Comparison between Hemant Surgical Industries IPO and Sahana System IPO.
Hemant Surgical Industries 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.
| Hemant Surgical Industries IPO | Sahana System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Interactive Financial Services Ltd. Unistone Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Hemant Surgical Industries IPO is up to ₹23.54 Cr whereas the issue size of the Sahana System IPO is up to ₹31.05 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Sahana System IPO is ₹135.00 per share.
| Hemant Surgical Industries IPO | Sahana System IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | ₹132.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹135.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 26,16,000 shares | 23,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.54 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 | 26,16,000 shares | 23,00,000 shares |
| Issue Size Total (Amount) | up to ₹23.54 Cr | up to ₹31.05 Cr |
Hemant Surgical Industries IPO opens on May 24, 2023, while Sahana System IPO opens on May 31, 2023. The closing date of Hemant Surgical Industries IPO and Sahana System IPO is May 26, 2023, and Jun 02, 2023, respectively.
| Hemant Surgical Industries IPO | Sahana System IPO | |
|---|---|---|
| Anchor Bid Date | May 23, 2023 | |
| Issue Open | May 24, 2023 | May 31, 2023 |
| Issue Close | May 26, 2023 | Jun 02, 2023 |
| Basis Of Allotment (Tentative) | May 31, 2023 | Jun 07, 2023 |
| Initiation of Refunds (Tentative) | Jun 01, 2023 | Jun 08, 2023 |
| Credit of Share (Tentative) | Jun 02, 2023 | Jun 09, 2023 |
| Listing date (Tentative) | Jun 05, 2023 | Jun 12, 2023 |
| Anchor Lockin End date 1 | Jun 30, 2023 | |
| Anchor Lockin End date 2 | Aug 29, 2023 |
Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Sahana System IPO P/E ratio of 16.88.
| Hemant Surgical Industries IPO | Sahana System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 90.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.28 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹93.96 Cr. | ₹107.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.42 | 83.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.98 | 61.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.26 | ₹11.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.42 | 59.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Hemant Surgical Industries IPO Retail Individual Investors (RII) are offered 9,16,800 shares while in Sahana System IPO retail investors are offered 9,16,800 shares. Qualified Institutional Buyers (QIB) are offered 5,23,200 shares in Hemant Surgical Industries IPO and 2,30,000 shares in Sahana System IPO.
| Hemant Surgical Industries IPO | Sahana System IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,82,400 shares | |
| Market Maker Reservation | 1,44,000 shares | 1,25,000 shares |
| QIB | 5,23,200 shares | 2,30,000 shares |
| NII | 3,93,600 shares | 10,35,000 shares |
| RII | 9,16,800 shares | 10,35,000 shares |
| Employee | ||
| Others | ||
| Total | 26,16,000 shares | 23,00,000 shares |
Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Sahana System IPO subscribed 9.99x.
| Hemant Surgical Industries IPO | Sahana System IPO | |
|---|---|---|
| QIB (times) | 41.05x | 9.70x |
| NII (times) | 277.26x | 7.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 158.73x | 12.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 150.59x | 9.99x |
