Comparison between Sahaj Fashions IPO and Saroja Pharma IPO.
Sahaj Fashions 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.
| Sahaj Fashions IPO | Saroja Pharma IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Swastika Investmart Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sahaj Fashions IPO is up to ₹13.25 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Saroja Pharma IPO is ₹84.00 per share.
| Sahaj Fashions IPO | Saroja Pharma IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹84.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 42,40,000 shares | 10,30,400 shares |
| Fresh Issue Size (Amount) | up to ₹12.72 Cr | up to ₹8.66 Cr |
| OFS Issue Size | 1,76,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,16,000 shares | 10,30,400 shares |
| Issue Size Total (Amount) | up to ₹13.25 Cr | up to ₹8.66 Cr |
Sahaj Fashions IPO opens on Aug 25, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of Sahaj Fashions IPO and Saroja Pharma IPO is Aug 29, 2023, and Sep 05, 2023, respectively.
| Sahaj Fashions IPO | Saroja Pharma IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 25, 2023 | Aug 31, 2023 |
| Issue Close | Aug 29, 2023 | Sep 05, 2023 |
| Basis Of Allotment (Tentative) | Sep 01, 2023 | Sep 08, 2023 |
| Initiation of Refunds (Tentative) | Sep 04, 2023 | Sep 11, 2023 |
| Credit of Share (Tentative) | Sep 05, 2023 | Sep 12, 2023 |
| Listing date (Tentative) | Sep 06, 2023 | Sep 13, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sahaj Fashions IPO P/E ratio is , as compared to Saroja Pharma IPO P/E ratio of 23.25.
| Sahaj Fashions IPO | Saroja Pharma IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.95 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.50 Cr. | ₹33.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Saroja Pharma IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sahaj Fashions IPO and in Saroja Pharma IPO.
| Sahaj Fashions IPO | Saroja Pharma IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,36,000 shares | 54,400 shares |
| QIB | ||
| NII | 22,08,000 shares | 5,15,200 shares |
| RII | 22,08,000 shares | 5,15,200 shares |
| Employee | ||
| Others | ||
| Total | 44,16,000 shares | 10,30,400 shares |
Sahaj Fashions IPO subscribed 7.75x in total, whereas Saroja Pharma IPO subscribed 8.88x.
| Sahaj Fashions IPO | Saroja Pharma IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.78x | 2.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.72x | 14.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.75x | 8.88x |
