Sangani Hospitals IPO vs Shelter Pharma IPO

Comparison between Sangani Hospitals IPO and Shelter Pharma IPO.

IPO Details

Sangani Hospitals 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.

	Sangani Hospitals IPO	Shelter Pharma IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	BSE SME
Lead Managers	Unistone Capital Pvt.Ltd.	Gretex Corporate Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sangani Hospitals IPO is up to ₹14.40 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹15.22 Cr. The final issue price of Sangani Hospitals IPO is ₹40.00 per share and of Shelter Pharma IPO is ₹42.00 per share.

	Sangani Hospitals IPO	Shelter Pharma IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹37.00 per share
Issue Price (Upper)	₹40.00 per share
Issue Price (Final)	₹40.00 per share	₹42.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size	36,00,000 shares	36,24,000 shares
Fresh Issue Size (Amount)	up to ₹14.40 Cr	up to ₹15.22 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	36,00,000 shares	36,24,000 shares
Issue Size Total (Amount)	up to ₹14.40 Cr	up to ₹15.22 Cr

IPO Timetable

Sangani Hospitals IPO opens on Aug 04, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Sangani Hospitals IPO and Shelter Pharma IPO is Aug 08, 2023, and Aug 14, 2023, respectively.

	Sangani Hospitals IPO	Shelter Pharma IPO
Anchor Bid Date
Issue Open	Aug 04, 2023	Aug 10, 2023
Issue Close	Aug 08, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Aug 11, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Aug 14, 2023	Aug 21, 2023
Credit of Share (Tentative)	Aug 16, 2023	Aug 22, 2023
Listing date (Tentative)	Aug 17, 2023	Aug 23, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Sangani Hospitals IPO P/E ratio is 37.03, as compared to Shelter Pharma IPO P/E ratio of 5.62.

Sangani Hospitals IPO

Shelter Pharma IPO

Financials

Sangani Hospitals IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	330.36	299.20	705.45	1,959.01
Total Income	446.47	498.21	420.63	1,576.24
Profit After Tax	22.81	79.06	105.35	148.37
Net Worth	183.35	168.79	501.60	1,797.29
Reserves and Surplus		168.83	106.78	798.79
Total Borrowing	34.72	34.57		10.08

Amount in ₹ Lakhs

Shelter Pharma IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,020.24	1,283.93	2,144.90
Total Income	2,248.86	3,005.84	3,615.51
Profit After Tax	-23.88	183.70	578.33
Net Worth	711.17	880.42	1,451.06
Reserves and Surplus	667.40	844.45	676.68
Total Borrowing	0.46	13.12	178.41

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

84.92

Promoter Shareholding (Post-Issue)

56.89

P/E Ratio

37.03

5.62

Market Cap

₹55.11 Cr.

₹48.55 Cr.

ROE

ROCE

11.26%

Debt/Equity

EPS

₹3.47

₹7.47

RoNW

35.75%

39.86%

Shares Offered

In the Sangani Hospitals IPO Retail Individual Investors (RII) are offered 16,20,000 shares while in Shelter Pharma IPO retail investors are offered 16,20,000 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in Sangani Hospitals IPO and in Shelter Pharma IPO.

	Sangani Hospitals IPO	Shelter Pharma IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,92,000 shares	1,92,000 shares
QIB	3,60,000 shares
NII	16,20,000 shares	18,12,000 shares
RII	16,20,000 shares	18,12,000 shares
Employee
Others
Total	36,00,000 shares	36,24,000 shares

Bids Received (Subscription)

Sangani Hospitals IPO subscribed 4.54x in total, whereas Shelter Pharma IPO subscribed 15.25x.

	Sangani Hospitals IPO	Shelter Pharma IPO
QIB (times)	11.42x
NII (times)	1.38x	6.59x
Big NII (times)
Small NII (times)
RII (times)	6.17x	22.28x
Employee (times)
Other (times)
Total (times)	4.54x	15.25x

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