Pramara Promotions IPO vs Sungarner Energies IPO

Comparison between Pramara Promotions IPO and Sungarner Energies IPO.

IPO Details

Pramara Promotions 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.

	Pramara Promotions 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	Fedex Securities Pvt.Ltd.	Fast Track Finsec Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Pure Broking Pvt.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 Pramara Promotions IPO is up to ₹14.49 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Pramara Promotions IPO is ₹63.00 per share and of Sungarner Energies IPO is ₹83.00 per share.

	Pramara Promotions IPO	Sungarner Energies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹63.00 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	23,00,000 shares	5,82,400 shares
Fresh Issue Size (Amount)	up to ₹14.49 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	23,00,000 shares	5,82,400 shares
Issue Size Total (Amount)	up to ₹14.49 Cr	up to ₹4.83 Cr

IPO Timetable

Pramara Promotions IPO opens on Sep 01, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Pramara Promotions IPO and Sungarner Energies IPO is Sep 05, 2023, and Aug 23, 2023, respectively.

	Pramara Promotions IPO	Sungarner Energies IPO
Anchor Bid Date
Issue Open	Sep 01, 2023	Aug 21, 2023
Issue Close	Sep 05, 2023	Aug 23, 2023
Basis Of Allotment (Tentative)	Sep 08, 2023	Aug 28, 2023
Initiation of Refunds (Tentative)	Sep 11, 2023	Aug 29, 2023
Credit of Share (Tentative)	Sep 12, 2023	Aug 30, 2023
Listing date (Tentative)	Sep 13, 2023	Aug 31, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Pramara Promotions IPO P/E ratio is , as compared to Sungarner Energies IPO P/E ratio of 13.07.

Pramara Promotions IPO

Sungarner Energies IPO

Financials

Pramara Promotions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	4,922.67	6,194.55	6,139.22
Total Income	4,096.01	4,942.70	5,119.11
Profit After Tax	33.18	134.57	222.59
Net Worth	1,235.43	1,373.96	1,596.50
Reserves and Surplus	1,115.23	1,253.76	944.19
Total Borrowing	3,033.12	3,134.34	3,330.78

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)

95.41

84.94

Promoter Shareholding (Post-Issue)

69.81

61.49

P/E Ratio

13.07

Market Cap

₹56.92 Cr.

₹19.25 Cr.

ROE

13.87%

31.17%

ROCE

15.20%

25.28%

Debt/Equity

2.07

1.32

EPS

₹3.37

₹6.35

RoNW

13.87

23.18%

Shares Offered

In the Pramara Promotions IPO Retail Individual Investors (RII) are offered 11,50,000 shares while in Sungarner Energies IPO retail investors are offered 11,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Pramara Promotions IPO and in Sungarner Energies IPO.

	Pramara Promotions IPO	Sungarner Energies IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,24,000 shares	57,600 shares
QIB
NII	11,50,000 shares	2,91,200 shares
RII	11,50,000 shares	2,91,200 shares
Employee
Others
Total	23,00,000 shares	5,82,400 shares

Bids Received (Subscription)

Pramara Promotions IPO subscribed 25.71x in total, whereas Sungarner Energies IPO subscribed 152.40x.

	Pramara Promotions IPO	Sungarner Energies IPO
QIB (times)
NII (times)	33.99x	110.59x
Big NII (times)
Small NII (times)
RII (times)	17.14x	192.93x
Employee (times)
Other (times)
Total (times)	25.71x	152.40x

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Meson Valves IPO	Pramara Promotions IPO
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C P S Shapers IPO	Bondada Engineering IPO
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Sungarner Energies IPO	Shelter Pharma IPO