Plaza Wires IPO vs Saraswati Saree Depot IPO

Comparision between Plaza Wires IPO and Saraswati Saree Depot IPO.

IPO Details

Plaza Wires IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Plaza Wires IPO	Saraswati Saree Depot 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	Pantomath Capital Advisors Pvt Ltd	Unistone Capital Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
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 Plaza Wires IPO is up to ₹71.28 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Plaza Wires IPO is ₹54.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

	Plaza Wires IPO	Saraswati Saree Depot IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹152.00 per share
Issue Price (Upper)	₹54.00 per share	₹160.00 per share
Issue Price (Final)	₹54.00 per share	₹160.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	277 shares	90 shares
Fresh Issue Size	1,32,00,158 shares	64,99,800 shares
Fresh Issue Size (Amount)	up to ₹71.28 Cr	up to ₹104.00 Cr
OFS Issue Size		35,01,000 shares
OFS Issue Size (Amount)		up to ₹56.02 Cr
Issue Size Total	1,32,00,158 shares	1,00,00,800 shares
Issue Size Total (Amount)	up to ₹71.28 Cr	up to ₹160.01 Cr

IPO Timetable

Plaza Wires IPO opens on Sep 29, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Plaza Wires IPO and Saraswati Saree Depot IPO is Oct 05, 2023, and Aug 14, 2024, respectively.

	Plaza Wires IPO	Saraswati Saree Depot IPO
Anchor Bid Date	Sep 27, 2023	Aug 09, 2024
Issue Open	Sep 29, 2023	Aug 12, 2024
Issue Close	Oct 05, 2023	Aug 14, 2024
Basis Of Allotment (Tentative)	Oct 09, 2023	Aug 16, 2024
Initiation of Refunds (Tentative)	Oct 11, 2023	Aug 19, 2024
Credit of Share (Tentative)	Oct 12, 2023	Aug 19, 2024
Listing date (Tentative)	Oct 12, 2023	Aug 20, 2024
Anchor Lockin End date 1	Nov 08, 2023	Sep 15, 2024
Anchor Lockin End date 2	Jan 07, 2024	Nov 14, 2024

Financials

Plaza Wires IPO P/E ratio is 21.95, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

Plaza Wires IPO

Saraswati Saree Depot IPO

Financial

Plaza Wires Limited Financial Information (Restated)

Plaza Wires Limited's revenue increased by 3.2% and profit after tax (PAT) rose by 26.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	112.10	104.17	99.28
Revenue	182.60	176.94	145.60
Profit After Tax	7.51	5.95	4.24
Net Worth	53.08	45.52	39.48
Reserves and Surplus	22.53	14.96	35.66
Total Borrowing	39.68	40.09	43.30
Amount in ₹ Crore

Saraswati Saree Depot Limited Financial Information (Restated Consolidated)

Saraswati Saree Depot Limited's revenue increased by 2% and profit after tax (PAT) rose by 29% 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	205.94	188.85	169.93
Revenue	612.58	603.52	550.31
Profit After Tax	29.53	22.97	12.31
Net Worth	64.91	35.38	12.41
Total Borrowing	43.49	41.43	66.62
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

69.83%

74.75%

P/E Ratio

21.95

17.94

Market Cap

₹236.26 Cr.

₹633.60 Cr.

ROE

14.15%%

58.88%

ROCE

15.57%%

64.46%

Debt/Equity

0.75

0.67

EPS

₹2.46

₹8.92

RoNW

14.16%%

45.49%

Shares Offered

In the Plaza Wires IPO retail investors (RII) are offered 13,20,015 shares while in Saraswati Saree Depot IPO retail investors are offered 13,20,015 shares. Qualified institutional buyers (QIB) are offered 61,96,076 shares in Plaza Wires IPO and 50,00,400 shares in Saraswati Saree Depot IPO.

	Plaza Wires IPO	Saraswati Saree Depot IPO
Anchor Investor Reserveration	37,04,044 shares
Market Maker Reserveration
QIB	61,96,076 shares	50,00,400 shares
NII	19,80,023 shares	15,00,120 shares
RII	13,20,015 shares	35,00,280 shares
Employee	0 shares	0 shares
Others
Total	94,96,114 shares	1,00,00,800 shares

Bids Received (Subscription)

Plaza Wires IPO subscribed 160.97x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

	Plaza Wires IPO	Saraswati Saree Depot IPO
QIB (times)	42.84x	64.12x
NII (times)	388.09x	358.47x
Big NII (times)	360.92x	389.28x
Small NII (times)	442.42x	296.85x
RII (times)	374.81x	61.59x
Employee (times)
Other (times)
Total (times)	160.97x	107.39x

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Saraswati Saree Depot IPO	IRM Energy IPO
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