Ceigall India IPO vs Sanstar IPO

Comparision between Ceigall India IPO and Sanstar IPO.

IPO Details

Ceigall India 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.

	Ceigall India 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	ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	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 Ceigall India IPO is up to ₹1,252.66 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Ceigall India IPO is ₹401.00 per share and of Sanstar IPO is ₹95.00 per share.

	Ceigall India IPO	Sanstar IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹380.00 per share	₹90.00 per share
Issue Price (Upper)	₹401.00 per share	₹95.00 per share
Issue Price (Final)	₹401.00 per share	₹95.00 per share
Discount (Retail)
Discount (Employee)	₹38.00 per share
Market Lot Size	37 shares	150 shares
Fresh Issue Size	1,70,63,640 shares	4,18,00,000 shares
Fresh Issue Size (Amount)	up to ₹684.25 Cr	up to ₹397.10 Cr
OFS Issue Size	1,41,74,840 shares	1,19,00,000 shares
OFS Issue Size (Amount)	up to ₹568.41 Cr	up to ₹113.05 Cr
Issue Size Total	3,12,38,480 shares	5,37,00,000 shares
Issue Size Total (Amount)	up to ₹1,252.66 Cr	up to ₹510.15 Cr

IPO Timetable

Ceigall India IPO opens on Aug 01, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Ceigall India IPO and Sanstar IPO is Aug 05, 2024, and Jul 23, 2024, respectively.

	Ceigall India IPO	Sanstar IPO
Anchor Bid Date	Jul 31, 2024	Jul 18, 2024
Issue Open	Aug 01, 2024	Jul 19, 2024
Issue Close	Aug 05, 2024	Jul 23, 2024
Basis Of Allotment (Tentative)	Aug 06, 2024	Jul 24, 2024
Initiation of Refunds (Tentative)	Aug 07, 2024	Jul 25, 2024
Credit of Share (Tentative)	Aug 07, 2024	Jul 25, 2024
Listing date (Tentative)	Aug 08, 2024	Jul 26, 2024
Anchor Lockin End date 1	Sep 04, 2024	Aug 23, 2024
Anchor Lockin End date 2	Nov 03, 2024	Oct 22, 2024

Financials

Ceigall India IPO P/E ratio is 20.67, as compared to Sanstar IPO P/E ratio of 19.98.

Ceigall India IPO

Sanstar IPO

Financial

Ceigall India Limited Financial Information (Restated Consolidated)

Ceigall India Limited's revenue increased by 46.92% and profit after tax (PAT) rose by 81.81% 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	2,592.19	1,827.82	959.14
Revenue	3,066.19	2,087.04	1,146.50
Profit After Tax	304.91	167.70	126.43
Net Worth	906.41	593.06	431.25
Total Borrowing	1,811.02	1,252.58	652.12
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)

99.99%

99.77%

Promoter Shareholding (Post-Issue)

82.06%

70.37%

P/E Ratio

20.67

19.98

Market Cap

₹6985.41 Cr.

₹1731.32 Cr.

ROE

33.57%%

30.92%%

ROCE

31.98%%

24.43%%

Debt/Equity

1.17

0.5

EPS

₹19.40

₹4.75

RoNW

33.57%%

30.92%%

Shares Offered

In the Ceigall India IPO retail investors (RII) are offered 1,09,16,012 shares while in Sanstar IPO retail investors are offered 1,09,16,012 shares. Qualified institutional buyers (QIB) are offered 62,37,721 shares in Ceigall India IPO and 1,07,40,000 shares in Sanstar IPO.

	Ceigall India IPO	Sanstar IPO
Anchor Investor Reserveration	93,56,581 shares	1,61,10,000 shares
Market Maker Reserveration
QIB	62,37,721 shares	1,07,40,000 shares
NII	46,78,291 shares	80,55,000 shares
RII	1,09,16,012 shares	1,87,95,000 shares
Employee	55,096 shares	0 shares
Others
Total	2,18,87,120 shares	3,75,90,000 shares

Bids Received (Subscription)

Ceigall India IPO subscribed 14.01x in total, whereas Sanstar IPO subscribed 82.99x.

	Ceigall India IPO	Sanstar IPO
QIB (times)	31.26x	145.68x
NII (times)	14.83x	136.49x
Big NII (times)	16.28x	149.44x
Small NII (times)	11.92x	110.61x
RII (times)	3.82x	24.23x
Employee (times)	11.84x
Other (times)
Total (times)	14.01x	82.99x

Compare with others

Ceigall India IPO	Sanstar IPO
Premier Energies IPO	Orient Technologies IPO
Interarch Building Products 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
Akums Drugs and Pharmaceuticals IPO	Bansal Wire IPO
Sanstar IPO	Emcure Pharma IPO
Bansal Wire IPO	OLA Electric IPO
Emcure Pharma IPO	Vraj Iron and Steel IPO
OLA Electric IPO	Aasaan Loans IPO

Comments

Add a public comment...