Comparison between Sai Life Sciences IPO and Transrail Lighting IPO.
Sai Life Sciences IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Transrail Lighting IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Sai Life Sciences IPO is up to ₹3,042.62 Cr whereas the issue size of the Transrail Lighting IPO is up to ₹838.91 Cr. The final issue price of Sai Life Sciences IPO is ₹549.00 per share and of Transrail Lighting IPO is ₹432.00 per share.
| Sai Life Sciences IPO | Transrail Lighting IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹2 per share |
| Issue Price (Lower) | ₹522.00 per share | ₹410.00 per share |
| Issue Price (Upper) | ₹549.00 per share | ₹432.00 per share |
| Issue Price (Final) | ₹549.00 per share | ₹432.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 27 shares | 34 shares |
| Fresh Issue Size | 1,73,04,189 shares | 92,59,258 shares |
| Fresh Issue Size (Amount) | up to ₹950.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 3,81,16,934 shares | 1,01,60,000 shares |
| OFS Issue Size (Amount) | up to ₹2,092.62 Cr | up to ₹438.91 Cr |
| Issue Size Total | 5,54,21,123 shares | 1,94,19,258 shares |
| Issue Size Total (Amount) | up to ₹3,042.62 Cr | up to ₹838.91 Cr |
Sai Life Sciences IPO opens on Dec 11, 2024, while Transrail Lighting IPO opens on Dec 19, 2024. The closing date of Sai Life Sciences IPO and Transrail Lighting IPO is Dec 13, 2024, and Dec 23, 2024, respectively.
| Sai Life Sciences IPO | Transrail Lighting IPO | |
|---|---|---|
| Anchor Bid Date | Dec 10, 2024 | Dec 18, 2024 |
| Issue Open | Dec 11, 2024 | Dec 19, 2024 |
| Issue Close | Dec 13, 2024 | Dec 23, 2024 |
| Basis Of Allotment (Tentative) | Dec 16, 2024 | Dec 24, 2024 |
| Initiation of Refunds (Tentative) | Dec 17, 2024 | Dec 26, 2024 |
| Credit of Share (Tentative) | Dec 17, 2024 | Dec 26, 2024 |
| Listing date (Tentative) | Dec 18, 2024 | Dec 27, 2024 |
| Anchor Lockin End date 1 | Jan 14, 2025 | Jan 23, 2025 |
| Anchor Lockin End date 2 | Mar 15, 2025 | Mar 24, 2025 |
Sai Life Sciences IPO P/E ratio is 126.42, as compared to Transrail Lighting IPO P/E ratio of 23.15.
| Sai Life Sciences IPO | Transrail Lighting IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 41.82 | 84.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.24 | 71.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 126.42 | 23.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹11418.63 Cr. | ₹5799.86 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.79% | 24.41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.96% | 24.33% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.34 | ₹18.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.13% | 21.68% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sai Life Sciences IPO Retail Individual Investors (RII) are offered 1,93,97,394 shares while in Transrail Lighting IPO retail investors are offered 1,93,97,394 shares. Qualified Institutional Buyers (QIB) are offered 1,10,84,224 shares in Sai Life Sciences IPO and 37,95,889 shares in Transrail Lighting IPO.
| Sai Life Sciences IPO | Transrail Lighting IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,66,26,336 shares | 56,93,832 shares |
| Market Maker Reservation | ||
| QIB | 1,10,84,224 shares | 37,95,889 shares |
| NII | 83,13,169 shares | 28,46,917 shares |
| RII | 1,93,97,394 shares | 66,42,806 shares |
| Employee | 4,39,814 shares | |
| Others | ||
| Total | 5,54,21,123 shares | 1,94,19,258 shares |
Sai Life Sciences IPO subscribed 10.27x in total, whereas Transrail Lighting IPO subscribed 81.98x.
| Sai Life Sciences IPO | Transrail Lighting IPO | |
|---|---|---|
| QIB (times) | 29.78x | 197.41x |
| NII (times) | 4.99x | 78.31x |
| Big NII (times) | 6.10x | 79.80x |
| Small NII (times) | 2.78x | 75.34x |
| RII (times) | 1.39x | 22.62x |
| Employee (times) | 4.39x | |
| Other (times) | ||
| Total (times) | 10.27x | 81.98x |