Nephro Care IPO vs Sahaj Solar IPO

Comparison between Nephro Care IPO and Sahaj Solar IPO.

IPO Details

Nephro Care IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sahaj Solar IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Nephro Care IPO is up to ₹39.18 Cr whereas the issue size of the Sahaj Solar IPO is up to ₹49.89 Cr. The final issue price of Nephro Care IPO is ₹90.00 per share and of Sahaj Solar IPO is ₹180.00 per share.

 Nephro Care IPOSahaj Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share₹171.00 per share
Issue Price (Upper)₹90.00 per share₹180.00 per share
Issue Price (Final)₹90.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹15.00 per share
Market Lot Size1600 shares800 shares
Fresh Issue Size43,53,600 shares27,73,600 shares
Fresh Issue Size (Amount)up to ₹39.18 Crup to ₹49.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total43,53,600 shares27,73,600 shares
Issue Size Total (Amount)up to ₹39.18 Crup to ₹49.89 Cr

IPO Timetable

Nephro Care IPO opens on Jun 28, 2024, while Sahaj Solar IPO opens on Jul 11, 2024. The closing date of Nephro Care IPO and Sahaj Solar IPO is Jul 02, 2024, and Jul 15, 2024, respectively.

 Nephro Care IPOSahaj Solar IPO
Anchor Bid DateJun 27, 2024Jul 10, 2024
Issue OpenJun 28, 2024Jul 11, 2024
Issue CloseJul 02, 2024Jul 15, 2024
Basis Of Allotment (Tentative)Jul 03, 2024Jul 16, 2024
Initiation of Refunds (Tentative)Jul 04, 2024Jul 18, 2024
Credit of Share (Tentative)Jul 04, 2024Jul 18, 2024
Listing date (Tentative)Jul 05, 2024Jul 19, 2024
Anchor Lockin End date 1Aug 02, 2024Aug 15, 2024
Anchor Lockin End date 2Oct 01, 2024Oct 14, 2024

Financials & KPIs

Nephro Care IPO P/E ratio is 55.15, as compared to Sahaj Solar IPO P/E ratio of 10.86.

 Nephro Care IPOSahaj Solar IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets20.308.314.631.13
Total Income19.9017.103.431.83
Profit After Tax3.401.94-0.010.09
NET Worth13.922.440.500.02
Reserves and Surplus13.331.94-0.000.01
Total Borrowing2.462.540.69
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets149.3690.8261.0334.64
Total Income201.72185.8067.2962.19
Profit After Tax13.376.481.030.71
NET Worth32.9316.3710.029.22
Reserves and Surplus24.978.594.804.05
Total Borrowing56.8113.6217.1115.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.0297.08
Promoter Shareholding (Post-Issue)61.3971.28
P/E Ratio55.1510.86
Market Cap₹148.38 Cr.₹197.75 Cr.
ROE41.57%39.96%
ROCE36.56%26.47%
Debt/Equity
EPS₹1.63₹16.58
RoNW24.42%39.96%

Shares Offered

In the Nephro Care IPO Retail Individual Investors (RII) are offered 14,44,800 shares while in Sahaj Solar IPO retail investors are offered 14,44,800 shares. Qualified Institutional Buyers (QIB) are offered 8,25,600 shares in Nephro Care IPO and 5,50,400 shares in Sahaj Solar IPO.

 Nephro Care IPOSahaj Solar IPO
Anchor Investor Reservation12,38,400 shares8,24,000 shares
Market Maker Reservation2,30,400 shares1,46,400 shares
QIB8,25,600 shares5,50,400 shares
NII6,19,200 shares4,12,800 shares
RII14,44,800 shares9,62,400 shares
Employee2,25,600 shares24,000 shares
Others
Total43,53,600 shares27,73,600 shares

Bids Received (Subscription)

Nephro Care IPO subscribed 715.78x in total, whereas Sahaj Solar IPO subscribed 507.21x.

 Nephro Care IPOSahaj Solar IPO
QIB (times)245.14x214.27x
NII (times)1,787.19x862.35x
Big NII (times)
Small NII (times)
RII (times)634.12x535.03x
Employee (times)
Other (times)
Total (times)715.78x507.21x

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