Sah Polymers IPO vs Signatureglobal India IPO

Comparision between Sah Polymers IPO and Signatureglobal India IPO.

IPO Details

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

	Sah Polymers IPO	Signatureglobal India 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	Pantomath Capital Advisors Pvt Ltd	ICICI Securities Limited Axis Capital Limited Kotak Mahindra Capital Company Limited
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 Sah Polymers IPO is up to ₹66.30 Cr whereas the issue size of the Signatureglobal India IPO is up to ₹730.00 Cr. The final issue price of Sah Polymers IPO is ₹65.00 per share and of Signatureglobal India IPO is ₹385.00 per share.

	Sah Polymers IPO	Signatureglobal India IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹61.00 per share	₹366.00 per share
Issue Price (Upper)	₹65.00 per share	₹385.00 per share
Issue Price (Final)	₹65.00 per share	₹385.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	230 shares	38 shares
Fresh Issue Size	1,02,00,000 shares	1,56,62,338 shares
Fresh Issue Size (Amount)	up to ₹66.30 Cr	up to ₹603.00 Cr
OFS Issue Size		32,98,701 shares
OFS Issue Size (Amount)		up to ₹127.00 Cr
Issue Size Total	1,02,00,000 shares	1,89,61,039 shares
Issue Size Total (Amount)	up to ₹66.30 Cr	up to ₹730.00 Cr

IPO Timetable

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

	Sah Polymers IPO	Signatureglobal India IPO
Anchor Bid Date	Dec 29, 2022	Sep 18, 2023
Issue Open	Dec 30, 2022	Sep 20, 2023
Issue Close	Jan 04, 2023	Sep 22, 2023
Basis Of Allotment (Tentative)	Jan 09, 2023	Sep 27, 2023
Initiation of Refunds (Tentative)	Jan 10, 2023	Sep 29, 2023
Credit of Share (Tentative)	Jan 11, 2023	Oct 03, 2023
Listing date (Tentative)	Jan 12, 2023	Sep 27, 2023
Anchor Lockin End date 1	Feb 08, 2023	Oct 27, 2023
Anchor Lockin End date 2	Apr 09, 2023	Dec 26, 2023

Financials

Sah Polymers IPO P/E ratio is 33.51, as compared to Signatureglobal India IPO P/E ratio of .

Sah Polymers IPO

Signatureglobal India IPO

Financial

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

Signatureglobal India IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,930.52	3,762.37	4,430.85	5,999.13
Revenue	263.03	154.72	939.60	1,585.88
Profit After Tax	-56.57	-86.28	-115.50	-63.72
Net Worth	-93.07	-206.87	-352.22	47.54
Reserves and Surplus	-128.87	-210.78	-364.01	34.08
Total Borrowing	969.36	1,176.38	1,157.53	1,709.75

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

78.36%

Promoter Shareholding (Post-Issue)

60.46%

69.63%

P/E Ratio

33.51

Market Cap

₹167.67 Cr.

₹5409.66 Cr.

ROE

-134.0%%

ROCE

1%%

Debt/Equity

34.1

EPS

₹-5.44

RoNW

Shares Offered

In the Sah Polymers IPO retail investors (RII) are offered 10,20,000 shares while in Signatureglobal India IPO retail investors are offered 10,20,000 shares. Qualified institutional buyers (QIB) are offered 30,60,000 shares in Sah Polymers IPO and 59,48,079 shares in Signatureglobal India IPO.

	Sah Polymers IPO	Signatureglobal India IPO
Anchor Investor Reserveration	45,90,000 shares	82,72,700 shares
Market Maker Reserveration
QIB	30,60,000 shares	59,48,079 shares
NII	15,30,000 shares	28,44,156 shares
RII	10,20,000 shares	18,96,104 shares
Employee	0 shares	0 shares
Others
Total	56,10,000 shares	1,06,88,339 shares

Bids Received (Subscription)

Sah Polymers IPO subscribed 17.46x in total, whereas Signatureglobal India IPO subscribed 12.50x.

	Sah Polymers IPO	Signatureglobal India IPO
QIB (times)	2.40x	13.37x
NII (times)	32.69x	14.24x
Big NII (times)	33.94x	16.60x
Small NII (times)	30.20x	9.53x
RII (times)	39.78x	7.17x
Employee (times)
Other (times)
Total (times)	17.46x	12.50x

Compare with others

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Elin Electronics IPO	Radiant Cash Management IPO
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Dharmaj Crop Guard IPO	Abans Holdings IPO
Landmark Cars IPO	Sah Polymers IPO
Keystone Realtors IPO	Elin Electronics IPO

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