Pattech Fitwell Tube Components IPO vs Sancode Technologies IPO

Comparision between Pattech Fitwell Tube Components IPO and Sancode Technologies IPO.

IPO Details

Pattech Fitwell Tube Components IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sancode Technologies IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Pattech Fitwell Tube Components IPO	Sancode Technologies 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	Fedex Securities Pvt Ltd	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Pure Broking Private 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 Pattech Fitwell Tube Components IPO is up to ₹12.00 Cr whereas the issue size of the Sancode Technologies IPO is up to ₹5.15 Cr. The final issue price of Pattech Fitwell Tube Components IPO is ₹50.00 per share and of Sancode Technologies IPO is ₹47.00 per share.

	Pattech Fitwell Tube Components IPO	Sancode Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹47.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size	24,00,000 shares	10,95,000 shares
Fresh Issue Size (Amount)	up to ₹12.00 Cr	up to ₹5.15 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,00,000 shares	10,95,000 shares
Issue Size Total (Amount)	up to ₹12.00 Cr	up to ₹5.15 Cr

IPO Timetable

Pattech Fitwell Tube Components IPO opens on Apr 05, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of Pattech Fitwell Tube Components IPO and Sancode Technologies IPO is Apr 12, 2023, and Apr 06, 2023, respectively.

	Pattech Fitwell Tube Components IPO	Sancode Technologies IPO
Anchor Bid Date
Issue Open	Apr 05, 2023	Mar 31, 2023
Issue Close	Apr 12, 2023	Apr 06, 2023
Basis Of Allotment (Tentative)	Apr 18, 2023	Apr 12, 2023
Initiation of Refunds (Tentative)	Apr 19, 2023	Apr 13, 2023
Credit of Share (Tentative)	Apr 20, 2023	Apr 17, 2023
Listing date (Tentative)	Apr 21, 2023	Apr 18, 2023
Anchor Lockin End date 1	May 18, 2023	May 12, 2023
Anchor Lockin End date 2	Jul 17, 2023	Jul 11, 2023

Financials

Pattech Fitwell Tube Components IPO P/E ratio is 46.73, as compared to Sancode Technologies IPO P/E ratio of 10.71.

Pattech Fitwell Tube Components IPO

Sancode Technologies IPO

Financial

Pattech Fitwell Tube Components Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,155.69	2,038.99	7.74	190.05	0.00	867.72
31-Mar-21	1,386.66	1,844.93	-1.16	321.11	0.00	976.32
31-Mar-22	2,530.38	2,262.87	144.45	563.06	0.00	1,663.56
21-Aug-22	2,572.07	968.72	34.76	569.71	0.00	1,456.31
30-Nov-22	2,661.01	1,137.66	19.69	529.11	19.69	1,745.92
Amount in ₹ Lakhs

Sancode Technologies Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	330.45	43.08	-112.98	220.83	197.95	0.22
31-Mar-21	313.96	159.74	-26.17	223.56	200.69	63.73
31-Mar-22	349.87	244.81	75.12	287.07	264.19	20.76
30-Sep-22	481.26	180.62	89.36	367.54	344.67	21.20
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

97.47%

Promoter Shareholding (Post-Issue)

69.06%

71.24%

P/E Ratio

46.73

10.71

Market Cap

₹38.79 Cr.

₹19.12 Cr.

ROE

25.66%%

ROCE

11.00%%

Debt/Equity

EPS

RoNW

Shares Offered

In the Pattech Fitwell Tube Components IPO retail investors (RII) are offered 12,00,000 shares while in Sancode Technologies IPO retail investors are offered 12,00,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Pattech Fitwell Tube Components IPO and 0 shares in Sancode Technologies IPO.

	Pattech Fitwell Tube Components IPO	Sancode Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,26,000 shares	57,000 shares
QIB	0 shares	0 shares
NII	12,00,000 shares	5,19,000 shares
RII	12,00,000 shares	5,19,000 shares
Employee	0 shares	0 shares
Others
Total	24,00,000 shares	10,38,000 shares

Bids Received (Subscription)

Pattech Fitwell Tube Components IPO subscribed 1.97x in total, whereas Sancode Technologies IPO subscribed 3.68x.

	Pattech Fitwell Tube Components IPO	Sancode Technologies IPO
QIB (times)
NII (times)	2.05x	3.98x
Big NII (times)
Small NII (times)
RII (times)	1.90x	3.39x
Employee (times)
Other (times)
Total (times)	1.97x	3.68x

Compare with others

Pattech Fitwell Tube Components IPO	Sancode Technologies IPO
Krishca Strapping Solutions IPO	De Neers Tools IPO
De Neers Tools IPO	Quicktouch Technologies IPO
Quicktouch Technologies IPO	Retina Paints IPO
Retina Paints IPO	A G Universal IPO
A G Universal IPO	Pattech Fitwell Tube Components IPO
Sancode Technologies IPO	Exhicon Events IPO
Exhicon Events IPO	Sotac Pharmaceuticals IPO
Sotac Pharmaceuticals IPO	MOS Utility IPO
MOS Utility IPO	Infinium Pharmachem IPO
Infinium Pharmachem IPO	Maiden Forgings IPO

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