ROX Hi-Tech IPO vs Sunrest Lifescience IPO

Comparision between ROX Hi-Tech IPO and Sunrest Lifescience IPO.

IPO Details

ROX Hi-Tech IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sunrest Lifescience IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	ROX Hi-Tech IPO	Sunrest Lifescience 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	Swaraj shares and securities private limited	Mark Corporate Advisors Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Share India Securities Limited	Svcm 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 ROX Hi-Tech IPO is up to ₹54.49 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.85 Cr. The final issue price of ROX Hi-Tech IPO is ₹83.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.

	ROX Hi-Tech IPO	Sunrest Lifescience IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share
Issue Price (Upper)	₹83.00 per share
Issue Price (Final)	₹83.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	60,17,600 shares	12,91,200 shares
Fresh Issue Size (Amount)	up to ₹49.95 Cr	up to ₹10.85 Cr
OFS Issue Size	5,47,200 shares
OFS Issue Size (Amount)	up to ₹4.54 Cr
Issue Size Total	65,64,800 shares	12,91,200 shares
Issue Size Total (Amount)	up to ₹54.49 Cr	up to ₹10.85 Cr

IPO Timetable

ROX Hi-Tech IPO opens on Nov 07, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of ROX Hi-Tech IPO and Sunrest Lifescience IPO is Nov 09, 2023, and Nov 09, 2023, respectively.

	ROX Hi-Tech IPO	Sunrest Lifescience IPO
Anchor Bid Date	Nov 06, 2023
Issue Open	Nov 07, 2023	Nov 07, 2023
Issue Close	Nov 09, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 15, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 16, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 16, 2023	Nov 17, 2023
Listing date (Tentative)	Nov 16, 2023	Nov 20, 2023
Anchor Lockin End date 1	Dec 15, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 13, 2024	Feb 13, 2024

Financials

ROX Hi-Tech IPO P/E ratio is 9.11, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.

ROX Hi-Tech IPO

Sunrest Lifescience IPO

Financial

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,010.87	6,103.26	3,866.72	3,887.58
Revenue	5,001.20	13,398.85	10,297.25	6,547.94
Profit After Tax	675.89	1,532.97	151.31	66.15
Net Worth	3,090.93	2,415.03	882.06	730.75
Reserves and Surplus	1,409.05	1,667.53	134.56	405.75
Total Borrowing	2,838.79	2,258.36	1,794.59	1,135.32
Amount in ₹ Lakhs

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,706.28	1,671.37	1,301.97	948.15
Revenue	563.58	2,467.05	2,690.99	1,694.91
Profit After Tax	75.08	204.31	77.71	16.55
Net Worth	386.60	311.52	107.20	29.49
Reserves and Surplus	86.60	11.52	106.20	28.49
Total Borrowing	347.32	214.32	323.83	231.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.29%

100%

Promoter Shareholding (Post-Issue)

69.91%

P/E Ratio

9.11

12.33

Market Cap

₹189.52 Cr.

₹36.05 Cr.

ROE

63.48%%

53%%

ROCE

50.17%%

98%%

Debt/Equity

0.94

0.64

EPS

₹9.11

₹6.81

RoNW

63.48%%

65.59%%

Shares Offered

In the ROX Hi-Tech IPO retail investors (RII) are offered 21,93,600 shares while in Sunrest Lifescience IPO retail investors are offered 21,93,600 shares. Qualified institutional buyers (QIB) are offered 10,51,200 shares in ROX Hi-Tech IPO and 0 shares in Sunrest Lifescience IPO.

	ROX Hi-Tech IPO	Sunrest Lifescience IPO
Anchor Investor Reserveration	15,80,800 shares
Market Maker Reserveration	8,48,000 shares	65,600 shares
QIB	10,51,200 shares	0 shares
NII	8,96,000 shares	6,12,800 shares
RII	21,93,600 shares	6,12,800 shares
Employee	0 shares	0 shares
Others
Total	41,40,800 shares	12,25,600 shares

Bids Received (Subscription)

ROX Hi-Tech IPO subscribed 214.44x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.

	ROX Hi-Tech IPO	Sunrest Lifescience IPO
QIB (times)	106.25x
NII (times)	366.86x	29.17x
Big NII (times)
Small NII (times)
RII (times)	204.02x	65.74x
Employee (times)
Other (times)
Total (times)	214.44x	48.54x

Compare with others

ROX Hi-Tech IPO	Sunrest Lifescience IPO
Deepak Chemtex IPO	Swashthik Plascon IPO
Swashthik Plascon IPO	Rockingdeals Circular Economy IPO
Rockingdeals Circular Economy IPO	Arrowhead Seperation Engineering IPO
Arrowhead Seperation Engineering IPO	Kalyani Cast Tech IPO
Kalyani Cast Tech IPO	ROX Hi-Tech IPO
Sunrest Lifescience IPO	Sheetal Universal IPO
Sheetal Universal IPO	Baba Food Processing IPO
Baba Food Processing IPO	Micropro Software Solutions IPO
Micropro Software Solutions IPO	SAR Televenture IPO
SAR Televenture IPO	Vrundavan Plantation IPO

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