Comparison between Proventus Agrocom IPO and Sahana System IPO.
Proventus Agrocom IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sahana System IPO is a SME Bookbuilding proposed to list at NSE SME.
| Proventus Agrocom IPO | Sahana System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sundae Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. Unistone Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Ajcon Global Services 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 Proventus Agrocom IPO is up to ₹66.06 Cr whereas the issue size of the Sahana System IPO is up to ₹31.05 Cr. The final issue price of Proventus Agrocom IPO is ₹771.00 per share and of Sahana System IPO is ₹135.00 per share.
| Proventus Agrocom 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) | ₹771.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 160 shares | 1000 shares |
| Fresh Issue Size | 6,26,653 shares | 23,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹48.31 Cr | up to ₹31.05 Cr |
| OFS Issue Size | 2,30,147 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹17.74 Cr | up to ₹0.00 Cr |
| Issue Size Total | 8,56,800 shares | 23,00,000 shares |
| Issue Size Total (Amount) | up to ₹66.06 Cr | up to ₹31.05 Cr |
Proventus Agrocom IPO opens on May 24, 2023, while Sahana System IPO opens on May 31, 2023. The closing date of Proventus Agrocom IPO and Sahana System IPO is May 26, 2023, and Jun 02, 2023, respectively.
| Proventus Agrocom IPO | Sahana System IPO | |
|---|---|---|
| Anchor Bid Date | ||
| 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 | ||
| Anchor Lockin End date 2 |
Proventus Agrocom IPO P/E ratio is 186.23, as compared to Sahana System IPO P/E ratio of 16.88.
| Proventus Agrocom IPO | Sahana System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.29 | 90.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 186.23 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹264.27 Cr. | ₹107.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2 | 83.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 4 | 61.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.14 | ₹11.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.91 | 59.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Proventus Agrocom IPO Retail Individual Investors (RII) are offered 4,28,450 shares while in Sahana System IPO retail investors are offered 4,28,450 shares. Qualified Institutional Buyers (QIB) are offered in Proventus Agrocom IPO and 2,30,000 shares in Sahana System IPO.
| Proventus Agrocom IPO | Sahana System IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 45,120 shares | 1,25,000 shares |
| QIB | 2,30,000 shares | |
| NII | 4,28,450 shares | 10,35,000 shares |
| RII | 4,28,450 shares | 10,35,000 shares |
| Employee | ||
| Others | ||
| Total | 8,56,900 shares | 23,00,000 shares |
Proventus Agrocom IPO subscribed 2.70x in total, whereas Sahana System IPO subscribed 9.99x.
| Proventus Agrocom IPO | Sahana System IPO | |
|---|---|---|
| QIB (times) | 9.70x | |
| NII (times) | 4.65x | 7.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.74x | 12.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.70x | 9.99x |
