Chetana Education IPO vs S A Tech Software India IPO

Comparision between Chetana Education IPO and S A Tech Software India IPO.

IPO Details

Chetana Education IPO is a SME Book Built Issue IPO proposed to list at NSE SME while S A Tech Software India IPO is a SME Book Built Issue proposed to list at NSE SME.

	Chetana Education IPO	S A Tech Software India 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	Hem Securities Limited	GYR Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Giriraj Stock Broking Private Limited
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 Chetana Education IPO is up to ₹45.90 Cr whereas the issue size of the S A Tech Software India IPO is up to ₹23.01 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of S A Tech Software India IPO is ₹59.00 per share.

	Chetana Education IPO	S A Tech Software India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹56.00 per share
Issue Price (Upper)	₹85.00 per share	₹59.00 per share
Issue Price (Final)	₹85.00 per share	₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	54,00,000 shares	39,00,000 shares
Fresh Issue Size (Amount)	up to ₹45.90 Cr	up to ₹23.01 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,00,000 shares	39,00,000 shares
Issue Size Total (Amount)	up to ₹45.90 Cr	up to ₹23.01 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while S A Tech Software India IPO opens on Jul 26, 2024. The closing date of Chetana Education IPO and S A Tech Software India IPO is Jul 26, 2024, and Jul 30, 2024, respectively.

	Chetana Education IPO	S A Tech Software India IPO
Anchor Bid Date	Jul 23, 2024	Jul 25, 2024
Issue Open	Jul 24, 2024	Jul 26, 2024
Issue Close	Jul 26, 2024	Jul 30, 2024
Basis Of Allotment (Tentative)	Jul 29, 2024	Jul 31, 2024
Initiation of Refunds (Tentative)	Jul 30, 2024	Aug 01, 2024
Credit of Share (Tentative)	Jul 30, 2024	Aug 01, 2024
Listing date (Tentative)	Jul 31, 2024	Aug 02, 2024
Anchor Lockin End date 1	Aug 28, 2024	Aug 30, 2024
Anchor Lockin End date 2	Oct 27, 2024	Oct 29, 2024

Financials

Chetana Education IPO P/E ratio is 10.59, as compared to S A Tech Software India IPO P/E ratio of 14.65.

Chetana Education IPO

S A Tech Software India IPO

Financial

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% 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	9,475.09	8,315.08	7,605.82	6,825.10
Revenue	9,367.06	7,560.77	4,312.21	3,270.96
Profit After Tax	1,203.47	685.47	168.06	280.30
Net Worth	2,524.55	2,281.92	1,947.33	2,091.10
Reserves and Surplus	1,024.55
Total Borrowing	5,128.73	4,299.50	3,876.03	3,487.85
Amount in ₹ Lakhs

S A Tech Software India Limited Financial Information (Restated)

S A Tech Software India Limited's revenue increased by 27.59% and profit after tax (PAT) rose by 266.7% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,703.23	3,706.06	3,465.95	3,229.19
Revenue	2,397.18	7,238.12	5,673.05	4,154.37
Profit After Tax	248.07	368.86	100.59	-548.25
Net Worth	1,414.43	1,166.35	772.48	663.89
Reserves and Surplus	498.70	250.62	729.50	620.91
Total Borrowing	2,105.22	1,288.12	1,459.18	1,959.34
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

79.27%

Promoter Shareholding (Post-Issue)

73.53%

P/E Ratio

10.59

14.65

Market Cap

₹173.40 Cr.

₹77.04 Cr.

ROE

50.08%%

ROCE

26.87%%

10.95%%

Debt/Equity

1.49

EPS

₹8.02

₹4.03

RoNW

47.67%%

17.54%%

Shares Offered

In the Chetana Education IPO retail investors (RII) are offered 17,95,200 shares while in S A Tech Software India IPO retail investors are offered 17,95,200 shares. Qualified institutional buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 7,24,000 shares in S A Tech Software India IPO.

	Chetana Education IPO	S A Tech Software India IPO
Anchor Investor Reserveration	15,36,000 shares	10,82,000 shares
Market Maker Reserveration	2,73,600 shares	2,84,000 shares
QIB	10,25,600 shares	7,24,000 shares
NII	7,69,600 shares	5,44,000 shares
RII	17,95,200 shares	12,66,000 shares
Employee	0 shares	0 shares
Others
Total	35,90,400 shares	25,34,000 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas S A Tech Software India IPO subscribed 621.25x.

	Chetana Education IPO	S A Tech Software India IPO
QIB (times)	101.22x	201.29x
NII (times)	468.42x	1,178.97x
Big NII (times)
Small NII (times)
RII (times)	135.11x	621.77x
Employee (times)
Other (times)
Total (times)	196.87x	621.25x

Compare with others

Chetana Education IPO	S A Tech Software India IPO
Trom Industries IPO	Rajputana Industries IPO
Esprit Stones IPO	Bulkcorp IPO
S A Tech Software India IPO	Sathlokhar Synergys E&C Global IPO
Aprameya Engineering IPO	Trom Industries IPO
Manglam Infra And Engineering IPO	Esprit Stones IPO
Clinitech Laboratory IPO	Aprameya Engineering IPO
VVIP Infratech IPO	Manglam Infra And Engineering IPO
V.L.Infraprojects IPO	Chetana Education IPO
RNFI Services IPO	Clinitech Laboratory IPO
Macobs Technologies IPO	VVIP Infratech IPO

Comments

Add a public comment...