Shashwat Furnishing IPO vs Sonu Infratech IPO

Comparison between Shashwat Furnishing IPO and Sonu Infratech IPO.

IPO Details

Shashwat Furnishing 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.

Issue Size and Price

The total issue size of Shashwat Furnishing IPO is up to ₹2.38 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Shashwat Furnishing IPO is ₹45.00 per share and of Sonu Infratech IPO is ₹36.00 per share.

 Shashwat Furnishing IPOSonu Infratech IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size5,28,000 shares22,80,000 shares
Fresh Issue Size (Amount)up to ₹2.38 Crup to ₹8.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,28,000 shares22,80,000 shares
Issue Size Total (Amount)up to ₹2.38 Crup to ₹8.21 Cr

IPO Timetable

Shashwat Furnishing IPO opens on Apr 20, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Shashwat Furnishing IPO and Sonu Infratech IPO is Apr 25, 2022, and May 05, 2022, respectively.

Financials & KPIs

Shashwat Furnishing IPO P/E ratio is 53.6, as compared to Sonu Infratech IPO P/E ratio of 15.79.

 Shashwat Furnishing IPOSonu Infratech IPO
Financials

Company Financials (Restated)

Period Ended28 Feb 202231 Mar 2021
Assets2.340.01
Total Income1.230.00
Profit After Tax0.160.00
EBITDA0.230.00
NET Worth1.780.01
Reserves and Surplus0.340.00
Total Borrowing0.03
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 202131 Mar 202131 Mar 202031 Mar 2019
Assets55.0343.1929.0326.96
Total Income32.4040.7741.1434.13
Profit After Tax1.041.400.660.64
NET Worth10.289.247.847.18
Reserves and Surplus4.833.792.391.73
Total Borrowing32.2526.4817.4911.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%94.28%
Promoter Shareholding (Post-Issue)73.28%65.45%
P/E Ratio53.615.79
Market Cap₹9.40 Cr.₹28.26 Cr.
ROE16.38
ROCE9.7
Debt/Equity3.65
EPS₹10.00₹2.57
RoNW015.14

Shares Offered

In the Shashwat Furnishing IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Sonu Infratech IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Shashwat Furnishing IPO and in Sonu Infratech IPO.

 Shashwat Furnishing IPOSonu Infratech IPO
Market Maker Reservation30,000 shares1,20,000 shares
NII2,64,000 shares11,40,000 shares
RII2,64,000 shares11,40,000 shares
Total5,28,000 shares22,80,000 shares

Bids Received (Subscription)

Shashwat Furnishing IPO subscribed 4.62x in total, whereas Sonu Infratech IPO subscribed 16.52x.

 Shashwat Furnishing IPOSonu Infratech IPO
NII (times)2.43x13.43x
RII (times)6.81x19.60x
Total (times)4.62x16.52x

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