Comparison between Pramara Promotions IPO and Saroja Pharma IPO.
IPO Details
Pramara Promotions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Saroja Pharma IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Pramara Promotions IPO is up to ₹14.49 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of Pramara Promotions IPO is ₹63.00 per share and of Saroja Pharma IPO is ₹84.00 per share.
IPO Timetable
Pramara Promotions IPO opens on Sep 01, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of Pramara Promotions IPO and Saroja Pharma IPO is Sep 05, 2023, and Sep 05, 2023, respectively.
| | Pramara Promotions IPO | Saroja Pharma IPO |
|---|
| Issue Open | Sep 01, 2023 | Aug 31, 2023 |
| Issue Close | Sep 05, 2023 | Sep 05, 2023 |
| Basis Of Allotment (Tentative) | Sep 08, 2023 | Sep 08, 2023 |
| Initiation of Refunds (Tentative) | Sep 11, 2023 | Sep 11, 2023 |
| Credit of Share (Tentative) | Sep 12, 2023 | Sep 12, 2023 |
| Listing date (Tentative) | Sep 13, 2023 | Sep 13, 2023 |
Financials & KPIs
Pramara Promotions IPO P/E ratio is , as compared to Saroja Pharma IPO P/E ratio of 23.25.
Shares Offered
In the Pramara Promotions IPO Retail Individual Investors (RII) are offered 11,50,000 shares while in Saroja Pharma IPO retail investors are offered 11,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Pramara Promotions IPO and in Saroja Pharma IPO.
| | Pramara Promotions IPO | Saroja Pharma IPO |
|---|
| Market Maker Reservation | 1,24,000 shares | 54,400 shares |
| NII | 11,50,000 shares | 5,15,200 shares |
| RII | 11,50,000 shares | 5,15,200 shares |
| Total | 23,00,000 shares | 10,30,400 shares |
Bids Received (Subscription)
Pramara Promotions IPO subscribed 25.56x in total, whereas Saroja Pharma IPO subscribed 8.86x.
