C P S Shapers IPO vs Saroja Pharma IPO

Comparison between C P S Shapers IPO and Saroja Pharma IPO.

IPO Details

C P S Shapers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Saroja Pharma IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of C P S Shapers IPO is up to ₹10.52 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of C P S Shapers IPO is ₹185.00 per share and of Saroja Pharma IPO is ₹84.00 per share.

 C P S Shapers IPOSaroja Pharma IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹185.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares1600 shares
Fresh Issue Size5,68,800 shares10,30,400 shares
Fresh Issue Size (Amount)up to ₹10.52 Crup to ₹8.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,68,800 shares10,30,400 shares
Issue Size Total (Amount)up to ₹10.52 Crup to ₹8.66 Cr

IPO Timetable

C P S Shapers IPO opens on Aug 29, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of C P S Shapers IPO and Saroja Pharma IPO is Aug 31, 2023, and Sep 05, 2023, respectively.

 C P S Shapers IPOSaroja Pharma IPO
Issue OpenAug 29, 2023Aug 31, 2023
Issue CloseAug 31, 2023Sep 05, 2023
Basis Of Allotment (Tentative)Sep 05, 2023Sep 08, 2023
Initiation of Refunds (Tentative)Sep 06, 2023Sep 11, 2023
Credit of Share (Tentative)Sep 07, 2023Sep 12, 2023
Listing date (Tentative)Sep 07, 2023Sep 13, 2023

Financials & KPIs

C P S Shapers IPO P/E ratio is 11.28, as compared to Saroja Pharma IPO P/E ratio of 23.25.

 C P S Shapers IPOSaroja Pharma IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets17.5112.7511.02
Total Income36.9626.6914.42
Profit After Tax2.461.570.38
NET Worth1.75-0.71-2.28
Reserves and Surplus1.25-1.21-2.78
Total Borrowing10.449.369.48
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets21.3415.518.22
Total Income50.3555.9636.75
Profit After Tax1.061.140.73
NET Worth5.094.030.94
Reserves and Surplus2.153.800.93
Total Borrowing10.196.143.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.8%100%
Promoter Shareholding (Post-Issue)71.29%73.02%
P/E Ratio11.2823.25
Market Cap₹38.85 Cr.₹33.77 Cr.
ROE47315
ROCE2825
Debt/Equity5.962.00
EPS₹16.41₹3.61
RoNW140.5320.85

Shares Offered

In the C P S Shapers IPO Retail Individual Investors (RII) are offered 2,84,400 shares while in Saroja Pharma IPO retail investors are offered 2,84,400 shares. Qualified Institutional Buyers (QIB) are offered in C P S Shapers IPO and in Saroja Pharma IPO.

 C P S Shapers IPOSaroja Pharma IPO
Market Maker Reservation31,200 shares54,400 shares
NII2,84,400 shares5,15,200 shares
RII2,84,400 shares5,15,200 shares
Total5,68,800 shares10,30,400 shares

Bids Received (Subscription)

C P S Shapers IPO subscribed 249.60x in total, whereas Saroja Pharma IPO subscribed 8.86x.

 C P S Shapers IPOSaroja Pharma IPO
NII (times)198.17x2.90x
RII (times)301.03x14.83x
Total (times)249.60x8.86x

Compare with others

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C P S Shapers IPO Vs Saroja Pharma IPO