Sai Swami Metals IPO vs Slone Infosystems IPO

Comparison between Sai Swami Metals IPO and Slone Infosystems IPO.

IPO Details

Sai Swami Metals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Slone Infosystems IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sai Swami Metals IPO is up to ₹14.23 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹10.50 Cr. The final issue price of Sai Swami Metals IPO is ₹60.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

 Sai Swami Metals IPOSlone Infosystems IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹79.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size23,72,000 shares13,29,600 shares
Fresh Issue Size (Amount)up to ₹14.23 Crup to ₹10.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,72,000 shares13,29,600 shares
Issue Size Total (Amount)up to ₹14.23 Crup to ₹10.50 Cr

IPO Timetable

Sai Swami Metals IPO opens on Apr 30, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Sai Swami Metals IPO and Slone Infosystems IPO is May 03, 2024, and May 07, 2024, respectively.

 Sai Swami Metals IPOSlone Infosystems IPO
Issue OpenApr 30, 2024May 03, 2024
Issue CloseMay 03, 2024May 07, 2024
Basis Of Allotment (Tentative)May 06, 2024May 08, 2024
Initiation of Refunds (Tentative)May 07, 2024May 09, 2024
Credit of Share (Tentative)May 07, 2024May 09, 2024
Listing date (Tentative)May 08, 2024May 10, 2024

Financials & KPIs

Sai Swami Metals IPO P/E ratio is 11.34, as compared to Slone Infosystems IPO P/E ratio of 40.94.

 Sai Swami Metals IPOSlone Infosystems IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets26.1725.83
Total Income33.346.27
Profit After Tax1.800.04
NET Worth6.640.35
Reserves and Surplus2.530.34
Total Borrowing7.436.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19.7911.9111.679.29
Total Income34.3530.7726.5911.57
Profit After Tax2.850.750.380.28
NET Worth11.882.102.291.90
Reserves and Surplus8.010.26
Total Borrowing6.436.829.217.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.88%99.43%
Promoter Shareholding (Post-Issue)62.15%73.01%
P/E Ratio11.3440.94
Market Cap₹39.71 Cr.₹41.63 Cr.
ROE74
ROCE34.44
Debt/Equity0.33
EPS₹5.29₹1.93
RoNW27.0223.98

Shares Offered

In the Sai Swami Metals IPO Retail Individual Investors (RII) are offered 11,86,000 shares while in Slone Infosystems IPO retail investors are offered 11,86,000 shares. Qualified Institutional Buyers (QIB) are offered in Sai Swami Metals IPO and in Slone Infosystems IPO.

 Sai Swami Metals IPOSlone Infosystems IPO
Market Maker Reservation1,28,000 shares70,400 shares
NII11,86,000 shares6,64,000 shares
RII11,86,000 shares6,65,600 shares
Total23,72,000 shares13,29,600 shares

Bids Received (Subscription)

Sai Swami Metals IPO subscribed 531.42x in total, whereas Slone Infosystems IPO subscribed 648.71x.

 Sai Swami Metals IPOSlone Infosystems IPO
NII (times)533.83x756.88x
RII (times)529.01x540.80x
Total (times)531.42x648.71x

Compare with others

Compare:

Sai Swami Metals IPO Vs Slone Infosystems IPO