Sahaj Fashions IPO vs Shelter Pharma IPO

Comparision between Sahaj Fashions IPO and Shelter Pharma IPO.

IPO Details

Sahaj Fashions IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shelter Pharma IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Sahaj Fashions IPO	Shelter Pharma IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Khambatta Securities Limited	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nnm Securities Private Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sahaj Fashions IPO is up to ₹13.96 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹16.03 Cr. The final issue price of Sahaj Fashions IPO is ₹30.00 per share and of Shelter Pharma IPO is ₹42.00 per share.

	Sahaj Fashions IPO	Shelter Pharma IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	3000 shares
Fresh Issue Size	44,76,000 shares	38,16,000 shares
Fresh Issue Size (Amount)	up to ₹13.43 Cr	up to ₹16.03 Cr
OFS Issue Size	1,76,000 shares
OFS Issue Size (Amount)	up to ₹0.53 Cr
Issue Size Total	46,52,000 shares	38,16,000 shares
Issue Size Total (Amount)	up to ₹13.96 Cr	up to ₹16.03 Cr

IPO Timetable

Sahaj Fashions IPO opens on Aug 25, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Sahaj Fashions IPO and Shelter Pharma IPO is Aug 29, 2023, and Aug 14, 2023, respectively.

	Sahaj Fashions IPO	Shelter Pharma IPO
Anchor Bid Date
Issue Open	Aug 25, 2023	Aug 10, 2023
Issue Close	Aug 29, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Sep 01, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Sep 04, 2023	Aug 21, 2023
Credit of Share (Tentative)	Sep 05, 2023	Aug 22, 2023
Listing date (Tentative)	Sep 06, 2023	Aug 23, 2023
Anchor Lockin End date 1	Oct 01, 2023	Sep 17, 2023
Anchor Lockin End date 2	Nov 30, 2023	Nov 16, 2023

Financials

Sahaj Fashions IPO P/E ratio is , as compared to Shelter Pharma IPO P/E ratio of 5.62.

Sahaj Fashions IPO

Shelter Pharma IPO

Financial

Sahaj Fashions IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	28 Feb 2023
Assets	6,476.39	6,711.73	6,998.59	7,179.34
Revenue	9,933.61	7,475.54	8,698.36	9,101.07
Profit After Tax	27.19	31.90	42.64	288.71
Net Worth	1,361.63	1,393.53	1,435.78	1,724.07
Reserves and Surplus	620.41	652.32	694.56	982.85
Total Borrowing	1,019.03	1,608.65	1,795.46	1,519.24

Amount in ₹ Lakhs

Shelter Pharma IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,020.24	1,283.93	2,144.90
Revenue	2,248.86	3,005.84	3,615.51
Profit After Tax	-23.88	183.70	578.33
Net Worth	711.17	880.42	1,451.06
Reserves and Surplus	667.40	844.45	676.68
Total Borrowing	0.46	13.12	178.41

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.95%

84.92%

Promoter Shareholding (Post-Issue)

56.89%

P/E Ratio

5.62

Market Cap

₹39.50 Cr.

₹48.55 Cr.

ROE

ROCE

Debt/Equity

EPS

₹7.47

RoNW

39.86%%

Shares Offered

In the Sahaj Fashions IPO retail investors (RII) are offered 22,08,000 shares while in Shelter Pharma IPO retail investors are offered 22,08,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sahaj Fashions IPO and 0 shares in Shelter Pharma IPO.

	Sahaj Fashions IPO	Shelter Pharma IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,36,000 shares	1,94,000 shares
QIB	0 shares	0 shares
NII	22,08,000 shares	18,10,000 shares
RII	22,08,000 shares	18,12,000 shares
Employee	0 shares	0 shares
Others
Total	44,16,000 shares	34,30,000 shares

Bids Received (Subscription)

Sahaj Fashions IPO subscribed 7.75x in total, whereas Shelter Pharma IPO subscribed 15.25x.

	Sahaj Fashions IPO	Shelter Pharma IPO
QIB (times)
NII (times)	3.78x	6.59x
Big NII (times)
Small NII (times)
RII (times)	11.72x	22.28x
Employee (times)
Other (times)
Total (times)	7.75x	15.25x

Compare with others

Sahaj Fashions IPO	Shelter Pharma IPO
Saroja Pharma Industries IPO	Sungarner Energies IPO
Basilic Fly Studio IPO	Sahaj Fashions IPO
C P S Shapers IPO	Shoora Designs IPO
Mono Pharmacare IPO	Bondada Engineering IPO
Sungarner Energies IPO	Crop Life Science IPO
Shoora Designs IPO	Sangani Hospitals IPO
Bondada Engineering IPO	Yudiz Solutions IPO
Crop Life Science IPO	Zeal Global Services IPO
Shelter Pharma IPO	Oriana Power IPO
Sangani Hospitals IPO	Innovatus Entertainment Networks IPO

Comments

Add a public comment...