Comparison between CFF Fluid Control IPO and Sahana System IPO.
CFF Fluid Control 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.
| CFF Fluid Control 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 | Aryaman Financial Services Ltd. | Interactive Financial Services Ltd. Unistone Capital Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets 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 CFF Fluid Control IPO is up to ₹81.50 Cr whereas the issue size of the Sahana System IPO is up to ₹31.05 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Sahana System IPO is ₹135.00 per share.
| CFF Fluid Control 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) | ₹165.00 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 | 49,39,200 shares | 23,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹81.50 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 | 49,39,200 shares | 23,00,000 shares |
| Issue Size Total (Amount) | up to ₹81.50 Cr | up to ₹31.05 Cr |
CFF Fluid Control IPO opens on May 30, 2023, while Sahana System IPO opens on May 31, 2023. The closing date of CFF Fluid Control IPO and Sahana System IPO is Jun 02, 2023, and Jun 02, 2023, respectively.
| CFF Fluid Control IPO | Sahana System IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 30, 2023 | May 31, 2023 |
| Issue Close | Jun 02, 2023 | Jun 02, 2023 |
| Basis Of Allotment (Tentative) | Jun 07, 2023 | Jun 07, 2023 |
| Initiation of Refunds (Tentative) | Jun 08, 2023 | Jun 08, 2023 |
| Credit of Share (Tentative) | Jun 09, 2023 | Jun 09, 2023 |
| Listing date (Tentative) | Jun 12, 2023 | Jun 12, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
CFF Fluid Control IPO P/E ratio is 30.22, as compared to Sahana System IPO P/E ratio of 16.88.
| CFF Fluid Control IPO | Sahana System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 90.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.22 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹321.32 Cr. | ₹107.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 52 | 83.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.81 | 61.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.22 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹11.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.56 | 59.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the CFF Fluid Control IPO Retail Individual Investors (RII) are offered 24,69,600 shares while in Sahana System IPO retail investors are offered 24,69,600 shares. Qualified Institutional Buyers (QIB) are offered in CFF Fluid Control IPO and 2,30,000 shares in Sahana System IPO.
| CFF Fluid Control IPO | Sahana System IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,60,800 shares | 1,25,000 shares |
| QIB | 2,30,000 shares | |
| NII | 24,69,600 shares | 10,35,000 shares |
| RII | 24,69,600 shares | 10,35,000 shares |
| Employee | ||
| Others | ||
| Total | 49,39,200 shares | 23,00,000 shares |
CFF Fluid Control IPO subscribed 2.21x in total, whereas Sahana System IPO subscribed 9.99x.
| CFF Fluid Control IPO | Sahana System IPO | |
|---|---|---|
| QIB (times) | 9.70x | |
| NII (times) | 2.75x | 7.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.67x | 12.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.21x | 9.99x |
