Comparison between Sahaj Fashions IPO and Sungarner Energies IPO.
Sahaj Fashions 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.
| Sahaj Fashions 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 | Khambatta Securities Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sahaj Fashions IPO is up to ₹13.25 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Sungarner Energies IPO is ₹83.00 per share.
| Sahaj Fashions IPO | Sungarner Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 42,40,000 shares | 5,82,400 shares |
| Fresh Issue Size (Amount) | up to ₹12.72 Cr | up to ₹4.83 Cr |
| OFS Issue Size | 1,76,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,16,000 shares | 5,82,400 shares |
| Issue Size Total (Amount) | up to ₹13.25 Cr | up to ₹4.83 Cr |
Sahaj Fashions IPO opens on Aug 25, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Sahaj Fashions IPO and Sungarner Energies IPO is Aug 29, 2023, and Aug 23, 2023, respectively.
| Sahaj Fashions IPO | Sungarner Energies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 25, 2023 | Aug 21, 2023 |
| Issue Close | Aug 29, 2023 | Aug 23, 2023 |
| Basis Of Allotment (Tentative) | Sep 01, 2023 | Aug 28, 2023 |
| Initiation of Refunds (Tentative) | Sep 04, 2023 | Aug 29, 2023 |
| Credit of Share (Tentative) | Sep 05, 2023 | Aug 30, 2023 |
| Listing date (Tentative) | Sep 06, 2023 | Aug 31, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sahaj Fashions IPO P/E ratio is , as compared to Sungarner Energies IPO P/E ratio of 13.07.
| Sahaj Fashions IPO | Sungarner Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.95 | 84.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.50 Cr. | ₹19.25 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.28% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.18% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Sungarner Energies IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sahaj Fashions IPO and in Sungarner Energies IPO.
| Sahaj Fashions IPO | Sungarner Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,36,000 shares | 57,600 shares |
| QIB | ||
| NII | 22,08,000 shares | 2,91,200 shares |
| RII | 22,08,000 shares | 2,91,200 shares |
| Employee | ||
| Others | ||
| Total | 44,16,000 shares | 5,82,400 shares |
Sahaj Fashions IPO subscribed 7.75x in total, whereas Sungarner Energies IPO subscribed 152.40x.
| Sahaj Fashions IPO | Sungarner Energies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.78x | 110.59x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.72x | 192.93x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.75x | 152.40x |
