Sathlokhar Synergys E&C IPO vs Trom Industries IPO

Comparison between Sathlokhar Synergys E&C IPO and Trom Industries IPO.

IPO Details

Sathlokhar Synergys E&C IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sathlokhar Synergys E&C IPO is up to ₹84.53 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Sathlokhar Synergys E&C IPO is ₹140.00 per share and of Trom Industries IPO is ₹115.00 per share.

 Sathlokhar Synergys E&C IPOTrom Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹133.00 per share₹100.00 per share
Issue Price (Upper)₹140.00 per share₹115.00 per share
Issue Price (Final)₹140.00 per share₹115.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size60,38,000 shares25,90,800 shares
Fresh Issue Size (Amount)up to ₹84.53 Crup to ₹29.79 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total60,38,000 shares25,90,800 shares
Issue Size Total (Amount)up to ₹84.53 Crup to ₹29.79 Cr

IPO Timetable

Sathlokhar Synergys E&C IPO opens on Jul 30, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Sathlokhar Synergys E&C IPO and Trom Industries IPO is Aug 01, 2024, and Jul 29, 2024, respectively.

 Sathlokhar Synergys E&C IPOTrom Industries IPO
Anchor Bid DateJul 29, 2024Jul 24, 2024
Issue OpenJul 30, 2024Jul 25, 2024
Issue CloseAug 01, 2024Jul 29, 2024
Basis Of Allotment (Tentative)Aug 02, 2024Jul 30, 2024
Initiation of Refunds (Tentative)Aug 05, 2024Jul 31, 2024
Credit of Share (Tentative)Aug 05, 2024Jul 31, 2024
Listing date (Tentative)Aug 06, 2024Aug 01, 2024
Anchor Lockin End date 1Sep 01, 2024Aug 29, 2024
Anchor Lockin End date 2Oct 31, 2024Oct 28, 2024

Financials & KPIs

Sathlokhar Synergys E&C IPO P/E ratio is 9.35, as compared to Trom Industries IPO P/E ratio of 12.98.

 Sathlokhar Synergys E&C IPOTrom Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets104.8347.8246.28
Total Income247.3287.1658.52
Profit After Tax26.215.460.88
NET Worth40.5314.328.86
Reserves and Surplus38.5312.326.86
Total Borrowing0.086.126.77
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets29.2021.5518.54
Total Income54.5524.1430.57
Profit After Tax5.730.290.36
NET Worth12.232.502.21
Reserves and Surplus5.762.492.20
Total Borrowing5.744.930.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.598.84
Promoter Shareholding (Post-Issue)62.7169.52
P/E Ratio9.3512.98
Market Cap₹337.93 Cr.₹105.74 Cr.
ROE77.82%
ROCE87.33%47.11%
Debt/Equity0.47
EPS₹14.98₹8.86
RoNW64.68%77.82%

Shares Offered

In the Sathlokhar Synergys E&C IPO Retail Individual Investors (RII) are offered 21,14,000 shares while in Trom Industries IPO retail investors are offered 21,14,000 shares. Qualified Institutional Buyers (QIB) are offered 12,08,000 shares in Sathlokhar Synergys E&C IPO and 5,18,400 shares in Trom Industries IPO.

 Sathlokhar Synergys E&C IPOTrom Industries IPO
Anchor Investor Reservation18,10,000 shares7,76,400 shares
Market Maker Reservation6,00,000 shares1,36,800 shares
QIB12,08,000 shares5,18,400 shares
NII9,06,000 shares3,88,800 shares
RII21,14,000 shares9,07,200 shares
Employee
Others
Total60,38,000 shares25,90,800 shares

Bids Received (Subscription)

Sathlokhar Synergys E&C IPO subscribed 211.13x in total, whereas Trom Industries IPO subscribed 459.00x.

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Sathlokhar Synergys E&C IPO Vs Trom Industries IPO