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Sunita Tools IPO vs Techknowgreen Solutions IPO

Comparison between Sunita Tools IPO and Techknowgreen Solutions IPO.

IPO Details

Sunita Tools IPO is a SME Fixed Price IPO proposed to list at BSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

 Sunita Tools IPOTechknowgreen Solutions IPO
LogoSunita Tools IPO LogoTechknowgreen Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Indorient Financial Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sunita Tools IPO is up to ₹20.91 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Sunita Tools IPO is ₹145.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.

 Sunita Tools IPOTechknowgreen Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹145.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size12,42,000 shares18,46,400 shares
Fresh Issue Size (Amount)up to ₹18.01 Crup to ₹15.88 Cr
OFS Issue Size2,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.90 Crup to ₹0.00 Cr
Issue Size Total14,42,000 shares18,46,400 shares
Issue Size Total (Amount)up to ₹20.91 Crup to ₹15.88 Cr

IPO Timetable

Sunita Tools IPO opens on Sep 26, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Sunita Tools IPO and Techknowgreen Solutions IPO is Oct 03, 2023, and Sep 21, 2023, respectively.

 Sunita Tools IPOTechknowgreen Solutions IPO
Anchor Bid Date
Issue OpenSep 26, 2023Sep 18, 2023
Issue CloseOct 03, 2023Sep 21, 2023
Basis Of Allotment (Tentative)Oct 04, 2023Sep 26, 2023
Initiation of Refunds (Tentative)Oct 05, 2023Sep 27, 2023
Credit of Share (Tentative)Oct 06, 2023Sep 28, 2023
Listing date (Tentative)Oct 11, 2023Sep 27, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Sunita Tools IPO P/E ratio is 16.88, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.

 Sunita Tools IPOTechknowgreen Solutions IPO
Financials
Sunita Tools IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,351.821,422.662,537.71
Total Income691.50888.881,417.33
Profit After Tax26.6680.99337.71
Net Worth-348.02-267.02320.69
Reserves and Surplus-528.52-447.52-109.81
Total Borrowing1,334.631,249.161,659.96
Amount in ₹ Lakhs
Techknowgreen Solutions IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,181.75953.941,237.25
Total Income785.27999.091,486.28
Profit After Tax37.17108.18451.38
Net Worth296.43355.86633.63
Reserves and Surplus-213.20-153.76124.00
Total Borrowing450.71285.86287.40
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0089.02
Promoter Shareholding (Post-Issue)72.9765.58
P/E Ratio16.889.71
Market Cap₹81.56 Cr.₹63.49 Cr.
ROE12.5988.57%
ROCE0.3898.74%
Debt/Equity5.170.45
EPS₹13.96₹8.86
RoNW105.31%71.24%

Shares Offered

In the Sunita Tools IPO Retail Individual Investors (RII) are offered 7,21,000 shares while in Techknowgreen Solutions IPO retail investors are offered 7,21,000 shares. Qualified Institutional Buyers (QIB) are offered in Sunita Tools IPO and in Techknowgreen Solutions IPO.

 Sunita Tools IPOTechknowgreen Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration78,000 shares97,600 shares
QIB
NII7,21,000 shares9,23,200 shares
RII7,21,000 shares9,23,200 shares
Employee
Others
Total14,42,000 shares18,46,400 shares

Bids Received (Subscription)

Sunita Tools IPO subscribed 13.24x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.

 Sunita Tools IPOTechknowgreen Solutions IPO
QIB (times)
NII (times)5.27x9.08x
Big NII (times)
Small NII (times)
RII (times)21.10x15.82x
Employee (times)
Other (times)
Total (times)13.24x12.98x