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Sangani Hospitals IPO vs Shoora Designs IPO

Comparison between Sangani Hospitals IPO and Shoora Designs IPO.

IPO Details

Sangani Hospitals 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.

 Sangani Hospitals IPOShoora Designs IPO
LogoSangani Hospitals IPO LogoShoora Designs IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Swaraj shares & securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerRikhav Securities Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO 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 Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Sangani Hospitals IPO is ₹40.00 per share and of Shoora Designs IPO is ₹48.00 per share.

 Sangani Hospitals IPOShoora Designs 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₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size36,00,000 shares3,96,000 shares
Fresh Issue Size (Amount)up to ₹14.40 Crup to ₹1.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,00,000 shares3,96,000 shares
Issue Size Total (Amount)up to ₹14.40 Crup to ₹1.90 Cr

IPO Timetable

Sangani Hospitals IPO opens on Aug 04, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Sangani Hospitals IPO and Shoora Designs IPO is Aug 08, 2023, and Aug 21, 2023, respectively.

 Sangani Hospitals IPOShoora Designs IPO
Anchor Bid Date
Issue OpenAug 04, 2023Aug 17, 2023
Issue CloseAug 08, 2023Aug 21, 2023
Basis Of Allotment (Tentative)Aug 11, 2023Aug 24, 2023
Initiation of Refunds (Tentative)Aug 14, 2023Aug 25, 2023
Credit of Share (Tentative)Aug 16, 2023Aug 28, 2023
Listing date (Tentative)Aug 17, 2023Aug 29, 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 Shoora Designs IPO P/E ratio of 35.82.

 Sangani Hospitals IPOShoora Designs IPO
Financials
Sangani Hospitals IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets330.36299.20705.451,959.01
Total Income446.47498.21420.631,576.24
Profit After Tax22.8179.06105.35148.37
Net Worth183.35168.79501.601,797.29
Reserves and Surplus168.83106.78798.79
Total Borrowing34.7234.5710.08
Amount in ₹ Lakhs
Shoora Designs IPO Financial Information (Restated Standalone)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets0.7515.03168.99
Total Income16.26210.61
Profit After Tax-0.503.9111.46
Net Worth0.504.41158.59
Reserves and Surplus-0.503.4151.02
Total Borrowing0.30
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)71.77
P/E Ratio37.0335.82
Market Cap₹55.11 Cr.₹7.19 Cr.
ROE14.06%
ROCE11.26%9.89%
Debt/Equity
EPS₹3.47₹1.34
RoNW35.75%7.22%

Shares Offered

In the Sangani Hospitals IPO Retail Individual Investors (RII) are offered 16,20,000 shares while in Shoora Designs 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 Shoora Designs IPO.

 Sangani Hospitals IPOShoora Designs IPO
Anchor Investor Reserveration
Market Maker Reserveration1,92,000 shares27,000 shares
QIB3,60,000 shares
NII16,20,000 shares1,98,000 shares
RII16,20,000 shares1,98,000 shares
Employee
Others
Total36,00,000 shares3,96,000 shares

Bids Received (Subscription)

Sangani Hospitals IPO subscribed 4.54x in total, whereas Shoora Designs IPO subscribed 64.52x.

 Sangani Hospitals IPOShoora Designs IPO
QIB (times)11.42x
NII (times)1.38x34.68x
Big NII (times)
Small NII (times)
RII (times)6.17x93.73x
Employee (times)
Other (times)
Total (times)4.54x64.52x