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Sai Swami Metals IPO vs TGIF Agribusiness IPO

Comparison between Sai Swami Metals IPO and TGIF Agribusiness IPO.

IPO Details

Sai Swami Metals IPO is a SME Fixed Price IPO proposed to list at BSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.

 Sai Swami Metals IPOTGIF Agribusiness IPO
LogoSai Swami Metals IPO LogoTGIF Agribusiness IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sai Swami Metals IPO is up to ₹14.23 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Sai Swami Metals IPO is ₹60.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.

 Sai Swami Metals IPOTGIF Agribusiness IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹93.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size23,72,000 shares6,52,800 shares
Fresh Issue Size (Amount)up to ₹14.23 Crup to ₹6.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,72,000 shares6,52,800 shares
Issue Size Total (Amount)up to ₹14.23 Crup to ₹6.07 Cr

IPO Timetable

Sai Swami Metals IPO opens on Apr 30, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Sai Swami Metals IPO and TGIF Agribusiness IPO is May 03, 2024, and May 10, 2024, respectively.

 Sai Swami Metals IPOTGIF Agribusiness IPO
Issue OpenApr 30, 2024May 08, 2024
Issue CloseMay 03, 2024May 10, 2024
Basis Of Allotment (Tentative)May 06, 2024May 13, 2024
Initiation of Refunds (Tentative)May 07, 2024May 14, 2024
Credit of Share (Tentative)May 07, 2024May 14, 2024
Listing date (Tentative)May 08, 2024May 15, 2024

Financials & KPIs

Sai Swami Metals IPO P/E ratio is 11.34, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.

 Sai Swami Metals IPOTGIF Agribusiness IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets26.1725.83
Total Income33.346.27
Profit After Tax1.800.04
NET Worth6.640.35
Reserves and Surplus2.530.34
Total Borrowing7.436.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets2.821.880.652.92
Total Income1.722.322.071.82
Profit After Tax0.811.301.150.38
NET Worth1.901.760.462.58
Total Borrowing0.67
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.88%99.8%
Promoter Shareholding (Post-Issue)62.15%73.28%
P/E Ratio11.3413.58
Market Cap₹39.71 Cr.₹24.06 Cr.
EPS₹5.29₹6.85
RoNW27.0242.85

Shares Offered

In the Sai Swami Metals IPO Retail Individual Investors (RII) are offered 11,86,000 shares while in TGIF Agribusiness IPO retail investors are offered 11,86,000 shares. Qualified Institutional Buyers (QIB) are offered in Sai Swami Metals IPO and in TGIF Agribusiness IPO.

 Sai Swami Metals IPOTGIF Agribusiness IPO
Market Maker Reservation1,28,000 shares34,800 shares
NII11,86,000 shares3,26,400 shares
RII11,86,000 shares3,26,400 shares
Total23,72,000 shares6,52,800 shares

Bids Received (Subscription)

Sai Swami Metals IPO subscribed 531.42x in total, whereas TGIF Agribusiness IPO subscribed 34.13x.

 Sai Swami Metals IPOTGIF Agribusiness IPO
NII (times)533.83x35.35x
RII (times)529.01x32.92x
Total (times)531.42x34.13x

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Compare:

Sai Swami Metals IPO Vs TGIF Agribusiness IPO