Pramara Promotions IPO vs Sungarner Energies IPO

Comparison between Pramara Promotions IPO and Sungarner Energies IPO.

IPO Details

Pramara Promotions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Pramara Promotions IPO is up to ₹14.49 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Pramara Promotions IPO is ₹63.00 per share and of Sungarner Energies IPO is ₹83.00 per share.

 Pramara Promotions IPOSungarner Energies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹63.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size23,00,000 shares5,82,400 shares
Fresh Issue Size (Amount)up to ₹14.49 Crup to ₹4.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,00,000 shares5,82,400 shares
Issue Size Total (Amount)up to ₹14.49 Crup to ₹4.83 Cr

IPO Timetable

Pramara Promotions IPO opens on Sep 01, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Pramara Promotions IPO and Sungarner Energies IPO is Sep 05, 2023, and Aug 23, 2023, respectively.

 Pramara Promotions IPOSungarner Energies IPO
Issue OpenSep 01, 2023Aug 21, 2023
Issue CloseSep 05, 2023Aug 23, 2023
Basis Of Allotment (Tentative)Sep 08, 2023Aug 28, 2023
Initiation of Refunds (Tentative)Sep 11, 2023Aug 29, 2023
Credit of Share (Tentative)Sep 12, 2023Aug 30, 2023
Listing date (Tentative)Sep 13, 2023Aug 31, 2023

Financials & KPIs

Pramara Promotions IPO P/E ratio is , as compared to Sungarner Energies IPO P/E ratio of 13.07.

 Pramara Promotions IPOSungarner Energies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets61.3961.9549.23
Total Income51.1949.4340.96
Profit After Tax2.231.350.33
NET Worth15.9713.7412.35
Reserves and Surplus9.4412.5411.15
Total Borrowing33.3131.3430.33
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets10.155.363.18
Total Income17.657.985.36
Profit After Tax0.740.580.16
NET Worth3.211.560.99
Reserves and Surplus1.531.100.52
Total Borrowing4.242.271.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.41%84.94%
Promoter Shareholding (Post-Issue)69.81%61.49%
P/E Ratio13.07
Market Cap₹56.92 Cr.₹19.25 Cr.
ROE13.8731.17
ROCE15.2025.28
Debt/Equity2.071.32
EPS₹3.37₹6.35
RoNW13.8723.18

Shares Offered

In the Pramara Promotions IPO Retail Individual Investors (RII) are offered 11,50,000 shares while in Sungarner Energies IPO retail investors are offered 11,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Pramara Promotions IPO and in Sungarner Energies IPO.

 Pramara Promotions IPOSungarner Energies IPO
Market Maker Reservation1,24,000 shares57,600 shares
NII11,50,000 shares2,91,200 shares
RII11,50,000 shares2,91,200 shares
Total23,00,000 shares5,82,400 shares

Bids Received (Subscription)

Pramara Promotions IPO subscribed 25.56x in total, whereas Sungarner Energies IPO subscribed 151.76x.

 Pramara Promotions IPOSungarner Energies IPO
NII (times)33.99x110.59x
RII (times)17.14x192.93x
Total (times)25.56x151.76x

Compare with others

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Pramara Promotions IPO Vs Sungarner Energies IPO