Sai Swami Metals and Alloys IPO vs Slone Infosystems IPO

Comparision between Sai Swami Metals and Alloys IPO and Slone Infosystems IPO.

IPO Details

Sai Swami Metals and Alloys IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Slone Infosystems IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Sai Swami Metals and Alloys IPO	Slone Infosystems IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Swastika Investmart Ltd	Jawa Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Sunflower Broking Private Limited	Aftertrade Broking Pvt Ltd
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 Sai Swami Metals and Alloys IPO is up to ₹15.00 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹11.06 Cr. The final issue price of Sai Swami Metals and Alloys IPO is ₹60.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

	Sai Swami Metals and Alloys IPO	Slone Infosystems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹60.00 per share	₹79.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	25,00,000 shares	14,00,000 shares
Fresh Issue Size (Amount)	up to ₹15.00 Cr	up to ₹11.06 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	25,00,000 shares	14,00,000 shares
Issue Size Total (Amount)	up to ₹15.00 Cr	up to ₹11.06 Cr

IPO Timetable

Sai Swami Metals and Alloys IPO opens on Apr 30, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Sai Swami Metals and Alloys IPO and Slone Infosystems IPO is May 03, 2024, and May 07, 2024, respectively.

	Sai Swami Metals and Alloys IPO	Slone Infosystems IPO
Anchor Bid Date
Issue Open	Apr 30, 2024	May 03, 2024
Issue Close	May 03, 2024	May 07, 2024
Basis Of Allotment (Tentative)	May 06, 2024	May 08, 2024
Initiation of Refunds (Tentative)	May 07, 2024	May 09, 2024
Credit of Share (Tentative)	May 07, 2024	May 09, 2024
Listing date (Tentative)	May 08, 2024	May 10, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Sai Swami Metals and Alloys IPO P/E ratio is 11.34, as compared to Slone Infosystems IPO P/E ratio of 40.94.

Sai Swami Metals and Alloys IPO

Slone Infosystems IPO

Financial

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	2,617.31	2,583.16
Revenue	3,333.86	626.76
Profit After Tax	179.52	3.83
Net Worth	664.47	35.32
Reserves and Surplus	252.70	34.32
Total Borrowing	743.16	610.23
Amount in ₹ Lakhs

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,978.58	1,190.71	1,167.37	929.41
Revenue	3,434.86	3,077.40	2,659.14	1,157.44
Profit After Tax	284.72	74.66	38.31	27.54
Net Worth	1,187.51	210.49	228.70	189.61
Reserves and Surplus	800.61	25.94
Total Borrowing	642.66	681.53	921.15	726.10
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.88%

99.43%

Promoter Shareholding (Post-Issue)

62.15%

73.01%

P/E Ratio

11.34

40.94

Market Cap

₹39.71 Cr.

₹41.63 Cr.

ROE

74%%

ROCE

34.44%%

Debt/Equity

0.33

EPS

₹5.29

₹1.93

RoNW

27.02%%

23.98%%

Shares Offered

In the Sai Swami Metals and Alloys IPO retail investors (RII) are offered 11,86,000 shares while in Slone Infosystems IPO retail investors are offered 11,86,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sai Swami Metals and Alloys IPO and 0 shares in Slone Infosystems IPO.

	Sai Swami Metals and Alloys IPO	Slone Infosystems IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,28,000 shares	70,400 shares
QIB	0 shares	0 shares
NII	11,86,000 shares	6,64,000 shares
RII	11,86,000 shares	6,65,600 shares
Employee	0 shares	0 shares
Others
Total	23,72,000 shares	13,29,600 shares

Bids Received (Subscription)

Sai Swami Metals and Alloys IPO subscribed 543.72x in total, whereas Slone Infosystems IPO subscribed 667.81x.

	Sai Swami Metals and Alloys IPO	Slone Infosystems IPO
QIB (times)
NII (times)	533.83x	756.88x
Big NII (times)
Small NII (times)
RII (times)	529.01x	540.80x
Employee (times)
Other (times)
Total (times)	543.72x	667.81x

Compare with others

Sai Swami Metals and Alloys IPO	Slone Infosystems IPO
Energy Mission Machineries IPO	Silkflex Polymers IPO
TGIF Agribusiness IPO	Energy Mission Machineries IPO
Refractory Shapes IPO	TGIF Agribusiness IPO
Winsol Engineers IPO	Refractory Shapes IPO
Slone Infosystems IPO	Winsol Engineers IPO
Amkay Products IPO	Sai Swami Metals and Alloys IPO
Storage Technologies Racks and Rollers IPO	Amkay Products IPO
Mandeep Auto Industries IPO	Storage Technologies Racks and Rollers IPO
ABS Marine Services IPO	Mandeep Auto Industries IPO
Shivam Chemicals IPO	ABS Marine Services IPO

Comments

Add a public comment...