Plaza Wires IPO vs Sai Silks (Kalamandir) IPO

Comparision between Plaza Wires IPO and Sai Silks (Kalamandir) IPO.

IPO Details

Plaza Wires IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sai Silks (Kalamandir) IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Plaza Wires IPO	Sai Silks (Kalamandir) IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Motilal Oswal Investment Advisors Limited Hdfc Bank Limited Nuvama Wealth Management Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Plaza Wires IPO is up to ₹71.28 Cr whereas the issue size of the Sai Silks (Kalamandir) IPO is up to ₹1,201.00 Cr. The final issue price of Plaza Wires IPO is ₹54.00 per share and of Sai Silks (Kalamandir) IPO is ₹222.00 per share.

	Plaza Wires IPO	Sai Silks (Kalamandir) IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹51.00 per share	₹210.00 per share
Issue Price (Upper)	₹54.00 per share	₹222.00 per share
Issue Price (Final)	₹54.00 per share	₹222.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	277 shares	67 shares
Fresh Issue Size	1,32,00,158 shares	2,70,27,027 shares
Fresh Issue Size (Amount)	up to ₹71.28 Cr	up to ₹600.00 Cr
OFS Issue Size		2,70,72,000 shares
OFS Issue Size (Amount)		up to ₹601.00 Cr
Issue Size Total	1,32,00,158 shares	5,40,99,027 shares
Issue Size Total (Amount)	up to ₹71.28 Cr	up to ₹1,201.00 Cr

IPO Timetable

Plaza Wires IPO opens on Sep 29, 2023, while Sai Silks (Kalamandir) IPO opens on Sep 20, 2023. The closing date of Plaza Wires IPO and Sai Silks (Kalamandir) IPO is Oct 05, 2023, and Sep 22, 2023, respectively.

	Plaza Wires IPO	Sai Silks (Kalamandir) IPO
Anchor Bid Date	Sep 27, 2023	Sep 18, 2023
Issue Open	Sep 29, 2023	Sep 20, 2023
Issue Close	Oct 05, 2023	Sep 22, 2023
Basis Of Allotment (Tentative)	Oct 09, 2023	Sep 27, 2023
Initiation of Refunds (Tentative)	Oct 11, 2023	Sep 29, 2023
Credit of Share (Tentative)	Oct 12, 2023	Oct 03, 2023
Listing date (Tentative)	Oct 12, 2023	Sep 27, 2023
Anchor Lockin End date 1	Nov 08, 2023	Oct 27, 2023
Anchor Lockin End date 2	Jan 07, 2024	Dec 26, 2023

Financials

Plaza Wires IPO P/E ratio is 21.95, as compared to Sai Silks (Kalamandir) IPO P/E ratio of 27.37.

Plaza Wires IPO

Sai Silks (Kalamandir) IPO

Financial

Plaza Wires Limited Financial Information (Restated)

Plaza Wires Limited's revenue increased by 3.2% and profit after tax (PAT) rose by 26.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	112.10	104.17	99.28
Revenue	182.60	176.94	145.60
Profit After Tax	7.51	5.95	4.24
Net Worth	53.08	45.52	39.48
Reserves and Surplus	22.53	14.96	35.66
Total Borrowing	39.68	40.09	43.30
Amount in ₹ Crore

Sai Silks (Kalamandir) Limited Financial Information (Restated)

Sai Silks (Kalamandir) Limited's revenue increased by 19.94% and profit after tax (PAT) rose by 69.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	1,220.45	842.49	665.42	692.76
Revenue	1,358.92	1,133.02	679.10	1,178.62
Profit After Tax	97.59	57.69	5.13	42.10
Net Worth	397.33	300.66	242.99	231.51
Reserves and Surplus	373.27	276.60	218.93	208.05
Total Borrowing	345.50	260.49	217.22	164.70
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

95.23%

Promoter Shareholding (Post-Issue)

69.83%

60.80%

P/E Ratio

21.95

27.37

Market Cap

₹236.26 Cr.

₹3404.73 Cr.

ROE

14.15%%

27.96%%

ROCE

15.57%%

23.55%%

Debt/Equity

0.75

0.87

EPS

₹2.46

₹8.11

RoNW

14.16%%

24.56%%

Shares Offered

In the Plaza Wires IPO retail investors (RII) are offered 13,20,015 shares while in Sai Silks (Kalamandir) IPO retail investors are offered 13,20,015 shares. Qualified institutional buyers (QIB) are offered 61,96,076 shares in Plaza Wires IPO and 1,08,19,807 shares in Sai Silks (Kalamandir) IPO.

	Plaza Wires IPO	Sai Silks (Kalamandir) IPO
Anchor Investor Reserveration	37,04,044 shares	1,62,29,707 shares
Market Maker Reserveration
QIB	61,96,076 shares	1,08,19,807 shares
NII	19,80,023 shares	81,14,854 shares
RII	13,20,015 shares	1,89,34,659 shares
Employee	0 shares	0 shares
Others
Total	94,96,114 shares	3,78,69,320 shares

Bids Received (Subscription)

Plaza Wires IPO subscribed 160.97x in total, whereas Sai Silks (Kalamandir) IPO subscribed 4.47x.

	Plaza Wires IPO	Sai Silks (Kalamandir) IPO
QIB (times)	42.84x	12.17x
NII (times)	388.09x	2.54x
Big NII (times)	360.92x	3.03x
Small NII (times)	442.42x	1.57x
RII (times)	374.81x	0.91x
Employee (times)
Other (times)
Total (times)	160.97x	4.47x

Compare with others

Plaza Wires IPO	Sai Silks (Kalamandir) IPO
Cello World Limited IPO	Plaza Wires IPO
Mamaearth IPO	Updater Services IPO
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IRM Energy IPO	JSW Infrastructure IPO
Updater Services IPO	Yatra Online IPO
Valiant Laboratories IPO	Zaggle Prepaid Ocean Services IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	R R Kabel IPO
JSW Infrastructure IPO	SAMHI Hotels IPO
Sai Silks (Kalamandir) IPO	EMS IPO

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