Comparison between Micropro Software Solutions IPO and Sunrest Lifescience IPO.
Micropro Software Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunrest Lifescience IPO is a SME Fixed Price proposed to list at NSE SME.
| Micropro Software Solutions IPO | Sunrest Lifescience IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Mark Corporate Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Svcm Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Micropro Software Solutions IPO is up to ₹29.16 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.30 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.
| Micropro Software Solutions IPO | Sunrest Lifescience IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹81.00 per share | ₹84.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 36,00,000 shares | 12,25,600 shares |
| Fresh Issue Size (Amount) | up to ₹29.16 Cr | up to ₹10.30 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 | 36,00,000 shares | 12,25,600 shares |
| Issue Size Total (Amount) | up to ₹29.16 Cr | up to ₹10.30 Cr |
Micropro Software Solutions IPO opens on Nov 03, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of Micropro Software Solutions IPO and Sunrest Lifescience IPO is Nov 07, 2023, and Nov 09, 2023, respectively.
| Micropro Software Solutions IPO | Sunrest Lifescience IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 03, 2023 | Nov 07, 2023 |
| Issue Close | Nov 07, 2023 | Nov 09, 2023 |
| Basis Of Allotment (Tentative) | Nov 09, 2023 | Nov 15, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 16, 2023 |
| Credit of Share (Tentative) | Nov 10, 2023 | Nov 17, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 20, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Micropro Software Solutions IPO P/E ratio is 0.34, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.
| Micropro Software Solutions IPO | Sunrest Lifescience IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 63.40 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | 69.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | 12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.48 Cr. | ₹36.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41% | 98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 0.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹6.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.93% | 65.59% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Micropro Software Solutions IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Sunrest Lifescience IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Micropro Software Solutions IPO and in Sunrest Lifescience IPO.
| Micropro Software Solutions IPO | Sunrest Lifescience IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,90,400 shares | 65,600 shares |
| QIB | ||
| NII | 18,00,000 shares | 6,12,800 shares |
| RII | 18,00,000 shares | 6,12,800 shares |
| Employee | ||
| Others | ||
| Total | 36,00,000 shares | 12,25,600 shares |
Micropro Software Solutions IPO subscribed 36.88x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.
| Micropro Software Solutions IPO | Sunrest Lifescience IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 22.60x | 29.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 49.08x | 65.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 36.88x | 48.54x |
