Comparison between Goyal Salt IPO and Sunita Tools IPO.
Goyal Salt IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Goyal Salt IPO | Sunita Tools IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Goyal Salt IPO is up to ₹17.69 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Goyal Salt IPO is ₹38.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Goyal Salt IPO | Sunita Tools IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹38.00 per share | |
| Issue Price (Final) | ₹38.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 46,56,000 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.69 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 0 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.90 Cr |
| Issue Size Total | 46,56,000 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹20.91 Cr |
Goyal Salt IPO opens on Sep 26, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Goyal Salt IPO and Sunita Tools IPO is Oct 03, 2023, and Oct 03, 2023, respectively.
| Goyal Salt IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2023 | |
| Issue Open | Sep 26, 2023 | Sep 26, 2023 |
| Issue Close | Oct 03, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 05, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 06, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 09, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | |
| Anchor Lockin End date 2 | Jan 03, 2024 |
Goyal Salt IPO P/E ratio is 13.97, as compared to Sunita Tools IPO P/E ratio of 16.88.
| Goyal Salt IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.97 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹68.02 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.38% | 12.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.22% | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.57 | 5.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.72 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.86% | 105.31% |
In the Goyal Salt IPO Retail Individual Investors (RII) are offered 16,38,000 shares while in Sunita Tools IPO retail investors are offered 16,38,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Goyal Salt IPO and in Sunita Tools IPO.
| Goyal Salt IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,17,000 shares | |
| Market Maker Reserveration | 2,46,000 shares | 78,000 shares |
| QIB | 8,82,000 shares | |
| NII | 7,29,000 shares | 7,21,000 shares |
| RII | 16,38,000 shares | 7,21,000 shares |
| Employee | 90,000 shares | |
| Others | ||
| Total | 46,56,000 shares | 14,42,000 shares |
Goyal Salt IPO subscribed 294.61x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Goyal Salt IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | 67.20x | |
| NII (times) | 382.45x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 377.97x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 294.61x | 13.24x |
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