Baba Food Processing IPO vs Sunrest Lifescience IPO

Comparision between Baba Food Processing IPO and Sunrest Lifescience IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sunrest Lifescience IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Baba Food Processing IPO	Sunrest Lifescience IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Mark Corporate Advisors Private Limited
Registrar	Mas Services Limited	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Svcm Securities 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 Baba Food Processing IPO is up to ₹33.00 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.85 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.

	Baba Food Processing IPO	Sunrest Lifescience IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹72.00 per share
Issue Price (Upper)	₹76.00 per share
Issue Price (Final)	₹76.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	43,42,105 shares	12,91,200 shares
Fresh Issue Size (Amount)	up to ₹33.00 Cr	up to ₹10.85 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	43,42,105 shares	12,91,200 shares
Issue Size Total (Amount)	up to ₹33.00 Cr	up to ₹10.85 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of Baba Food Processing IPO and Sunrest Lifescience IPO is Nov 07, 2023, and Nov 09, 2023, respectively.

	Baba Food Processing IPO	Sunrest Lifescience IPO
Anchor Bid Date
Issue Open	Nov 03, 2023	Nov 07, 2023
Issue Close	Nov 07, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 13, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 15, 2023	Nov 17, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 20, 2023
Anchor Lockin End date 1	Dec 10, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 08, 2024	Feb 13, 2024

Financials

Baba Food Processing IPO P/E ratio is , as compared to Sunrest Lifescience IPO P/E ratio of 12.33.

Baba Food Processing IPO

Sunrest Lifescience IPO

Financial

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,980.33	6,811.54	5,467.80	4,583.95
Revenue	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,706.28	1,671.37	1,301.97	948.15
Revenue	563.58	2,467.05	2,690.99	1,694.91
Profit After Tax	75.08	204.31	77.71	16.55
Net Worth	386.60	311.52	107.20	29.49
Reserves and Surplus	86.60	11.52	106.20	28.49
Total Borrowing	347.32	214.32	323.83	231.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

100%

Promoter Shareholding (Post-Issue)

69.91%

P/E Ratio

12.33

Market Cap

₹124.20 Cr.

₹36.05 Cr.

ROE

20.14%%

53%%

ROCE

15.81%%

98%%

Debt/Equity

0.64

EPS

₹4.20

₹6.81

RoNW

20.14%%

65.59%%

Shares Offered

In the Baba Food Processing IPO retail investors (RII) are offered 28,35,200 shares while in Sunrest Lifescience IPO retail investors are offered 28,35,200 shares. Qualified institutional buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 0 shares in Sunrest Lifescience IPO.

	Baba Food Processing IPO	Sunrest Lifescience IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,17,600 shares	65,600 shares
QIB	80,000 shares	0 shares
NII	11,93,600 shares	6,12,800 shares
RII	28,35,200 shares	6,12,800 shares
Employee	0 shares	0 shares
Others
Total	41,08,800 shares	12,25,600 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.

	Baba Food Processing IPO	Sunrest Lifescience IPO
QIB (times)	147.02x
NII (times)	84.73x	29.17x
Big NII (times)
Small NII (times)
RII (times)	60.82x	65.74x
Employee (times)
Other (times)
Total (times)	69.44x	48.54x

Compare with others

Baba Food Processing IPO	Sunrest Lifescience IPO
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Sunrest Lifescience IPO	Kalyani Cast Tech IPO
Sheetal Universal IPO	ROX Hi-Tech IPO
Micropro Software Solutions IPO	Sheetal Universal IPO
SAR Televenture IPO	Baba Food Processing IPO
Vrundavan Plantation IPO	Micropro Software Solutions IPO
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KK Shah Hospitals IPO	Vrundavan Plantation IPO

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