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Shashwat Furnishing IPO vs Sonu Infratech IPO

Comparison between Shashwat Furnishing IPO and Sonu Infratech IPO.

IPO Details

Shashwat Furnishing IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.

 Shashwat Furnishing IPOSonu Infratech IPO
LogoShashwat Furnishing IPO LogoSonu Infratech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersBeeline Broking Ltd.Swastika Investmart Ltd.
RegistrarKfin Technologies Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shashwat Furnishing IPO is up to ₹2.38 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Shashwat Furnishing IPO is ₹45.00 per share and of Sonu Infratech IPO is ₹36.00 per share.

 Shashwat Furnishing IPOSonu Infratech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size5,28,000 shares22,80,000 shares
Fresh Issue Size (Amount)up to ₹2.38 Crup to ₹8.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,28,000 shares22,80,000 shares
Issue Size Total (Amount)up to ₹2.38 Crup to ₹8.21 Cr

IPO Timetable

Shashwat Furnishing IPO opens on Apr 20, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Shashwat Furnishing IPO and Sonu Infratech IPO is Apr 25, 2022, and May 05, 2022, respectively.

 Shashwat Furnishing IPOSonu Infratech IPO
Anchor Bid Date
Issue OpenApr 20, 2022Apr 29, 2022
Issue CloseApr 25, 2022May 05, 2022
Basis Of Allotment (Tentative)May 10, 2022
Initiation of Refunds (Tentative)May 11, 2022
Credit of Share (Tentative)May 12, 2022
Listing date (Tentative)May 04, 2022May 13, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Shashwat Furnishing IPO P/E ratio is 53.6, as compared to Sonu Infratech IPO P/E ratio of 15.79.

 Shashwat Furnishing IPOSonu Infratech IPO
Financials
Summary of financial Information (Restated Statements)
Particulars For the year/period ended (Rs in Lakhs)
28-Feb-22
Total Assets 234.44
Total Revenue 123.46
Profit After Tax 16.10
Summary of financial Information (RESTATED)
Particulars For the year/period ended (Rs in Lakhs)
31-Oct-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 5,503.07 4,319.18 2,902.96 2,696.21
Total Revenue 3,239.50 4,076.69 4,114.07 3,412.77
Profit After Tax 104.27 139.80 66.01 64.47
Promoter Shareholding (Pre-Issue)10094.28
Promoter Shareholding (Post-Issue)73.2865.45
P/E Ratio53.615.79
Market Cap₹9.40 Cr.₹28.26 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Shashwat Furnishing IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Sonu Infratech IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Shashwat Furnishing IPO and in Sonu Infratech IPO.

 Shashwat Furnishing IPOSonu Infratech IPO
Anchor Investor Reserveration
Market Maker Reserveration30,000 shares1,20,000 shares
QIB
NII2,64,000 shares11,40,000 shares
RII2,64,000 shares11,40,000 shares
Employee
Others
Total5,28,000 shares22,80,000 shares

Bids Received (Subscription)

Shashwat Furnishing IPO subscribed 4.62x in total, whereas Sonu Infratech IPO subscribed 16.52x.

 Shashwat Furnishing IPOSonu Infratech IPO
QIB (times)
NII (times)2.43x13.43x
Big NII (times)
Small NII (times)
RII (times)6.81x19.60x
Employee (times)
Other (times)
Total (times)4.62x16.52x