Comparison between Saakshi Medtech IPO and Sunita Tools IPO.
IPO Details
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.
Issue Size and Price
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 |
| 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 |
IPO Timetable
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 | |
Financials & KPIs
Saakshi Medtech IPO P/E ratio is 10.18, as compared to Sunita Tools IPO P/E ratio of 16.88.
Shares Offered
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 0 shares in Sunita Tools IPO.
| | Saakshi Medtech IPO | Sunita Tools IPO |
|---|
| Anchor Investor Reservation | 13,24,800 shares | 0 shares |
| Market Maker Reservation | 2,35,200 shares | 78,000 shares |
| QIB | 8,84,400 shares | 0 shares |
| NII | 6,63,600 shares | 7,21,000 shares |
| RII | 15,48,000 shares | 7,21,000 shares |
| Employee | | 0 shares |
| Total | 44,20,800 shares | 14,42,000 shares |
Bids Received (Subscription)
Saakshi Medtech IPO subscribed 64.18x in total, whereas Sunita Tools IPO subscribed 13.19x.
