Comparison between Saj Hotels IPO and Techera Engineering IPO.
Saj Hotels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Techera Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.
| Saj Hotels IPO | Techera Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Corpwis Advisors Pvt.Ltd. | SKI Capital Services Ltd. |
| Registrar | Satellite Corporate Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | SKI Capital Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Saj Hotels IPO is up to ₹26.23 Cr whereas the issue size of the Techera Engineering IPO is up to ₹34.10 Cr. The final issue price of Saj Hotels IPO is ₹65.00 per share and of Techera Engineering IPO is ₹82.00 per share.
| Saj Hotels IPO | Techera Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹82.00 per share | |
| Issue Price (Final) | ₹65.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 40,36,000 shares | 41,58,400 shares |
| Fresh Issue Size (Amount) | up to ₹26.23 Cr | up to ₹34.10 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 40,36,000 shares | 41,58,400 shares |
| Issue Size Total (Amount) | up to ₹26.23 Cr | up to ₹34.10 Cr |
Saj Hotels IPO opens on Sep 27, 2024, while Techera Engineering IPO opens on Sep 25, 2024. The closing date of Saj Hotels IPO and Techera Engineering IPO is Oct 01, 2024, and Sep 27, 2024, respectively.
| Saj Hotels IPO | Techera Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2024 | |
| Issue Open | Sep 27, 2024 | Sep 25, 2024 |
| Issue Close | Oct 01, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Oct 03, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Oct 04, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Oct 04, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Oct 07, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 30, 2024 | |
| Anchor Lockin End date 2 | Dec 29, 2024 |
Saj Hotels IPO P/E ratio is 21.7, as compared to Techera Engineering IPO P/E ratio of 20.65.
| Saj Hotels IPO | Techera Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| TechEra Engineering LImited Financial Information (Restated)TechEra Engineering LImited's revenue increased by 47% and profit after tax (PAT) rose by 270% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 84.12 | 57.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.7 | 20.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹104.81 Cr. | ₹135.47 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.91% | 30.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.36% | 23..47% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.17 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.00 | ₹3.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.91% | 30.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Saj Hotels IPO Retail Individual Investors (RII) are offered 20,18,000 shares while in Techera Engineering IPO retail investors are offered 20,18,000 shares. Qualified Institutional Buyers (QIB) are offered in Saj Hotels IPO and 8,32,000 shares in Techera Engineering IPO.
| Saj Hotels IPO | Techera Engineering IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,46,400 shares | |
| Market Maker Reserveration | 2,14,000 shares | 2,19,200 shares |
| QIB | 8,32,000 shares | |
| NII | 20,18,000 shares | 6,24,000 shares |
| RII | 20,18,000 shares | 14,56,000 shares |
| Employee | ||
| Others | ||
| Total | 40,36,000 shares | 41,58,400 shares |
Saj Hotels IPO subscribed 5.46x in total, whereas Techera Engineering IPO subscribed 69.80x.
| Saj Hotels IPO | Techera Engineering IPO | |
|---|---|---|
| QIB (times) | 31.22x | |
| NII (times) | 2.12x | 128.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.65x | 66.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.46x | 69.80x |
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