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Chetana Education IPO vs S A Tech Software IPO

Comparison between Chetana Education IPO and S A Tech Software IPO.

IPO Details

Chetana Education IPO is a SME Bookbuilding IPO proposed to list at NSE SME while S A Tech Software IPO is a SME Bookbuilding proposed to list at NSE SME.

 Chetana Education IPOS A Tech Software IPO
LogoChetana Education IPO LogoS A Tech Software IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the S A Tech Software IPO is up to ₹21.33 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of S A Tech Software IPO is ₹59.00 per share.

 Chetana Education IPOS A Tech Software IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share₹56.00 per share
Issue Price (Upper)₹85.00 per share₹59.00 per share
Issue Price (Final)₹85.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size51,26,400 shares36,16,000 shares
Fresh Issue Size (Amount)up to ₹43.57 Crup to ₹21.33 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total51,26,400 shares36,16,000 shares
Issue Size Total (Amount)up to ₹43.57 Crup to ₹21.33 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while S A Tech Software IPO opens on Jul 26, 2024. The closing date of Chetana Education IPO and S A Tech Software IPO is Jul 26, 2024, and Jul 30, 2024, respectively.

 Chetana Education IPOS A Tech Software IPO
Anchor Bid DateJul 23, 2024Jul 25, 2024
Issue OpenJul 24, 2024Jul 26, 2024
Issue CloseJul 26, 2024Jul 30, 2024
Basis Of Allotment (Tentative)Jul 29, 2024Jul 31, 2024
Initiation of Refunds (Tentative)Jul 30, 2024Aug 01, 2024
Credit of Share (Tentative)Jul 30, 2024Aug 01, 2024
Listing date (Tentative)Jul 31, 2024Aug 02, 2024
Anchor Lockin End date 1Aug 28, 2024Aug 30, 2024
Anchor Lockin End date 2Oct 27, 2024Oct 29, 2024

Financials & KPIs

Chetana Education IPO P/E ratio is 10.59, as compared to S A Tech Software IPO P/E ratio of 14.65.

 Chetana Education IPOS A Tech Software IPO
Financials

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets9,475.098,315.087,605.826,825.10
Total Income9,367.067,560.774,312.213,270.96
Profit After Tax1,203.47685.47168.06280.30
Net Worth2,524.552,281.921,947.332,091.10
Reserves and Surplus1,024.55
Total Borrowing5,128.734,299.503,876.033,487.85
Amount in ₹ Lakhs

S A Tech Software India Limited Financial Information (Restated)

S A Tech Software India Limited's revenue increased by 27.59% and profit after tax (PAT) rose by 266.7% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets4,703.233,706.063,465.953,229.19
Total Income2,397.187,238.125,673.054,154.37
Profit After Tax248.07368.86100.59-548.25
Net Worth1,414.431,166.35772.48663.89
Reserves and Surplus498.70250.62729.50620.91
Total Borrowing2,105.221,288.121,459.181,959.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0079.27
Promoter Shareholding (Post-Issue)73.53
P/E Ratio10.5914.65
Market Cap₹173.40 Cr.₹77.04 Cr.
ROE50.08%
ROCE26.87%10.95%
Debt/Equity1.49
EPS₹8.02₹4.03
RoNW47.67%17.54%

Shares Offered

In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in S A Tech Software IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 7,24,000 shares in S A Tech Software IPO.

 Chetana Education IPOS A Tech Software IPO
Anchor Investor Reserveration15,36,000 shares10,82,000 shares
Market Maker Reserveration2,73,600 shares2,84,000 shares
QIB10,25,600 shares7,24,000 shares
NII7,69,600 shares5,44,000 shares
RII17,95,200 shares12,66,000 shares
Employee
Others
Total51,26,400 shares36,16,000 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas S A Tech Software IPO subscribed 621.25x.

 Chetana Education IPOS A Tech Software IPO
QIB (times)101.22x201.29x
NII (times)468.42x1,178.97x
Big NII (times)
Small NII (times)
RII (times)135.11x621.77x
Employee (times)
Other (times)
Total (times)196.87x621.25x