Sigachi Industries IPO vs Star Health IPO

Comparision between Sigachi Industries IPO and Star Health IPO.

IPO Details

Sigachi Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Star Health IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Sigachi Industries IPO	Star Health 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	Unistone Capital Pvt Ltd	Ambit Private Limited Axis Capital Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited Clsa India Private Limited Credit Suisse Securities (India) Private Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Iifl Securities Ltd Jefferies India Private Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Sigachi Industries IPO is up to ₹125.43 Cr whereas the issue size of the Star Health IPO is up to ₹7,249.18 Cr. The final issue price of Sigachi Industries IPO is ₹163.00 per share and of Star Health IPO is ₹900.00 per share.

	Sigachi Industries IPO	Star Health IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹161.00 per share	₹870.00 per share
Issue Price (Upper)	₹163.00 per share	₹900.00 per share
Issue Price (Final)	₹163.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)		₹80.00 per share
Market Lot Size	90 shares	16 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹2,000.00 Cr
OFS Issue Size		5,83,24,225 shares
OFS Issue Size (Amount)		up to ₹5,249.18 Cr
Issue Size Total	76,95,000 shares
Issue Size Total (Amount)	up to ₹125.43 Cr	up to ₹7,249.18 Cr

IPO Timetable

Sigachi Industries IPO opens on Nov 01, 2021, while Star Health IPO opens on Nov 30, 2021. The closing date of Sigachi Industries IPO and Star Health IPO is Nov 03, 2021, and Dec 02, 2021, respectively.

	Sigachi Industries IPO	Star Health IPO
Anchor Bid Date
Issue Open	Nov 01, 2021	Nov 30, 2021
Issue Close	Nov 03, 2021	Dec 02, 2021
Basis Of Allotment (Tentative)	Nov 10, 2021	Dec 07, 2021
Initiation of Refunds (Tentative)	Nov 11, 2021	Dec 08, 2021
Credit of Share (Tentative)	Nov 12, 2021	Dec 09, 2021
Listing date (Tentative)	Nov 15, 2021	Dec 10, 2021
Anchor Lockin End date 1	Dec 10, 2021	Jan 06, 2022
Anchor Lockin End date 2	Feb 08, 2022	Mar 07, 2022

Financials

Sigachi Industries IPO P/E ratio is , as compared to Star Health IPO P/E ratio of .

Sigachi Industries IPO

Star Health 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	1,514.19	1,155.59	1,334.07	1,091.43	914.62
Total Revenue	551.22	448.16	1,960.10	1,439.49	1,328.77
Profit After Tax	89.89	60.59	302.60	203.15	190.12

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	30-Sep-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	49,749.42	21,008.88	44,665.72	18,967.69	16,426.35
Total Revenue	- 4,946.80	3,343.05	- 9,077.76	4,619.61	2,262.54
Profit After Tax	- 3,802.69	1,992.87	- 8,255.81	2,680.02	1,282.26

Promoter Shareholding (Pre-Issue)

65%

66.22%

Promoter Shareholding (Post-Issue)

48%

58.42%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sigachi Industries IPO retail investors (RII) are offered 26,93,250 shares while in Star Health IPO retail investors are offered 26,93,250 shares. Qualified institutional buyers (QIB) are offered 15,39,000 shares in Sigachi Industries IPO and 2,38,30,602 shares in Star Health IPO.

	Sigachi Industries IPO	Star Health IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	15,39,000 shares	2,38,30,602 shares
NII	11,54,250 shares	1,19,15,300 shares
RII	26,93,250 shares	79,43,533 shares
Employee	0 shares	12,19,512 shares
Others
Total	53,86,500 shares	4,49,08,947 shares

Bids Received (Subscription)

Sigachi Industries IPO subscribed 101.91x in total, whereas Star Health IPO subscribed 0.79x.

	Sigachi Industries IPO	Star Health IPO
QIB (times)	86.51x	1.03x
NII (times)	172.43x	0.19x
Big NII (times)
Small NII (times)
RII (times)	80.49x	1.10x
Employee (times)		0.10x
Other (times)
Total (times)	101.91x	0.79x

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