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Sahasra Electronic Solutions IPO vs Techera Engineering IPO

Comparison between Sahasra Electronic Solutions IPO and Techera Engineering IPO.

IPO Details

Sahasra Electronic Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Techera Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.

 Sahasra Electronic Solutions IPOTechera Engineering IPO
LogoSahasra Electronic Solutions IPO LogoTechera Engineering IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.SKI Capital Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.SKI Capital Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sahasra Electronic Solutions IPO is up to ₹176.83 Cr whereas the issue size of the Techera Engineering IPO is up to ₹34.10 Cr. The final issue price of Sahasra Electronic Solutions IPO is ₹283.00 per share and of Techera Engineering IPO is ₹82.00 per share.

 Sahasra Electronic Solutions IPOTechera Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹269.00 per share₹75.00 per share
Issue Price (Upper)₹283.00 per share₹82.00 per share
Issue Price (Final)₹283.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size400 shares1600 shares
Fresh Issue Size57,48,400 shares41,58,400 shares
Fresh Issue Size (Amount)up to ₹162.68 Crup to ₹34.10 Cr
OFS Issue Size5,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹14.15 Crup to ₹0.00 Cr
Issue Size Total62,48,400 shares41,58,400 shares
Issue Size Total (Amount)up to ₹176.83 Crup to ₹34.10 Cr

IPO Timetable

Sahasra Electronic Solutions IPO opens on Sep 26, 2024, while Techera Engineering IPO opens on Sep 25, 2024. The closing date of Sahasra Electronic Solutions IPO and Techera Engineering IPO is Sep 30, 2024, and Sep 27, 2024, respectively.

 Sahasra Electronic Solutions IPOTechera Engineering IPO
Anchor Bid DateSep 25, 2024Sep 24, 2024
Issue OpenSep 26, 2024Sep 25, 2024
Issue CloseSep 30, 2024Sep 27, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Sep 30, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Oct 01, 2024
Credit of Share (Tentative)Oct 03, 2024Oct 01, 2024
Listing date (Tentative)Oct 04, 2024Oct 03, 2024
Anchor Lockin End date 1Oct 31, 2024Oct 30, 2024
Anchor Lockin End date 2Dec 30, 2024Dec 29, 2024

Financials & KPIs

Sahasra Electronic Solutions IPO P/E ratio is 16.41, as compared to Techera Engineering IPO P/E ratio of 20.65.

 Sahasra Electronic Solutions IPOTechera Engineering IPO
Financials

Sahasra Electronics Solutions Limited Financial Information (Restated)

Sahasra Electronics Solutions Limited's revenue increased by 866% and profit after tax (PAT) rose by 1315% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets10,804.364,820.23
Total Income10,278.791,063.91
Profit After Tax3,262.77230.55
Net Worth6,031.692,027.5
Reserves and Surplus4,140.21230.55
Total Borrowing2,171.89689.84
Amount in ₹ Lakhs

TechEra Engineering LImited Financial Information (Restated)

TechEra Engineering LImited's revenue increased by 47% and profit after tax (PAT) rose by 270% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets37.2439.2121.36
Total Income39.0826.597.37
Profit After Tax4.821.31-6.29
Net Worth15.911.089.78
Reserves and Surplus3.76-2.72-4.02
Total Borrowing14.313.778.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.0057.48
Promoter Shareholding (Post-Issue)69.90
P/E Ratio16.4120.65
Market Cap₹707.30 Cr.₹135.47 Cr.
ROE54.09%30.33%
ROCE42.50%23..47%
Debt/Equity0.360.90
EPS₹17.25₹3.97
RoNW54.09%30.33%

Shares Offered

In the Sahasra Electronic Solutions IPO Retail Individual Investors (RII) are offered 21,87,200 shares while in Techera Engineering IPO retail investors are offered 21,87,200 shares. Qualified Institutional Buyers (QIB) are offered 12,49,600 shares in Sahasra Electronic Solutions IPO and 8,32,000 shares in Techera Engineering IPO.

 Sahasra Electronic Solutions IPOTechera Engineering IPO
Anchor Investor Reserveration18,74,000 shares12,46,400 shares
Market Maker Reserveration3,29,600 shares2,19,200 shares
QIB12,49,600 shares8,32,000 shares
NII9,37,600 shares6,24,000 shares
RII21,87,200 shares14,56,000 shares
Employee
Others
Total62,48,400 shares41,58,400 shares

Bids Received (Subscription)

Sahasra Electronic Solutions IPO subscribed 122.06x in total, whereas Techera Engineering IPO subscribed 69.80x.

 Sahasra Electronic Solutions IPOTechera Engineering IPO
QIB (times)100.80x31.22x
NII (times)260.46x128.88x
Big NII (times)
Small NII (times)
RII (times)74.85x66.52x
Employee (times)
Other (times)
Total (times)122.06x69.80x