Elin Electronics IPO vs Sah Polymers IPO

Comparision between Elin Electronics IPO and Sah Polymers IPO.

IPO Details

Elin Electronics IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sah Polymers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Elin Electronics IPO	Sah Polymers 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	Axis Capital Limited Jm Financial Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
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 Elin Electronics IPO is up to ₹475.00 Cr whereas the issue size of the Sah Polymers IPO is up to ₹66.30 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of Sah Polymers IPO is ₹65.00 per share.

	Elin Electronics IPO	Sah Polymers IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹234.00 per share	₹61.00 per share
Issue Price (Upper)	₹247.00 per share	₹65.00 per share
Issue Price (Final)	₹247.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	60 shares	230 shares
Fresh Issue Size		1,02,00,000 shares
Fresh Issue Size (Amount)	up to ₹175.00 Cr	up to ₹66.30 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹300.00 Cr
Issue Size Total		1,02,00,000 shares
Issue Size Total (Amount)	up to ₹475.00 Cr	up to ₹66.30 Cr

IPO Timetable

Elin Electronics IPO opens on Dec 20, 2022, while Sah Polymers IPO opens on Dec 30, 2022. The closing date of Elin Electronics IPO and Sah Polymers IPO is Dec 22, 2022, and Jan 04, 2023, respectively.

	Elin Electronics IPO	Sah Polymers IPO
Anchor Bid Date	Dec 19, 2022	Dec 29, 2022
Issue Open	Dec 20, 2022	Dec 30, 2022
Issue Close	Dec 22, 2022	Jan 04, 2023
Basis Of Allotment (Tentative)	Dec 27, 2022	Jan 09, 2023
Initiation of Refunds (Tentative)	Dec 28, 2022	Jan 10, 2023
Credit of Share (Tentative)	Dec 29, 2022	Jan 11, 2023
Listing date (Tentative)	Dec 30, 2022	Jan 12, 2023
Anchor Lockin End date 1	Jan 26, 2023	Feb 08, 2023
Anchor Lockin End date 2	Mar 27, 2023	Apr 09, 2023

Financials

Elin Electronics IPO P/E ratio is 29.69, as compared to Sah Polymers IPO P/E ratio of 33.51.

Elin Electronics IPO

Sah Polymers IPO

Financial

Elin Electronics Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Total Borrowing
31-Mar-19	397.73	829.74	29.07	86.64
31-Mar-20	387.63	786.37	27.49	69.89
31-Mar-21	508.31	864.9	34.86	113.77
31-Mar-22	532.61	1094.67	39.15	102.33
30-Sep-22	589.24	604.74	20.67	102.77
Amount in ₹ Crore

Sah Polymers Limited Financial Information (Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	35.93	49.91	0.3	18.81	10.37
31-Mar-21	40.58	55.34	1.27	20.09	13.79
31-Mar-22	68.67	81.23	4.38	26.65	30.54
30-Jun-22	75.35	27.59	1.25	27.74	33.15
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

53.98%

100%

Promoter Shareholding (Post-Issue)

32.93%

60.46%

P/E Ratio

29.69

33.51

Market Cap

₹1226.58 Cr.

₹167.67 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Elin Electronics IPO retail investors (RII) are offered 71,04,693 shares while in Sah Polymers IPO retail investors are offered 71,04,693 shares. Qualified institutional buyers (QIB) are offered 40,59,824 shares in Elin Electronics IPO and 30,60,000 shares in Sah Polymers IPO.

	Elin Electronics IPO	Sah Polymers IPO
Anchor Investor Reserveration		45,90,000 shares
Market Maker Reserveration
QIB	40,59,824 shares	30,60,000 shares
NII	30,44,869 shares	15,30,000 shares
RII	71,04,693 shares	10,20,000 shares
Employee	0 shares	0 shares
Others
Total	1,42,09,386 shares	56,10,000 shares

Bids Received (Subscription)

Elin Electronics IPO subscribed 3.09x in total, whereas Sah Polymers IPO subscribed 17.46x.

	Elin Electronics IPO	Sah Polymers IPO
QIB (times)	4.51x	2.40x
NII (times)	3.29x	32.69x
Big NII (times)	2.99x	33.94x
Small NII (times)	3.89x	30.20x
RII (times)	2.20x	39.78x
Employee (times)
Other (times)
Total (times)	3.09x	17.46x

Compare with others

Elin Electronics IPO	Sah Polymers IPO
Signatureglobal India IPO	Divgi TorqTransfer Systems IPO
Radiant Cash Management IPO	Signatureglobal India IPO
KFin Technologies IPO	Radiant Cash Management IPO
Abans Holdings IPO	KFin Technologies IPO
Sah Polymers IPO	Abans Holdings IPO
Sula Vineyards IPO	Elin Electronics IPO
Dharmaj Crop Guard IPO	Sula Vineyards IPO
Landmark Cars IPO	Dharmaj Crop Guard IPO
Keystone Realtors IPO	Landmark Cars IPO
Inox Green Energy IPO	Keystone Realtors IPO

Comments

Add a public comment...