Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Sahaj Fashions IPO vs Sungarner Energies IPO

Comparison between Sahaj Fashions IPO and Sungarner Energies IPO.

IPO Details

Sahaj Fashions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE SME.

 Sahaj Fashions IPOSungarner Energies IPO
LogoSahaj Fashions IPO LogoSungarner Energies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersKhambatta Securities Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sahaj Fashions IPO is up to ₹13.25 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Sungarner Energies IPO is ₹83.00 per share.

 Sahaj Fashions IPOSungarner Energies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1600 shares
Fresh Issue Size42,40,000 shares5,82,400 shares
Fresh Issue Size (Amount)up to ₹12.72 Crup to ₹4.83 Cr
OFS Issue Size1,76,000 shares0 shares
OFS Issue Size (Amount)up to ₹0.53 Crup to ₹0.00 Cr
Issue Size Total44,16,000 shares5,82,400 shares
Issue Size Total (Amount)up to ₹13.25 Crup to ₹4.83 Cr

IPO Timetable

Sahaj Fashions IPO opens on Aug 25, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Sahaj Fashions IPO and Sungarner Energies IPO is Aug 29, 2023, and Aug 23, 2023, respectively.

 Sahaj Fashions IPOSungarner Energies IPO
Anchor Bid Date
Issue OpenAug 25, 2023Aug 21, 2023
Issue CloseAug 29, 2023Aug 23, 2023
Basis Of Allotment (Tentative)Sep 01, 2023Aug 28, 2023
Initiation of Refunds (Tentative)Sep 04, 2023Aug 29, 2023
Credit of Share (Tentative)Sep 05, 2023Aug 30, 2023
Listing date (Tentative)Sep 06, 2023Aug 31, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Sahaj Fashions IPO P/E ratio is , as compared to Sungarner Energies IPO P/E ratio of 13.07.

 Sahaj Fashions IPOSungarner Energies IPO
Financials
Sahaj Fashions IPO Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202228 Feb 2023
Assets6,476.396,711.736,998.597,179.34
Total Income9,933.617,475.548,698.369,101.07
Profit After Tax27.1931.9042.64288.71
Net Worth1,361.631,393.531,435.781,724.07
Reserves and Surplus620.41652.32694.56982.85
Total Borrowing1,019.031,608.651,795.461,519.24
Amount in ₹ Lakhs
Sungarner Energies IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets318.19536.271,014.67
Total Income536.43797.661,765.33
Profit After Tax15.7257.5074.31
Net Worth98.73156.23320.54
Reserves and Surplus52.23109.73152.66
Total Borrowing103.78226.62424.11
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97.9584.94
Promoter Shareholding (Post-Issue)61.49
P/E Ratio13.07
Market Cap₹39.50 Cr.₹19.25 Cr.
ROE31.17%
ROCE25.28%
Debt/Equity1.32
EPS₹6.35
RoNW23.18%

Shares Offered

In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Sungarner Energies IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sahaj Fashions IPO and in Sungarner Energies IPO.

 Sahaj Fashions IPOSungarner Energies IPO
Anchor Investor Reserveration
Market Maker Reserveration2,36,000 shares57,600 shares
QIB
NII22,08,000 shares2,91,200 shares
RII22,08,000 shares2,91,200 shares
Employee
Others
Total44,16,000 shares5,82,400 shares

Bids Received (Subscription)

Sahaj Fashions IPO subscribed 7.75x in total, whereas Sungarner Energies IPO subscribed 152.40x.

 Sahaj Fashions IPOSungarner Energies IPO
QIB (times)
NII (times)3.78x110.59x
Big NII (times)
Small NII (times)
RII (times)11.72x192.93x
Employee (times)
Other (times)
Total (times)7.75x152.40x