SAR Televenture IPO vs Transteel Seating Technologies IPO

Comparison between SAR Televenture IPO and Transteel Seating Technologies IPO.

IPO Details

SAR Televenture IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

	SAR Televenture IPO	Transteel Seating Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt.Ltd.	Pantomath Capital Advisors Pvt.Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	R.K.Stock Holding Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of SAR Televenture IPO is up to ₹23.49 Cr whereas the issue size of the Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of SAR Televenture IPO is ₹55.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

	SAR Televenture IPO	Transteel Seating Technologies IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share	₹67.00 per share
Issue Price (Upper)	₹55.00 per share	₹70.00 per share
Issue Price (Final)	₹55.00 per share	₹70.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	42,70,000 shares	60,70,000 shares
Fresh Issue Size (Amount)	up to ₹23.49 Cr	up to ₹42.49 Cr
OFS Issue Size	0 shares	3,56,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹2.49 Cr
Issue Size Total	42,70,000 shares	64,26,000 shares
Issue Size Total (Amount)	up to ₹23.49 Cr	up to ₹44.98 Cr

IPO Timetable

SAR Televenture IPO opens on Nov 01, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of SAR Televenture IPO and Transteel Seating Technologies IPO is Nov 03, 2023, and Nov 01, 2023, respectively.

	SAR Televenture IPO	Transteel Seating Technologies IPO
Anchor Bid Date	Oct 31, 2023	Oct 27, 2023
Issue Open	Nov 01, 2023	Oct 30, 2023
Issue Close	Nov 03, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 05, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 05, 2023
Listing date (Tentative)	Nov 08, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 05, 2023
Anchor Lockin End date 2	Feb 04, 2024	Feb 03, 2024

Financials & KPIs

SAR Televenture IPO P/E ratio is 0.6, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

SAR Televenture IPO

Transteel Seating Technologies IPO

Financials

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited's revenue increased by 584.05% and profit after tax (PAT) rose by 10367.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,324.77	2,420.77	410.83	144.82
Total Income	1,735.35	3,251.63	475.35	90.71
Profit After Tax	192.38	388.36	3.71	-2.71
Net Worth	3,324.40	1,178.72	-7.74	-11.57
Reserves and Surplus	3,114.40	1,113.42	-11.91	-15.62
Total Borrowing	752.18	839.01	337.09	136.87
Amount in ₹ Lakhs

Transteel Seating Technologies Limited Financial Information (Restated)

Transteel Seating Technologies Limited's revenue increased by 112.4% and profit after tax (PAT) rose by 471.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	10,062.18	8,347.06	3,609.10	2,538.33
Total Income	3,133.39	5,961.43	2,806.74	2,287.74
Profit After Tax	417.64	909.36	159.08	-0.59
Net Worth	2,860.86	2,444.11	629.71	470.63
Reserves and Surplus	1,521.41	2,385.87	605.91	446.82
Total Borrowing	3,853.15	2,691.10	1,326.75	988.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.80

83.75

Promoter Shareholding (Post-Issue)

53.83

P/E Ratio

0.6

10.29

Market Cap

₹82.50 Cr.

₹141.25 Cr.

ROE

37.21%

ROCE

36.69%

Debt/Equity

0.65

EPS

₹91.08

₹6.80

RoNW

32.95%

37.21%

Shares Offered

In the SAR Televenture IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Transteel Seating Technologies IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 8,48,000 shares in SAR Televenture IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

	SAR Televenture IPO	Transteel Seating Technologies IPO
Anchor Investor Reserveration	12,72,000 shares	18,60,000 shares
Market Maker Reserveration	2,30,000 shares	7,14,000 shares
QIB	8,48,000 shares	13,50,000 shares
NII	6,50,000 shares	9,66,000 shares
RII	15,00,000 shares	22,50,000 shares
Employee
Others
Total	42,70,000 shares	64,26,000 shares

Bids Received (Subscription)

SAR Televenture IPO subscribed 288.09x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

	SAR Televenture IPO	Transteel Seating Technologies IPO
QIB (times)	77.00x	12.15x
NII (times)	715.77x	122.88x
Big NII (times)
Small NII (times)
RII (times)	222.10x	39.82x
Employee (times)
Other (times)
Total (times)	288.09x	49.21x

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