Sabar Flex IPO vs Virtuoso Optoelectronics IPO

Comparison between Sabar Flex IPO and Virtuoso Optoelectronics IPO.

IPO Details

Sabar Flex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Virtuoso Optoelectronics IPO is a SME Fixed Price proposed to list at BSE 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 Virtuoso Optoelectronics IPO is up to ₹28.67 Cr. The final issue price of Sabar Flex IPO is ₹11.00 per share and of Virtuoso Optoelectronics IPO is ₹56.00 per share.

 Sabar Flex IPOVirtuoso Optoelectronics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹11.00 per share₹56.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares2000 shares
Fresh Issue Size38,60,000 shares51,20,000 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹28.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,60,000 shares51,20,000 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹28.67 Cr

IPO Timetable

Sabar Flex IPO opens on Sep 08, 2022, while Virtuoso Optoelectronics IPO opens on Sep 02, 2022. The closing date of Sabar Flex IPO and Virtuoso Optoelectronics IPO is Sep 13, 2022, and Sep 07, 2022, respectively.

Financials & KPIs

Sabar Flex IPO P/E ratio is 9.48, as compared to Virtuoso Optoelectronics IPO P/E ratio of 6.92.

 Sabar Flex IPOVirtuoso Optoelectronics 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 Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets133.51125.5679.9057.19
Total Income74.00200.28115.5168.39
Profit After Tax4.123.942.081.41
NET Worth25.3921.2613.3211.24
Reserves and Surplus10.406.2811.669.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)53.25100
Promoter Shareholding (Post-Issue)39.0073.51
P/E Ratio9.486.92
Market Cap₹16.58 Cr.₹114.14 Cr.
ROE
ROCE
Debt/Equity0.20
EPS₹1.58₹3.11
RoNW14.7818.53

Shares Offered

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

 Sabar Flex IPOVirtuoso Optoelectronics IPO
Anchor Investor Reservation
Market Maker Reservation2,10,000 shares2,80,000 shares
QIB
NII19,30,000 shares25,60,000 shares
RII19,30,000 shares25,60,000 shares
Employee
Others
Total38,60,000 shares51,20,000 shares

Bids Received (Subscription)

Sabar Flex IPO subscribed 85.47x in total, whereas Virtuoso Optoelectronics IPO subscribed 96.91x.

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