Prospect Commodities IPO vs Sudarshan Pharma Industries IPO

Comparison between Prospect Commodities IPO and Sudarshan Pharma Industries IPO.

IPO Details

Prospect Commodities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sudarshan Pharma Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Prospect Commodities IPO is up to ₹7.10 Cr whereas the issue size of the Sudarshan Pharma Industries IPO is up to ₹47.58 Cr. The final issue price of Prospect Commodities IPO is ₹61.00 per share and of Sudarshan Pharma Industries IPO is ₹73.00 per share.

 Prospect Commodities IPOSudarshan Pharma Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹73.00 per share
Issue Price (Final)₹61.00 per share₹73.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size11,64,000 shares65,18,400 shares
Fresh Issue Size (Amount)up to ₹7.10 Crup to ₹47.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,64,000 shares65,18,400 shares
Issue Size Total (Amount)up to ₹7.10 Crup to ₹47.58 Cr

IPO Timetable

Prospect Commodities IPO opens on Mar 08, 2023, while Sudarshan Pharma Industries IPO opens on Mar 09, 2023. The closing date of Prospect Commodities IPO and Sudarshan Pharma Industries IPO is Mar 13, 2023, and Mar 14, 2023, respectively.

 Prospect Commodities IPOSudarshan Pharma Industries IPO
Anchor Bid DateMar 08, 2023
Issue OpenMar 08, 2023Mar 09, 2023
Issue CloseMar 13, 2023Mar 14, 2023
Basis Of Allotment (Tentative)Mar 16, 2023Mar 17, 2023
Initiation of Refunds (Tentative)Mar 17, 2023Mar 20, 2023
Credit of Share (Tentative)Mar 20, 2023Mar 21, 2023
Listing date (Tentative)Mar 20, 2023Mar 22, 2023
Anchor Lockin End date 1Apr 16, 2023
Anchor Lockin End date 2Jun 15, 2023

Financials & KPIs

Prospect Commodities IPO P/E ratio is 31.44, as compared to Sudarshan Pharma Industries IPO P/E ratio of 24.33.

 Prospect Commodities IPOSudarshan Pharma Industries IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Nov 202231 Mar 2022
Assets9.770.01
Total Income8.400.00
Profit After Tax0.53-0.00
NET Worth2.940.01
Reserves and Surplus0.53-0.00
Total Borrowing3.640.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 2021
Assets164.02137.5299.26
Total Income195.90357.56193.73
Profit After Tax3.615.302.67
NET Worth51.0929.7822.51
Reserves and Surplus39.9720.0312.96
Total Borrowing49.4130.5929.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.4480.28
Promoter Shareholding (Post-Issue)61.94
P/E Ratio31.4424.33
Market Cap₹24.95 Cr.₹175.68 Cr.
ROE-17.6517.81
ROCE-17.6538.59
Debt/Equity1.09
EPS₹5.52
RoNW17.81

Shares Offered

In the Prospect Commodities IPO Retail Individual Investors (RII) are offered 5,82,000 shares while in Sudarshan Pharma Industries IPO retail investors are offered 5,82,000 shares. Qualified Institutional Buyers (QIB) are offered in Prospect Commodities IPO and 5,21,600 shares in Sudarshan Pharma Industries IPO.

 Prospect Commodities IPOSudarshan Pharma Industries IPO
Anchor Investor Reservation7,80,800 shares
Market Maker Reservation62,000 shares3,44,000 shares
QIB5,21,600 shares
NII5,82,000 shares15,64,800 shares
RII5,82,000 shares36,51,200 shares
Employee
Others
Total11,64,000 shares65,18,400 shares

Bids Received (Subscription)

Prospect Commodities IPO subscribed 5.31x in total, whereas Sudarshan Pharma Industries IPO subscribed 1.06x.

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