Crop Life Science IPO vs Sungarner Energies IPO

Comparison between Crop Life Science IPO and Sungarner Energies IPO.

IPO Details

Crop Life Science IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE SME.

	Crop Life Science IPO	Sungarner Energies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd.	Fast Track Finsec Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Nikunj Stock Brokers Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Crop Life Science IPO is up to ₹25.38 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Sungarner Energies IPO is ₹83.00 per share.

	Crop Life Science IPO	Sungarner Energies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹52.00 per share	₹83.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	48,80,000 shares	5,82,400 shares
Fresh Issue Size (Amount)	up to ₹25.38 Cr	up to ₹4.83 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	48,80,000 shares	5,82,400 shares
Issue Size Total (Amount)	up to ₹25.38 Cr	up to ₹4.83 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Crop Life Science IPO and Sungarner Energies IPO is Aug 22, 2023, and Aug 23, 2023, respectively.

	Crop Life Science IPO	Sungarner Energies IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 21, 2023
Issue Close	Aug 22, 2023	Aug 23, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Aug 28, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Aug 29, 2023
Credit of Share (Tentative)	Aug 29, 2023	Aug 30, 2023
Listing date (Tentative)	Aug 30, 2023	Aug 31, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Crop Life Science IPO P/E ratio is 14.29, as compared to Sungarner Energies IPO P/E ratio of 13.07.

Crop Life Science IPO

Sungarner Energies IPO

Financials

Crop Life Science IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,645.16	8,630.18	9,457.75	10,471.64
Total Income	13,531.18	11,950.18	10,238.92	12,323.43
Profit After Tax	323.00	370.46	281.41	436.66
Net Worth	2,925.61	3,287.06	3,526.33	4,038.51
Reserves and Surplus	1,770.01	2,114.88	2,401.86	2,838.51
Total Borrowing	1,594.40	1,747.29	2,093.03	2,682.32

Amount in ₹ Lakhs

Sungarner Energies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	318.19	536.27	1,014.67
Total Income	536.43	797.66	1,765.33
Profit After Tax	15.72	57.50	74.31
Net Worth	98.73	156.23	320.54
Reserves and Surplus	52.23	109.73	152.66
Total Borrowing	103.78	226.62	424.11

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

84.94

Promoter Shareholding (Post-Issue)

70.01

61.49

P/E Ratio

14.29

13.07

Market Cap

₹19.25 Cr.

ROE

11.54%

31.17%

ROCE

18.63

25.28%

Debt/Equity

0.68

1.32

EPS

₹3.64

₹6.35

RoNW

10.81%

23.18%

Shares Offered

In the Crop Life Science IPO Retail Individual Investors (RII) are offered 24,40,000 shares while in Sungarner Energies IPO retail investors are offered 24,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Crop Life Science IPO and in Sungarner Energies IPO.

	Crop Life Science IPO	Sungarner Energies IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,60,000 shares	57,600 shares
QIB
NII	24,40,000 shares	2,91,200 shares
RII	24,40,000 shares	2,91,200 shares
Employee
Others
Total	48,80,000 shares	5,82,400 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.36x in total, whereas Sungarner Energies IPO subscribed 152.40x.

	Crop Life Science IPO	Sungarner Energies IPO
QIB (times)
NII (times)	1.56x	110.59x
Big NII (times)
Small NII (times)
RII (times)	7.15x	192.93x
Employee (times)
Other (times)
Total (times)	4.36x	152.40x

Compare with others

Crop Life Science IPO	Sungarner Energies IPO
Mono Pharmacare IPO	Pramara Promotions IPO
Sungarner Energies IPO	Saroja Pharma IPO
Sahaj Fashions IPO	Basilic Fly Studio IPO
Shoora Designs IPO	C P S Shapers IPO
Bondada Engineering IPO	Mono Pharmacare IPO
Shelter Pharma IPO	Sahaj Fashions IPO
Sangani Hospitals IPO	Shoora Designs IPO
Yudiz Solutions IPO	Bondada Engineering IPO
Zeal Global Services IPO	Crop Life Science IPO
Oriana Power IPO	Shelter Pharma IPO