Comparison between Divgi TorqTransfer Systems IPO and Sah Polymers IPO.
Divgi TorqTransfer Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sah Polymers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Divgi TorqTransfer Systems IPO is up to ₹412.12 Cr whereas the issue size of the Sah Polymers IPO is up to ₹66.30 Cr. The final issue price of Divgi TorqTransfer Systems IPO is ₹590.00 per share and of Sah Polymers IPO is ₹65.00 per share.
| Divgi TorqTransfer Systems IPO | Sah Polymers IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹560.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹590.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹590.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 25 shares | 230 shares |
| Fresh Issue Size | 30,50,847 shares | 1,02,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹180.00 Cr | up to ₹66.30 Cr |
| OFS Issue Size | 39,34,243 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹232.12 Cr | up to ₹0.00 Cr |
| Issue Size Total | 69,85,090 shares | 1,02,00,000 shares |
| Issue Size Total (Amount) | up to ₹412.12 Cr | up to ₹66.30 Cr |
Divgi TorqTransfer Systems IPO opens on Mar 01, 2023, while Sah Polymers IPO opens on Dec 30, 2022. The closing date of Divgi TorqTransfer Systems IPO and Sah Polymers IPO is Mar 03, 2023, and Jan 04, 2023, respectively.
| Divgi TorqTransfer Systems IPO | Sah Polymers IPO | |
|---|---|---|
| Anchor Bid Date | Feb 28, 2023 | Dec 29, 2022 |
| Issue Open | Mar 01, 2023 | Dec 30, 2022 |
| Issue Close | Mar 03, 2023 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Mar 09, 2023 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Mar 10, 2023 | Jan 10, 2023 |
| Credit of Share (Tentative) | Mar 13, 2023 | Jan 11, 2023 |
| Listing date (Tentative) | Mar 14, 2023 | Jan 12, 2023 |
| Anchor Lockin End date 1 | Apr 08, 2023 | Feb 08, 2023 |
| Anchor Lockin End date 2 | Jun 07, 2023 | Apr 09, 2023 |
Divgi TorqTransfer Systems IPO P/E ratio is 35.16, as compared to Sah Polymers IPO P/E ratio of 33.51.
| Divgi TorqTransfer Systems IPO | Sah Polymers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.18 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.16 | 33.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1804.39 Cr. | ₹167.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.52 | 16.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.47 | 0.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.76 | ₹2.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.57 | 16.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divgi TorqTransfer Systems IPO Retail Individual Investors (RII) are offered 6,98,509 shares while in Sah Polymers IPO retail investors are offered 6,98,509 shares. Qualified Institutional Buyers (QIB) are offered 20,95,528 shares in Divgi TorqTransfer Systems IPO and 30,60,000 shares in Sah Polymers IPO.
| Divgi TorqTransfer Systems IPO | Sah Polymers IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,43,290 shares | 45,90,000 shares |
| Market Maker Reservation | ||
| QIB | 20,95,528 shares | 30,60,000 shares |
| NII | 10,47,763 shares | 15,30,000 shares |
| RII | 6,98,509 shares | 10,20,000 shares |
| Employee | ||
| Others | ||
| Total | 69,85,090 shares | 1,02,00,000 shares |
Divgi TorqTransfer Systems IPO subscribed 5.44x in total, whereas Sah Polymers IPO subscribed 17.46x.
| Divgi TorqTransfer Systems IPO | Sah Polymers IPO | |
|---|---|---|
| QIB (times) | 7.83x | 2.40x |
| NII (times) | 1.40x | 32.69x |
| Big NII (times) | 0.89x | 33.94x |
| Small NII (times) | 2.41x | 30.20x |
| RII (times) | 4.31x | 39.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.44x | 17.46x |
