Nexxus Petro Industries IPO vs Saj Hotels IPO

Comparison between Nexxus Petro Industries IPO and Saj Hotels IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Saj Hotels IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Nexxus Petro Industries IPO is up to ₹18.45 Cr whereas the issue size of the Saj Hotels IPO is up to ₹26.23 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Saj Hotels IPO is ₹65.00 per share.

 Nexxus Petro Industries IPOSaj Hotels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹105.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size17,56,800 shares40,36,000 shares
Fresh Issue Size (Amount)up to ₹18.45 Crup to ₹26.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,56,800 shares40,36,000 shares
Issue Size Total (Amount)up to ₹18.45 Crup to ₹26.23 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Saj Hotels IPO opens on Sep 27, 2024. The closing date of Nexxus Petro Industries IPO and Saj Hotels IPO is Sep 30, 2024, and Oct 01, 2024, respectively.

Financials & KPIs

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Saj Hotels IPO P/E ratio of 21.7.

 Nexxus Petro Industries IPOSaj Hotels IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets38.9316.459.33
Total Income238.38142.8448.47
Profit After Tax3.482.010.54
NET Worth8.632.650.54
Reserves and Surplus3.532.550.54
Total Borrowing21.618.353.70
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets98.0898.9396.2632.86
Total Income14.5512.8212.888.12
Profit After Tax3.453.561.44-1.20
NET Worth17.3413.178.917.54
Reserves and Surplus77.2283.2579.7717.49
Total Borrowing2.926.1410.549.39
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10084.12
Promoter Shareholding (Post-Issue)73.3861.94
P/E Ratio15.3721.7
Market Cap₹72.98 Cr.₹104.81 Cr.
ROE61.7719.91
ROCE20.8126.36
Debt/Equity2.500.17
EPS₹6.83₹3.00
RoNW40.3619.91

Shares Offered

In the Nexxus Petro Industries IPO Retail Individual Investors (RII) are offered 8,78,400 shares while in Saj Hotels IPO retail investors are offered 8,78,400 shares. Qualified Institutional Buyers (QIB) are offered in Nexxus Petro Industries IPO and in Saj Hotels IPO.

 Nexxus Petro Industries IPOSaj Hotels IPO
Anchor Investor Reservation
Market Maker Reservation93,600 shares2,14,000 shares
QIB
NII8,78,400 shares20,18,000 shares
RII8,78,400 shares20,18,000 shares
Employee
Others
Total17,56,800 shares40,36,000 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 8.44x in total, whereas Saj Hotels IPO subscribed 5.39x.

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