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Sati Poly Plast IPO vs Tunwal E-Motors IPO

Comparison between Sati Poly Plast IPO and Tunwal E-Motors IPO.

IPO Details

Sati Poly Plast IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tunwal E-Motors IPO is a SME Fixed Price proposed to list at NSE SME.

 Sati Poly Plast IPOTunwal E-Motors IPO
LogoSati Poly Plast IPO LogoTunwal E-Motors IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sati Poly Plast IPO is up to ₹16.45 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹109.86 Cr. The final issue price of Sati Poly Plast IPO is ₹130.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.

 Sati Poly Plast IPOTunwal E-Motors IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹123.00 per share
Issue Price (Upper)₹130.00 per share
Issue Price (Final)₹130.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size12,65,000 shares1,28,70,000 shares
Fresh Issue Size (Amount)up to ₹16.45 Crup to ₹75.93 Cr
OFS Issue Size0 shares57,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹33.93 Cr
Issue Size Total12,65,000 shares1,86,20,000 shares
Issue Size Total (Amount)up to ₹16.45 Crup to ₹109.86 Cr

IPO Timetable

Sati Poly Plast IPO opens on Jul 12, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of Sati Poly Plast IPO and Tunwal E-Motors IPO is Jul 16, 2024, and Jul 18, 2024, respectively.

 Sati Poly Plast IPOTunwal E-Motors IPO
Anchor Bid DateJul 11, 2024
Issue OpenJul 12, 2024Jul 15, 2024
Issue CloseJul 16, 2024Jul 18, 2024
Basis Of Allotment (Tentative)Jul 18, 2024Jul 19, 2024
Initiation of Refunds (Tentative)Jul 19, 2024Jul 22, 2024
Credit of Share (Tentative)Jul 19, 2024Jul 22, 2024
Listing date (Tentative)Jul 22, 2024Jul 23, 2024
Anchor Lockin End date 1Aug 17, 2024
Anchor Lockin End date 2Oct 16, 2024

Financials & KPIs

Sati Poly Plast IPO P/E ratio is 14.29, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.

 Sati Poly Plast IPOTunwal E-Motors IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets56.3841.9435.79
Total Income179.41190.97175.22
Profit After Tax3.293.090.28
NET Worth12.303.980.89
Reserves and Surplus8.692.91-0.18
Total Borrowing25.2026.3123.59
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets75.8356.9450.37
Total Income105.5476.5675.66
Profit After Tax11.813.722.34
NET Worth20.538.224.24
Reserves and Surplus12.244.093.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.29%97.04%
Promoter Shareholding (Post-Issue)63%62.34%
P/E Ratio14.2920.71
Market Cap₹64.31 Cr.₹326.28 Cr.
ROE40.3857.53
ROCE20.4559.38
Debt/Equity1.821.00
EPS₹9.10₹2.85
RoNW26.7157.53

Shares Offered

In the Sati Poly Plast IPO Retail Individual Investors (RII) are offered 4,43,000 shares while in Tunwal E-Motors IPO retail investors are offered 4,43,000 shares. Qualified Institutional Buyers (QIB) are offered 2,53,000 shares in Sati Poly Plast IPO and 0 shares in Tunwal E-Motors IPO.

 Sati Poly Plast IPOTunwal E-Motors IPO
Anchor Investor Reservation3,79,000 shares0 shares
Market Maker Reservation70,000 shares9,80,000 shares
QIB2,53,000 shares0 shares
NII1,90,000 shares93,10,000 shares
RII4,43,000 shares93,10,000 shares
Employee0 shares
Total12,65,000 shares1,86,20,000 shares

Bids Received (Subscription)

Sati Poly Plast IPO subscribed 349.59x in total, whereas Tunwal E-Motors IPO subscribed 12.12x.

 Sati Poly Plast IPOTunwal E-Motors IPO
QIB (times)146.00x
NII (times)569.52x7.61x
RII (times)670.62x16.64x
Total (times)349.59x12.12x

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Compare:

Sati Poly Plast IPO Vs Tunwal E-Motors IPO