Esprit Stones IPO vs Sathlokhar Synergys E&C Global IPO

Comparision between Esprit Stones IPO and Sathlokhar Synergys E&C Global IPO.

IPO Details

Esprit Stones IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sathlokhar Synergys E&C Global IPO is a SME Book Built Issue proposed to list at NSE SME.

	Esprit Stones IPO	Sathlokhar Synergys E&C Global 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	Choice Capital Advisors Pvt Ltd Srujan Alpha Capital Advisors Llp	GYR Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Choice Equity Broking 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 Esprit Stones IPO is up to ₹50.42 Cr whereas the issue size of the Sathlokhar Synergys E&C Global IPO is up to ₹92.93 Cr. The final issue price of Esprit Stones IPO is ₹87.00 per share and of Sathlokhar Synergys E&C Global IPO is ₹140.00 per share.

	Esprit Stones IPO	Sathlokhar Synergys E&C Global IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹82.00 per share	₹133.00 per share
Issue Price (Upper)	₹87.00 per share	₹140.00 per share
Issue Price (Final)	₹87.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	57,95,200 shares	66,38,000 shares
Fresh Issue Size (Amount)	up to ₹50.42 Cr	up to ₹92.93 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	57,95,200 shares	66,38,000 shares
Issue Size Total (Amount)	up to ₹50.42 Cr	up to ₹92.93 Cr

IPO Timetable

Esprit Stones IPO opens on Jul 26, 2024, while Sathlokhar Synergys E&C Global IPO opens on Jul 30, 2024. The closing date of Esprit Stones IPO and Sathlokhar Synergys E&C Global IPO is Jul 30, 2024, and Aug 01, 2024, respectively.

	Esprit Stones IPO	Sathlokhar Synergys E&C Global IPO
Anchor Bid Date	Jul 25, 2024	Jul 29, 2024
Issue Open	Jul 26, 2024	Jul 30, 2024
Issue Close	Jul 30, 2024	Aug 01, 2024
Basis Of Allotment (Tentative)	Jul 31, 2024	Aug 02, 2024
Initiation of Refunds (Tentative)	Aug 01, 2024	Aug 05, 2024
Credit of Share (Tentative)	Aug 01, 2024	Aug 05, 2024
Listing date (Tentative)	Aug 02, 2024	Aug 06, 2024
Anchor Lockin End date 1	Aug 30, 2024	Sep 01, 2024
Anchor Lockin End date 2	Oct 29, 2024	Oct 31, 2024

Financials

Esprit Stones IPO P/E ratio is 13.62, as compared to Sathlokhar Synergys E&C Global IPO P/E ratio of 9.35.

Esprit Stones IPO

Sathlokhar Synergys E&C Global IPO

Financial

Esprit Stones Limited Financial Information (Restated)

Esprit Stones Limited's revenue increased by 56.07% and profit after tax (PAT) rose by 190.04% 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	27,459.35	23,802.24	18,069.74
Revenue	27,477.82	17,606.52	19,002.60
Profit After Tax	1,031.73	355.72	1,850.53
Net Worth	7,238.80	6,227.81	5,893.32
Reserves and Surplus	5,623.80	5,277.81	4,943.32
Total Borrowing	12,541.91	11,879.55	5,799.76
Amount in ₹ Lakhs

Sathlokhar Synergys E&C Global Limited Financial Information (Restated)

Sathlokhar Synergys E&C Global Limited's revenue increased by 183.77% and profit after tax (PAT) rose by 380.51% 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	10,482.58	4,782.28	4,627.77
Revenue	24,732.09	8,715.66	5,851.51
Profit After Tax	2,621.43	545.55	87.87
Net Worth	4,053.08	1,431.65	886.10
Reserves and Surplus	3,853.09	1,231.66	686.11
Total Borrowing	7.92	612.19	677.14
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

86.49%

Promoter Shareholding (Post-Issue)

P/E Ratio

13.62

9.35

Market Cap

₹190.92 Cr.

₹337.93 Cr.

ROE

ROCE

12.39%%

87.33%%

Debt/Equity

1.72

EPS

₹6.39

₹14.98

RoNW

15.09%%

64.68%%

Shares Offered

In the Esprit Stones IPO retail investors (RII) are offered 18,81,600 shares while in Sathlokhar Synergys E&C Global IPO retail investors are offered 18,81,600 shares. Qualified institutional buyers (QIB) are offered 10,75,200 shares in Esprit Stones IPO and 12,08,000 shares in Sathlokhar Synergys E&C Global IPO.

	Esprit Stones IPO	Sathlokhar Synergys E&C Global IPO
Anchor Investor Reserveration	16,12,800 shares	18,10,000 shares
Market Maker Reserveration	2,91,200 shares	6,00,000 shares
QIB	10,75,200 shares	12,08,000 shares
NII	8,06,400 shares	9,06,000 shares
RII	18,81,600 shares	21,14,000 shares
Employee	0 shares	0 shares
Others
Total	38,91,200 shares	42,28,000 shares

Bids Received (Subscription)

Esprit Stones IPO subscribed 185.82x in total, whereas Sathlokhar Synergys E&C Global IPO subscribed 211.13x.

	Esprit Stones IPO	Sathlokhar Synergys E&C Global IPO
QIB (times)	117.63x	171.55x
NII (times)	399.58x	382.11x
Big NII (times)
Small NII (times)
RII (times)	145.75x	160.47x
Employee (times)
Other (times)
Total (times)	185.82x	211.13x

Compare with others

Esprit Stones IPO	Sathlokhar Synergys E&C Global IPO
Ashapura Logistics IPO	Utssav Cz Gold Jewels IPO
Rajputana Industries IPO	Kizi Apparels IPO
Bulkcorp IPO	Ashapura Logistics IPO
Sathlokhar Synergys E&C Global IPO	Rajputana Industries IPO
Trom Industries IPO	Bulkcorp IPO
S A Tech Software India IPO	Trom Industries IPO
Aprameya Engineering IPO	Esprit Stones IPO
Manglam Infra And Engineering IPO	S A Tech Software India IPO
Chetana Education IPO	Aprameya Engineering IPO
Clinitech Laboratory IPO	Manglam Infra And Engineering IPO

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