Sunita Tools IPO vs Techknowgreen Solutions IPO

Comparison between Sunita Tools IPO and Techknowgreen Solutions IPO.

IPO Details

Sunita Tools IPO is a SME Fixed Price IPO proposed to list at BSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Sunita Tools IPO is up to ₹20.91 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Sunita Tools IPO is ₹145.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.

 Sunita Tools IPOTechknowgreen Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹145.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1600 shares
Fresh Issue Size12,42,000 shares18,46,400 shares
Fresh Issue Size (Amount)up to ₹18.01 Crup to ₹15.88 Cr
OFS Issue Size2,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.90 Crup to ₹0.00 Cr
Issue Size Total14,42,000 shares18,46,400 shares
Issue Size Total (Amount)up to ₹20.91 Crup to ₹15.88 Cr

IPO Timetable

Sunita Tools IPO opens on Sep 26, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Sunita Tools IPO and Techknowgreen Solutions IPO is Oct 03, 2023, and Sep 21, 2023, respectively.

 Sunita Tools IPOTechknowgreen Solutions IPO
Issue OpenSep 26, 2023Sep 18, 2023
Issue CloseOct 03, 2023Sep 21, 2023
Basis Of Allotment (Tentative)Oct 04, 2023Sep 26, 2023
Initiation of Refunds (Tentative)Oct 05, 2023Sep 27, 2023
Credit of Share (Tentative)Oct 06, 2023Sep 28, 2023
Listing date (Tentative)Oct 11, 2023Sep 27, 2023

Financials & KPIs

Sunita Tools IPO P/E ratio is 16.88, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.

 Sunita Tools IPOTechknowgreen Solutions IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets25.3814.2313.52
Total Income14.178.896.92
Profit After Tax3.380.810.27
NET Worth3.21-2.67-3.48
Reserves and Surplus-1.10-4.48-5.29
Total Borrowing16.6012.4913.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets12.379.5411.82
Total Income14.869.997.85
Profit After Tax4.511.080.37
NET Worth6.343.562.96
Reserves and Surplus1.24-1.54-2.13
Total Borrowing2.872.864.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%89.02%
Promoter Shareholding (Post-Issue)72.98%65.58%
P/E Ratio16.889.71
Market Cap₹81.56 Cr.₹63.49 Cr.
ROE125988.57
ROCE36.7698.74
Debt/Equity5.170.45
EPS₹13.96₹8.86
RoNW105.3171.24

Shares Offered

In the Sunita Tools IPO Retail Individual Investors (RII) are offered 7,21,000 shares while in Techknowgreen Solutions IPO retail investors are offered 7,21,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sunita Tools IPO and in Techknowgreen Solutions IPO.

 Sunita Tools IPOTechknowgreen Solutions IPO
Anchor Investor Reservation0 shares
Market Maker Reservation78,000 shares97,600 shares
QIB0 shares
NII7,21,000 shares9,23,200 shares
RII7,21,000 shares9,23,200 shares
Employee0 shares
Total14,42,000 shares18,46,400 shares

Bids Received (Subscription)

Sunita Tools IPO subscribed 13.19x in total, whereas Techknowgreen Solutions IPO subscribed 12.45x.

 Sunita Tools IPOTechknowgreen Solutions IPO
NII (times)5.27x9.08x
RII (times)21.10x15.82x
Total (times)13.19x12.45x

Compare with others

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Sunita Tools IPO Vs Techknowgreen Solutions IPO