Pune E-Stock Broking IPO vs Sadhav Shipping IPO

Comparision between Pune E-Stock Broking IPO and Sadhav Shipping IPO.

IPO Details

Pune E-Stock Broking IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sadhav Shipping IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Pune E-Stock Broking IPO	Sadhav Shipping IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Share India Capital Services Private Limited	Isk Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Share India Securities Limited	Sunflower Broking 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 Pune E-Stock Broking IPO is up to ₹38.23 Cr whereas the issue size of the Sadhav Shipping IPO is up to ₹38.18 Cr. The final issue price of Pune E-Stock Broking IPO is ₹83.00 per share and of Sadhav Shipping IPO is ₹95.00 per share.

	Pune E-Stock Broking IPO	Sadhav Shipping IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share
Issue Price (Upper)	₹83.00 per share
Issue Price (Final)	₹83.00 per share	₹95.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	46,06,400 shares	40,18,800 shares
Fresh Issue Size (Amount)	up to ₹38.23 Cr	up to ₹38.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	46,06,400 shares	40,18,800 shares
Issue Size Total (Amount)	up to ₹38.23 Cr	up to ₹38.18 Cr

IPO Timetable

Pune E-Stock Broking IPO opens on Mar 07, 2024, while Sadhav Shipping IPO opens on Feb 23, 2024. The closing date of Pune E-Stock Broking IPO and Sadhav Shipping IPO is Mar 12, 2024, and Feb 27, 2024, respectively.

	Pune E-Stock Broking IPO	Sadhav Shipping IPO
Anchor Bid Date	Mar 06, 2024
Issue Open	Mar 07, 2024	Feb 23, 2024
Issue Close	Mar 12, 2024	Feb 27, 2024
Basis Of Allotment (Tentative)	Mar 13, 2024	Feb 28, 2024
Initiation of Refunds (Tentative)	Mar 14, 2024	Feb 29, 2024
Credit of Share (Tentative)	Mar 14, 2024	Feb 29, 2024
Listing date (Tentative)	Mar 15, 2024	Mar 01, 2024
Anchor Lockin End date 1	Apr 12, 2024
Anchor Lockin End date 2	Jun 11, 2024

Financials

Pune E-Stock Broking IPO P/E ratio is 9.5, as compared to Sadhav Shipping IPO P/E ratio of 12.66.

Pune E-Stock Broking IPO

Sadhav Shipping IPO

Financial

Pune E-Stock Broking Limited Financial Information (Restated Consolidated)

Pune E-Stock Broking Limited's revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	22,224.76	15,801.00	16,314.24	13,288.68
Revenue	3,010.80	4,103.10	4,665.70	3,474.64
Profit After Tax	610.67	964.52	1,012.03	650.48
Net Worth	8,259.66	7,654.66	6,754.55	5,806.65
Reserves and Surplus	7,155.22	6,918.36	6,018.26	5,070.35
Total Borrowing	826.19	1,853.74	1,640.17	1,195.00
Amount in ₹ Lakhs

Sadhav Shipping Limited Financial Information (Restated)

Sadhav Shipping Limited's revenue increased by 13.08% and profit after tax (PAT) rose by 157.68% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,113.49	11,628.71	6,909.44	6,117.64
Revenue	3,385.69	7,890.59	6,977.94	6,123.67
Profit After Tax	406.97	775.44	300.93	330.77
Net Worth	4,501.44	4,094.46	3,503.51	3,205.61
Reserves and Surplus	4,206.18	3,799.21	3,208.26	2,910.36
Total Borrowing	6,681.84	5,527.45	2,083.08	1,776.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

72.75%

96.44%

Promoter Shareholding (Post-Issue)

51.34%

69.44%

P/E Ratio

9.5

12.66

Market Cap

₹129.90 Cr.

₹136.35 Cr.

ROE

7.30%%

20.41%%

ROCE

8.25%%

14.36%%

Debt/Equity

EPS

₹8.73

₹7.50

RoNW

7.39%%

18.94%%

Shares Offered

In the Pune E-Stock Broking IPO retail investors (RII) are offered 13,71,200 shares while in Sadhav Shipping IPO retail investors are offered 13,71,200 shares. Qualified institutional buyers (QIB) are offered 7,82,400 shares in Pune E-Stock Broking IPO and 0 shares in Sadhav Shipping IPO.

	Pune E-Stock Broking IPO	Sadhav Shipping IPO
Anchor Investor Reserveration	11,72,800 shares
Market Maker Reserveration	6,91,200 shares	2,02,800 shares
QIB	7,82,400 shares	0 shares
NII	5,88,800 shares	19,08,000 shares
RII	13,71,200 shares	19,08,000 shares
Employee	0 shares	0 shares
Others
Total	27,42,400 shares	38,16,000 shares

Bids Received (Subscription)

Pune E-Stock Broking IPO subscribed 371.16x in total, whereas Sadhav Shipping IPO subscribed 135.69x.

	Pune E-Stock Broking IPO	Sadhav Shipping IPO
QIB (times)	123.02x
NII (times)	775.99x	184.58x
Big NII (times)
Small NII (times)
RII (times)	338.92x	65.52x
Employee (times)
Other (times)
Total (times)	371.16x	135.69x

Compare with others

Pune E-Stock Broking IPO	Sadhav Shipping IPO
Pratham EPC Projects IPO	Sona Machinery IPO
Koura Fine Diamond Jewelry IPO	Pune E-Stock Broking IPO
Shree Karni Fabcom IPO	M.V.K. Agro Food IPO
V R Infraspace IPO	Owais Metal and Mineral Processing IPO
Sona Machinery IPO	Purv Flexipack IPO
M.V.K. Agro Food IPO	Deem Roll Tech IPO
Owais Metal and Mineral Processing IPO	Zenith Drugs IPO
Purv Flexipack IPO	Esconet Technologies IPO
Sadhav Shipping IPO	Trust Fintech IPO
Deem Roll Tech IPO	Interiors and More IPO

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