Indo Farm Equipment IPO vs Sanathan Textiles IPO

Comparison between Indo Farm Equipment IPO and Sanathan Textiles IPO.

IPO Details

Indo Farm Equipment IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanathan Textiles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Indo Farm Equipment IPO is up to ₹260.15 Cr whereas the issue size of the Sanathan Textiles IPO is up to ₹550.00 Cr. The final issue price of Indo Farm Equipment IPO is ₹215.00 per share and of Sanathan Textiles IPO is ₹321.00 per share.

 Indo Farm Equipment IPOSanathan Textiles IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹204.00 per share₹305.00 per share
Issue Price (Upper)₹215.00 per share₹321.00 per share
Issue Price (Final)₹215.00 per share₹321.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size69 shares46 shares
Fresh Issue Size86,00,000 shares1,24,61,059 shares
Fresh Issue Size (Amount)up to ₹184.90 Crup to ₹400.00 Cr
OFS Issue Size35,00,000 shares46,72,897 shares
OFS Issue Size (Amount)up to ₹75.25 Crup to ₹150.00 Cr
Issue Size Total1,21,00,000 shares1,71,33,956 shares
Issue Size Total (Amount)up to ₹260.15 Crup to ₹550.00 Cr

IPO Timetable

Indo Farm Equipment IPO opens on Dec 31, 2024, while Sanathan Textiles IPO opens on Dec 19, 2024. The closing date of Indo Farm Equipment IPO and Sanathan Textiles IPO is Jan 02, 2025, and Dec 23, 2024, respectively.

 Indo Farm Equipment IPOSanathan Textiles IPO
Anchor Bid DateDec 30, 2024Dec 18, 2024
Issue OpenDec 31, 2024Dec 19, 2024
Issue CloseJan 02, 2025Dec 23, 2024
Basis Of Allotment (Tentative)Jan 03, 2025Dec 24, 2024
Initiation of Refunds (Tentative)Jan 06, 2025Dec 26, 2024
Credit of Share (Tentative)Jan 06, 2025Dec 26, 2024
Listing date (Tentative)Jan 07, 2025Dec 27, 2024
Anchor Lockin End date 1Feb 02, 2025Jan 23, 2025
Anchor Lockin End date 2Apr 02, 2025Mar 24, 2025

Financials & KPIs

Indo Farm Equipment IPO P/E ratio is 54.39, as compared to Sanathan Textiles IPO P/E ratio of 17.25.

 Indo Farm Equipment IPOSanathan Textiles IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets644.27647.95622.84619.83
Total Income75.54375.95371.82352.52
Profit After Tax2.4515.6015.3713.72
NET Worth342.25317.06290.37274.80
Total Borrowing245.36270.54280.65275.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,529.532,203.681,906.671,796.47
Total Income787.762,979.803,345.023,201.46
Profit After Tax50.07133.85152.74355.44
NET Worth1,324.061,273.981,140.13987.39
Total Borrowing644.93379.88281.00378.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.4598.61
Promoter Shareholding (Post-Issue)69.4478.52
P/E Ratio54.3917.25
Market Cap₹1033.11 Cr.₹2709.37 Cr.
ROE5.13%11.09%
ROCE8.96%11.80%
Debt/Equity0.850.17
EPS₹3.95₹18.60
RoNW4.92%10.42%

Shares Offered

In the Indo Farm Equipment IPO Retail Individual Investors (RII) are offered 42,35,000 shares while in Sanathan Textiles IPO retail investors are offered 42,35,000 shares. Qualified Institutional Buyers (QIB) are offered 24,20,000 shares in Indo Farm Equipment IPO and 34,26,791 shares in Sanathan Textiles IPO.

 Indo Farm Equipment IPOSanathan Textiles IPO
Anchor Investor Reservation36,30,000 shares51,40,186 shares
Market Maker Reservation
QIB24,20,000 shares34,26,791 shares
NII18,15,000 shares25,70,094 shares
RII42,35,000 shares59,96,885 shares
Employee
Others
Total1,21,00,000 shares1,71,33,956 shares

Bids Received (Subscription)

Indo Farm Equipment IPO subscribed 227.67x in total, whereas Sanathan Textiles IPO subscribed 36.90x.

 Indo Farm Equipment IPOSanathan Textiles IPO
QIB (times)242.40x79.59x
NII (times)501.75x44.39x
Big NII (times)548.13x48.47x
Small NII (times)408.98x36.22x
RII (times)101.79x9.31x
Employee (times)
Other (times)
Total (times)227.67x36.90x

Compare with others

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Indo Farm Equipment IPO Vs Sanathan Textiles IPO