Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Sathlokhar Synergys E&C IPO vs Utssav CZ Gold Jewels IPO

Comparison between Sathlokhar Synergys E&C IPO and Utssav CZ Gold Jewels IPO.

IPO Details

Sathlokhar Synergys E&C IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Utssav CZ Gold Jewels IPO is a SME Bookbuilding proposed to list at NSE SME.

 Sathlokhar Synergys E&C IPOUtssav CZ Gold Jewels IPO
LogoSathlokhar Synergys E&C IPO LogoUtssav CZ Gold Jewels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Choice Capital Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Choice Equity Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Utssav CZ Gold Jewels IPO is up to ₹66.00 Cr. The final issue price of Sathlokhar Synergys E&C IPO is ₹140.00 per share and of Utssav CZ Gold Jewels IPO is ₹110.00 per share.

 Sathlokhar Synergys E&C IPOUtssav CZ Gold Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹133.00 per share₹104.00 per share
Issue Price (Upper)₹140.00 per share₹110.00 per share
Issue Price (Final)₹140.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size60,38,000 shares60,00,000 shares
Fresh Issue Size (Amount)up to ₹84.53 Crup to ₹66.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total60,38,000 shares60,00,000 shares
Issue Size Total (Amount)up to ₹84.53 Crup to ₹66.00 Cr

IPO Timetable

Sathlokhar Synergys E&C IPO opens on Jul 30, 2024, while Utssav CZ Gold Jewels IPO opens on Jul 31, 2024. The closing date of Sathlokhar Synergys E&C IPO and Utssav CZ Gold Jewels IPO is Aug 01, 2024, and Aug 02, 2024, respectively.

 Sathlokhar Synergys E&C IPOUtssav CZ Gold Jewels IPO
Anchor Bid DateJul 29, 2024Jul 30, 2024
Issue OpenJul 30, 2024Jul 31, 2024
Issue CloseAug 01, 2024Aug 02, 2024
Basis Of Allotment (Tentative)Aug 02, 2024Aug 05, 2024
Initiation of Refunds (Tentative)Aug 05, 2024Aug 06, 2024
Credit of Share (Tentative)Aug 05, 2024Aug 06, 2024
Listing date (Tentative)Aug 06, 2024Aug 07, 2024
Anchor Lockin End date 1Sep 01, 2024Sep 04, 2024
Anchor Lockin End date 2Oct 31, 2024Nov 03, 2024

Financials & KPIs

Sathlokhar Synergys E&C IPO P/E ratio is 9.35, as compared to Utssav CZ Gold Jewels IPO P/E ratio of 26.92.

 Sathlokhar Synergys E&C IPOUtssav CZ Gold Jewels IPO
Financials

Sathlokhar Synergys E&C Global Limited Financial Information (Restated)

Sathlokhar Synergys E&C Global Limited's revenue increased by 183.77% and profit after tax (PAT) rose by 380.51% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets10,482.584,782.284,627.77
Total Income24,732.098,715.665,851.51
Profit After Tax2,621.43545.5587.87
Net Worth4,053.081,431.65886.10
Reserves and Surplus3,853.091,231.66686.11
Total Borrowing7.92612.19677.14
Amount in ₹ Lakhs

Utssav Cz Gold Jewels Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets12,333.338,215.835,616.494,423.40
Total Income27,733.2023,971.5212,342.5312,030.66
Profit After Tax1,073.76714.96333.95161.87
Net Worth3,311.002,237.241,509.331,175.38
Reserves and Surplus2,891.001,817.241,089.33755.38
Total Borrowing7,703.164,966.023,601.973,016.08
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.4995.98
Promoter Shareholding (Post-Issue)
P/E Ratio9.3526.92
Market Cap₹337.93 Cr.₹262.00 Cr.
ROE38.71%
ROCE87.33%20.43%
Debt/Equity2.33
EPS₹14.98₹4.09
RoNW64.68%38.71%

Shares Offered

In the Sathlokhar Synergys E&C IPO Retail Individual Investors (RII) are offered 21,14,000 shares while in Utssav CZ Gold Jewels 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 12,00,000 shares in Utssav CZ Gold Jewels IPO.

 Sathlokhar Synergys E&C IPOUtssav CZ Gold Jewels IPO
Anchor Investor Reserveration18,10,000 shares18,00,000 shares
Market Maker Reserveration6,00,000 shares3,18,000 shares
QIB12,08,000 shares12,00,000 shares
NII9,06,000 shares9,00,000 shares
RII21,14,000 shares21,00,000 shares
Employee
Others
Total60,38,000 shares60,00,000 shares

Bids Received (Subscription)

Sathlokhar Synergys E&C IPO subscribed 211.13x in total, whereas Utssav CZ Gold Jewels IPO subscribed 47.58x.

 Sathlokhar Synergys E&C IPOUtssav CZ Gold Jewels IPO
QIB (times)171.55x36.43x
NII (times)382.11x64.47x
Big NII (times)
Small NII (times)
RII (times)160.47x46.71x
Employee (times)
Other (times)
Total (times)211.13x47.58x