Comparison between Saakshi Medtech IPO and Sunita Tools IPO.
Saakshi Medtech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Saakshi Medtech IPO | Sunita Tools IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Saakshi Medtech IPO is up to ₹42.88 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Saakshi Medtech IPO is ₹97.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Saakshi Medtech IPO | Sunita Tools IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹97.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 44,20,800 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹42.88 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 0 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.90 Cr |
| Issue Size Total | 44,20,800 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹42.88 Cr | up to ₹20.91 Cr |
Saakshi Medtech IPO opens on Sep 25, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Saakshi Medtech IPO and Sunita Tools IPO is Sep 27, 2023, and Oct 03, 2023, respectively.
| Saakshi Medtech IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 25, 2023 | Sep 26, 2023 |
| Issue Close | Sep 27, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 03, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 04, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 05, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 03, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | Nov 02, 2023 | |
| Anchor Lockin End date 2 | Jan 01, 2024 |
Saakshi Medtech IPO P/E ratio is 10.18, as compared to Sunita Tools IPO P/E ratio of 16.88.
| Saakshi Medtech IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.18 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹171.26 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.35% | 12.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.57% | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.48 | 5.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.53 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.32% | 105.31% |
In the Saakshi Medtech IPO Retail Individual Investors (RII) are offered 15,48,000 shares while in Sunita Tools IPO retail investors are offered 15,48,000 shares. Qualified Institutional Buyers (QIB) are offered 8,84,400 shares in Saakshi Medtech IPO and in Sunita Tools IPO.
| Saakshi Medtech IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,24,800 shares | |
| Market Maker Reserveration | 2,35,200 shares | 78,000 shares |
| QIB | 8,84,400 shares | |
| NII | 6,63,600 shares | 7,21,000 shares |
| RII | 15,48,000 shares | 7,21,000 shares |
| Employee | ||
| Others | ||
| Total | 44,20,800 shares | 14,42,000 shares |
Saakshi Medtech IPO subscribed 91.65x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Saakshi Medtech IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | 37.35x | |
| NII (times) | 200.78x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 75.88x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 91.65x | 13.24x |
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