Paramount Dye Tec IPO vs Saj Hotels IPO

Comparision between Paramount Dye Tec IPO and Saj Hotels IPO.

IPO Details

Paramount Dye Tec IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Saj Hotels IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Paramount Dye Tec IPO	Saj Hotels 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	Gretex Corporate Services Limited	Corpwis Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Satellite Corporate Services Private Limited
Market Maker	Gretex Share Broking Private Limited	Nnm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Paramount Dye Tec IPO is up to ₹28.43 Cr whereas the issue size of the Saj Hotels IPO is up to ₹27.63 Cr. The final issue price of Paramount Dye Tec IPO is ₹117.00 per share and of Saj Hotels IPO is ₹65.00 per share.

	Paramount Dye Tec IPO	Saj Hotels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹111.00 per share
Issue Price (Upper)	₹117.00 per share
Issue Price (Final)	₹117.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	24,30,000 shares	42,50,000 shares
Fresh Issue Size (Amount)	up to ₹28.43 Cr	up to ₹27.63 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,30,000 shares	42,50,000 shares
Issue Size Total (Amount)	up to ₹28.43 Cr	up to ₹27.63 Cr

IPO Timetable

Paramount Dye Tec IPO opens on Sep 30, 2024, while Saj Hotels IPO opens on Sep 27, 2024. The closing date of Paramount Dye Tec IPO and Saj Hotels IPO is Oct 03, 2024, and Oct 01, 2024, respectively.

	Paramount Dye Tec IPO	Saj Hotels IPO
Anchor Bid Date	Sep 27, 2024
Issue Open	Sep 30, 2024	Sep 27, 2024
Issue Close	Oct 03, 2024	Oct 01, 2024
Basis Of Allotment (Tentative)	Oct 04, 2024	Oct 03, 2024
Initiation of Refunds (Tentative)	Oct 07, 2024	Oct 04, 2024
Credit of Share (Tentative)	Oct 07, 2024	Oct 04, 2024
Listing date (Tentative)	Oct 08, 2024	Oct 07, 2024
Anchor Lockin End date 1	Nov 03, 2024
Anchor Lockin End date 2	Jan 02, 2025

Financials

Paramount Dye Tec IPO P/E ratio is 14.91, as compared to Saj Hotels IPO P/E ratio of 21.7.

Paramount Dye Tec IPO

Saj Hotels IPO

Financial

Paramount Dye Tec Limited Financial Information (Restated)

Period Ended	31 Mar 2024	31 Jan 2024
Assets	5,549.65	3,490.07
Revenue	2,367.9	2,955.91
Profit After Tax	354.09	278.65
Net Worth	3,032.06	1
Reserves and Surplus	3,029.81
Total Borrowing	1,627.37	2,247.76
Amount in ₹ Lakhs

Saj Hotels Limited Financial Information (Restated Consolidated)

Saj Hotels Limited's revenue increased by 13.52% and profit after tax (PAT) dropped by -3.11% 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	9,808.46	9,892.53	9,626.45	3,286.02
Revenue	1,455.49	1,282.19	1,287.90	812.14
Profit After Tax	344.68	355.76	144.25	-120.18
Net Worth	1,734.49	1,316.84	891.08	754.46
Reserves and Surplus	7,721.70	8,325.19	7,977.20	1,748.59
Total Borrowing	291.52	614.14	1,053.54	938.51
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

84.12%

Promoter Shareholding (Post-Issue)

64.97%

61.94%

P/E Ratio

14.91

21.7

Market Cap

₹81.23 Cr.

₹104.81 Cr.

ROE

11.68%%

19.91%%

ROCE

16.53%%

26.36%%

Debt/Equity

0.54

0.17

EPS

₹7.85

₹3.00

RoNW

11.68%%

19.91%%

Shares Offered

In the Paramount Dye Tec IPO retail investors (RII) are offered 8,08,800 shares while in Saj Hotels IPO retail investors are offered 8,08,800 shares. Qualified institutional buyers (QIB) are offered 4,60,800 shares in Paramount Dye Tec IPO and 0 shares in Saj Hotels IPO.

	Paramount Dye Tec IPO	Saj Hotels IPO
Anchor Investor Reserveration	6,91,200 shares
Market Maker Reserveration	1,22,400 shares	2,14,000 shares
QIB	4,60,800 shares	0 shares
NII	3,46,800 shares	20,18,000 shares
RII	8,08,800 shares	20,18,000 shares
Employee	0 shares	0 shares
Others
Total	16,16,400 shares	40,36,001 shares

Bids Received (Subscription)

Paramount Dye Tec IPO subscribed 50.09x in total, whereas Saj Hotels IPO subscribed 5.46x.

	Paramount Dye Tec IPO	Saj Hotels IPO
QIB (times)	10.22x
NII (times)	135.31x	2.12x
Big NII (times)
Small NII (times)
RII (times)	36.26x	8.65x
Employee (times)
Other (times)
Total (times)	50.09x	5.46x

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Saj Hotels IPO	Kalana Ispat IPO

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