Landmark Cars IPO vs Sah Polymers IPO

Comparision between Landmark Cars IPO and Sah Polymers IPO.

IPO Details

Landmark Cars 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.

	Landmark Cars 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 ICICI Securities Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	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 Landmark Cars IPO is up to ₹552.00 Cr whereas the issue size of the Sah Polymers IPO is up to ₹66.30 Cr. The final issue price of Landmark Cars IPO is ₹506.00 per share and of Sah Polymers IPO is ₹65.00 per share.

	Landmark Cars IPO	Sah Polymers IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹481.00 per share	₹61.00 per share
Issue Price (Upper)	₹506.00 per share	₹65.00 per share
Issue Price (Final)	₹506.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)	₹48.00 per share
Market Lot Size	29 shares	230 shares
Fresh Issue Size	29,64,427 shares	1,02,00,000 shares
Fresh Issue Size (Amount)	up to ₹150.00 Cr	up to ₹66.30 Cr
OFS Issue Size	79,44,664 shares
OFS Issue Size (Amount)	up to ₹402.00 Cr
Issue Size Total	1,09,09,091 shares	1,02,00,000 shares
Issue Size Total (Amount)	up to ₹552.00 Cr	up to ₹66.30 Cr

IPO Timetable

Landmark Cars IPO opens on Dec 13, 2022, while Sah Polymers IPO opens on Dec 30, 2022. The closing date of Landmark Cars IPO and Sah Polymers IPO is Dec 15, 2022, and Jan 04, 2023, respectively.

	Landmark Cars IPO	Sah Polymers IPO
Anchor Bid Date	Dec 12, 2022	Dec 29, 2022
Issue Open	Dec 13, 2022	Dec 30, 2022
Issue Close	Dec 15, 2022	Jan 04, 2023
Basis Of Allotment (Tentative)	Dec 20, 2022	Jan 09, 2023
Initiation of Refunds (Tentative)	Dec 21, 2022	Jan 10, 2023
Credit of Share (Tentative)	Dec 22, 2022	Jan 11, 2023
Listing date (Tentative)	Dec 23, 2022	Jan 12, 2023
Anchor Lockin End date 1	Jan 19, 2023	Feb 08, 2023
Anchor Lockin End date 2	Mar 20, 2023	Apr 09, 2023

Financials

Landmark Cars IPO P/E ratio is 27.61, as compared to Sah Polymers IPO P/E ratio of 33.51.

Landmark Cars IPO

Sah Polymers IPO

Financial

Landmark Cars Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1008.03	2834.62	-24.43	187.96	478.78
31-Mar-20	831.77	2228.93	-28.94	169.12	357.91
31-Mar-21	887.9	1966.34	11.15	181.78	327.44
31-Mar-22	1085.38	2989.12	66.18	246.94	308.49
30-Jun-22	1209.37	801.9	18.14	268.27	464.36
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)

60.24%

100%

Promoter Shareholding (Post-Issue)

44.61%

60.46%

P/E Ratio

27.61

33.51

Market Cap

₹2003.26 Cr.

₹167.67 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Landmark Cars IPO retail investors (RII) are offered 40,09,355 shares while in Sah Polymers IPO retail investors are offered 40,09,355 shares. Qualified institutional buyers (QIB) are offered 22,91,061 shares in Landmark Cars IPO and 30,60,000 shares in Sah Polymers IPO.

	Landmark Cars IPO	Sah Polymers IPO
Anchor Investor Reserveration		45,90,000 shares
Market Maker Reserveration
QIB	22,91,061 shares	30,60,000 shares
NII	17,18,295 shares	15,30,000 shares
RII	40,09,355 shares	10,20,000 shares
Employee	23,094 shares	0 shares
Others
Total	80,41,805 shares	56,10,000 shares

Bids Received (Subscription)

Landmark Cars IPO subscribed 3.06x in total, whereas Sah Polymers IPO subscribed 17.46x.

	Landmark Cars IPO	Sah Polymers IPO
QIB (times)	8.71x	2.40x
NII (times)	1.32x	32.69x
Big NII (times)	1.59x	33.94x
Small NII (times)	0.78x	30.20x
RII (times)	0.59x	39.78x
Employee (times)	2.93x
Other (times)
Total (times)	3.06x	17.46x

Compare with others

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

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