Bulkcorp IPO vs S A Tech Software India IPO

Comparision between Bulkcorp IPO and S A Tech Software India IPO.

IPO Details

Bulkcorp IPO is a SME Book Built Issue IPO proposed to list at NSE SME while S A Tech Software India IPO is a SME Book Built Issue proposed to list at NSE SME.

	Bulkcorp IPO	S A Tech Software India 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	Swastika Investmart Ltd	GYR Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Sunflower 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 Bulkcorp IPO is up to ₹20.78 Cr whereas the issue size of the S A Tech Software India IPO is up to ₹23.01 Cr. The final issue price of Bulkcorp IPO is ₹105.00 per share and of S A Tech Software India IPO is ₹59.00 per share.

	Bulkcorp IPO	S A Tech Software India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹100.00 per share	₹56.00 per share
Issue Price (Upper)	₹105.00 per share	₹59.00 per share
Issue Price (Final)	₹105.00 per share	₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	19,78,800 shares	39,00,000 shares
Fresh Issue Size (Amount)	up to ₹20.78 Cr	up to ₹23.01 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	19,78,800 shares	39,00,000 shares
Issue Size Total (Amount)	up to ₹20.78 Cr	up to ₹23.01 Cr

IPO Timetable

Bulkcorp IPO opens on Jul 30, 2024, while S A Tech Software India IPO opens on Jul 26, 2024. The closing date of Bulkcorp IPO and S A Tech Software India IPO is Aug 01, 2024, and Jul 30, 2024, respectively.

	Bulkcorp IPO	S A Tech Software India IPO
Anchor Bid Date	Jul 29, 2024	Jul 25, 2024
Issue Open	Jul 30, 2024	Jul 26, 2024
Issue Close	Aug 01, 2024	Jul 30, 2024
Basis Of Allotment (Tentative)	Aug 02, 2024	Jul 31, 2024
Initiation of Refunds (Tentative)	Aug 05, 2024	Aug 01, 2024
Credit of Share (Tentative)	Aug 05, 2024	Aug 01, 2024
Listing date (Tentative)	Aug 06, 2024	Aug 02, 2024
Anchor Lockin End date 1	Sep 01, 2024	Aug 30, 2024
Anchor Lockin End date 2	Oct 31, 2024	Oct 29, 2024

Financials

Bulkcorp IPO P/E ratio is 16.33, as compared to S A Tech Software India IPO P/E ratio of 14.65.

Bulkcorp IPO

S A Tech Software India IPO

Financial

Bulk Corp International Limited Financial Information (Restated)

Bulk Corp International Limited's revenue increased by 19.37% and profit after tax (PAT) rose by 193.6% 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	3,236.39	1,765.18	2,177.10	1,975.97
Revenue	4,650.45	3,895.71	4,919.90	3,176.36
Profit After Tax	355.90	121.22	172.56	63.53
Net Worth	934.06	478.16	356.95	188.26
Reserves and Surplus	380.54	297.16	175.95	7.26
Total Borrowing	634.23	542.28	889.24	648.89
Amount in ₹ Lakhs

S A Tech Software India Limited Financial Information (Restated)

S A Tech Software India Limited's revenue increased by 27.59% and profit after tax (PAT) rose by 266.7% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,703.23	3,706.06	3,465.95	3,229.19
Revenue	2,397.18	7,238.12	5,673.05	4,154.37
Profit After Tax	248.07	368.86	100.59	-548.25
Net Worth	1,414.43	1,166.35	772.48	663.89
Reserves and Surplus	498.70	250.62	729.50	620.91
Total Borrowing	2,105.22	1,288.12	1,459.18	1,959.34
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.10%`

79.27%

Promoter Shareholding (Post-Issue)

72.26%

P/E Ratio

16.33

14.65

Market Cap

₹78.90 Cr.

₹77.04 Cr.

ROE

50.40%%

ROCE

40.25%%

10.95%%

Debt/Equity

0.68

1.49

EPS

₹6.43

₹4.03

RoNW

38.10%%

17.54%%

Shares Offered

In the Bulkcorp IPO retail investors (RII) are offered 6,58,800 shares while in S A Tech Software India IPO retail investors are offered 6,58,800 shares. Qualified institutional buyers (QIB) are offered 3,75,600 shares in Bulkcorp IPO and 7,24,000 shares in S A Tech Software India IPO.

	Bulkcorp IPO	S A Tech Software India IPO
Anchor Investor Reserveration	9,38,400 shares	10,82,000 shares
Market Maker Reserveration	99,600 shares	2,84,000 shares
QIB	3,75,600 shares	7,24,000 shares
NII	2,82,000 shares	5,44,000 shares
RII	6,58,800 shares	12,66,000 shares
Employee	0 shares	0 shares
Others
Total	13,16,400 shares	25,34,000 shares

Bids Received (Subscription)

Bulkcorp IPO subscribed 264.90x in total, whereas S A Tech Software India IPO subscribed 621.25x.

	Bulkcorp IPO	S A Tech Software India IPO
QIB (times)	104.42x	201.29x
NII (times)	251.39x	1,178.97x
Big NII (times)
Small NII (times)
RII (times)	362.17x	621.77x
Employee (times)
Other (times)
Total (times)	264.90x	621.25x

Compare with others

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

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