Sahaj Fashions IPO vs Shelter Pharma IPO

Comparison between Sahaj Fashions IPO and Shelter Pharma IPO.

IPO Details

Sahaj Fashions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shelter Pharma IPO is a SME Fixed Price proposed to list at BSE 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 Shelter Pharma IPO is up to ₹15.22 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Shelter Pharma IPO is ₹42.00 per share.

 Sahaj Fashions IPOShelter Pharma IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size42,40,000 shares36,24,000 shares
Fresh Issue Size (Amount)up to ₹12.72 Crup to ₹15.22 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 shares36,24,000 shares
Issue Size Total (Amount)up to ₹13.25 Crup to ₹15.22 Cr

IPO Timetable

Sahaj Fashions IPO opens on Aug 25, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Sahaj Fashions IPO and Shelter Pharma IPO is Aug 29, 2023, and Aug 14, 2023, respectively.

 Sahaj Fashions IPOShelter Pharma IPO
Issue OpenAug 25, 2023Aug 10, 2023
Issue CloseAug 29, 2023Aug 14, 2023
Basis Of Allotment (Tentative)Sep 01, 2023Aug 18, 2023
Initiation of Refunds (Tentative)Sep 04, 2023Aug 21, 2023
Credit of Share (Tentative)Sep 05, 2023Aug 22, 2023
Listing date (Tentative)Sep 06, 2023Aug 23, 2023

Financials & KPIs

Sahaj Fashions IPO P/E ratio is , as compared to Shelter Pharma IPO P/E ratio of 5.62.

 Sahaj Fashions IPOShelter Pharma 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)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets21.4512.8410.20
Total Income36.1630.0622.49
Profit After Tax5.781.84-0.24
NET Worth14.518.807.11
Reserves and Surplus6.778.446.67
Total Borrowing1.780.130.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.95%84.92%
Promoter Shareholding (Post-Issue)64.65%56.89%
P/E Ratio5.62
Market Cap₹39.50 Cr.₹48.55 Cr.
EPS₹7.47
RoNW39.86

Shares Offered

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

 Sahaj Fashions IPOShelter Pharma IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,36,000 shares1,92,000 shares
QIB0 shares
NII22,08,000 shares18,12,000 shares
RII22,08,000 shares18,12,000 shares
Employee0 shares
Total44,16,000 shares36,24,000 shares

Bids Received (Subscription)

Sahaj Fashions IPO subscribed 7.75x in total, whereas Shelter Pharma IPO subscribed 14.43x.

 Sahaj Fashions IPOShelter Pharma IPO
NII (times)3.78x6.58x
RII (times)11.72x22.28x
Total (times)7.75x14.43x

Compare with others

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Sahaj Fashions IPO Vs Shelter Pharma IPO