Comparison between Sealmatic India IPO and Systango Technologies IPO.
Sealmatic India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Sealmatic India IPO | Systango Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | ISK Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sealmatic India IPO is up to ₹53.41 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of Sealmatic India IPO is ₹225.00 per share and of Systango Technologies IPO is ₹90.00 per share.
| Sealmatic India IPO | Systango Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹220.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹225.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹225.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1600 shares |
| Fresh Issue Size | 17,24,000 shares | 36,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹38.79 Cr | up to ₹33.05 Cr |
| OFS Issue Size | 6,49,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹14.62 Cr | up to ₹0.00 Cr |
| Issue Size Total | 23,73,600 shares | 36,72,000 shares |
| Issue Size Total (Amount) | up to ₹53.41 Cr | up to ₹33.05 Cr |
Sealmatic India IPO opens on Feb 17, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of Sealmatic India IPO and Systango Technologies IPO is Feb 21, 2023, and Mar 06, 2023, respectively.
| Sealmatic India IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Feb 16, 2023 | Mar 01, 2023 |
| Issue Open | Feb 17, 2023 | Mar 02, 2023 |
| Issue Close | Feb 21, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Feb 24, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Feb 27, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Feb 28, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 01, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | Mar 26, 2023 | Apr 09, 2023 |
| Anchor Lockin End date 2 | May 25, 2023 | Jun 08, 2023 |
Sealmatic India IPO P/E ratio is 18.75, as compared to Systango Technologies IPO P/E ratio of 15.13.
| Sealmatic India IPO | Systango Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 97.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.38 | 71.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.75 | 15.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹203.63 Cr. | ₹132.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28 | 49.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37 | 47.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.03 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.69 | ₹6.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.9 | 39.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sealmatic India IPO Retail Individual Investors (RII) are offered 9,97,200 shares while in Systango Technologies IPO retail investors are offered 9,97,200 shares. Qualified Institutional Buyers (QIB) are offered 3,79,800 shares in Sealmatic India IPO and 7,34,400 shares in Systango Technologies IPO.
| Sealmatic India IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,69,400 shares | 10,99,200 shares |
| Market Maker Reservation | 1,26,000 shares | 1,96,800 shares |
| QIB | 3,79,800 shares | 7,34,400 shares |
| NII | 4,27,200 shares | 5,52,000 shares |
| RII | 9,97,200 shares | 12,86,400 shares |
| Employee | ||
| Others | ||
| Total | 23,73,600 shares | 36,72,000 shares |
Sealmatic India IPO subscribed 13.50x in total, whereas Systango Technologies IPO subscribed 64.99x.
| Sealmatic India IPO | Systango Technologies IPO | |
|---|---|---|
| QIB (times) | 8.71x | 14.10x |
| NII (times) | 39.14x | 230.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.06x | 66.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 13.50x | 64.99x |
