Ambey Laboratories IPO vs Sahaj Solar IPO

Comparision between Ambey Laboratories IPO and Sahaj Solar IPO.

IPO Details

Ambey Laboratories IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sahaj Solar IPO is a SME Book Built Issue proposed to list at NSE SME.

	Ambey Laboratories IPO	Sahaj Solar IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Kunvarji Finstock Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Aftertrade Broking Pvt Ltd
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ambey Laboratories IPO is up to ₹44.68 Cr whereas the issue size of the Sahaj Solar IPO is up to ₹52.56 Cr. The final issue price of Ambey Laboratories IPO is ₹68.00 per share and of Sahaj Solar IPO is ₹180.00 per share.

	Ambey Laboratories IPO	Sahaj Solar IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹65.00 per share	₹171.00 per share
Issue Price (Upper)	₹68.00 per share	₹180.00 per share
Issue Price (Final)	₹68.00 per share	₹180.00 per share
Discount (Retail)
Discount (Employee)		₹15.00 per share
Market Lot Size	2000 shares	800 shares
Fresh Issue Size	62,58,000 shares	29,20,000 shares
Fresh Issue Size (Amount)	up to ₹42.55 Cr	up to ₹52.56 Cr
OFS Issue Size	3,12,000 shares
OFS Issue Size (Amount)	up to ₹2.12 Cr
Issue Size Total	65,70,000 shares	29,20,000 shares
Issue Size Total (Amount)	up to ₹44.68 Cr	up to ₹52.56 Cr

IPO Timetable

Ambey Laboratories IPO opens on Jul 04, 2024, while Sahaj Solar IPO opens on Jul 11, 2024. The closing date of Ambey Laboratories IPO and Sahaj Solar IPO is Jul 08, 2024, and Jul 15, 2024, respectively.

	Ambey Laboratories IPO	Sahaj Solar IPO
Anchor Bid Date	Jul 03, 2024	Jul 10, 2024
Issue Open	Jul 04, 2024	Jul 11, 2024
Issue Close	Jul 08, 2024	Jul 15, 2024
Basis Of Allotment (Tentative)	Jul 09, 2024	Jul 16, 2024
Initiation of Refunds (Tentative)	Jul 10, 2024	Jul 18, 2024
Credit of Share (Tentative)	Jul 10, 2024	Jul 18, 2024
Listing date (Tentative)	Jul 11, 2024	Jul 19, 2024
Anchor Lockin End date 1	Aug 08, 2024	Aug 15, 2024
Anchor Lockin End date 2	Oct 07, 2024	Oct 14, 2024

Financials

Ambey Laboratories IPO P/E ratio is 27.81, as compared to Sahaj Solar IPO P/E ratio of 10.86.

Ambey Laboratories IPO

Sahaj Solar IPO

Financial

Ambey Laboratories Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,620.84	5,761.85	5,592.94	4,461.80
Revenue	10,043.69	10,743.47	8,511.19	8,241.54
Profit After Tax	607.73	456.93	357.47	1,033.67
Net Worth	3,431.34	2,363.60	1,906.67	-786.39
Reserves and Surplus	1,562.46	588.66	131.73	-1,275.74
Total Borrowing	2,005.44	1,365.22	1,804.86	3,292.98
Amount in ₹ Lakhs

Sahaj Solar Limited Financial Information (Restated Consolidated)

Sahaj Solar Limited's revenue increased by 8.56% and profit after tax (PAT) rose by 106.25% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,936.40	9,081.50	6,103.22	3,463.94
Revenue	20,171.55	18,580.48	6,728.95	6,218.78
Profit After Tax	1,337.29	648.37	102.50	70.58
Net Worth	3,293.12	1,637.30	1,002.05	922.01
Reserves and Surplus	2,496.78	859.22	479.99	405.40
Total Borrowing	5,680.86	1,361.97	1,711.35	1,502.87
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

94.97%

97.09%

Promoter Shareholding (Post-Issue)

69.90%

71.28%

P/E Ratio

27.81

10.86

Market Cap

₹171.64 Cr.

₹197.75 Cr.

ROE

20.80%%

39.96%%

ROCE

13.14%%

26.47%%

Debt/Equity

0.58

EPS

₹2.44

₹16.58

RoNW

20.80%%

39.96%%

Shares Offered

In the Ambey Laboratories IPO retail investors (RII) are offered 21,84,000 shares while in Sahaj Solar IPO retail investors are offered 21,84,000 shares. Qualified institutional buyers (QIB) are offered 12,52,000 shares in Ambey Laboratories IPO and 5,50,400 shares in Sahaj Solar IPO.

	Ambey Laboratories IPO	Sahaj Solar IPO
Anchor Investor Reserveration	18,72,000 shares	8,24,000 shares
Market Maker Reserveration	3,30,000 shares	1,46,400 shares
QIB	12,52,000 shares	5,50,400 shares
NII	6,06,001 shares	4,12,800 shares
RII	21,84,000 shares	9,62,400 shares
Employee	0 shares	0 shares
Others
Total	40,42,001 shares	19,49,600 shares

Bids Received (Subscription)

Ambey Laboratories IPO subscribed 173.18x in total, whereas Sahaj Solar IPO subscribed 507.21x.

	Ambey Laboratories IPO	Sahaj Solar IPO
QIB (times)	61.90x	214.27x
NII (times)	324.22x	862.35x
Big NII (times)
Small NII (times)
RII (times)	195.06x	535.03x
Employee (times)
Other (times)
Total (times)	173.18x	507.21x

Compare with others

Ambey Laboratories IPO	Sahaj Solar IPO
Sati Poly Plast IPO	SAR Televenture FPO
Sahaj Solar IPO	Tunwal E-Motors IPO
Aelea Commodities IPO	Three M Paper Boards IPO
Ganesh Green Bharat IPO	Prizor Viztech IPO
Effwa Infra and Research IPO	Sati Poly Plast IPO
Nephro Care India IPO	Aelea Commodities IPO
Diensten Tech IPO	Ganesh Green Bharat IPO
Visaman Global Sales IPO	Effwa Infra and Research IPO
Mason Infratech IPO	Ambey Laboratories IPO
Petro Carbon and Chemicals IPO	Nephro Care India IPO

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