Comparison between Sheetal Universal IPO and Sunrest Lifescience IPO.
IPO Details
Sheetal Universal IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunrest Lifescience IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Sheetal Universal IPO is up to ₹22.60 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.30 Cr. The final issue price of Sheetal Universal IPO is ₹70.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.
IPO Timetable
Sheetal Universal IPO opens on Dec 04, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of Sheetal Universal IPO and Sunrest Lifescience IPO is Dec 06, 2023, and Nov 09, 2023, respectively.
| | Sheetal Universal IPO | Sunrest Lifescience IPO |
|---|
| Issue Open | Dec 04, 2023 | Nov 07, 2023 |
| Issue Close | Dec 06, 2023 | Nov 09, 2023 |
| Basis Of Allotment (Tentative) | Dec 07, 2023 | Nov 15, 2023 |
| Initiation of Refunds (Tentative) | Dec 08, 2023 | Nov 16, 2023 |
| Credit of Share (Tentative) | Dec 08, 2023 | Nov 17, 2023 |
| Listing date (Tentative) | Dec 11, 2023 | Nov 20, 2023 |
Financials & KPIs
Sheetal Universal IPO P/E ratio is 27.34, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.
Shares Offered
In the Sheetal Universal IPO Retail Individual Investors (RII) are offered 16,14,000 shares while in Sunrest Lifescience IPO retail investors are offered 16,14,000 shares. Qualified Institutional Buyers (QIB) are offered in Sheetal Universal IPO and in Sunrest Lifescience IPO.
| | Sheetal Universal IPO | Sunrest Lifescience IPO |
|---|
| Market Maker Reservation | 1,72,000 shares | 65,600 shares |
| NII | 16,14,000 shares | 6,12,800 shares |
| RII | 16,14,000 shares | 6,12,800 shares |
| Total | 32,28,000 shares | 12,25,600 shares |
Bids Received (Subscription)
Sheetal Universal IPO subscribed 171.14x in total, whereas Sunrest Lifescience IPO subscribed 47.46x.
