Comparison between Sahaj Solar IPO and Sati Poly Plast IPO.
Sahaj Solar IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sati Poly Plast IPO is a SME Bookbuilding proposed to list at NSE SME.
| Sahaj Solar IPO | Sati Poly Plast IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Kunvarji Finstock Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sahaj Solar IPO is up to ₹49.89 Cr whereas the issue size of the Sati Poly Plast IPO is up to ₹16.45 Cr. The final issue price of Sahaj Solar IPO is ₹180.00 per share and of Sati Poly Plast IPO is ₹130.00 per share.
| Sahaj Solar IPO | Sati Poly Plast IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹171.00 per share | ₹123.00 per share |
| Issue Price (Upper) | ₹180.00 per share | ₹130.00 per share |
| Issue Price (Final) | ₹180.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 800 shares | 1000 shares |
| Fresh Issue Size | 27,73,600 shares | 12,65,000 shares |
| Fresh Issue Size (Amount) | up to ₹49.89 Cr | up to ₹16.45 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,73,600 shares | 12,65,000 shares |
| Issue Size Total (Amount) | up to ₹49.89 Cr | up to ₹16.45 Cr |
Sahaj Solar IPO opens on Jul 11, 2024, while Sati Poly Plast IPO opens on Jul 12, 2024. The closing date of Sahaj Solar IPO and Sati Poly Plast IPO is Jul 15, 2024, and Jul 16, 2024, respectively.
| Sahaj Solar IPO | Sati Poly Plast IPO | |
|---|---|---|
| Anchor Bid Date | Jul 10, 2024 | Jul 11, 2024 |
| Issue Open | Jul 11, 2024 | Jul 12, 2024 |
| Issue Close | Jul 15, 2024 | Jul 16, 2024 |
| Basis Of Allotment (Tentative) | Jul 16, 2024 | Jul 18, 2024 |
| Initiation of Refunds (Tentative) | Jul 18, 2024 | Jul 19, 2024 |
| Credit of Share (Tentative) | Jul 18, 2024 | Jul 19, 2024 |
| Listing date (Tentative) | Jul 19, 2024 | Jul 22, 2024 |
| Anchor Lockin End date 1 | Aug 15, 2024 | Aug 17, 2024 |
| Anchor Lockin End date 2 | Oct 14, 2024 | Oct 16, 2024 |
Sahaj Solar IPO P/E ratio is 10.86, as compared to Sati Poly Plast IPO P/E ratio of 14.29.
| Sahaj Solar IPO | Sati Poly Plast IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.08 | 86.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.28 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.86 | 14.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.75 Cr. | ₹64.31 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.96% | 40.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.47% | 20.45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.58 | ₹9.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.96% | 26.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Solar IPO Retail Individual Investors (RII) are offered 9,62,400 shares while in Sati Poly Plast IPO retail investors are offered 9,62,400 shares. Qualified Institutional Buyers (QIB) are offered 5,50,400 shares in Sahaj Solar IPO and 2,53,000 shares in Sati Poly Plast IPO.
| Sahaj Solar IPO | Sati Poly Plast IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,24,000 shares | 3,79,000 shares |
| Market Maker Reservation | 1,46,400 shares | 70,000 shares |
| QIB | 5,50,400 shares | 2,53,000 shares |
| NII | 4,12,800 shares | 1,90,000 shares |
| RII | 9,62,400 shares | 4,43,000 shares |
| Employee | 24,000 shares | |
| Others | ||
| Total | 27,73,600 shares | 12,65,000 shares |
Sahaj Solar IPO subscribed 507.21x in total, whereas Sati Poly Plast IPO subscribed 499.13x.
| Sahaj Solar IPO | Sati Poly Plast IPO | |
|---|---|---|
| QIB (times) | 214.27x | 146.00x |
| NII (times) | 862.35x | 569.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 535.03x | 670.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 507.21x | 499.13x |
