Comparison between Sahaj Fashions IPO and Shoora Designs IPO.
Sahaj Fashions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shoora Designs IPO is a SME Fixed Price proposed to list at BSE SME.
| Sahaj Fashions IPO | Shoora Designs 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. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Rikhav Securities 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 Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Shoora Designs IPO is ₹48.00 per share.
| Sahaj Fashions IPO | Shoora Designs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹48.00 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 | 3,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.72 Cr | up to ₹1.90 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 | 3,96,000 shares |
| Issue Size Total (Amount) | up to ₹13.25 Cr | up to ₹1.90 Cr |
Sahaj Fashions IPO opens on Aug 25, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Sahaj Fashions IPO and Shoora Designs IPO is Aug 29, 2023, and Aug 21, 2023, respectively.
| Sahaj Fashions IPO | Shoora Designs IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 25, 2023 | Aug 17, 2023 |
| Issue Close | Aug 29, 2023 | Aug 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 01, 2023 | Aug 24, 2023 |
| Initiation of Refunds (Tentative) | Sep 04, 2023 | Aug 25, 2023 |
| Credit of Share (Tentative) | Sep 05, 2023 | Aug 28, 2023 |
| Listing date (Tentative) | Sep 06, 2023 | Aug 29, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sahaj Fashions IPO P/E ratio is , as compared to Shoora Designs IPO P/E ratio of 35.82.
| Sahaj Fashions IPO | Shoora Designs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.95 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.50 Cr. | ₹7.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.06% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.89% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Shoora Designs IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sahaj Fashions IPO and in Shoora Designs IPO.
| Sahaj Fashions IPO | Shoora Designs IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,36,000 shares | 27,000 shares |
| QIB | ||
| NII | 22,08,000 shares | 1,98,000 shares |
| RII | 22,08,000 shares | 1,98,000 shares |
| Employee | ||
| Others | ||
| Total | 44,16,000 shares | 3,96,000 shares |
Sahaj Fashions IPO subscribed 7.75x in total, whereas Shoora Designs IPO subscribed 64.52x.
| Sahaj Fashions IPO | Shoora Designs IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.78x | 34.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.72x | 93.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.75x | 64.52x |
