Comparison between Elfin Agro India IPO and Sai Urja Indo IPO.
Elfin Agro India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sai Urja Indo IPO is a SME Bookbuilding proposed to list at BSE SME.
| Elfin Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Shannon Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Shilpa Stock Broker Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | ||
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Elfin Agro India IPO is up to ₹23.77 Cr whereas the issue size of the Sai Urja Indo IPO is up to ₹0.00 Cr. The final issue price of Elfin Agro India IPO is ₹47.00 per share and of Sai Urja Indo IPO is .
| Elfin Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹47.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | |
| Fresh Issue Size | 50,58,000 shares | 30,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.77 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 3,12,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,58,000 shares | 33,78,000 shares |
| Issue Size Total (Amount) | up to ₹23.77 Cr | up to ₹0.00 Cr |
Elfin Agro India IPO opens on Mar 05, 2026, while Sai Urja Indo IPO opens on . The closing date of Elfin Agro India IPO and Sai Urja Indo IPO is Mar 09, 2026, and , respectively.
| Elfin Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 05, 2026 | |
| Issue Close | Mar 09, 2026 | |
| Basis Of Allotment (Tentative) | Mar 10, 2026 | |
| Initiation of Refunds (Tentative) | Mar 11, 2026 | |
| Credit of Share (Tentative) | Mar 11, 2026 | |
| Listing date (Tentative) | Mar 12, 2026 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Elfin Agro India IPO P/E ratio is 13.05, as compared to Sai Urja Indo IPO P/E ratio of .
| Elfin Agro India IPO | Sai Urja Indo IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Sai Urja Indo Ventures Ltd.'s revenue increased by 43% and profit after tax (PAT) rose by 126% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.86 | 50.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.93 | 65.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.88 | 0.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.86 | 50.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Elfin Agro India IPO Retail Individual Investors (RII) are offered 25,38,000 shares while in Sai Urja Indo IPO retail investors are offered 25,38,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Elfin Agro India IPO and 0 shares in Sai Urja Indo IPO.
| Elfin Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,67,000 shares | 0 shares |
| QIB | 0 shares | 0 shares |
| NII | 25,20,000 shares | 0 shares |
| RII | 25,38,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 50,58,000 shares | 0 shares |
Elfin Agro India IPO subscribed 1.35x in total, whereas Sai Urja Indo IPO subscribed .
| Elfin Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.12x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.59x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.35x |
