Comparison between Scarnose International IPO and Sonu Infratech IPO.
Scarnose International IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.
| Scarnose International IPO | Sonu Infratech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Swastika Investmart Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Econo Broking Pvt.Ltd. | Sunflower Broking Pvt.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 Scarnose International IPO is up to ₹6.27 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Scarnose International IPO is ₹55.00 per share and of Sonu Infratech IPO is ₹36.00 per share.
| Scarnose International IPO | Sonu Infratech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹55.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 11,40,000 shares | 22,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.27 Cr | up to ₹8.21 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 | 11,40,000 shares | 22,80,000 shares |
| Issue Size Total (Amount) | up to ₹6.27 Cr | up to ₹8.21 Cr |
Scarnose International IPO opens on Jun 14, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Scarnose International IPO and Sonu Infratech IPO is Jun 17, 2022, and May 05, 2022, respectively.
| Scarnose International IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 14, 2022 | Apr 29, 2022 |
| Issue Close | Jun 17, 2022 | May 05, 2022 |
| Basis Of Allotment (Tentative) | Jun 22, 2022 | May 10, 2022 |
| Initiation of Refunds (Tentative) | Jun 23, 2022 | May 11, 2022 |
| Credit of Share (Tentative) | Jun 24, 2022 | May 12, 2022 |
| Listing date (Tentative) | Jun 27, 2022 | May 13, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Scarnose International IPO P/E ratio is 51.89, as compared to Sonu Infratech IPO P/E ratio of 15.79.
| Scarnose International IPO | Sonu Infratech IPO | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| ||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 94.28 | ||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.90 | 65.45 | ||||||||||||||||||||||||||||||
| P/E Ratio | 51.89 | 15.79 | ||||||||||||||||||||||||||||||
| Market Cap | ₹17.33 Cr. | ₹28.26 Cr. | ||||||||||||||||||||||||||||||
| ROE | 16.38 | |||||||||||||||||||||||||||||||
| ROCE | 9.7 | |||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | 3.65 | ||||||||||||||||||||||||||||||
| EPS | ₹1.76 | ₹2.57 | ||||||||||||||||||||||||||||||
| RoNW | 9.86 | 15.14 | ||||||||||||||||||||||||||||||
In the Scarnose International IPO Retail Individual Investors (RII) are offered 5,70,000 shares while in Sonu Infratech IPO retail investors are offered 5,70,000 shares. Qualified Institutional Buyers (QIB) are offered in Scarnose International IPO and in Sonu Infratech IPO.
| Scarnose International IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 60,000 shares | 1,20,000 shares |
| QIB | ||
| NII | 5,70,000 shares | 11,40,000 shares |
| RII | 5,70,000 shares | 11,40,000 shares |
| Employee | ||
| Others | ||
| Total | 11,40,000 shares | 22,80,000 shares |
Scarnose International IPO subscribed 2.22x in total, whereas Sonu Infratech IPO subscribed 16.52x.
| Scarnose International IPO | Sonu Infratech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.09x | 13.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.34x | 19.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.22x | 16.52x |
