Sanginita Chemicals IPO vs Sarthak Metals IPO

Comparison between Sanginita Chemicals IPO and Sarthak Metals IPO.

IPO Details

Sanginita Chemicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sarthak Metals IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Sanginita Chemicals IPO is up to ₹9.53 Cr whereas the issue size of the Sarthak Metals IPO is up to ₹10.32 Cr. The final issue price of Sanginita Chemicals IPO is ₹22.00 per share and of Sarthak Metals IPO is ₹30.00 per share.

 Sanginita Chemicals IPOSarthak Metals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹22.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size43,32,000 shares14,04,000 shares
Fresh Issue Size (Amount)up to ₹9.53 Crup to ₹4.21 Cr
OFS Issue Size0 shares20,36,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.11 Cr
Issue Size Total43,32,000 shares34,40,000 shares
Issue Size Total (Amount)up to ₹9.53 Crup to ₹10.32 Cr

IPO Timetable

Sanginita Chemicals IPO opens on Mar 01, 2017, while Sarthak Metals IPO opens on Mar 10, 2017. The closing date of Sanginita Chemicals IPO and Sarthak Metals IPO is Mar 03, 2017, and Mar 17, 2017, respectively.

 Sanginita Chemicals IPOSarthak Metals IPO
Issue OpenMar 01, 2017Mar 10, 2017
Issue CloseMar 03, 2017Mar 17, 2017
Basis Of Allotment (Tentative)Mar 22, 2017
Listing date (Tentative)Mar 10, 2017Mar 27, 2017

Financials & KPIs

Sanginita Chemicals IPO P/E ratio is , as compared to Sarthak Metals IPO P/E ratio of .

 Sanginita Chemicals IPOSarthak Metals IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets54.1943.9250.1744.15
Total Income70.79144.36128.93119.03
Profit After Tax0.711.101.000.84
EBITDA2.65
NET Worth17.4016.6915.3114.30
Reserves and Surplus8.938.227.116.11
Total Borrowing27.9625.1322.7722.52
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets55.0148.9947.1840.22
Total Income73.96128.72151.49147.22
Profit After Tax2.473.672.872.60
NET Worth26.7024.2320.5717.74
Reserves and Surplus14.6112.148.485.65
Total Borrowing24.9123.1723.5819.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.92%91.75%
Promoter Shareholding (Post-Issue)73.49%69.25%
Market Cap₹37.99 Cr.₹41.07 Cr.

Shares Offered

In the Sanginita Chemicals IPO Retail Individual Investors (RII) are offered 21,66,000 shares while in Sarthak Metals IPO retail investors are offered 21,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sanginita Chemicals IPO and 0 shares in Sarthak Metals IPO.

 Sanginita Chemicals IPOSarthak Metals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,34,000 shares1,96,000 shares
QIB0 shares0 shares
NII21,66,000 shares17,20,000 shares
RII21,66,000 shares17,20,000 shares
Employee0 shares0 shares
Total43,32,000 shares34,40,000 shares

Bids Received (Subscription)

Sanginita Chemicals IPO subscribed 2.14x in total, whereas Sarthak Metals IPO subscribed 2.02x.

 Sanginita Chemicals IPOSarthak Metals IPO
NII (times)2.10x0.00x
RII (times)2.19x0.00x
Total (times)2.14x2.02x

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Sanginita Chemicals IPO Vs Sarthak Metals IPO