Comparison between Sadhav Shipping IPO and Trust Fintech IPO.
Sadhav Shipping IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trust Fintech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Sadhav Shipping IPO | Trust Fintech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | ISK Advisors Pvt.Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sadhav Shipping IPO is up to ₹36.25 Cr whereas the issue size of the Trust Fintech IPO is up to ₹60.24 Cr. The final issue price of Sadhav Shipping IPO is ₹95.00 per share and of Trust Fintech IPO is ₹101.00 per share.
| Sadhav Shipping IPO | Trust Fintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹101.00 per share | |
| Issue Price (Final) | ₹95.00 per share | ₹101.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 38,16,000 shares | 59,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹36.25 Cr | up to ₹60.24 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 | 38,16,000 shares | 59,64,000 shares |
| Issue Size Total (Amount) | up to ₹36.25 Cr | up to ₹60.24 Cr |
Sadhav Shipping IPO opens on Feb 23, 2024, while Trust Fintech IPO opens on Mar 26, 2024. The closing date of Sadhav Shipping IPO and Trust Fintech IPO is Feb 27, 2024, and Mar 28, 2024, respectively.
| Sadhav Shipping IPO | Trust Fintech IPO | |
|---|---|---|
| Anchor Bid Date | Mar 22, 2024 | |
| Issue Open | Feb 23, 2024 | Mar 26, 2024 |
| Issue Close | Feb 27, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Feb 28, 2024 | Apr 02, 2024 |
| Initiation of Refunds (Tentative) | Feb 29, 2024 | Apr 03, 2024 |
| Credit of Share (Tentative) | Feb 29, 2024 | Apr 03, 2024 |
| Listing date (Tentative) | Mar 01, 2024 | Apr 04, 2024 |
| Anchor Lockin End date 1 | May 02, 2024 | |
| Anchor Lockin End date 2 | Jul 01, 2024 |
Sadhav Shipping IPO P/E ratio is 12.66, as compared to Trust Fintech IPO P/E ratio of 44.05.
| Sadhav Shipping IPO | Trust Fintech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Sadhav Shipping Limited Financial Information (Restated)Sadhav Shipping Limited's revenue increased by 13.08% and profit after tax (PAT) rose by 157.68% between the financial year ending with March 31, 2023 and March 31, 2022.
| Trust Fintech Limited Financial Information (Restated Standalone)Trust Fintech Limited's revenue increased by 26.12% and profit after tax (PAT) rose by 200.92% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.44 | 93.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.44 | 68.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.66 | 44.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹136.35 Cr. | ₹240.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.41% | 23.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.36% | 28.54% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.50 | ₹2.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.94% | 27.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sadhav Shipping IPO Retail Individual Investors (RII) are offered 19,08,000 shares while in Trust Fintech IPO retail investors are offered 19,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Sadhav Shipping IPO and 11,92,800 shares in Trust Fintech IPO.
| Sadhav Shipping IPO | Trust Fintech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,88,000 shares | |
| Market Maker Reserveration | 2,02,800 shares | 3,18,000 shares |
| QIB | 11,92,800 shares | |
| NII | 19,08,000 shares | 8,95,200 shares |
| RII | 19,08,000 shares | 20,88,000 shares |
| Employee | ||
| Others | ||
| Total | 38,16,000 shares | 59,64,000 shares |
Sadhav Shipping IPO subscribed 135.69x in total, whereas Trust Fintech IPO subscribed 108.63x.
| Sadhav Shipping IPO | Trust Fintech IPO | |
|---|---|---|
| QIB (times) | 65.38x | |
| NII (times) | 184.58x | 244.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 65.52x | 75.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 135.69x | 108.63x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
