Comparison between Elin Electronics IPO and Sah Polymers IPO.
Elin Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sah Polymers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Elin Electronics IPO is up to ₹475.00 Cr whereas the issue size of the Sah Polymers IPO is up to ₹66.30 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of Sah Polymers IPO is ₹65.00 per share.
| Elin Electronics IPO | Sah Polymers IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹234.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹247.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹247.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 230 shares |
| Fresh Issue Size | 70,85,020 shares | 1,02,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹66.30 Cr |
| OFS Issue Size | 1,21,45,726 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,92,30,746 shares | 1,02,00,000 shares |
| Issue Size Total (Amount) | up to ₹475.00 Cr | up to ₹66.30 Cr |
Elin Electronics IPO opens on Dec 20, 2022, while Sah Polymers IPO opens on Dec 30, 2022. The closing date of Elin Electronics IPO and Sah Polymers IPO is Dec 22, 2022, and Jan 04, 2023, respectively.
| Elin Electronics IPO | Sah Polymers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2022 | Dec 29, 2022 |
| Issue Open | Dec 20, 2022 | Dec 30, 2022 |
| Issue Close | Dec 22, 2022 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2022 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Dec 28, 2022 | Jan 10, 2023 |
| Credit of Share (Tentative) | Dec 29, 2022 | Jan 11, 2023 |
| Listing date (Tentative) | Dec 30, 2022 | Jan 12, 2023 |
| Anchor Lockin End date 1 | Jan 26, 2023 | Feb 08, 2023 |
| Anchor Lockin End date 2 | Mar 27, 2023 | Apr 09, 2023 |
Elin Electronics IPO P/E ratio is 29.69, as compared to Sah Polymers IPO P/E ratio of 33.51.
| Elin Electronics IPO | Sah Polymers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 53.98 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 32.93 | 60.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.69 | 33.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.58 Cr. | ₹167.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.85 | 16.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.82 | 0.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.59 | ₹2.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.92 | 16.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Elin Electronics IPO Retail Individual Investors (RII) are offered 67,30,762 shares while in Sah Polymers IPO retail investors are offered 67,30,762 shares. Qualified Institutional Buyers (QIB) are offered 38,46,149 shares in Elin Electronics IPO and 30,60,000 shares in Sah Polymers IPO.
| Elin Electronics IPO | Sah Polymers IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,69,223 shares | 45,90,000 shares |
| Market Maker Reservation | ||
| QIB | 38,46,149 shares | 30,60,000 shares |
| NII | 28,84,612 shares | 15,30,000 shares |
| RII | 67,30,762 shares | 10,20,000 shares |
| Employee | ||
| Others | ||
| Total | 1,92,30,746 shares | 1,02,00,000 shares |
Elin Electronics IPO subscribed 3.09x in total, whereas Sah Polymers IPO subscribed 17.46x.
| Elin Electronics IPO | Sah Polymers IPO | |
|---|---|---|
| QIB (times) | 4.51x | 2.40x |
| NII (times) | 3.29x | 32.69x |
| Big NII (times) | 2.99x | 33.94x |
| Small NII (times) | 3.89x | 30.20x |
| RII (times) | 2.20x | 39.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.09x | 17.46x |
