Comparison between Bizotic Commercial IPO and Sahana System IPO.
Bizotic Commercial IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sahana System IPO is a SME Bookbuilding proposed to list at NSE SME.
| Bizotic Commercial IPO | Sahana System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Interactive Financial Services Ltd. Unistone Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bizotic Commercial IPO is up to ₹40.10 Cr whereas the issue size of the Sahana System IPO is up to ₹31.05 Cr. The final issue price of Bizotic Commercial IPO is ₹175.00 per share and of Sahana System IPO is ₹135.00 per share.
| Bizotic Commercial IPO | Sahana System IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹132.00 per share | |
| Issue Price (Upper) | ₹135.00 per share | |
| Issue Price (Final) | ₹175.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 1000 shares |
| Fresh Issue Size | 22,91,200 shares | 23,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.10 Cr | up to ₹31.05 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 | 22,91,200 shares | 23,00,000 shares |
| Issue Size Total (Amount) | up to ₹40.10 Cr | up to ₹31.05 Cr |
Bizotic Commercial IPO opens on Jun 12, 2023, while Sahana System IPO opens on May 31, 2023. The closing date of Bizotic Commercial IPO and Sahana System IPO is Jun 15, 2023, and Jun 02, 2023, respectively.
| Bizotic Commercial IPO | Sahana System IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 12, 2023 | May 31, 2023 |
| Issue Close | Jun 15, 2023 | Jun 02, 2023 |
| Basis Of Allotment (Tentative) | Jun 20, 2023 | Jun 07, 2023 |
| Initiation of Refunds (Tentative) | Jun 21, 2023 | Jun 08, 2023 |
| Credit of Share (Tentative) | Jun 22, 2023 | Jun 09, 2023 |
| Listing date (Tentative) | Jun 23, 2023 | Jun 12, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bizotic Commercial IPO P/E ratio is 36.38, as compared to Sahana System IPO P/E ratio of 16.88.
| Bizotic Commercial IPO | Sahana System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 90.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 36.38 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹140.70 Cr. | ₹107.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 83.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 61.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.82 | ₹11.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.27 | 59.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bizotic Commercial IPO Retail Individual Investors (RII) are offered 11,45,600 shares while in Sahana System IPO retail investors are offered 11,45,600 shares. Qualified Institutional Buyers (QIB) are offered in Bizotic Commercial IPO and 2,30,000 shares in Sahana System IPO.
| Bizotic Commercial IPO | Sahana System IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,800 shares | 1,25,000 shares |
| QIB | 2,30,000 shares | |
| NII | 11,45,600 shares | 10,35,000 shares |
| RII | 11,45,600 shares | 10,35,000 shares |
| Employee | ||
| Others | ||
| Total | 22,91,200 shares | 23,00,000 shares |
Bizotic Commercial IPO subscribed 1.87x in total, whereas Sahana System IPO subscribed 9.99x.
| Bizotic Commercial IPO | Sahana System IPO | |
|---|---|---|
| QIB (times) | 9.70x | |
| NII (times) | 2.00x | 7.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.74x | 12.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.87x | 9.99x |
