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Nitiraj Engineers IPO vs Sanginita Chemicals IPO

Comparison between Nitiraj Engineers IPO and Sanginita Chemicals IPO.

IPO Details

Nitiraj Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sanginita Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.

 Nitiraj Engineers IPOSanginita Chemicals IPO
LogoNitiraj Engineers IPO LogoSanginita Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersArihant Capital Markets Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerAlacrity Securities Ltd.Beeline Broking 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 Nitiraj Engineers IPO is up to ₹20.90 Cr whereas the issue size of the Sanginita Chemicals IPO is up to ₹9.53 Cr. The final issue price of Nitiraj Engineers IPO is ₹100.00 per share and of Sanginita Chemicals IPO is ₹22.00 per share.

 Nitiraj Engineers IPOSanginita Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹100.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares6000 shares
Fresh Issue Size20,90,400 shares43,32,000 shares
Fresh Issue Size (Amount)up to ₹20.90 Crup to ₹9.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,90,400 shares43,32,000 shares
Issue Size Total (Amount)up to ₹20.90 Crup to ₹9.53 Cr

IPO Timetable

Nitiraj Engineers IPO opens on Feb 20, 2017, while Sanginita Chemicals IPO opens on Mar 01, 2017. The closing date of Nitiraj Engineers IPO and Sanginita Chemicals IPO is Mar 01, 2017, and Mar 03, 2017, respectively.

 Nitiraj Engineers IPOSanginita Chemicals IPO
Issue OpenFeb 20, 2017Mar 01, 2017
Issue CloseMar 01, 2017Mar 03, 2017
Basis Of Allotment (Tentative)Mar 06, 2017
Listing date (Tentative)Mar 09, 2017Mar 10, 2017

Financials & KPIs

Nitiraj Engineers IPO P/E ratio is , as compared to Sanginita Chemicals IPO P/E ratio of .

 Nitiraj Engineers IPOSanginita Chemicals IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets50.3349.0937.0632.70
Total Income32.0156.5443.8741.17
Profit After Tax4.515.504.183.89
NET Worth37.6133.4728.0623.87
Reserves and Surplus31.6127.4727.0622.87
Total Borrowing5.427.192.020.25
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets54.1943.9250.1744.15
Total Income70.79144.36128.93119.03
Profit After Tax0.711.101.000.84
EBITDA2.65
NET Worth17.4016.6915.3114.30
Reserves and Surplus8.938.227.116.11
Total Borrowing27.9625.1322.7722.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.00%99.92%
Promoter Shareholding (Post-Issue)65.85%73.49%
Market Cap₹82.01 Cr.₹37.99 Cr.

Shares Offered

In the Nitiraj Engineers IPO Retail Individual Investors (RII) are offered 10,45,200 shares while in Sanginita Chemicals IPO retail investors are offered 10,45,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Nitiraj Engineers IPO and 0 shares in Sanginita Chemicals IPO.

 Nitiraj Engineers IPOSanginita Chemicals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,10,400 shares2,34,000 shares
QIB0 shares0 shares
NII10,45,200 shares21,66,000 shares
RII10,45,200 shares21,66,000 shares
Employee0 shares0 shares
Total20,90,400 shares43,32,000 shares

Bids Received (Subscription)

Nitiraj Engineers IPO subscribed 1.43x in total, whereas Sanginita Chemicals IPO subscribed 2.14x.

 Nitiraj Engineers IPOSanginita Chemicals IPO
NII (times)1.68x2.10x
RII (times)1.18x2.19x
Total (times)1.43x2.14x

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Compare:

Nitiraj Engineers IPO Vs Sanginita Chemicals IPO