Comparison between Saroja Pharma IPO and Sungarner Energies IPO.
IPO Details
Saroja Pharma IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Saroja Pharma IPO is up to ₹8.66 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Saroja Pharma IPO is ₹84.00 per share and of Sungarner Energies IPO is ₹83.00 per share.
IPO Timetable
Saroja Pharma IPO opens on Aug 31, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Saroja Pharma IPO and Sungarner Energies IPO is Sep 05, 2023, and Aug 23, 2023, respectively.
| | Saroja Pharma IPO | Sungarner Energies IPO |
|---|
| Issue Open | Aug 31, 2023 | Aug 21, 2023 |
| Issue Close | Sep 05, 2023 | Aug 23, 2023 |
| Basis Of Allotment (Tentative) | Sep 08, 2023 | Aug 28, 2023 |
| Initiation of Refunds (Tentative) | Sep 11, 2023 | Aug 29, 2023 |
| Credit of Share (Tentative) | Sep 12, 2023 | Aug 30, 2023 |
| Listing date (Tentative) | Sep 13, 2023 | Aug 31, 2023 |
Financials & KPIs
Saroja Pharma IPO P/E ratio is 23.25, as compared to Sungarner Energies IPO P/E ratio of 13.07.
Shares Offered
In the Saroja Pharma IPO Retail Individual Investors (RII) are offered 5,15,200 shares while in Sungarner Energies IPO retail investors are offered 5,15,200 shares. Qualified Institutional Buyers (QIB) are offered in Saroja Pharma IPO and in Sungarner Energies IPO.
| | Saroja Pharma IPO | Sungarner Energies IPO |
|---|
| Market Maker Reservation | 54,400 shares | 57,600 shares |
| NII | 5,15,200 shares | 2,91,200 shares |
| RII | 5,15,200 shares | 2,91,200 shares |
| Total | 10,30,400 shares | 5,82,400 shares |
Bids Received (Subscription)
Saroja Pharma IPO subscribed 8.86x in total, whereas Sungarner Energies IPO subscribed 151.76x.
