Comparison between Pramara Promotions IPO and Saroja Pharma IPO.
Pramara Promotions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Saroja Pharma IPO is a SME Fixed Price proposed to list at NSE SME.
| Pramara Promotions IPO | Saroja Pharma IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Pure Broking Pvt.Ltd. | Swastika Investmart Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Pramara Promotions IPO is up to ₹14.49 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of Pramara Promotions IPO is ₹63.00 per share and of Saroja Pharma IPO is ₹84.00 per share.
| Pramara Promotions IPO | Saroja Pharma IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹63.00 per share | ₹84.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 23,00,000 shares | 10,30,400 shares |
| Fresh Issue Size (Amount) | up to ₹14.49 Cr | up to ₹8.66 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 | 23,00,000 shares | 10,30,400 shares |
| Issue Size Total (Amount) | up to ₹14.49 Cr | up to ₹8.66 Cr |
Pramara Promotions IPO opens on Sep 01, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of Pramara Promotions IPO and Saroja Pharma IPO is Sep 05, 2023, and Sep 05, 2023, respectively.
| Pramara Promotions IPO | Saroja Pharma IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 01, 2023 | Aug 31, 2023 |
| Issue Close | Sep 05, 2023 | Sep 05, 2023 |
| Basis Of Allotment (Tentative) | Sep 08, 2023 | Sep 08, 2023 |
| Initiation of Refunds (Tentative) | Sep 11, 2023 | Sep 11, 2023 |
| Credit of Share (Tentative) | Sep 12, 2023 | Sep 12, 2023 |
| Listing date (Tentative) | Sep 13, 2023 | Sep 13, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Pramara Promotions IPO P/E ratio is , as compared to Saroja Pharma IPO P/E ratio of 23.25.
| Pramara Promotions IPO | Saroja Pharma IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.41 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.81 | 73.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.92 Cr. | ₹33.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.87% | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.20% | 25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.07 | 2.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.37 | ₹3.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.87 | 20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pramara Promotions IPO Retail Individual Investors (RII) are offered 11,50,000 shares while in Saroja Pharma IPO retail investors are offered 11,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Pramara Promotions IPO and in Saroja Pharma IPO.
| Pramara Promotions IPO | Saroja Pharma IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,24,000 shares | 54,400 shares |
| QIB | ||
| NII | 11,50,000 shares | 5,15,200 shares |
| RII | 11,50,000 shares | 5,15,200 shares |
| Employee | ||
| Others | ||
| Total | 23,00,000 shares | 10,30,400 shares |
Pramara Promotions IPO subscribed 25.71x in total, whereas Saroja Pharma IPO subscribed 8.88x.
| Pramara Promotions IPO | Saroja Pharma IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 33.99x | 2.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 17.14x | 14.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 25.71x | 8.88x |
