Bansal Wire IPO vs Sanstar IPO

Comparision between Bansal Wire IPO and Sanstar IPO.

IPO Details

Bansal Wire IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bansal Wire IPO	Sanstar 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	SBI Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)	Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
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 Bansal Wire IPO is up to ₹745.00 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Bansal Wire IPO is ₹256.00 per share and of Sanstar IPO is ₹95.00 per share.

	Bansal Wire IPO	Sanstar IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹243.00 per share	₹90.00 per share
Issue Price (Upper)	₹256.00 per share	₹95.00 per share
Issue Price (Final)	₹256.00 per share	₹95.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	58 shares	150 shares
Fresh Issue Size	2,91,01,562 shares	4,18,00,000 shares
Fresh Issue Size (Amount)	up to ₹745.00 Cr	up to ₹397.10 Cr
OFS Issue Size		1,19,00,000 shares
OFS Issue Size (Amount)		up to ₹113.05 Cr
Issue Size Total	2,91,01,562 shares	5,37,00,000 shares
Issue Size Total (Amount)	up to ₹745.00 Cr	up to ₹510.15 Cr

IPO Timetable

Bansal Wire IPO opens on Jul 03, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Bansal Wire IPO and Sanstar IPO is Jul 05, 2024, and Jul 23, 2024, respectively.

	Bansal Wire IPO	Sanstar IPO
Anchor Bid Date	Jul 02, 2024	Jul 18, 2024
Issue Open	Jul 03, 2024	Jul 19, 2024
Issue Close	Jul 05, 2024	Jul 23, 2024
Basis Of Allotment (Tentative)	Jul 08, 2024	Jul 24, 2024
Initiation of Refunds (Tentative)	Jul 09, 2024	Jul 25, 2024
Credit of Share (Tentative)	Jul 09, 2024	Jul 25, 2024
Listing date (Tentative)	Jul 10, 2024	Jul 26, 2024
Anchor Lockin End date 1	Aug 07, 2024	Aug 23, 2024
Anchor Lockin End date 2	Oct 06, 2024	Oct 22, 2024

Financials

Bansal Wire IPO P/E ratio is 41.41, as compared to Sanstar IPO P/E ratio of 19.98.

Bansal Wire IPO

Sanstar IPO

Financial

Bansal Wire Industries Limited Financial Information (Restated)

Bansal Wire Industries Limited's revenue increased by 1.99% and profit after tax (PAT) rose by 31.48% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,264.01	749.05	695.48
Revenue	2,470.89	2,422.57	2,205.07
Profit After Tax	78.80	59.93	57.29
Net Worth	422.37	282.51	223.01
Reserves and Surplus	358.64	273.41	213.91
Total Borrowing	681.14	422.19	413.15
Amount in ₹ Crore

Sanstar Limited Financial Information (Restated Consolidated)

Sanstar Limited's revenue decreased by -10.58% and profit after tax (PAT) rose by 59.71% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	527.57	368.35	207.45
Revenue	1,081.68	1,209.67	504.77
Profit After Tax	66.77	41.81	15.92
Net Worth	215.91	149.28	48.97
Reserves and Surplus	225.18	158.41	55.69
Total Borrowing	127.64	111.70	85.22
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

73.60%

99.77%

Promoter Shareholding (Post-Issue)

59.92%

70.37%

P/E Ratio

41.41

19.98

Market Cap

₹4007.83 Cr.

₹1731.32 Cr.

ROE

21.19%%

30.92%%

ROCE

18.46%%

24.43%%

Debt/Equity

1.48

0.5

EPS

₹6.18

₹4.75

RoNW

18.27%%

30.92%%

Shares Offered

In the Bansal Wire IPO retail investors (RII) are offered 1,01,85,547 shares while in Sanstar IPO retail investors are offered 1,01,85,547 shares. Qualified institutional buyers (QIB) are offered 58,20,313 shares in Bansal Wire IPO and 1,07,40,000 shares in Sanstar IPO.

	Bansal Wire IPO	Sanstar IPO
Anchor Investor Reserveration	87,30,468 shares	1,61,10,000 shares
Market Maker Reserveration
QIB	58,20,313 shares	1,07,40,000 shares
NII	43,65,234 shares	80,55,000 shares
RII	1,01,85,547 shares	1,87,95,000 shares
Employee	0 shares	0 shares
Others
Total	2,03,71,094 shares	3,75,90,000 shares

Bids Received (Subscription)

Bansal Wire IPO subscribed 62.76x in total, whereas Sanstar IPO subscribed 82.99x.

	Bansal Wire IPO	Sanstar IPO
QIB (times)	153.86x	145.68x
NII (times)	54.21x	136.49x
Big NII (times)	55.27x	149.44x
Small NII (times)	52.11x	110.61x
RII (times)	14.37x	24.23x
Employee (times)
Other (times)
Total (times)	62.76x	82.99x

Compare with others

Bansal Wire IPO	Sanstar IPO
Unicommerce eSolutions IPO	Orient Technologies IPO
Brainbees Solutions (Firstcry) IPO	Unicommerce eSolutions IPO
Ceigall India IPO	Brainbees Solutions (Firstcry) IPO
Akums Drugs and Pharmaceuticals IPO	Ceigall India IPO
Sanstar IPO	Akums Drugs and Pharmaceuticals IPO
Emcure Pharma IPO	Bansal Wire IPO
OLA Electric IPO	Emcure Pharma IPO
Vraj Iron and Steel IPO	OLA Electric IPO
Aasaan Loans IPO	Vraj Iron and Steel IPO
Stanley Lifestyles IPO	Aasaan Loans IPO

Comments

Add a public comment...