SAR Televenture IPO vs Sheetal Universal IPO

Comparison between SAR Televenture IPO and Sheetal Universal IPO.

IPO Details

SAR Televenture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of SAR Televenture IPO is up to ₹23.49 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of SAR Televenture IPO is ₹55.00 per share and of Sheetal Universal IPO is ₹70.00 per share.

 SAR Televenture IPOSheetal Universal IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹52.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size42,70,000 shares32,28,000 shares
Fresh Issue Size (Amount)up to ₹23.49 Crup to ₹22.60 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,70,000 shares32,28,000 shares
Issue Size Total (Amount)up to ₹23.49 Crup to ₹22.60 Cr

IPO Timetable

SAR Televenture IPO opens on Nov 01, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of SAR Televenture IPO and Sheetal Universal IPO is Nov 03, 2023, and Dec 06, 2023, respectively.

 SAR Televenture IPOSheetal Universal IPO
Anchor Bid DateOct 31, 2023
Issue OpenNov 01, 2023Dec 04, 2023
Issue CloseNov 03, 2023Dec 06, 2023
Basis Of Allotment (Tentative)Nov 06, 2023Dec 07, 2023
Initiation of Refunds (Tentative)Nov 07, 2023Dec 08, 2023
Credit of Share (Tentative)Nov 07, 2023Dec 08, 2023
Listing date (Tentative)Nov 08, 2023Dec 11, 2023
Anchor Lockin End date 1Dec 06, 2023
Anchor Lockin End date 2Feb 04, 2024

Financials & KPIs

SAR Televenture IPO P/E ratio is 0.6, as compared to Sheetal Universal IPO P/E ratio of 27.34.

 SAR Televenture IPOSheetal Universal IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.2524.214.111.45
Total Income17.3532.524.750.91
Profit After Tax1.923.880.04-0.03
NET Worth33.2411.79-0.08-0.12
Reserves and Surplus31.1411.13-0.12-0.16
Total Borrowing7.528.393.371.37
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.7028.0416.0312.72
Total Income58.27131.6639.8438.84
Profit After Tax1.881.990.280.25
NET Worth10.476.494.504.22
Reserves and Surplus2.412.991.000.72
Total Borrowing14.6313.569.856.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.8095
Promoter Shareholding (Post-Issue)66.81
P/E Ratio0.627.34
Market Cap₹82.50 Cr.₹80.19 Cr.
ROE36.17%
ROCE21.59%
Debt/Equity0.652.09
EPS₹91.08₹2.56
RoNW32.95%30.63%

Shares Offered

In the SAR Televenture IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Sheetal Universal IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 8,48,000 shares in SAR Televenture IPO and in Sheetal Universal IPO.

 SAR Televenture IPOSheetal Universal IPO
Anchor Investor Reservation12,72,000 shares
Market Maker Reservation2,30,000 shares1,72,000 shares
QIB8,48,000 shares
NII6,50,000 shares16,14,000 shares
RII15,00,000 shares16,14,000 shares
Employee
Others
Total42,70,000 shares32,28,000 shares

Bids Received (Subscription)

SAR Televenture IPO subscribed 288.09x in total, whereas Sheetal Universal IPO subscribed 179.20x.

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SAR Televenture IPO Vs Sheetal Universal IPO