Salasar Exteriors IPO vs Sona Hi Sona IPO

Comparision between Salasar Exteriors IPO and Sona Hi Sona IPO.

IPO Details

Salasar Exteriors IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sona Hi Sona IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Salasar Exteriors IPO	Sona Hi Sona IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Navigant Corporate Advisors Ltd	Fedex Securities Pvt Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
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 Salasar Exteriors IPO is up to ₹8.50 Cr whereas the issue size of the Sona Hi Sona IPO is up to ₹4.50 Cr. The final issue price of Salasar Exteriors IPO is ₹36.00 per share and of Sona Hi Sona IPO is ₹10.00 per share.

	Salasar Exteriors IPO	Sona Hi Sona IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	10000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	23,60,000 shares	45,00,000 shares
Issue Size Total (Amount)	up to ₹8.50 Cr	up to ₹4.50 Cr

IPO Timetable

Salasar Exteriors IPO opens on Aug 28, 2019, while Sona Hi Sona IPO opens on Sep 30, 2019. The closing date of Salasar Exteriors IPO and Sona Hi Sona IPO is Sep 03, 2019, and Oct 04, 2019, respectively.

	Salasar Exteriors IPO	Sona Hi Sona IPO
Anchor Bid Date
Issue Open	Aug 28, 2019	Sep 30, 2019
Issue Close	Sep 03, 2019	Oct 04, 2019
Basis Of Allotment (Tentative)		Oct 10, 2019
Initiation of Refunds (Tentative)		Oct 11, 2019
Credit of Share (Tentative)		Oct 14, 2019
Listing date (Tentative)		Oct 15, 2019
Anchor Lockin End date 1		Nov 09, 2019
Anchor Lockin End date 2		Jan 08, 2020

Financials

Salasar Exteriors IPO P/E ratio is , as compared to Sona Hi Sona IPO P/E ratio of .

Salasar Exteriors IPO

Sona Hi Sona IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-July-18
Total Assets	2737.02
Total Revenue	177.83
Profit After Tax	7.66

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	2,224.40	2,230.88	1,220.15
Total Revenue	6,717.98	5,903.26	5,448.10
Profit After Tax	38.86	18.65	6.18

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

71.34%

73.19%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Salasar Exteriors IPO retail investors (RII) are offered 11,20,000 shares while in Sona Hi Sona IPO retail investors are offered 11,20,000 shares. Qualified institutional buyers (QIB) are offered in Salasar Exteriors IPO and in Sona Hi Sona IPO.

	Salasar Exteriors IPO	Sona Hi Sona IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,20,000 shares	2,40,000 shares
QIB
NII	11,20,000 shares	21,30,000 shares
RII	11,20,000 shares	21,30,000 shares
Employee
Others
Total	22,40,000 shares	42,60,000 shares

Bids Received (Subscription)

Salasar Exteriors IPO subscribed 1.15x in total, whereas Sona Hi Sona IPO subscribed 1.21x.

	Salasar Exteriors IPO	Sona Hi Sona IPO
QIB (times)
NII (times)	2.10x	1.74x
Big NII (times)
Small NII (times)
RII (times)	0.20x	0.69x
Employee (times)
Other (times)
Total (times)	1.15x	1.21x

Compare with others

Salasar Exteriors IPO	Sona Hi Sona IPO
Sona Hi Sona IPO	Valencia IPO
Goblin IPO	DC Infotech IPO
Galactico IPO	Ascom Leasing IPO
Misquita IPO	Mangalam Global IPO
Smiloshine IPO	Anuroop IPO
Transpact IPO	Goblin IPO
Alphalogic IPO	Galactico IPO
Shiv Aum IPO	Misquita IPO
Wonder Fibromats IPO	Smiloshine IPO
City Pulse IPO	Salasar Exteriors IPO

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