Comparison between Signoria Creation IPO and Sona Machinery IPO.
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 |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 |
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 |
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 | Company Financials (Restated Standalone)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 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% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reservation | 3,20,000 shares | 10,32,000 shares |
| Market Maker Reservation | 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 |
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 |
