SAR Televenture IPO vs Sheetal Universal IPO

Comparison between SAR Televenture IPO and Sheetal Universal IPO.

IPO Details

SAR Televenture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.

	SAR Televenture IPO	Sheetal Universal IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt.Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	R.K.Stock Holding Pvt.Ltd.	Spread X Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of SAR Televenture IPO is up to ₹23.49 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of SAR Televenture IPO is ₹55.00 per share and of Sheetal Universal IPO is ₹70.00 per share.

	SAR Televenture IPO	Sheetal Universal IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share
Issue Price (Upper)	₹55.00 per share
Issue Price (Final)	₹55.00 per share	₹70.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	42,70,000 shares	32,28,000 shares
Fresh Issue Size (Amount)	up to ₹23.49 Cr	up to ₹22.60 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	42,70,000 shares	32,28,000 shares
Issue Size Total (Amount)	up to ₹23.49 Cr	up to ₹22.60 Cr

IPO Timetable

SAR Televenture IPO opens on Nov 01, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of SAR Televenture IPO and Sheetal Universal IPO is Nov 03, 2023, and Dec 06, 2023, respectively.

	SAR Televenture IPO	Sheetal Universal IPO
Anchor Bid Date	Oct 31, 2023
Issue Open	Nov 01, 2023	Dec 04, 2023
Issue Close	Nov 03, 2023	Dec 06, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Dec 07, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Dec 08, 2023
Credit of Share (Tentative)	Nov 07, 2023	Dec 08, 2023
Listing date (Tentative)	Nov 08, 2023	Dec 11, 2023
Anchor Lockin End date 1	Dec 06, 2023
Anchor Lockin End date 2	Feb 04, 2024

Financials & KPIs

SAR Televenture IPO P/E ratio is 0.6, as compared to Sheetal Universal IPO P/E ratio of 27.34.

SAR Televenture IPO

Sheetal Universal IPO

Financials

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited's revenue increased by 584.05% and profit after tax (PAT) rose by 10367.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,324.77	2,420.77	410.83	144.82
Total Income	1,735.35	3,251.63	475.35	90.71
Profit After Tax	192.38	388.36	3.71	-2.71
Net Worth	3,324.40	1,178.72	-7.74	-11.57
Reserves and Surplus	3,114.40	1,113.42	-11.91	-15.62
Total Borrowing	752.18	839.01	337.09	136.87
Amount in ₹ Lakhs

Sheetal Universal Limited Financial Information (Restated Consolidated)

Sheetal Universal Limited's revenue increased by 230.49% and profit after tax (PAT) rose by 602.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,370.03	2,804.02	1,602.82	1,272.15
Total Income	5,826.93	13,165.68	3,983.67	3,883.53
Profit After Tax	187.67	198.85	28.31	25.41
Net Worth	1,046.89	649.22	450.37	422.07
Reserves and Surplus	241.29	299.22	100.37	72.07
Total Borrowing	1,463.22	1,356.24	984.80	625.07
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.80

Promoter Shareholding (Post-Issue)

66.81

P/E Ratio

0.6

27.34

Market Cap

₹82.50 Cr.

₹80.19 Cr.

ROE

36.17%

ROCE

21.59%

Debt/Equity

0.65

2.09

EPS

₹91.08

₹2.56

RoNW

32.95%

30.63%

Shares Offered

In the SAR Televenture IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Sheetal Universal IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 8,48,000 shares in SAR Televenture IPO and in Sheetal Universal IPO.

	SAR Televenture IPO	Sheetal Universal IPO
Anchor Investor Reserveration	12,72,000 shares
Market Maker Reserveration	2,30,000 shares	1,72,000 shares
QIB	8,48,000 shares
NII	6,50,000 shares	16,14,000 shares
RII	15,00,000 shares	16,14,000 shares
Employee
Others
Total	42,70,000 shares	32,28,000 shares

Bids Received (Subscription)

SAR Televenture IPO subscribed 288.09x in total, whereas Sheetal Universal IPO subscribed 179.20x.

	SAR Televenture IPO	Sheetal Universal IPO
QIB (times)	77.00x
NII (times)	715.77x	212.55x
Big NII (times)
Small NII (times)
RII (times)	222.10x	129.73x
Employee (times)
Other (times)
Total (times)	288.09x	179.20x

Compare with others

SAR Televenture IPO	Sheetal Universal IPO
ROX Hi-Tech IPO	Rockingdeals Circular IPO
Sunrest Lifescience IPO	Arrowhead Seperation Engineering IPO
Sheetal Universal IPO	Kalyani Cast Tech IPO
Baba Food Processing IPO	ROX Hi-Tech IPO
Micropro Software Solutions IPO	Sunrest Lifescience IPO
Vrundavan Plantation IPO	Baba Food Processing IPO
Mish Designs IPO	Micropro Software Solutions IPO
KK Shah Hospitals IPO	SAR Televenture IPO
Transteel Seating Technologies IPO	Vrundavan Plantation IPO
Benchmark Computer IPO	Mish Designs IPO