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹24.88 Cr | up to ₹0.00 Cr |
| Issue Size Total | 82,39,200 shares | 8,06,400 shares |
| Issue Size Total (Amount) | up to ₹76.62 Cr | up to ₹6.53 Cr |
Electro Force IPO opens on Dec 19, 2023, while Sahara Maritime IPO opens on Dec 18, 2023. The closing date of Electro Force IPO and Sahara Maritime IPO is Dec 21, 2023, and Dec 20, 2023, respectively.
| Electro Force IPO | Sahara Maritime IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 19, 2023 | Dec 18, 2023 |
| Issue Close | Dec 21, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 22, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Dec 26, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Dec 26, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 27, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Electro Force IPO P/E ratio is 20.22, as compared to Sahara Maritime IPO P/E ratio of 15.03.
| Electro Force IPO | Sahara Maritime IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Electro Force (India) Limited Financial Information (Restated)Electro Force (India) Limited's revenue decreased by -12.04% and profit after tax (PAT) dropped by -7.48% between the financial year ending with March 31, 2023 and March 31, 2022.
| Sahara Maritime Limited Financial Information (Restated)Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.93 | 72.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.22 | 15.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹217.62 Cr. | ₹24.87 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.57% | 26.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 58.23% | 32.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.60 | ₹5.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.57% | 22.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Electro Force IPO Retail Individual Investors (RII) are offered 41,19,600 shares while in Sahara Maritime IPO retail investors are offered 41,19,600 shares. Qualified Institutional Buyers (QIB) are offered in Electro Force IPO and in Sahara Maritime IPO.
| Electro Force IPO | Sahara Maritime IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 4,35,600 shares | 43,200 shares |
| QIB | ||
| NII | 41,19,600 shares | 4,03,200 shares |
| RII | 41,19,600 shares | 4,03,200 shares |
| Employee | ||
| Others | ||
| Total | 82,39,200 shares | 8,06,400 shares |
Electro Force IPO subscribed 4.28x in total, whereas Sahara Maritime IPO subscribed 22.67x.
| Electro Force IPO | Sahara Maritime IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.12x | 8.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.44x | 36.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.28x | 22.67x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
