Sangani Hospitals IPO vs Shri Techtex IPO

Comparison between Sangani Hospitals IPO and Shri Techtex IPO.

IPO Details

Sangani Hospitals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shri Techtex IPO is a SME Bookbuilding proposed to list at NSE 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 Shri Techtex IPO is up to ₹42.87 Cr. The final issue price of Sangani Hospitals IPO is ₹40.00 per share and of Shri Techtex IPO is ₹61.00 per share.

 Sangani Hospitals IPOShri Techtex IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹37.00 per share₹54.00 per share
Issue Price (Upper)₹40.00 per share₹61.00 per share
Issue Price (Final)₹40.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size36,00,000 shares70,28,000 shares
Fresh Issue Size (Amount)up to ₹14.40 Crup to ₹42.87 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,00,000 shares70,28,000 shares
Issue Size Total (Amount)up to ₹14.40 Crup to ₹42.87 Cr

IPO Timetable

Sangani Hospitals IPO opens on Aug 04, 2023, while Shri Techtex IPO opens on Jul 26, 2023. The closing date of Sangani Hospitals IPO and Shri Techtex IPO is Aug 08, 2023, and Jul 28, 2023, respectively.

 Sangani Hospitals IPOShri Techtex IPO
Anchor Bid DateJul 25, 2023
Issue OpenAug 04, 2023Jul 26, 2023
Issue CloseAug 08, 2023Jul 28, 2023
Basis Of Allotment (Tentative)Aug 11, 2023Aug 02, 2023
Initiation of Refunds (Tentative)Aug 14, 2023Aug 03, 2023
Credit of Share (Tentative)Aug 16, 2023Aug 04, 2023
Listing date (Tentative)Aug 17, 2023Aug 04, 2023
Anchor Lockin End date 1Sep 01, 2023
Anchor Lockin End date 2Oct 31, 2023

Financials & KPIs

Sangani Hospitals IPO P/E ratio is 37.03, as compared to Shri Techtex IPO P/E ratio of 16.71.

 Sangani Hospitals IPOShri Techtex IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets19.597.052.993.30
Total Income15.764.214.984.46
Profit After Tax1.481.050.790.23
NET Worth17.975.021.691.83
Reserves and Surplus7.991.071.69
Total Borrowing0.100.350.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets73.8652.8246.5217.67
Total Income58.0851.8240.2216.26
Profit After Tax9.118.2712.664.47
NET Worth29.8220.9920.768.08
Reserves and Surplus12.5718.7618.545.88
Total Borrowing31.8924.5214.994.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)70.34
P/E Ratio37.0316.71
Market Cap₹55.11 Cr.₹152.20 Cr.
ROE35.84
ROCE11.2620.07
Debt/Equity1.07
EPS₹3.47₹5.19
RoNW35.7530.54

Shares Offered

In the Sangani Hospitals IPO Retail Individual Investors (RII) are offered 16,20,000 shares while in Shri Techtex IPO retail investors are offered 16,20,000 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in Sangani Hospitals IPO and 14,10,000 shares in Shri Techtex IPO.

 Sangani Hospitals IPOShri Techtex IPO
Anchor Investor Reservation21,00,000 shares
Market Maker Reservation1,92,000 shares3,72,000 shares
QIB3,60,000 shares14,10,000 shares
NII16,20,000 shares10,56,000 shares
RII16,20,000 shares24,62,000 shares
Employee
Others
Total36,00,000 shares70,28,000 shares

Bids Received (Subscription)

Sangani Hospitals IPO subscribed 4.54x in total, whereas Shri Techtex IPO subscribed 148.44x.

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Sangani Hospitals IPO Vs Shri Techtex IPO