Sattrix Information Security IPO vs TBI Corn IPO

Comparison between Sattrix Information Security IPO and TBI Corn IPO.

IPO Details

Sattrix Information Security IPO is a SME Bookbuilding IPO proposed to list at BSE SME while TBI Corn IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sattrix Information Security IPO is up to ₹20.67 Cr whereas the issue size of the TBI Corn IPO is up to ₹42.68 Cr. The final issue price of Sattrix Information Security IPO is ₹121.00 per share and of TBI Corn IPO is ₹94.00 per share.

 Sattrix Information Security IPOTBI Corn IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹90.00 per share
Issue Price (Upper)₹94.00 per share
Issue Price (Final)₹121.00 per share₹94.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size17,08,000 shares45,40,800 shares
Fresh Issue Size (Amount)up to ₹20.67 Crup to ₹42.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,08,000 shares45,40,800 shares
Issue Size Total (Amount)up to ₹20.67 Crup to ₹42.68 Cr

IPO Timetable

Sattrix Information Security IPO opens on Jun 05, 2024, while TBI Corn IPO opens on May 31, 2024. The closing date of Sattrix Information Security IPO and TBI Corn IPO is Jun 07, 2024, and Jun 04, 2024, respectively.

 Sattrix Information Security IPOTBI Corn IPO
Anchor Bid DateMay 30, 2024
Issue OpenJun 05, 2024May 31, 2024
Issue CloseJun 07, 2024Jun 04, 2024
Basis Of Allotment (Tentative)Jun 10, 2024Jun 05, 2024
Initiation of Refunds (Tentative)Jun 11, 2024Jun 06, 2024
Credit of Share (Tentative)Jun 11, 2024Jun 06, 2024
Listing date (Tentative)Jun 12, 2024Jun 07, 2024
Anchor Lockin End date 1Jul 05, 2024
Anchor Lockin End date 2Sep 03, 2024

Financials & KPIs

Sattrix Information Security IPO P/E ratio is 15.12, as compared to TBI Corn IPO P/E ratio of 18.33.

 Sattrix Information Security IPOTBI Corn IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets24.6225.6714.499.50
Total Income30.6237.7623.4921.20
Profit After Tax2.514.002.141.94
NET Worth14.4711.947.775.57
Reserves and Surplus9.4711.937.765.56
Total Borrowing3.851.952.360.45
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets95.12121.6243.1842.55
Total Income101.97140.43100.9767.76
Profit After Tax7.666.860.450.24
NET Worth40.6826.786.835.12
Reserves and Surplus27.3016.77
Total Borrowing51.3763.5325.4923.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0076.65
Promoter Shareholding (Post-Issue)57.71
P/E Ratio15.1218.33
Market Cap₹82.28 Cr.₹170.69 Cr.
ROE18.99%18.84%
ROCE20.93%18.65%
Debt/Equity0.270.43
EPS₹8.00₹5.13
RoNW17.33%18.84%

Shares Offered

In the Sattrix Information Security IPO Retail Individual Investors (RII) are offered 8,54,000 shares while in TBI Corn IPO retail investors are offered 8,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Sattrix Information Security IPO and 9,07,200 shares in TBI Corn IPO.

 Sattrix Information Security IPOTBI Corn IPO
Anchor Investor Reservation13,58,400 shares
Market Maker Reservation92,000 shares2,40,000 shares
QIB9,07,200 shares
NII8,54,000 shares6,82,800 shares
RII8,54,000 shares15,92,400 shares
Employee
Others
Total17,08,000 shares45,40,800 shares

Bids Received (Subscription)

Sattrix Information Security IPO subscribed 70.44x in total, whereas TBI Corn IPO subscribed 231.21x.

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Sattrix Information Security IPO Vs TBI Corn IPO