Comparison between Owais Metal IPO and Sona Machinery IPO.
Owais Metal IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sona Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.
| Owais Metal IPO | Sona Machinery IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Owais Metal IPO is up to ₹39.70 Cr whereas the issue size of the Sona Machinery IPO is up to ₹49.22 Cr. The final issue price of Owais Metal IPO is ₹87.00 per share and of Sona Machinery IPO is ₹143.00 per share.
| Owais Metal IPO | Sona Machinery IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | ₹136.00 per share |
| Issue Price (Upper) | ₹87.00 per share | ₹143.00 per share |
| Issue Price (Final) | ₹87.00 per share | ₹143.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 45,63,200 shares | 34,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.70 Cr | up to ₹49.22 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 | 45,63,200 shares | 34,42,000 shares |
| Issue Size Total (Amount) | up to ₹39.70 Cr | up to ₹49.22 Cr |
Owais Metal IPO opens on Feb 26, 2024, while Sona Machinery IPO opens on Mar 05, 2024. The closing date of Owais Metal IPO and Sona Machinery IPO is Feb 28, 2024, and Mar 07, 2024, respectively.
| Owais Metal IPO | Sona Machinery IPO | |
|---|---|---|
| Anchor Bid Date | Feb 23, 2024 | Mar 04, 2024 |
| Issue Open | Feb 26, 2024 | Mar 05, 2024 |
| Issue Close | Feb 28, 2024 | Mar 07, 2024 |
| Basis Of Allotment (Tentative) | Feb 29, 2024 | Mar 11, 2024 |
| Initiation of Refunds (Tentative) | Mar 01, 2024 | Mar 12, 2024 |
| Credit of Share (Tentative) | Mar 01, 2024 | Mar 12, 2024 |
| Listing date (Tentative) | Mar 04, 2024 | Mar 13, 2024 |
| Anchor Lockin End date 1 | Mar 30, 2024 | Apr 10, 2024 |
| Anchor Lockin End date 2 | May 29, 2024 | Jun 09, 2024 |
Owais Metal IPO P/E ratio is 21.35, as compared to Sona Machinery IPO P/E ratio of 18.8.
| Owais Metal IPO | Sona Machinery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01 | 73.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.35 | 18.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.19 Cr. | ₹196.25 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -5.35% | 44.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.61 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹7.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -22.22% | 36.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Owais Metal IPO Retail Individual Investors (RII) are offered 15,98,400 shares while in Sona Machinery IPO retail investors are offered 15,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Owais Metal IPO and 6,88,000 shares in Sona Machinery IPO.
| Owais Metal IPO | Sona Machinery IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,68,000 shares | 10,32,000 shares |
| Market Maker Reservation | 3,44,000 shares | 1,82,000 shares |
| QIB | 9,12,000 shares | 6,88,000 shares |
| NII | 6,84,800 shares | 5,17,000 shares |
| RII | 15,98,400 shares | 12,05,000 shares |
| Employee | ||
| Others | ||
| Total | 45,63,200 shares | 34,42,000 shares |
Owais Metal IPO subscribed 221.18x in total, whereas Sona Machinery IPO subscribed 273.50x.
| Owais Metal IPO | Sona Machinery IPO | |
|---|---|---|
| QIB (times) | 92.06x | 129.72x |
| NII (times) | 329.36x | 554.42x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 248.50x | 235.06x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.18x | 273.50x |
