Sahaj Fashions IPO vs Sangani Hospitals IPO

Comparison between Sahaj Fashions IPO and Sangani Hospitals IPO.

IPO Details

Sahaj Fashions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sangani Hospitals IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sahaj Fashions IPO is up to ₹13.25 Cr whereas the issue size of the Sangani Hospitals IPO is up to ₹14.40 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Sangani Hospitals IPO is ₹40.00 per share.

 Sahaj Fashions IPOSangani Hospitals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹37.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹30.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size42,40,000 shares36,00,000 shares
Fresh Issue Size (Amount)up to ₹12.72 Crup to ₹14.40 Cr
OFS Issue Size1,76,000 shares0 shares
OFS Issue Size (Amount)up to ₹0.53 Crup to ₹0.00 Cr
Issue Size Total44,16,000 shares36,00,000 shares
Issue Size Total (Amount)up to ₹13.25 Crup to ₹14.40 Cr

IPO Timetable

Sahaj Fashions IPO opens on Aug 25, 2023, while Sangani Hospitals IPO opens on Aug 04, 2023. The closing date of Sahaj Fashions IPO and Sangani Hospitals IPO is Aug 29, 2023, and Aug 08, 2023, respectively.

 Sahaj Fashions IPOSangani Hospitals IPO
Issue OpenAug 25, 2023Aug 04, 2023
Issue CloseAug 29, 2023Aug 08, 2023
Basis Of Allotment (Tentative)Sep 01, 2023Aug 11, 2023
Initiation of Refunds (Tentative)Sep 04, 2023Aug 14, 2023
Credit of Share (Tentative)Sep 05, 2023Aug 16, 2023
Listing date (Tentative)Sep 06, 2023Aug 17, 2023

Financials & KPIs

Sahaj Fashions IPO P/E ratio is , as compared to Sangani Hospitals IPO P/E ratio of 37.03.

 Sahaj Fashions IPOSangani Hospitals IPO
Financials

Company Financials (Restated)

Period Ended28 Feb 202331 Mar 202231 Mar 202131 Mar 2020
Assets71.7969.9967.1264.76
Total Income91.0186.9874.7699.34
Profit After Tax2.890.430.320.27
NET Worth17.2414.3613.9413.62
Reserves and Surplus9.836.956.526.20
Total Borrowing15.1917.9516.0910.19
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets19.597.052.993.30
Total Income15.764.214.984.46
Profit After Tax1.481.050.790.23
NET Worth17.975.021.691.83
Reserves and Surplus7.991.071.69
Total Borrowing0.100.350.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.95%100%
Promoter Shareholding (Post-Issue)64.65%72.49%
P/E Ratio37.03
Market Cap₹39.50 Cr.₹55.11 Cr.
ROCE11.26
EPS₹3.47
RoNW35.75

Shares Offered

In the Sahaj Fashions IPO Retail Individual Investors (RII) are offered 22,08,000 shares while in Sangani Hospitals IPO retail investors are offered 22,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sahaj Fashions IPO and 3,60,000 shares in Sangani Hospitals IPO.

 Sahaj Fashions IPOSangani Hospitals IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,36,000 shares1,92,000 shares
QIB0 shares3,60,000 shares
NII22,08,000 shares16,20,000 shares
RII22,08,000 shares16,20,000 shares
Employee0 shares
Total44,16,000 shares36,00,000 shares

Bids Received (Subscription)

Sahaj Fashions IPO subscribed 7.75x in total, whereas Sangani Hospitals IPO subscribed 4.54x.

 Sahaj Fashions IPOSangani Hospitals IPO
QIB (times)11.42x
NII (times)3.78x1.38x
RII (times)11.72x6.17x
Total (times)7.75x4.54x

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Sahaj Fashions IPO Vs Sangani Hospitals IPO