S A Tech Software IPO vs Trom Industries IPO

Comparison between S A Tech Software IPO and Trom Industries IPO.

IPO Details

S A Tech Software IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

	S A Tech Software IPO	Trom Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	Expert Global Consultants Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Giriraj Stock Broking Pvt.Ltd.	Sunflower 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 S A Tech Software IPO is up to ₹21.33 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of S A Tech Software IPO is ₹59.00 per share and of Trom Industries IPO is ₹115.00 per share.

	S A Tech Software IPO	Trom Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹100.00 per share
Issue Price (Upper)	₹59.00 per share	₹115.00 per share
Issue Price (Final)	₹59.00 per share	₹115.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	36,16,000 shares	25,90,800 shares
Fresh Issue Size (Amount)	up to ₹21.33 Cr	up to ₹29.79 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	36,16,000 shares	25,90,800 shares
Issue Size Total (Amount)	up to ₹21.33 Cr	up to ₹29.79 Cr

IPO Timetable

S A Tech Software IPO opens on Jul 26, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of S A Tech Software IPO and Trom Industries IPO is Jul 30, 2024, and Jul 29, 2024, respectively.

	S A Tech Software IPO	Trom Industries IPO
Anchor Bid Date	Jul 25, 2024	Jul 24, 2024
Issue Open	Jul 26, 2024	Jul 25, 2024
Issue Close	Jul 30, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Jul 31, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Aug 01, 2024	Jul 31, 2024
Credit of Share (Tentative)	Aug 01, 2024	Jul 31, 2024
Listing date (Tentative)	Aug 02, 2024	Aug 01, 2024
Anchor Lockin End date 1	Aug 30, 2024	Aug 29, 2024
Anchor Lockin End date 2	Oct 29, 2024	Oct 28, 2024

Financials & KPIs

S A Tech Software IPO P/E ratio is 14.65, as compared to Trom Industries IPO P/E ratio of 12.98.

S A Tech Software IPO

Trom Industries IPO

Financials

S A Tech Software India Limited Financial Information (Restated)

S A Tech Software India Limited's revenue increased by 27.59% and profit after tax (PAT) rose by 266.7% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,703.23	3,706.06	3,465.95	3,229.19
Total Income	2,397.18	7,238.12	5,673.05	4,154.37
Profit After Tax	248.07	368.86	100.59	-548.25
Net Worth	1,414.43	1,166.35	772.48	663.89
Reserves and Surplus	498.70	250.62	729.50	620.91
Total Borrowing	2,105.22	1,288.12	1,459.18	1,959.34
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,919.93	2,155.35	1,854.32
Total Income	5,454.68	2,413.80	3,056.55
Profit After Tax	572.93	28.86	35.98
Net Worth	1,222.57	249.92	221.12
Reserves and Surplus	575.84	248.92	220.12
Total Borrowing	573.71	492.82	85.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

79.27

98.84

Promoter Shareholding (Post-Issue)

69.52

P/E Ratio

14.65

12.98

Market Cap

₹77.04 Cr.

₹105.74 Cr.

ROE

77.82%

ROCE

10.95%

47.11%

Debt/Equity

1.49

0.47

EPS

₹4.03

₹8.86

RoNW

17.54%

77.82%

Shares Offered

In the S A Tech Software IPO Retail Individual Investors (RII) are offered 12,66,000 shares while in Trom Industries IPO retail investors are offered 12,66,000 shares. Qualified Institutional Buyers (QIB) are offered 7,24,000 shares in S A Tech Software IPO and 5,18,400 shares in Trom Industries IPO.

	S A Tech Software IPO	Trom Industries IPO
Anchor Investor Reserveration	10,82,000 shares	7,76,400 shares
Market Maker Reserveration	2,84,000 shares	1,36,800 shares
QIB	7,24,000 shares	5,18,400 shares
NII	5,44,000 shares	3,88,800 shares
RII	12,66,000 shares	9,07,200 shares
Employee
Others
Total	36,16,000 shares	25,90,800 shares

Bids Received (Subscription)

S A Tech Software IPO subscribed 621.25x in total, whereas Trom Industries IPO subscribed 459.00x.

	S A Tech Software IPO	Trom Industries IPO
QIB (times)	201.29x	197.07x
NII (times)	1,178.97x	751.90x
Big NII (times)
Small NII (times)
RII (times)	621.77x	483.14x
Employee (times)
Other (times)
Total (times)	621.25x	459.00x

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