Comparison between Sahaj Fashions IPO and Shelter Pharma IPO.
Sahaj Fashions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shelter Pharma IPO is a SME Fixed Price proposed to list at BSE SME.
| Sahaj Fashions IPO | Shelter Pharma IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Khambatta Securities Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sahaj Fashions IPO is up to ₹13.25 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹15.22 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Shelter Pharma IPO is ₹42.00 per share.
| Sahaj Fashions IPO | Shelter Pharma IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 42,40,000 shares | 36,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.72 Cr | up to ₹15.22 Cr |
| OFS Issue Size | 1,76,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,16,000 shares | 36,24,000 shares |
| Issue Size Total (Amount) | up to ₹13.25 Cr | up to ₹15.22 Cr |
Sahaj Fashions IPO opens on Aug 25, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Sahaj Fashions IPO and Shelter Pharma IPO is Aug 29, 2023, and Aug 14, 2023, respectively.
| Sahaj Fashions IPO | Shelter Pharma IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 25, 2023 | Aug 10, 2023 |
| Issue Close | Aug 29, 2023 | Aug 14, 2023 |
| Basis Of Allotment (Tentative) | Sep 01, 2023 | Aug 18, 2023 |
| Initiation of Refunds (Tentative) | Sep 04, 2023 | Aug 21, 2023 |
| Credit of Share (Tentative) | Sep 05, 2023 | Aug 22, 2023 |
| Listing date (Tentative) | Sep 06, 2023 | Aug 23, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sahaj Fashions IPO P/E ratio is , as compared to Shelter Pharma IPO P/E ratio of 5.62.
| Sahaj Fashions IPO | Shelter Pharma IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.95 | 84.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.50 Cr. | ₹48.55 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.86% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Shelter Pharma IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sahaj Fashions IPO and in Shelter Pharma IPO.
| Sahaj Fashions IPO | Shelter Pharma IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,36,000 shares | 1,92,000 shares |
| QIB | ||
| NII | 22,08,000 shares | 18,12,000 shares |
| RII | 22,08,000 shares | 18,12,000 shares |
| Employee | ||
| Others | ||
| Total | 44,16,000 shares | 36,24,000 shares |
Sahaj Fashions IPO subscribed 7.75x in total, whereas Shelter Pharma IPO subscribed 15.25x.
| Sahaj Fashions IPO | Shelter Pharma IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.78x | 6.59x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.72x | 22.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.75x | 15.25x |
