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Sanginita Chemicals IPO vs Tanvi Foods IPO

Comparison between Sanginita Chemicals IPO and Tanvi Foods IPO.

IPO Details

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

 Sanginita Chemicals IPOTanvi Foods IPO
LogoSanginita Chemicals IPO LogoTanvi Foods IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Aryaman Financial Services Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sanginita Chemicals IPO is up to ₹9.53 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Sanginita Chemicals IPO is ₹22.00 per share and of Tanvi Foods IPO is ₹60.00 per share.

 Sanginita Chemicals IPOTanvi Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹22.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size43,32,000 shares6,16,000 shares
Fresh Issue Size (Amount)up to ₹9.53 Crup to ₹3.70 Cr
OFS Issue Size0 shares4,28,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.57 Cr
Issue Size Total43,32,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹9.53 Crup to ₹6.26 Cr

IPO Timetable

Sanginita Chemicals IPO opens on Mar 01, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Sanginita Chemicals IPO and Tanvi Foods IPO is Mar 03, 2017, and Feb 22, 2017, respectively.

 Sanginita Chemicals IPOTanvi Foods IPO
Issue OpenMar 01, 2017Feb 17, 2017
Issue CloseMar 03, 2017Feb 22, 2017
Basis Of Allotment (Tentative)Feb 27, 2017
Listing date (Tentative)Mar 10, 2017Mar 02, 2017

Financials & KPIs

Sanginita Chemicals IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .

 Sanginita Chemicals IPOTanvi Foods 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
Assets24.7322.4517.8910.75
Total Income28.5149.0934.3820.03
Profit After Tax0.541.010.870.21
NET Worth7.567.024.851.97
Reserves and Surplus4.113.582.101.22
Total Borrowing11.3910.9110.374.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.92%87.23%
Promoter Shareholding (Post-Issue)73.49%62.59%
Market Cap₹37.99 Cr.₹24.70 Cr.

Shares Offered

In the Sanginita Chemicals IPO Retail Individual Investors (RII) are offered 21,66,000 shares while in Tanvi Foods 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 Tanvi Foods IPO.

 Sanginita Chemicals IPOTanvi Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,34,000 shares56,000 shares
QIB0 shares0 shares
NII21,66,000 shares5,22,000 shares
RII21,66,000 shares5,22,000 shares
Employee0 shares0 shares
Total43,32,000 shares10,44,000 shares

Bids Received (Subscription)

Sanginita Chemicals IPO subscribed 2.14x in total, whereas Tanvi Foods IPO subscribed 1.62x.

 Sanginita Chemicals IPOTanvi Foods IPO
NII (times)2.10x1.87x
RII (times)2.19x1.38x
Total (times)2.14x1.62x

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Compare:

Sanginita Chemicals IPO Vs Tanvi Foods IPO