Bondada Engineering IPO vs Sahaj Fashions IPO

Comparision between Bondada Engineering IPO and Sahaj Fashions IPO.

IPO Details

Bondada Engineering IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sahaj Fashions IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Bondada Engineering IPO	Sahaj Fashions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Vivro Financial Services Private Limited	Khambatta Securities Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Rikhav Securities Limited	Nnm Securities Private 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 Bondada Engineering IPO is up to ₹42.72 Cr whereas the issue size of the Sahaj Fashions IPO is up to ₹13.96 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Sahaj Fashions IPO is ₹30.00 per share.

	Bondada Engineering IPO	Sahaj Fashions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹75.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	4000 shares
Fresh Issue Size	56,96,000 shares	44,76,000 shares
Fresh Issue Size (Amount)	up to ₹42.72 Cr	up to ₹13.43 Cr
OFS Issue Size		1,76,000 shares
OFS Issue Size (Amount)		up to ₹0.53 Cr
Issue Size Total	56,96,000 shares	46,52,000 shares
Issue Size Total (Amount)	up to ₹42.72 Cr	up to ₹13.96 Cr

IPO Timetable

Bondada Engineering IPO opens on Aug 18, 2023, while Sahaj Fashions IPO opens on Aug 25, 2023. The closing date of Bondada Engineering IPO and Sahaj Fashions IPO is Aug 22, 2023, and Aug 29, 2023, respectively.

	Bondada Engineering IPO	Sahaj Fashions IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 25, 2023
Issue Close	Aug 22, 2023	Aug 29, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Sep 01, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Sep 04, 2023
Credit of Share (Tentative)	Aug 29, 2023	Sep 05, 2023
Listing date (Tentative)	Aug 30, 2023	Sep 06, 2023
Anchor Lockin End date 1	Sep 24, 2023	Oct 01, 2023
Anchor Lockin End date 2	Nov 23, 2023	Nov 30, 2023

Financials

Bondada Engineering IPO P/E ratio is 6.56, as compared to Sahaj Fashions IPO P/E ratio of .

Bondada Engineering IPO

Sahaj Fashions IPO

Financial

Bondada Engineering IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	17,091.69	15,761.73	25,115.46
Revenue	28,832.29	33,420.96	37,095.77
Profit After Tax	920.55	1,013.53	1,825.19
Net Worth	4,775.88	5,789.41	7,837.54
Reserves and Surplus	4,693.88	5,707.41	6,246.93
Total Borrowing	4,667.31	3,803.23	8,422.65

Amount in ₹ Lakhs

Sahaj Fashions IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	28 Feb 2023
Assets	6,476.39	6,711.73	6,998.59	7,179.34
Revenue	9,933.61	7,475.54	8,698.36	9,101.07
Profit After Tax	27.19	31.90	42.64	288.71
Net Worth	1,361.63	1,393.53	1,435.78	1,724.07
Reserves and Surplus	620.41	652.32	694.56	982.85
Total Borrowing	1,019.03	1,608.65	1,795.46	1,519.24

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.00%

97.95%

Promoter Shareholding (Post-Issue)

63.33%

P/E Ratio

6.56

Market Cap

₹162.02 Cr.

₹39.50 Cr.

ROE

22.77%%

ROCE

35.63%%

Debt/Equity

1.07

EPS

₹11.43

RoNW

22.77%%

Shares Offered

In the Bondada Engineering IPO retail investors (RII) are offered 27,04,000 shares while in Sahaj Fashions IPO retail investors are offered 27,04,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Bondada Engineering IPO and 0 shares in Sahaj Fashions IPO.

	Bondada Engineering IPO	Sahaj Fashions IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	2,36,000 shares
QIB	0 shares	0 shares
NII	27,04,000 shares	22,08,000 shares
RII	27,04,000 shares	22,08,000 shares
Employee	0 shares	0 shares
Others
Total	54,08,000 shares	44,16,000 shares

Bids Received (Subscription)

Bondada Engineering IPO subscribed 112.28x in total, whereas Sahaj Fashions IPO subscribed 7.75x.

	Bondada Engineering IPO	Sahaj Fashions IPO
QIB (times)
NII (times)	115.46x	3.78x
Big NII (times)
Small NII (times)
RII (times)	100.05x	11.72x
Employee (times)
Other (times)
Total (times)	112.28x	7.75x

Compare with others

Bondada Engineering IPO	Sahaj Fashions IPO
C P S Shapers IPO	Saroja Pharma Industries IPO
Mono Pharmacare IPO	Basilic Fly Studio IPO
Sungarner Energies IPO	C P S Shapers IPO
Sahaj Fashions IPO	Mono Pharmacare IPO
Shoora Designs IPO	Sungarner Energies IPO
Crop Life Science IPO	Shoora Designs IPO
Shelter Pharma IPO	Bondada Engineering IPO
Sangani Hospitals IPO	Crop Life Science IPO
Yudiz Solutions IPO	Shelter Pharma IPO
Zeal Global Services IPO	Sangani Hospitals IPO

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