Pattech Fitwell Tube Components IPO vs Sotac Pharmaceuticals IPO

Comparision between Pattech Fitwell Tube Components IPO and Sotac Pharmaceuticals IPO.

IPO Details

Pattech Fitwell Tube Components IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sotac Pharmaceuticals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Pattech Fitwell Tube Components IPO	Sotac Pharmaceuticals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Pure Broking Private Limited	Sunflower Broking Private Limited
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 Pattech Fitwell Tube Components IPO is up to ₹12.00 Cr whereas the issue size of the Sotac Pharmaceuticals IPO is up to ₹33.30 Cr. The final issue price of Pattech Fitwell Tube Components IPO is ₹50.00 per share and of Sotac Pharmaceuticals IPO is ₹111.00 per share.

	Pattech Fitwell Tube Components IPO	Sotac Pharmaceuticals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹105.00 per share
Issue Price (Upper)		₹111.00 per share
Issue Price (Final)	₹50.00 per share	₹111.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	24,00,000 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹12.00 Cr	up to ₹33.30 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,00,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹12.00 Cr	up to ₹33.30 Cr

IPO Timetable

Pattech Fitwell Tube Components IPO opens on Apr 05, 2023, while Sotac Pharmaceuticals IPO opens on Mar 29, 2023. The closing date of Pattech Fitwell Tube Components IPO and Sotac Pharmaceuticals IPO is Apr 12, 2023, and Apr 03, 2023, respectively.

	Pattech Fitwell Tube Components IPO	Sotac Pharmaceuticals IPO
Anchor Bid Date		Mar 28, 2023
Issue Open	Apr 05, 2023	Mar 29, 2023
Issue Close	Apr 12, 2023	Apr 03, 2023
Basis Of Allotment (Tentative)	Apr 18, 2023	Apr 10, 2023
Initiation of Refunds (Tentative)	Apr 19, 2023	Apr 11, 2023
Credit of Share (Tentative)	Apr 20, 2023	Apr 12, 2023
Listing date (Tentative)	Apr 21, 2023	Apr 13, 2023
Anchor Lockin End date 1	May 18, 2023	May 10, 2023
Anchor Lockin End date 2	Jul 17, 2023	Jul 09, 2023

Financials

Pattech Fitwell Tube Components IPO P/E ratio is 46.73, as compared to Sotac Pharmaceuticals IPO P/E ratio of 132.14.

Pattech Fitwell Tube Components IPO

Sotac Pharmaceuticals IPO

Financial

Pattech Fitwell Tube Components Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,155.69	2,038.99	7.74	190.05	0.00	867.72
31-Mar-21	1,386.66	1,844.93	-1.16	321.11	0.00	976.32
31-Mar-22	2,530.38	2,262.87	144.45	563.06	0.00	1,663.56
21-Aug-22	2,572.07	968.72	34.76	569.71	0.00	1,456.31
30-Nov-22	2,661.01	1,137.66	19.69	529.11	19.69	1,745.92
Amount in ₹ Lakhs

Sotac Pharmaceuticals Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	3,038.21	2,882.64	8.75	305.73	75.73	15.13
31-Mar-21	3,469.75	4,894.97	-236.54	249.36	19.36	1,035.80
31-Mar-22	3,525.35	7,337.02	287.86	662.19	432.19	1,134.59
30-Sep-22	6,461.60	3,994.65	46.55	797.41	567.41	2,185.52
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

84.63%

Promoter Shareholding (Post-Issue)

69.06%

P/E Ratio

46.73

132.14

Market Cap

₹38.79 Cr.

₹122.66 Cr.

ROE

25.66%%

6.38%%

ROCE

11.00%%

19.03%%

Debt/Equity

2.74

EPS

RoNW

Shares Offered

In the Pattech Fitwell Tube Components IPO retail investors (RII) are offered 12,00,000 shares while in Sotac Pharmaceuticals IPO retail investors are offered 12,00,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Pattech Fitwell Tube Components IPO and 5,71,800 shares in Sotac Pharmaceuticals IPO.

	Pattech Fitwell Tube Components IPO	Sotac Pharmaceuticals IPO
Anchor Investor Reserveration		8,53,200 shares
Market Maker Reserveration	1,26,000 shares	1,50,000 shares
QIB	0 shares	5,71,800 shares
NII	12,00,000 shares	4,28,400 shares
RII	12,00,000 shares	9,98,400 shares
Employee	0 shares	0 shares
Others
Total	24,00,000 shares	19,98,600 shares

Bids Received (Subscription)

Pattech Fitwell Tube Components IPO subscribed 1.97x in total, whereas Sotac Pharmaceuticals IPO subscribed 1.60x.

	Pattech Fitwell Tube Components IPO	Sotac Pharmaceuticals IPO
QIB (times)		1.00x
NII (times)	2.05x	4.04x
Big NII (times)
Small NII (times)
RII (times)	1.90x	0.91x
Employee (times)
Other (times)
Total (times)	1.97x	1.60x

Compare with others

Pattech Fitwell Tube Components IPO	Sotac Pharmaceuticals IPO
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De Neers Tools IPO	A G Universal IPO
Quicktouch Technologies IPO	Pattech Fitwell Tube Components IPO
Retina Paints IPO	Sancode Technologies IPO
A G Universal IPO	Exhicon Events IPO
Sancode Technologies IPO	MOS Utility IPO
Exhicon Events IPO	Infinium Pharmachem IPO
Sotac Pharmaceuticals IPO	Maiden Forgings IPO
MOS Utility IPO	Command Polymers IPO
Infinium Pharmachem IPO	Dev Labtech Venture IPO

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