Comparison between Sai Silks (Kalamandir) IPO and Updater IPO.
Sai Silks (Kalamandir) IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Updater IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Sai Silks (Kalamandir) IPO is up to ₹1,201.00 Cr whereas the issue size of the Updater IPO is up to ₹640.00 Cr. The final issue price of Sai Silks (Kalamandir) IPO is ₹222.00 per share and of Updater IPO is ₹300.00 per share.
| Sai Silks (Kalamandir) IPO | Updater IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹210.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹222.00 per share | ₹300.00 per share |
| Issue Price (Final) | ₹222.00 per share | ₹300.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 67 shares | 50 shares |
| Fresh Issue Size | 2,70,27,027 shares | 1,33,33,333 shares |
| Fresh Issue Size (Amount) | up to ₹600.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,70,72,000 shares | 80,00,000 shares |
| OFS Issue Size (Amount) | up to ₹601.00 Cr | up to ₹240.00 Cr |
| Issue Size Total | 5,40,99,027 shares | 2,13,33,333 shares |
| Issue Size Total (Amount) | up to ₹1,201.00 Cr | up to ₹640.00 Cr |
Sai Silks (Kalamandir) IPO opens on Sep 20, 2023, while Updater IPO opens on Sep 25, 2023. The closing date of Sai Silks (Kalamandir) IPO and Updater IPO is Sep 22, 2023, and Sep 27, 2023, respectively.
| Sai Silks (Kalamandir) IPO | Updater IPO | |
|---|---|---|
| Anchor Bid Date | Sep 18, 2023 | Sep 22, 2023 |
| Issue Open | Sep 20, 2023 | Sep 25, 2023 |
| Issue Close | Sep 22, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Sep 27, 2023 | Sep 28, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Sep 27, 2023 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Oct 27, 2023 | Oct 28, 2023 |
| Anchor Lockin End date 2 | Dec 26, 2023 | Dec 27, 2023 |
Sai Silks (Kalamandir) IPO P/E ratio is 27.37, as compared to Updater IPO P/E ratio of 44.31.
| Sai Silks (Kalamandir) IPO | Updater IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.23 | 80.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.80 | 58.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 27.37 | 44.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3404.73 Cr. | ₹2001.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.96% | 9.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.55% | 14.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.87 | 0.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.11 | ₹6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.56% | 9.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sai Silks (Kalamandir) IPO Retail Individual Investors (RII) are offered 1,89,34,660 shares while in Updater IPO retail investors are offered 1,89,34,660 shares. Qualified Institutional Buyers (QIB) are offered 1,08,19,805 shares in Sai Silks (Kalamandir) IPO and 64,00,001 shares in Updater IPO.
| Sai Silks (Kalamandir) IPO | Updater IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,62,29,707 shares | 96,00,000 shares |
| Market Maker Reservation | ||
| QIB | 1,08,19,805 shares | 64,00,001 shares |
| NII | 81,14,855 shares | 31,99,999 shares |
| RII | 1,89,34,660 shares | 21,33,333 shares |
| Employee | ||
| Others | ||
| Total | 5,40,99,027 shares | 2,13,33,333 shares |
Sai Silks (Kalamandir) IPO subscribed 4.47x in total, whereas Updater IPO subscribed 2.96x.
| Sai Silks (Kalamandir) IPO | Updater IPO | |
|---|---|---|
| QIB (times) | 12.17x | 4.50x |
| NII (times) | 2.54x | 0.89x |
| Big NII (times) | 3.03x | 1.07x |
| Small NII (times) | 1.57x | 0.53x |
| RII (times) | 0.91x | 1.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.47x | 2.96x |
