ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Saakshi Medtech IPO vs Sunita Tools IPO

Comparison between Saakshi Medtech IPO and Sunita Tools IPO.

IPO Details

Saakshi Medtech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.

 Saakshi Medtech IPOSunita Tools IPO
LogoSaakshi Medtech IPO LogoSunita Tools IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.SS Corporate Securities 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 Saakshi Medtech IPO is up to ₹42.88 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Saakshi Medtech IPO is ₹97.00 per share and of Sunita Tools IPO is ₹145.00 per share.

 Saakshi Medtech IPOSunita Tools IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹92.00 per share
Issue Price (Upper)₹97.00 per share
Issue Price (Final)₹97.00 per share₹145.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares1000 shares
Fresh Issue Size44,20,800 shares12,42,000 shares
Fresh Issue Size (Amount)up to ₹42.88 Crup to ₹18.01 Cr
OFS Issue Size0 shares2,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.90 Cr
Issue Size Total44,20,800 shares14,42,000 shares
Issue Size Total (Amount)up to ₹42.88 Crup to ₹20.91 Cr

IPO Timetable

Saakshi Medtech IPO opens on Sep 25, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Saakshi Medtech IPO and Sunita Tools IPO is Sep 27, 2023, and Oct 03, 2023, respectively.

 Saakshi Medtech IPOSunita Tools IPO
Anchor Bid DateSep 22, 2023
Issue OpenSep 25, 2023Sep 26, 2023
Issue CloseSep 27, 2023Oct 03, 2023
Basis Of Allotment (Tentative)Oct 03, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Oct 04, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 05, 2023Oct 06, 2023
Listing date (Tentative)Oct 03, 2023Oct 11, 2023
Anchor Lockin End date 1Nov 02, 2023
Anchor Lockin End date 2Jan 01, 2024

Financials & KPIs

Saakshi Medtech IPO P/E ratio is 10.18, as compared to Sunita Tools IPO P/E ratio of 16.88.

 Saakshi Medtech IPOSunita Tools IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets93.2465.2255.92
Total Income122.2091.6960.22
Profit After Tax12.389.382.20
NET Worth42.2429.8620.48
Reserves and Surplus39.6427.2617.88
Total Borrowing20.0716.3621.99
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets25.3814.2313.52
Total Income14.178.896.92
Profit After Tax3.380.810.27
NET Worth3.21-2.67-3.48
Reserves and Surplus-1.10-4.48-5.29
Total Borrowing16.6012.4913.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.63%72.98%
P/E Ratio10.1816.88
Market Cap₹171.26 Cr.₹81.56 Cr.
ROE34.351259
ROCE28.5736.76
Debt/Equity0.485.17
EPS₹9.53₹13.96
RoNW29.32105.31

Shares Offered

In the Saakshi Medtech IPO Retail Individual Investors (RII) are offered 15,48,000 shares while in Sunita Tools IPO retail investors are offered 15,48,000 shares. Qualified Institutional Buyers (QIB) are offered 8,84,400 shares in Saakshi Medtech IPO and 0 shares in Sunita Tools IPO.

 Saakshi Medtech IPOSunita Tools IPO
Anchor Investor Reservation13,24,800 shares0 shares
Market Maker Reservation2,35,200 shares78,000 shares
QIB8,84,400 shares0 shares
NII6,63,600 shares7,21,000 shares
RII15,48,000 shares7,21,000 shares
Employee0 shares
Total44,20,800 shares14,42,000 shares

Bids Received (Subscription)

Saakshi Medtech IPO subscribed 64.18x in total, whereas Sunita Tools IPO subscribed 13.19x.

 Saakshi Medtech IPOSunita Tools IPO
QIB (times)37.35x
NII (times)200.78x5.27x
RII (times)75.88x21.10x
Total (times)64.18x13.19x

Compare with others

Saakshi Medtech IPOSunita Tools IPO
Rajgor Castor Derivatives IPONewjaisa Technologies IPO
Arabian Petroleum IPOInspire Films IPO
Newjaisa Technologies IPOGoyal Salt IPO
Inspire Films IPOSaakshi Medtech IPO
Goyal Salt IPOOrganic Recycling Systems IPO
Organic Recycling Systems IPOMarco Cables IPO
Sunita Tools IPOMangalam Alloys IPO
Marco Cables IPOMaster Components IPO
Mangalam Alloys IPOTechknowgreen Solutions IPO
Master Components IPOHi-Green Carbon IPO

Compare:

Saakshi Medtech IPO Vs Sunita Tools IPO