Nexxus Petro Industries IPO vs Saj Hotels IPO

Comparision between Nexxus Petro Industries IPO and Saj Hotels IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Saj Hotels IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Nexxus Petro Industries IPO	Saj Hotels 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	Srujan Alpha Capital Advisors Llp	Corpwis Advisors Private Limited
Registrar	Kfin Technologies Limited	Satellite Corporate Services Private Limited
Market Maker	Gretex Share Broking Private Limited	Nnm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Nexxus Petro Industries IPO is up to ₹19.43 Cr whereas the issue size of the Saj Hotels IPO is up to ₹27.63 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Saj Hotels IPO is ₹65.00 per share.

	Nexxus Petro Industries IPO	Saj Hotels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹105.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	18,50,400 shares	42,50,000 shares
Fresh Issue Size (Amount)	up to ₹19.43 Cr	up to ₹27.63 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,50,400 shares	42,50,000 shares
Issue Size Total (Amount)	up to ₹19.43 Cr	up to ₹27.63 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Saj Hotels IPO opens on Sep 27, 2024. The closing date of Nexxus Petro Industries IPO and Saj Hotels IPO is Sep 30, 2024, and Oct 01, 2024, respectively.

	Nexxus Petro Industries IPO	Saj Hotels IPO
Anchor Bid Date
Issue Open	Sep 26, 2024	Sep 27, 2024
Issue Close	Sep 30, 2024	Oct 01, 2024
Basis Of Allotment (Tentative)	Oct 01, 2024	Oct 03, 2024
Initiation of Refunds (Tentative)	Oct 03, 2024	Oct 04, 2024
Credit of Share (Tentative)	Oct 03, 2024	Oct 04, 2024
Listing date (Tentative)	Oct 04, 2024	Oct 07, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Saj Hotels IPO P/E ratio of 21.7.

Nexxus Petro Industries IPO

Saj Hotels IPO

Financial

Nexxus Petro Industries Limited Financial Information (Restated)

Nexxus Petro Industries Limited's revenue increased by 67% and profit after tax (PAT) rose by 73% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,892.55	1,644.96	932.77
Revenue	23,837.57	14,283.95	4,847.02
Profit After Tax	348.47	200.87	54.06
Net Worth	863.4	264.93	54.06
Reserves and Surplus	353.4	254.93	54.06
Total Borrowing	2,161.43	835.1	369.83
Amount in ₹ Lakhs

Saj Hotels Limited Financial Information (Restated Consolidated)

Saj Hotels Limited's revenue increased by 13.52% and profit after tax (PAT) dropped by -3.11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,808.46	9,892.53	9,626.45	3,286.02
Revenue	1,455.49	1,282.19	1,287.90	812.14
Profit After Tax	344.68	355.76	144.25	-120.18
Net Worth	1,734.49	1,316.84	891.08	754.46
Reserves and Surplus	7,721.70	8,325.19	7,977.20	1,748.59
Total Borrowing	291.52	614.14	1,053.54	938.51
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

84.12%

Promoter Shareholding (Post-Issue)

61.94%

P/E Ratio

15.37

21.7

Market Cap

₹72.98 Cr.

₹104.81 Cr.

ROE

61.77%%

19.91%%

ROCE

20.81%%

26.36%%

Debt/Equity

2.5

0.17

EPS

₹6.83

₹3.00

RoNW

40.36%%

19.91%%

Shares Offered

In the Nexxus Petro Industries IPO retail investors (RII) are offered 8,78,400 shares while in Saj Hotels IPO retail investors are offered 8,78,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Nexxus Petro Industries IPO and 0 shares in Saj Hotels IPO.

	Nexxus Petro Industries IPO	Saj Hotels IPO
Anchor Investor Reserveration
Market Maker Reserveration	93,600 shares	2,14,000 shares
QIB	0 shares	0 shares
NII	8,78,400 shares	20,18,000 shares
RII	8,78,400 shares	20,18,000 shares
Employee	0 shares	0 shares
Others
Total	17,56,801 shares	40,36,001 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 0.96x in total, whereas Saj Hotels IPO subscribed 0.06x.

	Nexxus Petro Industries IPO	Saj Hotels IPO
QIB (times)
NII (times)	0.01x	0.00x
Big NII (times)
Small NII (times)
RII (times)	1.91x	0.12x
Employee (times)
Other (times)
Total (times)	0.96x	0.06x

Compare with others

Nexxus Petro Industries IPO	Saj Hotels IPO
NeoPolitan Pizza and Foods IPO	Paramount Dye Tec IPO
Subam Papers IPO	HVAX Technologies IPO
Paramount Dye Tec IPO	Nexxus Petro Industries IPO
HVAX Technologies IPO	Forge Auto International IPO
Forge Auto International IPO	Sahasra Electronics Solutions IPO
Sahasra Electronics Solutions IPO	Thinking Hats Entertainment Solutions IPO
Saj Hotels IPO	Unilex Colours and Chemicals IPO
Thinking Hats Entertainment Solutions IPO	TechEra Engineering IPO
Unilex Colours and Chemicals IPO	Divyadhan Recycling Industries IPO
	Kalana Ispat IPO

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