Sabar Flex IPO vs Tapi Fruit Processing IPO

Comparison between Sabar Flex IPO and Tapi Fruit Processing IPO.

IPO Details

Sabar Flex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tapi Fruit Processing IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sabar Flex IPO is up to ₹4.25 Cr whereas the issue size of the Tapi Fruit Processing IPO is up to ₹4.92 Cr. The final issue price of Sabar Flex IPO is ₹11.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.

 Sabar Flex IPOTapi Fruit Processing IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹11.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size38,60,000 shares10,26,000 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹4.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,60,000 shares10,26,000 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹4.92 Cr

IPO Timetable

Sabar Flex IPO opens on Sep 08, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Sabar Flex IPO and Tapi Fruit Processing IPO is Sep 13, 2022, and Sep 14, 2022, respectively.

 Sabar Flex IPOTapi Fruit Processing IPO
Issue OpenSep 08, 2022Sep 12, 2022
Issue CloseSep 13, 2022Sep 14, 2022
Basis Of Allotment (Tentative)Sep 16, 2022Sep 19, 2022
Initiation of Refunds (Tentative)Sep 19, 2022Sep 20, 2022
Credit of Share (Tentative)Sep 20, 2022Sep 21, 2022
Listing date (Tentative)Sep 21, 2022Sep 22, 2022

Financials & KPIs

Sabar Flex IPO P/E ratio is 9.48, as compared to Tapi Fruit Processing IPO P/E ratio of 120.

 Sabar Flex IPOTapi Fruit Processing IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets8.037.375.89
Total Income15.2213.1311.46
Profit After Tax0.160.10-0.01
NET Worth0.430.270.17
Reserves and Surplus0.180.02-0.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)53.25%99.94%
Promoter Shareholding (Post-Issue)39%72.22%
P/E Ratio9.48120
Market Cap₹16.58 Cr.₹18.79 Cr.
Debt/Equity12.40
EPS₹1.58₹6.24
RoNW14.7836.26

Shares Offered

In the Sabar Flex IPO Retail Individual Investors (RII) are offered 19,30,000 shares while in Tapi Fruit Processing IPO retail investors are offered 19,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Sabar Flex IPO and in Tapi Fruit Processing IPO.

 Sabar Flex IPOTapi Fruit Processing IPO
Market Maker Reservation2,10,000 shares60,000 shares
NII19,30,000 shares5,13,000 shares
RII19,30,000 shares5,13,000 shares
Total38,60,000 shares10,26,000 shares

Bids Received (Subscription)

Sabar Flex IPO subscribed 85.47x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.

 Sabar Flex IPOTapi Fruit Processing IPO
NII (times)116.46x1.93x
RII (times)54.47x3.32x
Total (times)85.47x2.62x

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