Maks Energy Solutions IPO vs Sabar Flex IPO

Comparison between Maks Energy Solutions IPO and Sabar Flex IPO.

IPO Details

Maks Energy Solutions 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.

Issue Size and Price

The total issue size of Maks Energy Solutions IPO is up to ₹3.79 Cr whereas the issue size of the Sabar Flex IPO is up to ₹4.25 Cr. The final issue price of Maks Energy Solutions IPO is ₹20.00 per share and of Sabar Flex IPO is ₹11.00 per share.

 Maks Energy Solutions IPOSabar Flex IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹11.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares10000 shares
Fresh Issue Size18,96,000 shares38,60,000 shares
Fresh Issue Size (Amount)up to ₹3.79 Crup to ₹4.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,96,000 shares38,60,000 shares
Issue Size Total (Amount)up to ₹3.79 Crup to ₹4.25 Cr

IPO Timetable

Maks Energy Solutions IPO opens on Sep 16, 2022, while Sabar Flex IPO opens on Sep 08, 2022. The closing date of Maks Energy Solutions IPO and Sabar Flex IPO is Sep 20, 2022, and Sep 13, 2022, respectively.

 Maks Energy Solutions IPOSabar Flex IPO
Issue OpenSep 16, 2022Sep 08, 2022
Issue CloseSep 20, 2022Sep 13, 2022
Basis Of Allotment (Tentative)Sep 23, 2022Sep 16, 2022
Initiation of Refunds (Tentative)Sep 26, 2022Sep 19, 2022
Credit of Share (Tentative)Sep 26, 2022Sep 20, 2022
Listing date (Tentative)Sep 28, 2022Sep 21, 2022

Financials & KPIs

Maks Energy Solutions IPO P/E ratio is , as compared to Sabar Flex IPO P/E ratio of 9.48.

 Maks Energy Solutions IPOSabar Flex IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets35.8741.1542.31
Total Income28.2520.9243.35
Profit After Tax0.51-0.011.69
NET Worth0.000.000.00
Reserves and Surplus0.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets51.8751.6240.91
Total Income72.3773.9863.64
Profit After Tax1.741.400.90
NET Worth15.7313.9812.58
Reserves and Surplus4.732.981.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%53.25%
Promoter Shareholding (Post-Issue)71.19%39%
P/E Ratio9.48
Market Cap₹13.87 Cr.₹16.58 Cr.
ROE-8.92
ROCE29.07
Debt/Equity2.13
EPS₹-2.17₹1.58
RoNW-9.3414.78

Shares Offered

In the Maks Energy Solutions IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Sabar Flex IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Maks Energy Solutions IPO and in Sabar Flex IPO.

 Maks Energy Solutions IPOSabar Flex IPO
Market Maker Reservation1,02,000 shares2,10,000 shares
NII9,48,000 shares19,30,000 shares
RII9,48,000 shares19,30,000 shares
Total18,96,000 shares38,60,000 shares

Bids Received (Subscription)

Maks Energy Solutions IPO subscribed 26.31x in total, whereas Sabar Flex IPO subscribed 85.47x.

 Maks Energy Solutions IPOSabar Flex IPO
NII (times)36.20x116.46x
RII (times)16.43x54.47x
Total (times)26.31x85.47x

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