Mono Pharmacare IPO vs Sahaj Fashions IPO

Comparison between Mono Pharmacare IPO and Sahaj Fashions IPO.

IPO Details

Mono Pharmacare IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sahaj Fashions IPO is a SME Fixed Price proposed to list at NSE SME.

	Mono Pharmacare IPO	Sahaj Fashions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Unistone Capital Pvt.Ltd.	Khambatta Securities Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	NNM Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mono Pharmacare IPO is up to ₹14.07 Cr whereas the issue size of the Sahaj Fashions IPO is up to ₹13.25 Cr. The final issue price of Mono Pharmacare IPO is ₹28.00 per share and of Sahaj Fashions IPO is ₹30.00 per share.

	Mono Pharmacare IPO	Sahaj Fashions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹26.00 per share
Issue Price (Upper)	₹28.00 per share
Issue Price (Final)	₹28.00 per share	₹30.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	4000 shares	4000 shares
Fresh Issue Size	50,24,000 shares	42,40,000 shares
Fresh Issue Size (Amount)	up to ₹14.07 Cr	up to ₹12.72 Cr
OFS Issue Size	0 shares	1,76,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.53 Cr
Issue Size Total	50,24,000 shares	44,16,000 shares
Issue Size Total (Amount)	up to ₹14.07 Cr	up to ₹13.25 Cr

IPO Timetable

Mono Pharmacare IPO opens on Aug 28, 2023, while Sahaj Fashions IPO opens on Aug 25, 2023. The closing date of Mono Pharmacare IPO and Sahaj Fashions IPO is Aug 30, 2023, and Aug 29, 2023, respectively.

	Mono Pharmacare IPO	Sahaj Fashions IPO
Anchor Bid Date
Issue Open	Aug 28, 2023	Aug 25, 2023
Issue Close	Aug 30, 2023	Aug 29, 2023
Basis Of Allotment (Tentative)	Sep 04, 2023	Sep 01, 2023
Initiation of Refunds (Tentative)	Sep 05, 2023	Sep 04, 2023
Credit of Share (Tentative)	Sep 06, 2023	Sep 05, 2023
Listing date (Tentative)	Sep 07, 2023	Sep 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mono Pharmacare IPO P/E ratio is , as compared to Sahaj Fashions IPO P/E ratio of .

Mono Pharmacare IPO

Sahaj Fashions IPO

Financials

Mono Pharmacare IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	871.70	1,122.46	1,438.31	6,257.39
Total Income	1,168.90	2,837.83	3,710.27
Profit After Tax	1.99	9.51	35.09
Net Worth	201.92	369.58	427.57
Reserves and Surplus				131.71
Total Borrowing	633.46	608.03	643.93

Amount in ₹ Lakhs

Sahaj Fashions IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	28 Feb 2023
Assets	6,476.39	6,711.73	6,998.59	7,179.34
Total Income	9,933.61	7,475.54	8,698.36	9,101.07
Profit After Tax	27.19	31.90	42.64	288.71
Net Worth	1,361.63	1,393.53	1,435.78	1,724.07
Reserves and Surplus	620.41	652.32	694.56	982.85
Total Borrowing	1,019.03	1,608.65	1,795.46	1,519.24

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.02

97.95

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

₹49.47 Cr.

₹39.50 Cr.

ROE

9.01%

ROCE

10.34%

Debt/Equity

2.92

EPS

₹1.99

RoNW

9.01%

Shares Offered

In the Mono Pharmacare IPO Retail Individual Investors (RII) are offered 22,64,000 shares while in Sahaj Fashions IPO retail investors are offered 22,64,000 shares. Qualified Institutional Buyers (QIB) are offered 5,00,000 shares in Mono Pharmacare IPO and in Sahaj Fashions IPO.

	Mono Pharmacare IPO	Sahaj Fashions IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,76,000 shares	2,36,000 shares
QIB	5,00,000 shares
NII	22,60,000 shares	22,08,000 shares
RII	22,64,000 shares	22,08,000 shares
Employee
Others
Total	50,24,000 shares	44,16,000 shares

Bids Received (Subscription)

Mono Pharmacare IPO subscribed 13.42x in total, whereas Sahaj Fashions IPO subscribed 7.75x.

	Mono Pharmacare IPO	Sahaj Fashions IPO
QIB (times)	10.89x
NII (times)	8.00x	3.78x
Big NII (times)
Small NII (times)
RII (times)	19.40x	11.72x
Employee (times)
Other (times)
Total (times)	13.42x	7.75x

Compare with others

Mono Pharmacare IPO	Sahaj Fashions IPO
Kahan Packaging IPO	Saroja Pharma IPO
Pramara Promotions IPO	Basilic Fly Studio IPO
Saroja Pharma IPO	C P S Shapers IPO
Basilic Fly Studio IPO	Mono Pharmacare IPO
C P S Shapers IPO	Sungarner Energies IPO
Sungarner Energies IPO	Shoora Designs IPO
Sahaj Fashions IPO	Bondada Engineering IPO
Shoora Designs IPO	Crop Life Science IPO
Bondada Engineering IPO	Shelter Pharma IPO
Crop Life Science IPO	Sangani Hospitals IPO