Comparison between Sangani Hospitals IPO and Shoora Designs IPO.
IPO Details
Sangani Hospitals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shoora Designs 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 Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Sangani Hospitals IPO is ₹40.00 per share and of Shoora Designs IPO is ₹48.00 per share.
IPO Timetable
Sangani Hospitals IPO opens on Aug 04, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Sangani Hospitals IPO and Shoora Designs IPO is Aug 08, 2023, and Aug 21, 2023, respectively.
| | Sangani Hospitals IPO | Shoora Designs IPO |
|---|
| Issue Open | Aug 04, 2023 | Aug 17, 2023 |
| Issue Close | Aug 08, 2023 | Aug 21, 2023 |
| Basis Of Allotment (Tentative) | Aug 11, 2023 | Aug 24, 2023 |
| Initiation of Refunds (Tentative) | Aug 14, 2023 | Aug 25, 2023 |
| Credit of Share (Tentative) | Aug 16, 2023 | Aug 28, 2023 |
| Listing date (Tentative) | Aug 17, 2023 | Aug 29, 2023 |
Financials & KPIs
Sangani Hospitals IPO P/E ratio is 37.03, as compared to Shoora Designs IPO P/E ratio of 35.82.
Shares Offered
In the Sangani Hospitals IPO Retail Individual Investors (RII) are offered 16,20,000 shares while in Shoora Designs 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 Shoora Designs IPO.
| | Sangani Hospitals IPO | Shoora Designs IPO |
|---|
| Market Maker Reservation | 1,92,000 shares | 27,000 shares |
| QIB | 3,60,000 shares | |
| NII | 16,20,000 shares | 1,98,000 shares |
| RII | 16,20,000 shares | 1,98,000 shares |
| Total | 36,00,000 shares | 3,96,000 shares |
Bids Received (Subscription)
Sangani Hospitals IPO subscribed 4.54x in total, whereas Shoora Designs IPO subscribed 64.20x.