Comparison between Saraswati Saree Depot IPO and Updater IPO.
Saraswati Saree Depot IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Updater IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Saraswati Saree Depot IPO is up to ₹160.01 Cr whereas the issue size of the Updater IPO is up to ₹640.00 Cr. The final issue price of Saraswati Saree Depot IPO is ₹160.00 per share and of Updater IPO is ₹300.00 per share.
| Saraswati Saree Depot IPO | Updater IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹152.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹160.00 per share | ₹300.00 per share |
| Issue Price (Final) | ₹160.00 per share | ₹300.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 90 shares | 50 shares |
| Fresh Issue Size | 64,99,800 shares | 1,33,33,333 shares |
| Fresh Issue Size (Amount) | up to ₹104.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 35,01,000 shares | 80,00,000 shares |
| OFS Issue Size (Amount) | up to ₹56.02 Cr | up to ₹240.00 Cr |
| Issue Size Total | 1,00,00,800 shares | 2,13,33,333 shares |
| Issue Size Total (Amount) | up to ₹160.01 Cr | up to ₹640.00 Cr |
Saraswati Saree Depot IPO opens on Aug 12, 2024, while Updater IPO opens on Sep 25, 2023. The closing date of Saraswati Saree Depot IPO and Updater IPO is Aug 14, 2024, and Sep 27, 2023, respectively.
| Saraswati Saree Depot IPO | Updater IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Aug 12, 2024 | Sep 25, 2023 |
| Issue Close | Aug 14, 2024 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Aug 16, 2024 | Sep 28, 2023 |
| Initiation of Refunds (Tentative) | Aug 19, 2024 | Sep 29, 2023 |
| Credit of Share (Tentative) | Aug 19, 2024 | Oct 03, 2023 |
| Listing date (Tentative) | Aug 20, 2024 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | |
| Anchor Lockin End date 2 | Dec 27, 2023 |
Saraswati Saree Depot IPO P/E ratio is 17.94, as compared to Updater IPO P/E ratio of 44.31.
| Saraswati Saree Depot IPO | Updater IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 80.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.75 | 58.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.94 | 44.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹633.60 Cr. | ₹2001.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 58.88 | 9.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 64.46 | 14.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.67 | 0.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.92 | ₹6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.49 | 9.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Saraswati Saree Depot IPO Retail Individual Investors (RII) are offered 35,00,280 shares while in Updater IPO retail investors are offered 35,00,280 shares. Qualified Institutional Buyers (QIB) are offered 50,00,400 shares in Saraswati Saree Depot IPO and 64,00,001 shares in Updater IPO.
| Saraswati Saree Depot IPO | Updater IPO | |
|---|---|---|
| Anchor Investor Reservation | 96,00,000 shares | |
| Market Maker Reservation | ||
| QIB | 50,00,400 shares | 64,00,001 shares |
| NII | 15,00,120 shares | 31,99,999 shares |
| RII | 35,00,280 shares | 21,33,333 shares |
| Employee | ||
| Others | ||
| Total | 1,00,00,800 shares | 2,13,33,333 shares |
Saraswati Saree Depot IPO subscribed 107.39x in total, whereas Updater IPO subscribed 2.96x.
| Saraswati Saree Depot IPO | Updater IPO | |
|---|---|---|
| QIB (times) | 64.12x | 4.50x |
| NII (times) | 358.47x | 0.89x |
| Big NII (times) | 389.28x | 1.07x |
| Small NII (times) | 296.85x | 0.53x |
| RII (times) | 61.59x | 1.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 107.39x | 2.96x |
