Pattech Fitwell Tube IPO vs Sotac Pharmaceuticals IPO

Comparison between Pattech Fitwell Tube IPO and Sotac Pharmaceuticals IPO.

IPO Details

Pattech Fitwell Tube IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sotac Pharmaceuticals IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Pattech Fitwell Tube IPO is up to ₹11.37 Cr whereas the issue size of the Sotac Pharmaceuticals IPO is up to ₹31.64 Cr. The final issue price of Pattech Fitwell Tube IPO is ₹50.00 per share and of Sotac Pharmaceuticals IPO is ₹111.00 per share.

 Pattech Fitwell Tube IPOSotac Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share
Issue Price (Upper)₹111.00 per share
Issue Price (Final)₹50.00 per share₹111.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size22,74,000 shares28,50,000 shares
Fresh Issue Size (Amount)up to ₹11.37 Crup to ₹31.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,74,000 shares28,50,000 shares
Issue Size Total (Amount)up to ₹11.37 Crup to ₹31.64 Cr

IPO Timetable

Pattech Fitwell Tube IPO opens on Apr 05, 2023, while Sotac Pharmaceuticals IPO opens on Mar 29, 2023. The closing date of Pattech Fitwell Tube IPO and Sotac Pharmaceuticals IPO is Apr 12, 2023, and Apr 03, 2023, respectively.

 Pattech Fitwell Tube IPOSotac Pharmaceuticals IPO
Anchor Bid DateMar 28, 2023
Issue OpenApr 05, 2023Mar 29, 2023
Issue CloseApr 12, 2023Apr 03, 2023
Basis Of Allotment (Tentative)Apr 18, 2023Apr 10, 2023
Initiation of Refunds (Tentative)Apr 19, 2023Apr 11, 2023
Credit of Share (Tentative)Apr 20, 2023Apr 12, 2023
Listing date (Tentative)Apr 21, 2023Apr 13, 2023
Anchor Lockin End date 1May 10, 2023
Anchor Lockin End date 2Jul 09, 2023

Financials & KPIs

Pattech Fitwell Tube IPO P/E ratio is 46.73, as compared to Sotac Pharmaceuticals IPO P/E ratio of 132.14.

 Pattech Fitwell Tube IPOSotac Pharmaceuticals IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 202221 Aug 202231 Mar 202231 Mar 202131 Mar 2020
Assets26.6125.7225.3013.8711.56
Total Income11.389.6922.6318.4520.39
Profit After Tax0.200.351.44-0.010.08
NET Worth5.295.705.633.211.90
Reserves and Surplus0.200.000.000.000.00
Total Borrowing17.4614.5616.649.768.68
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets64.6235.2534.7030.38
Total Income39.9573.3748.9528.83
Profit After Tax0.472.88-2.370.09
NET Worth7.976.622.493.06
Reserves and Surplus5.674.320.190.76
Total Borrowing21.8611.3510.360.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10084.63
Promoter Shareholding (Post-Issue)69.06
P/E Ratio46.73132.14
Market Cap₹38.79 Cr.₹122.66 Cr.
ROE25.6653.1
ROCE1168.34
Debt/Equity1.12
EPS₹3.58
RoNW43.47

Shares Offered

In the Pattech Fitwell Tube IPO Retail Individual Investors (RII) are offered 11,37,000 shares while in Sotac Pharmaceuticals IPO retail investors are offered 11,37,000 shares. Qualified Institutional Buyers (QIB) are offered in Pattech Fitwell Tube IPO and 5,70,000 shares in Sotac Pharmaceuticals IPO.

 Pattech Fitwell Tube IPOSotac Pharmaceuticals IPO
Anchor Investor Reservation8,53,200 shares
Market Maker Reservation1,26,000 shares1,50,000 shares
QIB5,70,000 shares
NII11,37,000 shares4,28,400 shares
RII11,37,000 shares9,98,400 shares
Employee
Others
Total22,74,000 shares28,50,000 shares

Bids Received (Subscription)

Pattech Fitwell Tube IPO subscribed 1.97x in total, whereas Sotac Pharmaceuticals IPO subscribed 1.60x.

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Pattech Fitwell Tube IPO Vs Sotac Pharmaceuticals IPO