Comparison between Sahaj Solar IPO and Three M Paper Boards IPO.
Sahaj Solar IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Three M Paper Boards IPO is a SME Bookbuilding proposed to list at BSE SME.
| Sahaj Solar IPO | Three M Paper Boards IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Kunvarji Finstock Pvt.Ltd. | Comfort Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Comfort Securities 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 Sahaj Solar IPO is up to ₹49.89 Cr whereas the issue size of the Three M Paper Boards IPO is up to ₹37.83 Cr. The final issue price of Sahaj Solar IPO is ₹180.00 per share and of Three M Paper Boards IPO is ₹69.00 per share.
| Sahaj Solar IPO | Three M Paper Boards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹171.00 per share | ₹67.00 per share |
| Issue Price (Upper) | ₹180.00 per share | ₹69.00 per share |
| Issue Price (Final) | ₹180.00 per share | ₹69.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 27,73,600 shares | 54,82,000 shares |
| Fresh Issue Size (Amount) | up to ₹49.89 Cr | up to ₹37.83 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,73,600 shares | 54,82,000 shares |
| Issue Size Total (Amount) | up to ₹49.89 Cr | up to ₹37.83 Cr |
Sahaj Solar IPO opens on Jul 11, 2024, while Three M Paper Boards IPO opens on Jul 12, 2024. The closing date of Sahaj Solar IPO and Three M Paper Boards IPO is Jul 15, 2024, and Jul 16, 2024, respectively.
| Sahaj Solar IPO | Three M Paper Boards IPO | |
|---|---|---|
| Anchor Bid Date | Jul 10, 2024 | Jul 11, 2024 |
| Issue Open | Jul 11, 2024 | Jul 12, 2024 |
| Issue Close | Jul 15, 2024 | Jul 16, 2024 |
| Basis Of Allotment (Tentative) | Jul 16, 2024 | Jul 18, 2024 |
| Initiation of Refunds (Tentative) | Jul 18, 2024 | Jul 19, 2024 |
| Credit of Share (Tentative) | Jul 18, 2024 | Jul 19, 2024 |
| Listing date (Tentative) | Jul 19, 2024 | Jul 22, 2024 |
| Anchor Lockin End date 1 | Aug 15, 2024 | Aug 17, 2024 |
| Anchor Lockin End date 2 | Oct 14, 2024 | Oct 16, 2024 |
Sahaj Solar IPO P/E ratio is 10.86, as compared to Three M Paper Boards IPO P/E ratio of 8.19.
| Sahaj Solar IPO | Three M Paper Boards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.08 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.28 | 70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.86 | 8.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.75 Cr. | ₹132.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.96% | 18.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.47% | 19.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.58 | ₹8.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.96% | 18.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sahaj Solar IPO Retail Individual Investors (RII) are offered 9,62,400 shares while in Three M Paper Boards IPO retail investors are offered 9,62,400 shares. Qualified Institutional Buyers (QIB) are offered 5,50,400 shares in Sahaj Solar IPO and 10,96,000 shares in Three M Paper Boards IPO.
| Sahaj Solar IPO | Three M Paper Boards IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,24,000 shares | 16,42,000 shares |
| Market Maker Reservation | 1,46,400 shares | 2,90,000 shares |
| QIB | 5,50,400 shares | 10,96,000 shares |
| NII | 4,12,800 shares | 8,24,000 shares |
| RII | 9,62,400 shares | 19,20,000 shares |
| Employee | 24,000 shares | |
| Others | ||
| Total | 27,73,600 shares | 54,82,000 shares |
Sahaj Solar IPO subscribed 507.21x in total, whereas Three M Paper Boards IPO subscribed 171.33x.
| Sahaj Solar IPO | Three M Paper Boards IPO | |
|---|---|---|
| QIB (times) | 214.27x | 79.37x |
| NII (times) | 862.35x | 284.67x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 535.03x | 175.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 507.21x | 171.33x |
