SVJ Enterprises IPO vs Systango Technologies IPO

Comparison between SVJ Enterprises IPO and Systango Technologies IPO.

IPO Details

SVJ Enterprises 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.

Issue Size and Price

The total issue size of SVJ Enterprises IPO is up to ₹5.81 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of SVJ Enterprises IPO is ₹36.00 per share and of Systango Technologies IPO is ₹90.00 per share.

 SVJ Enterprises IPOSystango Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share
Issue Price (Upper)₹90.00 per share
Issue Price (Final)₹36.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size16,14,000 shares36,72,000 shares
Fresh Issue Size (Amount)up to ₹5.81 Crup to ₹33.05 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,14,000 shares36,72,000 shares
Issue Size Total (Amount)up to ₹5.81 Crup to ₹33.05 Cr

IPO Timetable

SVJ Enterprises IPO opens on Feb 23, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of SVJ Enterprises IPO and Systango Technologies IPO is Feb 28, 2023, and Mar 06, 2023, respectively.

 SVJ Enterprises IPOSystango Technologies IPO
Anchor Bid DateMar 01, 2023
Issue OpenFeb 23, 2023Mar 02, 2023
Issue CloseFeb 28, 2023Mar 06, 2023
Basis Of Allotment (Tentative)Mar 03, 2023Mar 10, 2023
Initiation of Refunds (Tentative)Mar 06, 2023Mar 13, 2023
Credit of Share (Tentative)Mar 08, 2023Mar 14, 2023
Listing date (Tentative)Mar 09, 2023Mar 15, 2023
Anchor Lockin End date 1Apr 09, 2023
Anchor Lockin End date 2Jun 08, 2023

Financials & KPIs

SVJ Enterprises IPO P/E ratio is 12.9, as compared to Systango Technologies IPO P/E ratio of 15.13.

 SVJ Enterprises IPOSystango Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets6.706.794.983.76
Total Income1.045.031.520.84
Profit After Tax0.290.720.23-0.00
NET Worth3.343.052.332.10
Reserves and Surplus2.912.621.901.67
Total Borrowing0.000.000.000.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets27.3222.8915.387.44
Total Income23.0133.9223.8814.55
Profit After Tax5.726.775.682.52
NET Worth22.9717.2210.464.77
Reserves and Surplus20.2714.527.764.22
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.5497.73
Promoter Shareholding (Post-Issue)59.4271.96
P/E Ratio12.915.13
Market Cap₹20.06 Cr.₹132.02 Cr.
ROE23.4749.83
ROCE2.9747.62
Debt/Equity0.700.32
EPS₹2.38₹6.59
RoNW23.4739.89

Shares Offered

In the SVJ Enterprises IPO Retail Individual Investors (RII) are offered 8,07,000 shares while in Systango Technologies IPO retail investors are offered 8,07,000 shares. Qualified Institutional Buyers (QIB) are offered in SVJ Enterprises IPO and 7,34,400 shares in Systango Technologies IPO.

 SVJ Enterprises IPOSystango Technologies IPO
Anchor Investor Reservation10,99,200 shares
Market Maker Reservation87,000 shares1,96,800 shares
QIB7,34,400 shares
NII8,07,000 shares5,52,000 shares
RII8,07,000 shares12,86,400 shares
Employee
Others
Total16,14,000 shares36,72,000 shares

Bids Received (Subscription)

SVJ Enterprises IPO subscribed 1.49x in total, whereas Systango Technologies IPO subscribed 64.99x.

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SVJ Enterprises IPO Vs Systango Technologies IPO