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.

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

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 2023
Assets108.0448.20
Total Income102.7910.64
Profit After Tax32.632.31
NET Worth60.3220.28
Reserves and Surplus41.402.31
Total Borrowing21.726.90
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)9584.12
Promoter Shareholding (Post-Issue)69.961.94
P/E Ratio16.4121.7
Market Cap₹707.30 Cr.₹104.81 Cr.
ROE54.0919.91
ROCE42.5026.36
Debt/Equity0.360.17
EPS₹17.25₹3.00
RoNW54.0919.91

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 Reservation18,74,000 shares
Market Maker Reservation3,29,600 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 85.47x in total, whereas Saj Hotels IPO subscribed 5.39x.

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