FREE Account Opening + No Clearing Fees
Loading...

Saraswati Saree Depot IPO vs Updater Services IPO

Comparision between Saraswati Saree Depot IPO and Updater Services IPO.

IPO Details

Saraswati Saree Depot IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Updater Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

  Saraswati Saree Depot IPO Updater Services IPO
Logo Saraswati Saree Depot IPO Logo Updater Services IPO Logo
Issue Category Mainline Mainline
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At BSE, NSE BSE, NSE
Lead Managers Unistone Capital Pvt Ltd Iifl Securities Ltd

Motilal Oswal Investment Advisors Limited

SBI Capital Markets Limited
Registrar Bigshare Services Pvt Ltd Link Intime India Private Ltd
Market Maker
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 Saraswati Saree Depot IPO is up to ₹160.01 Cr whereas the issue size of the Updater Services IPO is up to ₹640.00 Cr. The final issue price of Saraswati Saree Depot IPO is ₹160.00 per share and of Updater Services IPO is ₹300.00 per share.

  Saraswati Saree Depot IPO Updater Services IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹152.00 per share ₹280.00 per share
Issue Price (Upper) ₹160.00 per share ₹300.00 per share
Issue Price (Final) ₹160.00 per share ₹300.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 90 shares 50 shares
Fresh Issue Size 64,99,800 shares 1,33,33,333 shares
Fresh Issue Size (Amount) up to ₹104.00 Cr up to ₹400.00 Cr
OFS Issue Size 35,01,000 shares 80,00,000 shares
OFS Issue Size (Amount) up to ₹56.02 Cr up to ₹240.00 Cr
Issue Size Total 1,00,00,800 shares 2,13,33,333 shares
Issue Size Total (Amount) up to ₹160.01 Cr up to ₹640.00 Cr

IPO Timetable

Saraswati Saree Depot IPO opens on Aug 12, 2024, while Updater Services IPO opens on Sep 25, 2023. The closing date of Saraswati Saree Depot IPO and Updater Services IPO is Aug 14, 2024, and Sep 27, 2023, respectively.

  Saraswati Saree Depot IPO Updater Services IPO
Anchor Bid Date Aug 09, 2024 Sep 22, 2023
Issue Open Aug 12, 2024 Sep 25, 2023
Issue Close Aug 14, 2024 Sep 27, 2023
Basis Of Allotment (Tentative) Aug 16, 2024 Sep 28, 2023
Initiation of Refunds (Tentative) Aug 19, 2024 Sep 29, 2023
Credit of Share (Tentative) Aug 19, 2024 Oct 03, 2023
Listing date (Tentative) Aug 20, 2024 Oct 04, 2023
Anchor Lockin End date 1 Sep 15, 2024 Oct 28, 2023
Anchor Lockin End date 2 Nov 14, 2024 Dec 27, 2023

Financials

Saraswati Saree Depot IPO P/E ratio is 17.94, as compared to Updater Services IPO P/E ratio of 44.31.

  Saraswati Saree Depot IPO Updater Services IPO
Financial

Saraswati Saree Depot Limited Financial Information (Restated Consolidated)

Saraswati Saree Depot Limited's revenue increased by 2% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets205.94188.85169.93
Revenue612.58603.52550.31
Profit After Tax29.5322.9712.31
Net Worth64.9135.3812.41
Total Borrowing43.4941.4366.62
Amount in ₹ Crore
Updater Services IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets579.49874.571,216.95
Revenue1,216.351,497.892,112.09
Profit After Tax47.5657.3734.61
Net Worth285.26340.43380.89
Reserves and Surplus
Total Borrowing11.6158.68176.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue) 100% 80.58%
Promoter Shareholding (Post-Issue) 74.75% 58.47%
P/E Ratio 17.94 44.31
Market Cap ₹633.60 Cr. ₹2001.00 Cr.
ROE 58.88% 9.40%%
ROCE 64.46% 14.17%%
Debt/Equity 0.67 0.46
EPS ₹8.92 ₹6.77
RoNW 45.49% 9.34%%

Shares Offered

In the Saraswati Saree Depot IPO retail investors (RII) are offered 35,00,280 shares while in Updater Services IPO retail investors are offered 35,00,280 shares. Qualified institutional buyers (QIB) are offered 50,00,400 shares in Saraswati Saree Depot IPO and 64,00,000 shares in Updater Services IPO.

  Saraswati Saree Depot IPO Updater Services IPO
Anchor Investor Reserveration 96,00,000 shares
Market Maker Reserveration
QIB 50,00,400 shares 64,00,000 shares
NII 15,00,120 shares 32,00,000 shares
RII 35,00,280 shares 21,33,333 shares
Employee 0 shares 0 shares
Others
Total 1,00,00,800 shares 1,17,33,333 shares

Bids Received (Subscription)

Saraswati Saree Depot IPO subscribed 107.39x in total, whereas Updater Services IPO subscribed 2.96x.

  Saraswati Saree Depot IPO Updater Services IPO
QIB (times) 64.12x 4.50x
NII (times) 358.47x 0.89x
Big NII (times) 389.28x 1.07x
Small NII (times) 296.85x 0.53x
RII (times) 61.59x 1.45x
Employee (times)
Other (times)
Total (times) 107.39x 2.96x

Comments

Add a public comment...