Presstonic Engineering IPO vs Sahara Maritime IPO

Comparision between Presstonic Engineering IPO and Sahara Maritime IPO.

IPO Details

Presstonic Engineering IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sahara Maritime IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Presstonic Engineering IPO	Sahara Maritime IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Swaraj shares and securities private limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Presstonic Engineering IPO is up to ₹23.30 Cr whereas the issue size of the Sahara Maritime IPO is up to ₹6.88 Cr. The final issue price of Presstonic Engineering IPO is ₹72.00 per share and of Sahara Maritime IPO is ₹81.00 per share.

	Presstonic Engineering IPO	Sahara Maritime IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹72.00 per share	₹81.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	32,36,800 shares	8,49,600 shares
Fresh Issue Size (Amount)	up to ₹23.30 Cr	up to ₹6.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,36,800 shares	8,49,600 shares
Issue Size Total (Amount)	up to ₹23.30 Cr	up to ₹6.88 Cr

IPO Timetable

Presstonic Engineering IPO opens on Dec 11, 2023, while Sahara Maritime IPO opens on Dec 18, 2023. The closing date of Presstonic Engineering IPO and Sahara Maritime IPO is Dec 13, 2023, and Dec 20, 2023, respectively.

	Presstonic Engineering IPO	Sahara Maritime IPO
Anchor Bid Date
Issue Open	Dec 11, 2023	Dec 18, 2023
Issue Close	Dec 13, 2023	Dec 20, 2023
Basis Of Allotment (Tentative)	Dec 14, 2023	Dec 21, 2023
Initiation of Refunds (Tentative)	Dec 15, 2023	Dec 22, 2023
Credit of Share (Tentative)	Dec 15, 2023	Dec 22, 2023
Listing date (Tentative)	Dec 18, 2023	Dec 26, 2023
Anchor Lockin End date 1	Jan 13, 2024	Jan 20, 2024
Anchor Lockin End date 2	Mar 13, 2024	Mar 20, 2024

Financials

Presstonic Engineering IPO P/E ratio is 6.28, as compared to Sahara Maritime IPO P/E ratio of 15.03.

Presstonic Engineering IPO

Sahara Maritime IPO

Financial

Presstonic Engineering Limited Financial Information (Restated)

Presstonic Engineering Limited's revenue increased by 66.11% and profit after tax (PAT) rose by 1721.76% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,850.69	2,737.68	2,496.71	2,386.97
Revenue	1,431.67	2,113.27	1,272.21	769.44
Profit After Tax	152.21	256.14	14.06	-16.94
Net Worth	645.57	493.36	237.22	223.16
Reserves and Surplus	198.50	269.83	13.69	-0.37
Total Borrowing	1,536.97	1,645.27	1,797.08	1,774.95
Amount in ₹ Lakhs

Sahara Maritime Limited Financial Information (Restated)

Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	880.95	964.52	733.57	535.74
Revenue	531.99	2,611.12	2,104.52	1,021.64
Profit After Tax	1.04	120.74	52.35	64.78
Net Worth	531.58	530.54	365.69	313.34
Reserves and Surplus	309.47	308.43	364.69	312.34
Total Borrowing	163.81	173.26	11.97	38.72
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

100.00%

Promoter Shareholding (Post-Issue)

57.99%

72.32%

P/E Ratio

6.28

15.03

Market Cap

₹55.49 Cr.

₹24.87 Cr.

ROE

115%%

26.72%%

ROCE

87%%

32.77%%

Debt/Equity

0.98

0.33

EPS

₹5.73

₹5.44

RoNW

51.92%%

22.76%%

Shares Offered

In the Presstonic Engineering IPO retail investors (RII) are offered 15,36,000 shares while in Sahara Maritime IPO retail investors are offered 15,36,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Presstonic Engineering IPO and 0 shares in Sahara Maritime IPO.

	Presstonic Engineering IPO	Sahara Maritime IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,63,200 shares	43,200 shares
QIB	0 shares	0 shares
NII	15,37,600 shares	4,03,200 shares
RII	15,36,000 shares	4,03,200 shares
Employee	0 shares	0 shares
Others
Total	30,73,600 shares	8,06,400 shares

Bids Received (Subscription)

Presstonic Engineering IPO subscribed 168.25x in total, whereas Sahara Maritime IPO subscribed 22.67x.

	Presstonic Engineering IPO	Sahara Maritime IPO
QIB (times)
NII (times)	133.56x	8.98x
Big NII (times)
Small NII (times)
RII (times)	188.94x	36.35x
Employee (times)
Other (times)
Total (times)	168.25x	22.67x

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