Comparison between Sahana System IPO and Sonalis Consumer Products IPO.
Sahana System IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sonalis Consumer Products IPO is a SME Fixed Price proposed to list at BSE SME.
| Sahana System IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Interactive Financial Services Ltd. Unistone Capital Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Beeline Broking 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 Sahana System IPO is up to ₹31.05 Cr whereas the issue size of the Sonalis Consumer Products IPO is up to ₹2.68 Cr. The final issue price of Sahana System IPO is ₹135.00 per share and of Sonalis Consumer Products IPO is ₹30.00 per share.
| Sahana System IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹132.00 per share | |
| Issue Price (Upper) | ₹135.00 per share | |
| Issue Price (Final) | ₹135.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 4000 shares |
| Fresh Issue Size | 23,00,000 shares | 8,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.05 Cr | up to ₹2.68 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 | 23,00,000 shares | 8,92,000 shares |
| Issue Size Total (Amount) | up to ₹31.05 Cr | up to ₹2.68 Cr |
Sahana System IPO opens on May 31, 2023, while Sonalis Consumer Products IPO opens on Jun 07, 2023. The closing date of Sahana System IPO and Sonalis Consumer Products IPO is Jun 02, 2023, and Jun 09, 2023, respectively.
| Sahana System IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 31, 2023 | Jun 07, 2023 |
| Issue Close | Jun 02, 2023 | Jun 09, 2023 |
| Basis Of Allotment (Tentative) | Jun 07, 2023 | Jun 14, 2023 |
| Initiation of Refunds (Tentative) | Jun 08, 2023 | Jun 15, 2023 |
| Credit of Share (Tentative) | Jun 09, 2023 | Jun 16, 2023 |
| Listing date (Tentative) | Jun 12, 2023 | Jun 19, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sahana System IPO P/E ratio is 16.88, as compared to Sonalis Consumer Products IPO P/E ratio of 6.56.
| Sahana System IPO | Sonalis Consumer Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.25 | 73.12 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 38.59 | |||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.88 | 6.56 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹107.95 Cr. | ₹6.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 83.52 | |||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 61.05 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.44 | |||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.48 | ₹10.08 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 59.24 | 19.60 | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahana System IPO Retail Individual Investors (RII) are offered 10,35,000 shares while in Sonalis Consumer Products IPO retail investors are offered 10,35,000 shares. Qualified Institutional Buyers (QIB) are offered 2,30,000 shares in Sahana System IPO and in Sonalis Consumer Products IPO.
| Sahana System IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,25,000 shares | 52,000 shares |
| QIB | 2,30,000 shares | |
| NII | 10,35,000 shares | 4,44,000 shares |
| RII | 10,35,000 shares | 4,48,000 shares |
| Employee | ||
| Others | ||
| Total | 23,00,000 shares | 8,92,000 shares |
Sahana System IPO subscribed 9.99x in total, whereas Sonalis Consumer Products IPO subscribed 43.48x.
| Sahana System IPO | Sonalis Consumer Products IPO | |
|---|---|---|
| QIB (times) | 9.70x | |
| NII (times) | 7.07x | 38.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.97x | 48.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.99x | 43.48x |
