Comparison between Sanstar IPO and Unicommerce eSolutions IPO.
Sanstar IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Unicommerce eSolutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Sanstar IPO is up to ₹510.15 Cr whereas the issue size of the Unicommerce eSolutions IPO is up to ₹276.57 Cr. The final issue price of Sanstar IPO is ₹95.00 per share and of Unicommerce eSolutions IPO is ₹108.00 per share.
| Sanstar IPO | Unicommerce eSolutions IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹102.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹108.00 per share |
| Issue Price (Final) | ₹95.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 138 shares |
| Fresh Issue Size | 4,18,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹397.10 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,19,00,000 shares | 2,56,08,512 shares |
| OFS Issue Size (Amount) | up to ₹113.05 Cr | up to ₹276.57 Cr |
| Issue Size Total | 5,37,00,000 shares | 2,56,08,512 shares |
| Issue Size Total (Amount) | up to ₹510.15 Cr | up to ₹276.57 Cr |
Sanstar IPO opens on Jul 19, 2024, while Unicommerce eSolutions IPO opens on Aug 06, 2024. The closing date of Sanstar IPO and Unicommerce eSolutions IPO is Jul 23, 2024, and Aug 08, 2024, respectively.
| Sanstar IPO | Unicommerce eSolutions IPO | |
|---|---|---|
| Anchor Bid Date | Jul 18, 2024 | Aug 05, 2024 |
| Issue Open | Jul 19, 2024 | Aug 06, 2024 |
| Issue Close | Jul 23, 2024 | Aug 08, 2024 |
| Basis Of Allotment (Tentative) | Jul 24, 2024 | Aug 09, 2024 |
| Initiation of Refunds (Tentative) | Jul 25, 2024 | Aug 12, 2024 |
| Credit of Share (Tentative) | Jul 25, 2024 | Aug 12, 2024 |
| Listing date (Tentative) | Jul 26, 2024 | Aug 13, 2024 |
| Anchor Lockin End date 1 | Aug 23, 2024 | Sep 07, 2024 |
| Anchor Lockin End date 2 | Oct 22, 2024 | Nov 06, 2024 |
Sanstar IPO P/E ratio is 19.98, as compared to Unicommerce eSolutions IPO P/E ratio of 84.59.
| Sanstar IPO | Unicommerce eSolutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.77 | 48.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.37 | 39.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.98 | 84.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1731.32 Cr. | ₹1106.29 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.92% | 17.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.43% | 25.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.75 | ₹1.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.92% | 18.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sanstar IPO Retail Individual Investors (RII) are offered 1,87,95,000 shares while in Unicommerce eSolutions IPO retail investors are offered 1,87,95,000 shares. Qualified Institutional Buyers (QIB) are offered 1,07,40,000 shares in Sanstar IPO and 76,82,554 shares in Unicommerce eSolutions IPO.
| Sanstar IPO | Unicommerce eSolutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,61,10,000 shares | 1,15,23,831 shares |
| Market Maker Reservation | ||
| QIB | 1,07,40,000 shares | 76,82,554 shares |
| NII | 80,55,000 shares | 38,41,276 shares |
| RII | 1,87,95,000 shares | 25,60,851 shares |
| Employee | ||
| Others | ||
| Total | 5,37,00,000 shares | 2,56,08,512 shares |
Sanstar IPO subscribed 82.99x in total, whereas Unicommerce eSolutions IPO subscribed 168.35x.
| Sanstar IPO | Unicommerce eSolutions IPO | |
|---|---|---|
| QIB (times) | 145.68x | 138.75x |
| NII (times) | 136.49x | 252.46x |
| Big NII (times) | 149.44x | 266.49x |
| Small NII (times) | 110.61x | 224.38x |
| RII (times) | 24.23x | 130.99x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 82.99x | 168.35x |
