Sahaj Fashions IPO vs Sungarner Energies IPO

Comparision between Sahaj Fashions IPO and Sungarner Energies IPO.

IPO Details

Sahaj Fashions IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sungarner Energies IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Sahaj Fashions IPO	Sungarner Energies 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	Khambatta Securities Limited	Fast Track Finsec Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Nnm Securities Private Limited	Nikunj Stock Brokers Limited
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 Sahaj Fashions IPO is up to ₹13.96 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹5.31 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Sungarner Energies IPO is ₹83.00 per share.

	Sahaj Fashions IPO	Sungarner Energies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹83.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size	44,76,000 shares	6,40,000 shares
Fresh Issue Size (Amount)	up to ₹13.43 Cr	up to ₹5.31 Cr
OFS Issue Size	1,76,000 shares
OFS Issue Size (Amount)	up to ₹0.53 Cr
Issue Size Total	46,52,000 shares	6,40,000 shares
Issue Size Total (Amount)	up to ₹13.96 Cr	up to ₹5.31 Cr

IPO Timetable

Sahaj Fashions IPO opens on Aug 25, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Sahaj Fashions IPO and Sungarner Energies IPO is Aug 29, 2023, and Aug 23, 2023, respectively.

	Sahaj Fashions IPO	Sungarner Energies IPO
Anchor Bid Date
Issue Open	Aug 25, 2023	Aug 21, 2023
Issue Close	Aug 29, 2023	Aug 23, 2023
Basis Of Allotment (Tentative)	Sep 01, 2023	Aug 28, 2023
Initiation of Refunds (Tentative)	Sep 04, 2023	Aug 29, 2023
Credit of Share (Tentative)	Sep 05, 2023	Aug 30, 2023
Listing date (Tentative)	Sep 06, 2023	Aug 31, 2023
Anchor Lockin End date 1	Oct 01, 2023	Sep 27, 2023
Anchor Lockin End date 2	Nov 30, 2023	Nov 26, 2023

Financials

Sahaj Fashions IPO P/E ratio is , as compared to Sungarner Energies IPO P/E ratio of 13.07.

Sahaj Fashions IPO

Sungarner Energies IPO

Financial

Sahaj Fashions IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	28 Feb 2023
Assets	6,476.39	6,711.73	6,998.59	7,179.34
Revenue	9,933.61	7,475.54	8,698.36	9,101.07
Profit After Tax	27.19	31.90	42.64	288.71
Net Worth	1,361.63	1,393.53	1,435.78	1,724.07
Reserves and Surplus	620.41	652.32	694.56	982.85
Total Borrowing	1,019.03	1,608.65	1,795.46	1,519.24

Amount in ₹ Lakhs

Sungarner Energies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	318.19	536.27	1,014.67
Revenue	536.43	797.66	1,765.33
Profit After Tax	15.72	57.50	74.31
Net Worth	98.73	156.23	320.54
Reserves and Surplus	52.23	109.73	152.66
Total Borrowing	103.78	226.62	424.11

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.95%

84.94%

Promoter Shareholding (Post-Issue)

61.49%

P/E Ratio

13.07

Market Cap

₹39.50 Cr.

₹19.25 Cr.

ROE

31.17%%

ROCE

25.28%%

Debt/Equity

1.32

EPS

₹6.35

RoNW

23.18%%

Shares Offered

In the Sahaj Fashions IPO retail investors (RII) are offered 22,08,000 shares while in Sungarner Energies IPO retail investors are offered 22,08,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sahaj Fashions IPO and 0 shares in Sungarner Energies IPO.

	Sahaj Fashions IPO	Sungarner Energies IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,36,000 shares	57,600 shares
QIB	0 shares	0 shares
NII	22,08,000 shares	2,91,200 shares
RII	22,08,000 shares	2,91,200 shares
Employee	0 shares	0 shares
Others
Total	44,16,000 shares	5,82,400 shares

Bids Received (Subscription)

Sahaj Fashions IPO subscribed 7.75x in total, whereas Sungarner Energies IPO subscribed 152.40x.

	Sahaj Fashions IPO	Sungarner Energies IPO
QIB (times)
NII (times)	3.78x	110.59x
Big NII (times)
Small NII (times)
RII (times)	11.72x	192.93x
Employee (times)
Other (times)
Total (times)	7.75x	152.40x

Compare with others

Sahaj Fashions IPO	Sungarner Energies IPO
Saroja Pharma Industries IPO	Pramara Promotions IPO
Basilic Fly Studio IPO	Saroja Pharma Industries IPO
C P S Shapers IPO	Basilic Fly Studio IPO
Mono Pharmacare IPO	C P S Shapers IPO
Sungarner Energies IPO	Mono Pharmacare IPO
Shoora Designs IPO	Sahaj Fashions IPO
Bondada Engineering IPO	Shoora Designs IPO
Crop Life Science IPO	Bondada Engineering IPO
Shelter Pharma IPO	Crop Life Science IPO
Sangani Hospitals IPO	Shelter Pharma IPO

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