Comparison between Sadhav Shipping IPO and Sona Machinery IPO.
IPO Details
Sadhav Shipping IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sona Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Sadhav Shipping IPO is up to ₹36.25 Cr whereas the issue size of the Sona Machinery IPO is up to ₹49.22 Cr. The final issue price of Sadhav Shipping IPO is ₹95.00 per share and of Sona Machinery IPO is ₹143.00 per share.
IPO Timetable
Sadhav Shipping IPO opens on Feb 23, 2024, while Sona Machinery IPO opens on Mar 05, 2024. The closing date of Sadhav Shipping IPO and Sona Machinery IPO is Feb 27, 2024, and Mar 07, 2024, respectively.
| | Sadhav Shipping IPO | Sona Machinery IPO |
|---|
| Anchor Bid Date | | Mar 04, 2024 |
| Issue Open | Feb 23, 2024 | Mar 05, 2024 |
| Issue Close | Feb 27, 2024 | Mar 07, 2024 |
| Basis Of Allotment (Tentative) | Feb 28, 2024 | Mar 11, 2024 |
| Initiation of Refunds (Tentative) | Feb 29, 2024 | Mar 12, 2024 |
| Credit of Share (Tentative) | Feb 29, 2024 | Mar 12, 2024 |
| Listing date (Tentative) | Mar 01, 2024 | Mar 13, 2024 |
| Anchor Lockin End date 1 | | Apr 10, 2024 |
| Anchor Lockin End date 2 | | Jun 09, 2024 |
Financials & KPIs
Sadhav Shipping IPO P/E ratio is 12.66, as compared to Sona Machinery IPO P/E ratio of 18.8.
Shares Offered
In the Sadhav Shipping IPO Retail Individual Investors (RII) are offered 19,08,000 shares while in Sona Machinery IPO retail investors are offered 19,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sadhav Shipping IPO and 6,88,000 shares in Sona Machinery IPO.
| | Sadhav Shipping IPO | Sona Machinery IPO |
|---|
| Anchor Investor Reservation | | 10,32,000 shares |
| Market Maker Reservation | 2,02,800 shares | 1,82,000 shares |
| QIB | | 6,88,000 shares |
| NII | 19,08,000 shares | 5,17,000 shares |
| RII | 19,08,000 shares | 12,05,000 shares |
| Employee | | |
| Others | | |
| Total | 38,16,000 shares | 34,42,000 shares |
Bids Received (Subscription)
Sadhav Shipping IPO subscribed 135.69x in total, whereas Sona Machinery IPO subscribed 273.50x.
