Comparison between Ishan International IPO and Sabar Flex IPO.
Ishan International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sabar Flex IPO is a SME Fixed Price proposed to list at NSE SME.
| Ishan International IPO | Sabar Flex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | First Overseas Capital Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Econo Broking Pvt.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 Ishan International IPO is up to ₹17.28 Cr whereas the issue size of the Sabar Flex IPO is up to ₹4.25 Cr. The final issue price of Ishan International IPO is ₹80.00 per share and of Sabar Flex IPO is ₹11.00 per share.
| Ishan International IPO | Sabar Flex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹11.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 10000 shares |
| Fresh Issue Size | 21,60,000 shares | 38,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.28 Cr | up to ₹4.25 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 | 21,60,000 shares | 38,60,000 shares |
| Issue Size Total (Amount) | up to ₹17.28 Cr | up to ₹4.25 Cr |
Ishan International IPO opens on Sep 09, 2022, while Sabar Flex IPO opens on Sep 08, 2022. The closing date of Ishan International IPO and Sabar Flex IPO is Sep 14, 2022, and Sep 13, 2022, respectively.
| Ishan International IPO | Sabar Flex IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2022 | Sep 08, 2022 |
| Issue Close | Sep 14, 2022 | Sep 13, 2022 |
| Basis Of Allotment (Tentative) | Sep 19, 2022 | Sep 16, 2022 |
| Initiation of Refunds (Tentative) | Sep 20, 2022 | Sep 19, 2022 |
| Credit of Share (Tentative) | Sep 21, 2022 | Sep 20, 2022 |
| Listing date (Tentative) | Sep 22, 2022 | Sep 21, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ishan International IPO P/E ratio is 38.09, as compared to Sabar Flex IPO P/E ratio of 9.48.
| Ishan International IPO | Sabar Flex IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.61 | 53.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.21 | 39.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.09 | 9.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹57.66 Cr. | ₹16.58 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.58 | ₹1.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21 | 14.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ishan International IPO Retail Individual Investors (RII) are offered 10,80,000 shares while in Sabar Flex IPO retail investors are offered 10,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Ishan International IPO and in Sabar Flex IPO.
| Ishan International IPO | Sabar Flex IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 2,10,000 shares |
| QIB | ||
| NII | 10,80,000 shares | 19,30,000 shares |
| RII | 10,80,000 shares | 19,30,000 shares |
| Employee | ||
| Others | ||
| Total | 21,60,000 shares | 38,60,000 shares |
Ishan International IPO subscribed 1.62x in total, whereas Sabar Flex IPO subscribed 85.47x.
| Ishan International IPO | Sabar Flex IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.60x | 116.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.65x | 54.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 85.47x |
