Sapphire Foods IPO vs Tega Industries IPO

Comparision between Sapphire Foods IPO and Tega Industries IPO.

IPO Details

Sapphire Foods IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tega Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Sapphire Foods IPO	Tega Industries IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Bofa Securities India Limited ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited	Axis Capital Limited Jm Financial Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sapphire Foods IPO is up to ₹2,073.25 Cr whereas the issue size of the Tega Industries IPO is up to ₹619.23 Cr. The final issue price of Sapphire Foods IPO is ₹1,180.00 per share and of Tega Industries IPO is ₹453.00 per share.

	Sapphire Foods IPO	Tega Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,120.00 per share	₹443.00 per share
Issue Price (Upper)	₹1,180.00 per share	₹453.00 per share
Issue Price (Final)	₹1,180.00 per share	₹453.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	12 shares	33 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	1,75,69,941 shares	1,36,69,478 shares
OFS Issue Size (Amount)	up to ₹2,073.25 Cr	up to ₹619.23 Cr
Issue Size Total	1,75,69,941 shares	1,36,69,478 shares
Issue Size Total (Amount)	up to ₹2,073.25 Cr	up to ₹619.23 Cr

IPO Timetable

Sapphire Foods IPO opens on Nov 09, 2021, while Tega Industries IPO opens on Dec 01, 2021. The closing date of Sapphire Foods IPO and Tega Industries IPO is Nov 11, 2021, and Dec 03, 2021, respectively.

	Sapphire Foods IPO	Tega Industries IPO
Anchor Bid Date
Issue Open	Nov 09, 2021	Dec 01, 2021
Issue Close	Nov 11, 2021	Dec 03, 2021
Basis Of Allotment (Tentative)	Nov 16, 2021	Dec 08, 2021
Initiation of Refunds (Tentative)	Nov 17, 2021	Dec 09, 2021
Credit of Share (Tentative)	Nov 18, 2021	Dec 10, 2021
Listing date (Tentative)	Nov 18, 2021	Dec 13, 2021
Anchor Lockin End date 1	Dec 16, 2021	Jan 07, 2022
Anchor Lockin End date 2	Feb 14, 2022	Mar 08, 2022

Financials

Sapphire Foods IPO P/E ratio is , as compared to Tega Industries IPO P/E ratio of .

Sapphire Foods IPO

Tega Industries IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	13,710.76	13,088.66	13,489.37	13,806.64	15,674.72
Total Revenue	3,139.25	1,361.75	10,812.35	13,517.36	12,062.82
Profit After Tax	(264.03)	(751.73)	(998.97)	(1,592.47)	(694.04)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	10,561.72	10,183.39	8,873.15	7,902.68
Total Revenue	1,793.86	8,566.84	6,955.42	6,430.13
Profit After Tax	118.82	1,364.05	655.04	326.70

Promoter Shareholding (Pre-Issue)

60.08%

85.17%

Promoter Shareholding (Post-Issue)

49.97%

79.17%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sapphire Foods IPO retail investors (RII) are offered 17,56,994 shares while in Tega Industries IPO retail investors are offered 17,56,994 shares. Qualified institutional buyers (QIB) are offered 52,70,983 shares in Sapphire Foods IPO and 27,33,896 shares in Tega Industries IPO.

	Sapphire Foods IPO	Tega Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	52,70,983 shares	27,33,896 shares
NII	26,35,491 shares	20,50,422 shares
RII	17,56,994 shares	47,84,318 shares
Employee	0 shares	0 shares
Others
Total	96,63,468 shares	95,68,636 shares

Bids Received (Subscription)

Sapphire Foods IPO subscribed 6.62x in total, whereas Tega Industries IPO subscribed 219.04x.

	Sapphire Foods IPO	Tega Industries IPO
QIB (times)	7.50x	215.45x
NII (times)	3.46x	666.19x
Big NII (times)
Small NII (times)
RII (times)	8.70x	29.44x
Employee (times)
Other (times)
Total (times)	6.62x	219.04x

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