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Sahasra Electronic Solutions IPO vs Saj Hotels IPO

Comparison between Sahasra Electronic Solutions IPO and Saj Hotels IPO.

IPO Details

Sahasra Electronic Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Saj Hotels IPO is a SME Fixed Price proposed to list at NSE SME.

 Sahasra Electronic Solutions IPOSaj Hotels IPO
LogoSahasra Electronic Solutions IPO LogoSaj Hotels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Corpwis Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Satellite Corporate Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sahasra Electronic Solutions IPO is up to ₹176.83 Cr whereas the issue size of the Saj Hotels IPO is up to ₹26.23 Cr. The final issue price of Sahasra Electronic Solutions IPO is ₹283.00 per share and of Saj Hotels IPO is ₹65.00 per share.

 Sahasra Electronic Solutions IPOSaj Hotels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹269.00 per share
Issue Price (Upper)₹283.00 per share
Issue Price (Final)₹283.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size400 shares2000 shares
Fresh Issue Size57,48,400 shares40,36,000 shares
Fresh Issue Size (Amount)up to ₹162.68 Crup to ₹26.23 Cr
OFS Issue Size5,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹14.15 Crup to ₹0.00 Cr
Issue Size Total62,48,400 shares40,36,000 shares
Issue Size Total (Amount)up to ₹176.83 Crup to ₹26.23 Cr

IPO Timetable

Sahasra Electronic Solutions IPO opens on Sep 26, 2024, while Saj Hotels IPO opens on Sep 27, 2024. The closing date of Sahasra Electronic Solutions IPO and Saj Hotels IPO is Sep 30, 2024, and Oct 01, 2024, respectively.

 Sahasra Electronic Solutions IPOSaj Hotels IPO
Anchor Bid DateSep 25, 2024
Issue OpenSep 26, 2024Sep 27, 2024
Issue CloseSep 30, 2024Oct 01, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Oct 03, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Oct 04, 2024
Credit of Share (Tentative)Oct 03, 2024Oct 04, 2024
Listing date (Tentative)Oct 04, 2024Oct 07, 2024
Anchor Lockin End date 1Oct 31, 2024
Anchor Lockin End date 2Dec 30, 2024

Financials & KPIs

Sahasra Electronic Solutions IPO P/E ratio is 16.41, as compared to Saj Hotels IPO P/E ratio of 21.7.

 Sahasra Electronic Solutions IPOSaj Hotels IPO
Financials

Sahasra Electronics Solutions Limited Financial Information (Restated)

Sahasra Electronics Solutions Limited's revenue increased by 866% and profit after tax (PAT) rose by 1315% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets10,804.364,820.23
Total Income10,278.791,063.91
Profit After Tax3,262.77230.55
Net Worth6,031.692,027.5
Reserves and Surplus4,140.21230.55
Total Borrowing2,171.89689.84
Amount in ₹ Lakhs

Saj Hotels Limited Financial Information (Restated Consolidated)

Saj Hotels Limited's revenue increased by 13.52% and profit after tax (PAT) dropped by -3.11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets9,808.469,892.539,626.453,286.02
Total Income1,455.491,282.191,287.90812.14
Profit After Tax344.68355.76144.25-120.18
Net Worth1,734.491,316.84891.08754.46
Reserves and Surplus7,721.708,325.197,977.201,748.59
Total Borrowing291.52614.141,053.54938.51
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.0084.12
Promoter Shareholding (Post-Issue)69.9061.94
P/E Ratio16.4121.7
Market Cap₹707.30 Cr.₹104.81 Cr.
ROE54.09%19.91%
ROCE42.50%26.36%
Debt/Equity0.360.17
EPS₹17.25₹3.00
RoNW54.09%19.91%

Shares Offered

In the Sahasra Electronic Solutions IPO Retail Individual Investors (RII) are offered 21,87,200 shares while in Saj Hotels IPO retail investors are offered 21,87,200 shares. Qualified Institutional Buyers (QIB) are offered 12,49,600 shares in Sahasra Electronic Solutions IPO and in Saj Hotels IPO.

 Sahasra Electronic Solutions IPOSaj Hotels IPO
Anchor Investor Reserveration18,74,000 shares
Market Maker Reserveration3,29,600 shares2,14,000 shares
QIB12,49,600 shares
NII9,37,600 shares20,18,000 shares
RII21,87,200 shares20,18,000 shares
Employee
Others
Total62,48,400 shares40,36,000 shares

Bids Received (Subscription)

Sahasra Electronic Solutions IPO subscribed 122.06x in total, whereas Saj Hotels IPO subscribed 5.46x.

 Sahasra Electronic Solutions IPOSaj Hotels IPO
QIB (times)100.80x
NII (times)260.46x2.12x
Big NII (times)
Small NII (times)
RII (times)74.85x8.65x
Employee (times)
Other (times)
Total (times)122.06x5.46x