Comparison between Sadhav Shipping IPO and Trust Fintech IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
Financials & KPIs
Sadhav Shipping IPO P/E ratio is 12.66, as compared to Trust Fintech IPO P/E ratio of 44.05.
Shares Offered
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 Reservation | | 17,88,000 shares |
| Market Maker Reservation | 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 |
Bids Received (Subscription)
Sadhav Shipping IPO subscribed 135.69x in total, whereas Trust Fintech IPO subscribed 108.63x.
