SAR Televenture FPO vs Tunwal E-Motors IPO

Comparison between SAR Televenture FPO and Tunwal E-Motors IPO.

IPO Details

SAR Televenture FPO is a SME Fixed Price IPO proposed to list at NSE SME while Tunwal E-Motors IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of SAR Televenture FPO is up to ₹142.50 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹109.86 Cr. The final issue price of SAR Televenture FPO is ₹210.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.

 SAR Televenture FPOTunwal E-Motors IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹200.00 per share
Issue Price (Upper)₹210.00 per share
Issue Price (Final)₹210.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size500 shares2000 shares
Fresh Issue Size67,85,500 shares1,28,70,000 shares
Fresh Issue Size (Amount)up to ₹142.50 Crup to ₹75.93 Cr
OFS Issue Size0 shares57,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹33.93 Cr
Issue Size Total67,85,500 shares1,86,20,000 shares
Issue Size Total (Amount)up to ₹142.50 Crup to ₹109.86 Cr

IPO Timetable

SAR Televenture FPO opens on Jul 22, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of SAR Televenture FPO and Tunwal E-Motors IPO is Jul 24, 2024, and Jul 18, 2024, respectively.

 SAR Televenture FPOTunwal E-Motors IPO
Anchor Bid DateJul 19, 2024
Issue OpenJul 22, 2024Jul 15, 2024
Issue CloseJul 24, 2024Jul 18, 2024
Basis Of Allotment (Tentative)Jul 25, 2024Jul 19, 2024
Initiation of Refunds (Tentative)Jul 26, 2024Jul 22, 2024
Credit of Share (Tentative)Jul 26, 2024Jul 22, 2024
Listing date (Tentative)Jul 29, 2024Jul 23, 2024
Anchor Lockin End date 1Aug 24, 2024
Anchor Lockin End date 2Oct 23, 2024

Financials & KPIs

SAR Televenture FPO P/E ratio is 14.79, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.

 SAR Televenture FPOTunwal E-Motors IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets266.4224.224.11
Total Income124.1732.524.75
Profit After Tax15.663.940.04
NET Worth71.8011.86-0.08
Reserves and Surplus68.8011.20-0.12
Total Borrowing177.874.443.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets75.8356.9450.37
Total Income105.5476.5675.66
Profit After Tax11.813.722.34
NET Worth20.538.224.24
Reserves and Surplus12.244.093.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.897.04
Promoter Shareholding (Post-Issue)61.4662.34
P/E Ratio14.7920.71
Market Cap₹326.28 Cr.
ROE57.53%
ROCE59.38%
Debt/Equity0.651.00
EPS₹2.85
RoNW32.9557.53%

Shares Offered

In the SAR Televenture FPO Retail Individual Investors (RII) are offered 23,75,000 shares while in Tunwal E-Motors IPO retail investors are offered 23,75,000 shares. Qualified Institutional Buyers (QIB) are offered 13,57,000 shares in SAR Televenture FPO and in Tunwal E-Motors IPO.

 SAR Televenture FPOTunwal E-Motors IPO
Anchor Investor Reservation20,35,500 shares
Market Maker Reservation3,57,000 shares9,80,000 shares
QIB13,57,000 shares
NII10,18,000 shares93,10,000 shares
RII23,75,000 shares93,10,000 shares
Employee
Others
Total67,85,500 shares1,86,20,000 shares

Bids Received (Subscription)

SAR Televenture FPO subscribed 7.49x in total, whereas Tunwal E-Motors IPO subscribed 12.31x.

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