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Micropro Software Solutions IPO vs Sunrest Lifescience IPO

Comparison between Micropro Software Solutions IPO and Sunrest Lifescience IPO.

IPO Details

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 IPOSunrest Lifescience IPO
LogoMicropro Software Solutions IPO LogoSunrest Lifescience IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwaraj shares & securities Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Svcm Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOSunrest Lifescience IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1600 shares
Fresh Issue Size36,00,000 shares12,25,600 shares
Fresh Issue Size (Amount)up to ₹29.16 Crup to ₹10.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,00,000 shares12,25,600 shares
Issue Size Total (Amount)up to ₹29.16 Crup to ₹10.30 Cr

IPO Timetable

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 IPOSunrest Lifescience IPO
Issue OpenNov 03, 2023Nov 07, 2023
Issue CloseNov 07, 2023Nov 09, 2023
Basis Of Allotment (Tentative)Nov 09, 2023Nov 15, 2023
Initiation of Refunds (Tentative)Nov 10, 2023Nov 16, 2023
Credit of Share (Tentative)Nov 10, 2023Nov 17, 2023
Listing date (Tentative)Nov 10, 2023Nov 20, 2023

Financials & KPIs

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 IPOSunrest Lifescience IPO
Financials

Company Financials (Restated)

Period Ended31 May 202331 Mar 202331 Mar 202231 Mar 2021
Assets24.1125.6020.4915.48
Total Income2.7622.1717.5513.92
Profit After Tax0.485.922.671.30
NET Worth16.4810.567.89
Reserves and Surplus16.7116.2310.317.64
Total Borrowing3.383.985.924.38
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets17.0616.7113.029.48
Total Income5.6424.6726.9116.95
Profit After Tax0.752.040.780.17
NET Worth3.873.121.070.29
Reserves and Surplus0.870.121.060.28
Total Borrowing3.472.143.242.32
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)63.4%100%
Promoter Shareholding (Post-Issue)46.59%69.91%
P/E Ratio0.3412.33
Market Cap₹116.48 Cr.₹36.05 Cr.
ROE4453
ROCE4198
Debt/Equity0.130.64
EPS₹5.78₹6.81
RoNW35.9365.59

Shares Offered

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 IPOSunrest Lifescience IPO
Market Maker Reservation1,90,400 shares65,600 shares
NII18,00,000 shares6,12,800 shares
RII18,00,000 shares6,12,800 shares
Total36,00,000 shares12,25,600 shares

Bids Received (Subscription)

Micropro Software Solutions IPO subscribed 35.84x in total, whereas Sunrest Lifescience IPO subscribed 47.46x.

 Micropro Software Solutions IPOSunrest Lifescience IPO
NII (times)22.60x29.17x
RII (times)49.08x65.74x
Total (times)35.84x47.46x

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Compare:

Micropro Software Solutions IPO Vs Sunrest Lifescience IPO