Sahara Maritime IPO vs Supreme Power Equipment IPO

Comparision between Sahara Maritime IPO and Supreme Power Equipment IPO.

IPO Details

Sahara Maritime IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Supreme Power Equipment IPO is a SME Book Built Issue proposed to list at NSE SME.

	Sahara Maritime IPO	Supreme Power Equipment IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Swaraj shares and securities private limited	Narnolia Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Shreni Shares Limited	Share India Securities 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 Sahara Maritime IPO is up to ₹6.88 Cr whereas the issue size of the Supreme Power Equipment IPO is up to ₹46.67 Cr. The final issue price of Sahara Maritime IPO is ₹81.00 per share and of Supreme Power Equipment IPO is ₹65.00 per share.

	Sahara Maritime IPO	Supreme Power Equipment IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹61.00 per share
Issue Price (Upper)		₹65.00 per share
Issue Price (Final)	₹81.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	8,49,600 shares	71,80,000 shares
Fresh Issue Size (Amount)	up to ₹6.88 Cr	up to ₹46.67 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,49,600 shares	71,80,000 shares
Issue Size Total (Amount)	up to ₹6.88 Cr	up to ₹46.67 Cr

IPO Timetable

Sahara Maritime IPO opens on Dec 18, 2023, while Supreme Power Equipment IPO opens on Dec 21, 2023. The closing date of Sahara Maritime IPO and Supreme Power Equipment IPO is Dec 20, 2023, and Dec 26, 2023, respectively.

	Sahara Maritime IPO	Supreme Power Equipment IPO
Anchor Bid Date		Dec 20, 2023
Issue Open	Dec 18, 2023	Dec 21, 2023
Issue Close	Dec 20, 2023	Dec 26, 2023
Basis Of Allotment (Tentative)	Dec 21, 2023	Dec 27, 2023
Initiation of Refunds (Tentative)	Dec 22, 2023	Dec 28, 2023
Credit of Share (Tentative)	Dec 22, 2023	Dec 28, 2023
Listing date (Tentative)	Dec 26, 2023	Dec 29, 2023
Anchor Lockin End date 1	Jan 20, 2024	Jan 26, 2024
Anchor Lockin End date 2	Mar 20, 2024	Mar 26, 2024

Financials

Sahara Maritime IPO P/E ratio is 15.03, as compared to Supreme Power Equipment IPO P/E ratio of 10.69.

Sahara Maritime IPO

Supreme Power Equipment IPO

Financial

Sahara Maritime Limited Financial Information (Restated)

Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	880.95	964.52	733.57	535.74
Revenue	531.99	2,611.12	2,104.52	1,021.64
Profit After Tax	1.04	120.74	52.35	64.78
Net Worth	531.58	530.54	365.69	313.34
Reserves and Surplus	309.47	308.43	364.69	312.34
Total Borrowing	163.81	173.26	11.97	38.72
Amount in ₹ Lakhs

Supreme Power Equipment Limited Financial Information (Restated Consolidated)

Period Ended	31 Jul 2023	31 Mar 2023
Assets	9,187.16	6,901.04
Revenue	3,927.61	9,990.85
Profit After Tax	503.16	1,107.88
Net Worth	2,298.26	1,805.69
Reserves and Surplus	1,902.46	1,409.89
Total Borrowing	2,153.82	1,999.74
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

79.37%

Promoter Shareholding (Post-Issue)

72.32%

57.54%

P/E Ratio

15.03

10.69

Market Cap

₹24.87 Cr.

₹162.44 Cr.

ROE

26.72%%

59.88%%

ROCE

32.77%%

83.01%%

Debt/Equity

0.33

0.45

EPS

₹5.44

₹6.08

RoNW

22.76%%

59.88%%

Shares Offered

In the Sahara Maritime IPO retail investors (RII) are offered 4,03,200 shares while in Supreme Power Equipment IPO retail investors are offered 4,03,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sahara Maritime IPO and 12,50,000 shares in Supreme Power Equipment IPO.

	Sahara Maritime IPO	Supreme Power Equipment IPO
Anchor Investor Reserveration		18,70,000 shares
Market Maker Reserveration	43,200 shares	9,32,000 shares
QIB	0 shares	12,50,000 shares
NII	4,03,200 shares	9,40,000 shares
RII	4,03,200 shares	21,88,000 shares
Employee	0 shares	0 shares
Others
Total	8,06,400 shares	43,78,000 shares

Bids Received (Subscription)

Sahara Maritime IPO subscribed 22.67x in total, whereas Supreme Power Equipment IPO subscribed 262.60x.

	Sahara Maritime IPO	Supreme Power Equipment IPO
QIB (times)		88.98x
NII (times)	8.98x	489.10x
Big NII (times)
Small NII (times)
RII (times)	36.35x	264.48x
Employee (times)
Other (times)
Total (times)	22.67x	262.60x

Compare with others

Sahara Maritime IPO	Supreme Power Equipment IPO
Balaji Valve Components IPO	Kay Cee Energy & Infra IPO
AIK Pipes And Polymers IPO	Balaji Valve Components IPO
Indifra IPO	AIK Pipes And Polymers IPO
Sameera Agro IPO	Indifra IPO
Supreme Power Equipment IPO	Sameera Agro IPO
Electro Force India IPO	Sahara Maritime IPO
Trident Techlabs IPO	Electro Force India IPO
Shree OSFM E-Mobility IPO	Trident Techlabs IPO
Siyaram Recycling IPO	Shree OSFM E-Mobility IPO
Presstonic Engineering IPO	Siyaram Recycling IPO

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