Comparison between Sabar Flex IPO and Varanium Cloud IPO.
Sabar Flex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.
| Sabar Flex IPO | Varanium Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Econo Broking Pvt.Ltd. | Rikhav Securities 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 Sabar Flex IPO is up to ₹4.25 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Sabar Flex IPO is ₹11.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
| Sabar Flex IPO | Varanium Cloud IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹11.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 1000 shares |
| Fresh Issue Size | 38,60,000 shares | 25,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.25 Cr | up to ₹30.67 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 | 38,60,000 shares | 25,14,000 shares |
| Issue Size Total (Amount) | up to ₹4.25 Cr | up to ₹30.67 Cr |
Sabar Flex IPO opens on Sep 08, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Sabar Flex IPO and Varanium Cloud IPO is Sep 13, 2022, and Sep 20, 2022, respectively.
| Sabar Flex IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 08, 2022 | Sep 16, 2022 |
| Issue Close | Sep 13, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 16, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 19, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 20, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 21, 2022 | Sep 27, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sabar Flex IPO P/E ratio is 9.48, as compared to Varanium Cloud IPO P/E ratio of 14.59.
| Sabar Flex IPO | Varanium Cloud IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 53.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 39.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.48 | 14.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹16.58 Cr. | ₹122.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.58 | ₹23.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.78 | 55.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sabar Flex IPO Retail Individual Investors (RII) are offered 19,30,000 shares while in Varanium Cloud IPO retail investors are offered 19,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Sabar Flex IPO and in Varanium Cloud IPO.
| Sabar Flex IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,10,000 shares | 4,86,000 shares |
| QIB | ||
| NII | 19,30,000 shares | 12,57,000 shares |
| RII | 19,30,000 shares | 12,57,000 shares |
| Employee | ||
| Others | ||
| Total | 38,60,000 shares | 25,14,000 shares |
Sabar Flex IPO subscribed 85.47x in total, whereas Varanium Cloud IPO subscribed 5.46x.
| Sabar Flex IPO | Varanium Cloud IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 116.46x | 5.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 54.47x | 5.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 85.47x | 5.46x |
