Comparison between Sangani Hospitals IPO and Shelter Pharma IPO.
IPO Details
Sangani Hospitals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shelter Pharma IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Sangani Hospitals IPO is up to ₹14.40 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹15.22 Cr. The final issue price of Sangani Hospitals IPO is ₹40.00 per share and of Shelter Pharma IPO is ₹42.00 per share.
IPO Timetable
Sangani Hospitals IPO opens on Aug 04, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Sangani Hospitals IPO and Shelter Pharma IPO is Aug 08, 2023, and Aug 14, 2023, respectively.
| | Sangani Hospitals IPO | Shelter Pharma IPO |
|---|
| Issue Open | Aug 04, 2023 | Aug 10, 2023 |
| Issue Close | Aug 08, 2023 | Aug 14, 2023 |
| Basis Of Allotment (Tentative) | Aug 11, 2023 | Aug 18, 2023 |
| Initiation of Refunds (Tentative) | Aug 14, 2023 | Aug 21, 2023 |
| Credit of Share (Tentative) | Aug 16, 2023 | Aug 22, 2023 |
| Listing date (Tentative) | Aug 17, 2023 | Aug 23, 2023 |
Financials & KPIs
Sangani Hospitals IPO P/E ratio is 37.03, as compared to Shelter Pharma IPO P/E ratio of 5.62.
Shares Offered
In the Sangani Hospitals IPO Retail Individual Investors (RII) are offered 16,20,000 shares while in Shelter Pharma IPO retail investors are offered 16,20,000 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in Sangani Hospitals IPO and in Shelter Pharma IPO.
| | Sangani Hospitals IPO | Shelter Pharma IPO |
|---|
| Market Maker Reservation | 1,92,000 shares | 1,92,000 shares |
| QIB | 3,60,000 shares | |
| NII | 16,20,000 shares | 18,12,000 shares |
| RII | 16,20,000 shares | 18,12,000 shares |
| Total | 36,00,000 shares | 36,24,000 shares |
Bids Received (Subscription)
Sangani Hospitals IPO subscribed 4.54x in total, whereas Shelter Pharma IPO subscribed 14.43x.