Comparison between Sahaj Solar IPO and SAR Televenture FPO.
Sahaj Solar IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SAR Televenture FPO is a SME Bookbuilding proposed to list at NSE SME.
| Sahaj Solar IPO | SAR Televenture FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | FPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Kunvarji Finstock Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Asit C.Mehta Investment Interrmediates Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sahaj Solar IPO is up to ₹49.89 Cr whereas the issue size of the SAR Televenture FPO is up to ₹142.50 Cr. The final issue price of Sahaj Solar IPO is ₹180.00 per share and of SAR Televenture FPO is ₹210.00 per share.
| Sahaj Solar IPO | SAR Televenture FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹171.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹180.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹180.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 800 shares | 500 shares |
| Fresh Issue Size | 27,73,600 shares | 67,85,500 shares |
| Fresh Issue Size (Amount) | up to ₹49.89 Cr | up to ₹142.50 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 | 27,73,600 shares | 67,85,500 shares |
| Issue Size Total (Amount) | up to ₹49.89 Cr | up to ₹142.50 Cr |
Sahaj Solar IPO opens on Jul 11, 2024, while SAR Televenture FPO opens on Jul 22, 2024. The closing date of Sahaj Solar IPO and SAR Televenture FPO is Jul 15, 2024, and Jul 24, 2024, respectively.
| Sahaj Solar IPO | SAR Televenture FPO | |
|---|---|---|
| Anchor Bid Date | Jul 10, 2024 | Jul 19, 2024 |
| Issue Open | Jul 11, 2024 | Jul 22, 2024 |
| Issue Close | Jul 15, 2024 | Jul 24, 2024 |
| Basis Of Allotment (Tentative) | Jul 16, 2024 | Jul 25, 2024 |
| Initiation of Refunds (Tentative) | Jul 18, 2024 | Jul 26, 2024 |
| Credit of Share (Tentative) | Jul 18, 2024 | Jul 26, 2024 |
| Listing date (Tentative) | Jul 19, 2024 | Jul 29, 2024 |
| Anchor Lockin End date 1 | Aug 15, 2024 | Aug 24, 2024 |
| Anchor Lockin End date 2 | Oct 14, 2024 | Oct 23, 2024 |
Sahaj Solar IPO P/E ratio is 10.86, as compared to SAR Televenture FPO P/E ratio of 14.79.
| Sahaj Solar IPO | SAR Televenture FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.08 | 87.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.28 | 61.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.86 | 14.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.75 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.96% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.47% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.96% | 32.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Solar IPO Retail Individual Investors (RII) are offered 9,62,400 shares while in SAR Televenture FPO retail investors are offered 9,62,400 shares. Qualified Institutional Buyers (QIB) are offered 5,50,400 shares in Sahaj Solar IPO and 13,57,000 shares in SAR Televenture FPO.
| Sahaj Solar IPO | SAR Televenture FPO | |
|---|---|---|
| Anchor Investor Reservation | 8,24,000 shares | 20,35,500 shares |
| Market Maker Reservation | 1,46,400 shares | 3,57,000 shares |
| QIB | 5,50,400 shares | 13,57,000 shares |
| NII | 4,12,800 shares | 10,18,000 shares |
| RII | 9,62,400 shares | 23,75,000 shares |
| Employee | 24,000 shares | |
| Others | ||
| Total | 27,73,600 shares | 67,85,500 shares |
Sahaj Solar IPO subscribed 507.21x in total, whereas SAR Televenture FPO subscribed 7.49x.
| Sahaj Solar IPO | SAR Televenture FPO | |
|---|---|---|
| QIB (times) | 214.27x | 8.31x |
| NII (times) | 862.35x | 8.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 535.03x | 6.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 507.21x | 7.49x |
