Nexxus Petro Industries IPO vs Sahasra Electronic Solutions IPO

Comparison between Nexxus Petro Industries IPO and Sahasra Electronic Solutions IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sahasra Electronic Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Nexxus Petro Industries IPO is up to ₹18.45 Cr whereas the issue size of the Sahasra Electronic Solutions IPO is up to ₹176.83 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Sahasra Electronic Solutions IPO is ₹283.00 per share.

 Nexxus Petro Industries IPOSahasra Electronic Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹269.00 per share
Issue Price (Upper)₹283.00 per share
Issue Price (Final)₹105.00 per share₹283.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares400 shares
Fresh Issue Size17,56,800 shares57,48,400 shares
Fresh Issue Size (Amount)up to ₹18.45 Crup to ₹162.68 Cr
OFS Issue Size0 shares5,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹14.15 Cr
Issue Size Total17,56,800 shares62,48,400 shares
Issue Size Total (Amount)up to ₹18.45 Crup to ₹176.83 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Sahasra Electronic Solutions IPO opens on Sep 26, 2024. The closing date of Nexxus Petro Industries IPO and Sahasra Electronic Solutions IPO is Sep 30, 2024, and Sep 30, 2024, respectively.

 Nexxus Petro Industries IPOSahasra Electronic Solutions IPO
Anchor Bid DateSep 25, 2024
Issue OpenSep 26, 2024Sep 26, 2024
Issue CloseSep 30, 2024Sep 30, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Oct 01, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Oct 03, 2024
Credit of Share (Tentative)Oct 03, 2024Oct 03, 2024
Listing date (Tentative)Oct 04, 2024Oct 04, 2024
Anchor Lockin End date 1Oct 31, 2024
Anchor Lockin End date 2Dec 30, 2024

Financials & KPIs

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Sahasra Electronic Solutions IPO P/E ratio of 16.41.

 Nexxus Petro Industries IPOSahasra Electronic Solutions IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets38.9316.459.33
Total Income238.38142.8448.47
Profit After Tax3.482.010.54
NET Worth8.632.650.54
Reserves and Surplus3.532.550.54
Total Borrowing21.618.353.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 2023
Assets108.0448.20
Total Income102.7910.64
Profit After Tax32.632.31
NET Worth60.3220.28
Reserves and Surplus41.402.31
Total Borrowing21.726.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10095
Promoter Shareholding (Post-Issue)73.3869.9
P/E Ratio15.3716.41
Market Cap₹72.98 Cr.₹707.30 Cr.
ROE61.7754.09
ROCE20.8142.50
Debt/Equity2.500.36
EPS₹6.83₹17.25
RoNW40.3654.09

Shares Offered

In the Nexxus Petro Industries IPO Retail Individual Investors (RII) are offered 8,78,400 shares while in Sahasra Electronic Solutions IPO retail investors are offered 8,78,400 shares. Qualified Institutional Buyers (QIB) are offered in Nexxus Petro Industries IPO and 12,49,600 shares in Sahasra Electronic Solutions IPO.

 Nexxus Petro Industries IPOSahasra Electronic Solutions IPO
Anchor Investor Reservation18,74,000 shares
Market Maker Reservation93,600 shares3,29,600 shares
QIB12,49,600 shares
NII8,78,400 shares9,37,600 shares
RII8,78,400 shares21,87,200 shares
Employee
Others
Total17,56,800 shares62,48,400 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 8.44x in total, whereas Sahasra Electronic Solutions IPO subscribed 85.47x.

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