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Sai Swami Metals and Alloys IPO vs TGIF Agribusiness IPO

Comparision between Sai Swami Metals and Alloys IPO and TGIF Agribusiness IPO.

IPO Details

Sai Swami Metals and Alloys IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while TGIF Agribusiness IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Sai Swami Metals and Alloys IPO TGIF Agribusiness IPO
Logo Sai Swami Metals and Alloys IPO Logo TGIF Agribusiness IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At BSE SME BSE SME
Lead Managers Swastika Investmart Ltd Hem Securities Limited
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker Sunflower Broking Private Limited Hem Finlease Private 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 Sai Swami Metals and Alloys IPO is up to ₹15.00 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.39 Cr. The final issue price of Sai Swami Metals and Alloys IPO is ₹60.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.

  Sai Swami Metals and Alloys IPO TGIF Agribusiness IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹60.00 per share ₹93.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 1200 shares
Fresh Issue Size 25,00,000 shares 6,87,600 shares
Fresh Issue Size (Amount) up to ₹15.00 Cr up to ₹6.39 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 25,00,000 shares 6,87,600 shares
Issue Size Total (Amount) up to ₹15.00 Cr up to ₹6.39 Cr

IPO Timetable

Sai Swami Metals and Alloys IPO opens on Apr 30, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Sai Swami Metals and Alloys IPO and TGIF Agribusiness IPO is May 03, 2024, and May 10, 2024, respectively.

  Sai Swami Metals and Alloys IPO TGIF Agribusiness IPO
Anchor Bid Date
Issue Open Apr 30, 2024 May 08, 2024
Issue Close May 03, 2024 May 10, 2024
Basis Of Allotment (Tentative) May 06, 2024 May 13, 2024
Initiation of Refunds (Tentative) May 07, 2024 May 14, 2024
Credit of Share (Tentative) May 07, 2024 May 14, 2024
Listing date (Tentative) May 08, 2024 May 15, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Sai Swami Metals and Alloys IPO P/E ratio is 11.34, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.

  Sai Swami Metals and Alloys IPO TGIF Agribusiness IPO
Financial

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets2,617.312,583.16
Revenue3,333.86626.76
Profit After Tax179.523.83
Net Worth664.4735.32
Reserves and Surplus252.7034.32
Total Borrowing743.16610.23
Amount in ₹ Lakhs

TGIF Agribusiness Limited Financial Information (Restated)

TGIF Agribusiness Limited's revenue increased by 12.14% and profit after tax (PAT) rose by 12.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets282.32187.5265.33291.62
Revenue171.79232.28207.14181.59
Profit After Tax81.41130.07115.4838.18
Net Worth190.00175.8945.82257.91
Total Borrowing67.30
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 99.88% 99.80%
Promoter Shareholding (Post-Issue) 62.15% 73.28%
P/E Ratio 11.34 13.58
Market Cap ₹39.71 Cr. ₹24.06 Cr.
ROE
ROCE
Debt/Equity
EPS ₹5.29 ₹6.85
RoNW 27.02%% 42.85%

Shares Offered

In the Sai Swami Metals and Alloys IPO retail investors (RII) are offered 11,86,000 shares while in TGIF Agribusiness IPO retail investors are offered 11,86,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sai Swami Metals and Alloys IPO and 0 shares in TGIF Agribusiness IPO.

  Sai Swami Metals and Alloys IPO TGIF Agribusiness IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,28,000 shares 34,800 shares
QIB 0 shares 0 shares
NII 11,86,000 shares 3,26,400 shares
RII 11,86,000 shares 3,26,400 shares
Employee 0 shares 0 shares
Others
Total 23,72,000 shares 6,52,800 shares

Bids Received (Subscription)

Sai Swami Metals and Alloys IPO subscribed 543.72x in total, whereas TGIF Agribusiness IPO subscribed 37.13x.

  Sai Swami Metals and Alloys IPO TGIF Agribusiness IPO
QIB (times)
NII (times) 533.83x 35.35x
Big NII (times)
Small NII (times)
RII (times) 529.01x 32.92x
Employee (times)
Other (times)
Total (times) 543.72x 37.13x

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