Sahaj Fashions IPO vs Sangani Hospitals IPO

Comparison between Sahaj Fashions IPO and Sangani Hospitals IPO.

IPO Details

Sahaj Fashions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sangani Hospitals IPO is a SME Bookbuilding proposed to list at NSE SME.

	Sahaj Fashions IPO	Sangani Hospitals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Khambatta Securities Ltd.	Unistone Capital Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	NNM Securities Pvt.Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sahaj Fashions IPO is up to ₹13.25 Cr whereas the issue size of the Sangani Hospitals IPO is up to ₹14.40 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Sangani Hospitals IPO is ₹40.00 per share.

	Sahaj Fashions IPO	Sangani Hospitals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹37.00 per share
Issue Price (Upper)		₹40.00 per share
Issue Price (Final)	₹30.00 per share	₹40.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	4000 shares	3000 shares
Fresh Issue Size	42,40,000 shares	36,00,000 shares
Fresh Issue Size (Amount)	up to ₹12.72 Cr	up to ₹14.40 Cr
OFS Issue Size	1,76,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.53 Cr	up to ₹0.00 Cr
Issue Size Total	44,16,000 shares	36,00,000 shares
Issue Size Total (Amount)	up to ₹13.25 Cr	up to ₹14.40 Cr

IPO Timetable

Sahaj Fashions IPO opens on Aug 25, 2023, while Sangani Hospitals IPO opens on Aug 04, 2023. The closing date of Sahaj Fashions IPO and Sangani Hospitals IPO is Aug 29, 2023, and Aug 08, 2023, respectively.

	Sahaj Fashions IPO	Sangani Hospitals IPO
Anchor Bid Date
Issue Open	Aug 25, 2023	Aug 04, 2023
Issue Close	Aug 29, 2023	Aug 08, 2023
Basis Of Allotment (Tentative)	Sep 01, 2023	Aug 11, 2023
Initiation of Refunds (Tentative)	Sep 04, 2023	Aug 14, 2023
Credit of Share (Tentative)	Sep 05, 2023	Aug 16, 2023
Listing date (Tentative)	Sep 06, 2023	Aug 17, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Sahaj Fashions IPO P/E ratio is , as compared to Sangani Hospitals IPO P/E ratio of 37.03.

Sahaj Fashions IPO

Sangani Hospitals IPO

Financials

Sahaj Fashions IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	28 Feb 2023
Assets	6,476.39	6,711.73	6,998.59	7,179.34
Total Income	9,933.61	7,475.54	8,698.36	9,101.07
Profit After Tax	27.19	31.90	42.64	288.71
Net Worth	1,361.63	1,393.53	1,435.78	1,724.07
Reserves and Surplus	620.41	652.32	694.56	982.85
Total Borrowing	1,019.03	1,608.65	1,795.46	1,519.24

Amount in ₹ Lakhs

Sangani Hospitals IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	330.36	299.20	705.45	1,959.01
Total Income	446.47	498.21	420.63	1,576.24
Profit After Tax	22.81	79.06	105.35	148.37
Net Worth	183.35	168.79	501.60	1,797.29
Reserves and Surplus		168.83	106.78	798.79
Total Borrowing	34.72	34.57		10.08

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.95

100.00

Promoter Shareholding (Post-Issue)

P/E Ratio

37.03

Market Cap

₹39.50 Cr.

₹55.11 Cr.

ROE

ROCE

11.26%

Debt/Equity

EPS

₹3.47

RoNW

35.75%

Shares Offered

In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Sangani Hospitals IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sahaj Fashions IPO and 3,60,000 shares in Sangani Hospitals IPO.

	Sahaj Fashions IPO	Sangani Hospitals IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,36,000 shares	1,92,000 shares
QIB		3,60,000 shares
NII	22,08,000 shares	16,20,000 shares
RII	22,08,000 shares	16,20,000 shares
Employee
Others
Total	44,16,000 shares	36,00,000 shares

Bids Received (Subscription)

Sahaj Fashions IPO subscribed 7.75x in total, whereas Sangani Hospitals IPO subscribed 4.54x.

	Sahaj Fashions IPO	Sangani Hospitals IPO
QIB (times)		11.42x
NII (times)	3.78x	1.38x
Big NII (times)
Small NII (times)
RII (times)	11.72x	6.17x
Employee (times)
Other (times)
Total (times)	7.75x	4.54x

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