Signoria Creation IPO vs Sona Machinery IPO

Comparison between Signoria Creation IPO and Sona Machinery IPO.

IPO Details

Signoria Creation 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.

	Signoria Creation IPO	Sona Machinery IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Holani Consultants Pvt.Ltd.	Hem Securities Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Holani Consultants Pvt.Ltd.	Hem Finlease Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Signoria Creation IPO is up to ₹8.81 Cr whereas the issue size of the Sona Machinery IPO is up to ₹49.22 Cr. The final issue price of Signoria Creation IPO is ₹65.00 per share and of Sona Machinery IPO is ₹143.00 per share.

	Signoria Creation IPO	Sona Machinery IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹61.00 per share	₹136.00 per share
Issue Price (Upper)	₹65.00 per share	₹143.00 per share
Issue Price (Final)	₹65.00 per share	₹143.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹0.00 per share
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	13,56,000 shares	34,42,000 shares
Fresh Issue Size (Amount)	up to ₹8.81 Cr	up to ₹49.22 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	13,56,000 shares	34,42,000 shares
Issue Size Total (Amount)	up to ₹8.81 Cr	up to ₹49.22 Cr

IPO Timetable

Signoria Creation IPO opens on Mar 12, 2024, while Sona Machinery IPO opens on Mar 05, 2024. The closing date of Signoria Creation IPO and Sona Machinery IPO is Mar 14, 2024, and Mar 07, 2024, respectively.

	Signoria Creation IPO	Sona Machinery IPO
Anchor Bid Date	Mar 11, 2024	Mar 04, 2024
Issue Open	Mar 12, 2024	Mar 05, 2024
Issue Close	Mar 14, 2024	Mar 07, 2024
Basis Of Allotment (Tentative)	Mar 15, 2024	Mar 11, 2024
Initiation of Refunds (Tentative)	Mar 18, 2024	Mar 12, 2024
Credit of Share (Tentative)	Mar 18, 2024	Mar 12, 2024
Listing date (Tentative)	Mar 19, 2024	Mar 13, 2024
Anchor Lockin End date 1	Apr 14, 2024	Apr 10, 2024
Anchor Lockin End date 2	Jun 13, 2024	Jun 09, 2024

Financials & KPIs

Signoria Creation IPO P/E ratio is 9.37, as compared to Sona Machinery IPO P/E ratio of 18.8.

Signoria Creation IPO

Sona Machinery IPO

Financials

Signoria Creation Limited Financial Information (Restated Standalone)

Signoria Creation Limited's revenue increased by 62.13% and profit after tax (PAT) rose by 242.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,614.56	2,334.92	950.76	597.88
Total Income	652.92	1,915.81	1,181.64	588.98
Profit After Tax	64.52	231.05	67.53	32.60
Net Worth	647.75	583.23	150.88	83.35
Reserves and Surplus	536.75	472.23	100.88	33.35
Total Borrowing	1,263.93	1,050.26	376.84	223.15
Amount in ₹ Lakhs

Sona Machinery Limited Financial Information (Restated Standalone)

Sona Machinery Limited's revenue increased by 82.3% and profit after tax (PAT) rose by 135.35% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,211.30	2,858.19	1,516.58	732.21
Total Income	6,288.11	8,118.06	4,453.07	606.33
Profit After Tax	647.82	768.36	326.47	27.81
Net Worth	1,780.16	1,132.34	363.98	37.51
Reserves and Surplus	770.16	1,122.34	353.98	27.51
Total Borrowing	112.94	252.60	236.61
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

73.59

P/E Ratio

9.37

18.8

Market Cap

₹30.93 Cr.

₹196.25 Cr.

ROE

10.48%

44.49%

ROCE

7.38%

46.61%

Debt/Equity

0.06

EPS

₹6.94

₹7.61

RoNW

9.96%

36.39%

Shares Offered

In the Signoria Creation IPO Retail Individual Investors (RII) are offered 5,30,000 shares while in Sona Machinery IPO retail investors are offered 5,30,000 shares. Qualified Institutional Buyers (QIB) are offered 2,16,000 shares in Signoria Creation IPO and 6,88,000 shares in Sona Machinery IPO.

	Signoria Creation IPO	Sona Machinery IPO
Anchor Investor Reserveration	3,20,000 shares	10,32,000 shares
Market Maker Reserveration	72,000 shares	1,82,000 shares
QIB	2,16,000 shares	6,88,000 shares
NII	2,50,000 shares	5,17,000 shares
RII	5,30,000 shares	12,05,000 shares
Employee	40,000 shares
Others
Total	13,56,000 shares	34,42,000 shares

Bids Received (Subscription)

Signoria Creation IPO subscribed 666.32x in total, whereas Sona Machinery IPO subscribed 273.50x.

	Signoria Creation IPO	Sona Machinery IPO
QIB (times)	107.56x	129.72x
NII (times)	1,290.56x	554.42x
Big NII (times)
Small NII (times)
RII (times)	649.88x	235.06x
Employee (times)
Other (times)
Total (times)	666.32x	273.50x

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