Sanathan Textiles IPO vs Standard Glass Lining IPO

Comparison between Sanathan Textiles IPO and Standard Glass Lining IPO.

IPO Details

Sanathan Textiles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Standard Glass Lining IPO is a Mainboard Bookbuilding proposed to list at NSE, BSE.

Issue Size and Price

The total issue size of Sanathan Textiles IPO is up to ₹550.00 Cr whereas the issue size of the Standard Glass Lining IPO is up to ₹410.05 Cr. The final issue price of Sanathan Textiles IPO is ₹321.00 per share and of Standard Glass Lining IPO is ₹140.00 per share.

 Sanathan Textiles IPOStandard Glass Lining IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹305.00 per share₹133.00 per share
Issue Price (Upper)₹321.00 per share₹140.00 per share
Issue Price (Final)₹321.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size46 shares107 shares
Fresh Issue Size1,24,61,059 shares1,50,00,000 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹210.00 Cr
OFS Issue Size46,72,897 shares1,42,89,367 shares
OFS Issue Size (Amount)up to ₹150.00 Crup to ₹200.05 Cr
Issue Size Total1,71,33,956 shares2,92,89,367 shares
Issue Size Total (Amount)up to ₹550.00 Crup to ₹410.05 Cr

IPO Timetable

Sanathan Textiles IPO opens on Dec 19, 2024, while Standard Glass Lining IPO opens on Jan 06, 2025. The closing date of Sanathan Textiles IPO and Standard Glass Lining IPO is Dec 23, 2024, and Jan 08, 2025, respectively.

 Sanathan Textiles IPOStandard Glass Lining IPO
Anchor Bid DateDec 18, 2024Jan 03, 2025
Issue OpenDec 19, 2024Jan 06, 2025
Issue CloseDec 23, 2024Jan 08, 2025
Basis Of Allotment (Tentative)Dec 24, 2024Jan 09, 2025
Initiation of Refunds (Tentative)Dec 26, 2024Jan 10, 2025
Credit of Share (Tentative)Dec 26, 2024Jan 10, 2025
Listing date (Tentative)Dec 27, 2024Jan 13, 2025
Anchor Lockin End date 1Jan 23, 2025Feb 07, 2025
Anchor Lockin End date 2Mar 24, 2025Apr 08, 2025

Financials & KPIs

Sanathan Textiles IPO P/E ratio is 17.25, as compared to Standard Glass Lining IPO P/E ratio of 43.04.

 Sanathan Textiles IPOStandard Glass Lining IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,529.532,203.681,906.671,796.47
Total Income787.762,979.803,345.023,201.46
Profit After Tax50.07133.85152.74355.44
NET Worth1,324.061,273.981,140.13987.39
Total Borrowing644.93379.88281.00378.19
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets756.52665.38347.79298.11
Total Income312.10549.68500.08241.50
Profit After Tax36.2760.0153.4225.15
NET Worth447.80409.92156.6769.91
Reserves and Surplus261.58389.18139.9453.66
Total Borrowing173.80129.3281.9669.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.6172.49
Promoter Shareholding (Post-Issue)78.5267.04
P/E Ratio17.2543.04
Market Cap₹2709.37 Cr.₹2792.88 Cr.
ROE11.09%20.74%
ROCE11.80%25.49%
Debt/Equity0.170.32
EPS₹18.60₹3.25
RoNW10.42%20.74%

Shares Offered

In the Sanathan Textiles IPO Retail Individual Investors (RII) are offered 59,96,885 shares while in Standard Glass Lining IPO retail investors are offered 59,96,885 shares. Qualified Institutional Buyers (QIB) are offered 34,26,791 shares in Sanathan Textiles IPO and 58,57,875 shares in Standard Glass Lining IPO.

 Sanathan Textiles IPOStandard Glass Lining IPO
Anchor Investor Reservation51,40,186 shares87,86,009 shares
Market Maker Reservation
QIB34,26,791 shares58,57,875 shares
NII25,70,094 shares43,93,406 shares
RII59,96,885 shares1,02,51,279 shares
Employee
Others
Total1,71,33,956 shares2,92,88,569 shares

Bids Received (Subscription)

Sanathan Textiles IPO subscribed 36.90x in total, whereas Standard Glass Lining IPO subscribed 185.48x.

 Sanathan Textiles IPOStandard Glass Lining IPO
QIB (times)79.59x327.76x
NII (times)44.39x275.21x
Big NII (times)48.47x302.21x
Small NII (times)36.22x221.21x
RII (times)9.31x65.71x
Employee (times)
Other (times)
Total (times)36.90x185.48x

Compare with others

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Sanathan Textiles IPO Vs Standard Glass Lining IPO