Sai Life Sciences IPO vs Transrail Lighting IPO

Comparision between Sai Life Sciences IPO and Transrail Lighting IPO.

IPO Details

Sai Life Sciences IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Transrail Lighting IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Sai Life Sciences IPO	Transrail Lighting 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	Kotak Mahindra Capital Company Limited Iifl Securities Ltd Jefferies India Private Limited Morgan Stanley India Company Pvt Ltd	Inga Ventures Pvt Ltd Axis Capital Limited Hdfc Bank Limited Idbi Capital Market Services Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Sai Life Sciences IPO is up to ₹3,042.62 Cr whereas the issue size of the Transrail Lighting IPO is . The final issue price of Sai Life Sciences IPO is and of Transrail Lighting IPO is .

	Sai Life Sciences IPO	Transrail Lighting IPO
Face Value	₹1 per share	₹2 per share
Issue Price (Lower)	₹522.00 per share
Issue Price (Upper)	₹549.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size	27 shares
Fresh Issue Size	1,73,04,189 shares
Fresh Issue Size (Amount)	up to ₹950.00 Cr	up to ₹400.00 Cr
OFS Issue Size	3,81,16,934 shares	1,01,60,000 shares
OFS Issue Size (Amount)	up to ₹2,092.62 Cr
Issue Size Total	5,54,21,123 shares
Issue Size Total (Amount)	up to ₹3,042.62 Cr

IPO Timetable

Sai Life Sciences IPO opens on Dec 11, 2024, while Transrail Lighting IPO opens on Dec 19, 2024. The closing date of Sai Life Sciences IPO and Transrail Lighting IPO is Dec 13, 2024, and Dec 23, 2024, respectively.

	Sai Life Sciences IPO	Transrail Lighting IPO
Anchor Bid Date	Dec 10, 2024	Dec 18, 2024
Issue Open	Dec 11, 2024	Dec 19, 2024
Issue Close	Dec 13, 2024	Dec 23, 2024
Basis Of Allotment (Tentative)	Dec 16, 2024	Dec 24, 2024
Initiation of Refunds (Tentative)	Dec 17, 2024	Dec 26, 2024
Credit of Share (Tentative)	Dec 17, 2024	Dec 26, 2024
Listing date (Tentative)	Dec 18, 2024	Dec 27, 2024
Anchor Lockin End date 1	Jan 15, 2025	Jan 23, 2025
Anchor Lockin End date 2	Mar 16, 2025	Mar 24, 2025

Financials

Sai Life Sciences IPO P/E ratio is 126.42, as compared to Transrail Lighting IPO P/E ratio of .

Sai Life Sciences IPO

Transrail Lighting IPO

Financial

Sai Life Sciences Limited Financial Information (Restated Consolidated)

Sai Life Sciences Limited's revenue increased by 20% and profit after tax (PAT) rose by 729% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,476.78	2,275.14	2,186.65	2,164.23
Revenue	693.35	1,494.27	1,245.11	897.74
Profit After Tax	28.01	82.81	9.99	6.23
Net Worth	1,044.75	974.34	887.29	877.76
Reserves and Surplus	1,025.44	953.99	867.43	859.17
Total Borrowing	764.49	710.16	699.23	751.32
Amount in ₹ Crore

Transrail Lighting Limited Financial Information (Restated Consolidated)

Transrail Lighting Limited's revenue increased by 30.2% and profit after tax (PAT) rose by 116.8% 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	4,836.17	4,620.61	3,445.49	2,841.87
Revenue	929.70	4,130.00	3,172.03	2,357.20
Profit After Tax	51.74	233.21	107.57	64.71
Net Worth	1,140.65	1,075.87	709.15	599.32
Total Borrowing	603.43	643.19	604.92	469.12
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

40.48%

84.50%

Promoter Shareholding (Post-Issue)

35.1%

P/E Ratio

126.42

Market Cap

₹11418.63 Cr.

ROE

11.79%%

24.41%%

ROCE

15.96%%

24.33%%

Debt/Equity

0.56

EPS

₹4.34

RoNW

8.13%%

21.68%%

Shares Offered

In the Sai Life Sciences IPO retail investors (RII) are offered 1,93,97,392 shares while in Transrail Lighting IPO retail investors are offered 1,93,97,392 shares. Qualified institutional buyers (QIB) are offered 1,10,84,225 shares in Sai Life Sciences IPO and in Transrail Lighting IPO.

	Sai Life Sciences IPO	Transrail Lighting IPO
Anchor Investor Reserveration	1,66,26,336 shares
Market Maker Reserveration
QIB	1,10,84,225 shares
NII	83,13,168 shares
RII	1,93,97,392 shares
Employee	0 shares
Others
Total	3,87,94,785 shares

Bids Received (Subscription)

Sai Life Sciences IPO subscribed 1.25x in total, whereas Transrail Lighting IPO subscribed .

	Sai Life Sciences IPO	Transrail Lighting IPO
QIB (times)	3.20x
NII (times)	0.60x
Big NII (times)	0.58x
Small NII (times)	0.62x
RII (times)	0.42x
Employee (times)
Other (times)
Total (times)	1.25x

Compare with others

Sai Life Sciences IPO	Transrail Lighting IPO
Indo Farm Equipment IPO	DAM Capital Advisors IPO
Transrail Lighting IPO	Indo Farm Equipment IPO
International Gemmological Institute IPO	International Gemmological Institute IPO
Mobikwik IPO	Mobikwik IPO
Inventurus Knowledge Solutions IPO	Inventurus Knowledge Solutions IPO
Vishal Mega Mart IPO	Sai Life Sciences IPO
Suraksha Diagnostic IPO	Vishal Mega Mart IPO
Property Share REIT IPO
Enviro Infra Engineers IPO
BlackBuck IPO

Comments

Add a public comment...