Sahasra Electronics Solutions IPO vs Saj Hotels IPO

Comparision between Sahasra Electronics Solutions IPO and Saj Hotels IPO.

IPO Details

Sahasra Electronics Solutions IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Saj Hotels IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Sahasra Electronics Solutions IPO	Saj Hotels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Corpwis Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Satellite Corporate Services Private Limited
Market Maker	Hem Finlease Private Limited	Nnm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Sahasra Electronics Solutions IPO is up to ₹186.16 Cr whereas the issue size of the Saj Hotels IPO is up to ₹27.63 Cr. The final issue price of Sahasra Electronics Solutions IPO is ₹283.00 per share and of Saj Hotels IPO is ₹65.00 per share.

	Sahasra Electronics Solutions IPO	Saj Hotels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹269.00 per share
Issue Price (Upper)	₹283.00 per share
Issue Price (Final)	₹283.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	400 shares	2000 shares
Fresh Issue Size	60,78,000 shares	42,50,000 shares
Fresh Issue Size (Amount)	up to ₹172.01 Cr	up to ₹27.63 Cr
OFS Issue Size	5,00,000 shares
OFS Issue Size (Amount)	up to ₹14.15 Cr
Issue Size Total	65,78,000 shares	42,50,000 shares
Issue Size Total (Amount)	up to ₹186.16 Cr	up to ₹27.63 Cr

IPO Timetable

Sahasra Electronics Solutions IPO opens on Sep 26, 2024, while Saj Hotels IPO opens on Sep 27, 2024. The closing date of Sahasra Electronics Solutions IPO and Saj Hotels IPO is Sep 30, 2024, and Oct 01, 2024, respectively.

	Sahasra Electronics Solutions IPO	Saj Hotels IPO
Anchor Bid Date	Sep 25, 2024
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	Oct 31, 2024
Anchor Lockin End date 2	Dec 30, 2024

Financials

Sahasra Electronics Solutions IPO P/E ratio is 16.41, as compared to Saj Hotels IPO P/E ratio of 21.7.

Sahasra Electronics Solutions IPO

Saj Hotels IPO

Financial

Sahasra Electronics Solutions Limited Financial Information (Restated)

Sahasra Electronics Solutions Limited's revenue increased by 866% and profit after tax (PAT) rose by 1315% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023
Assets	10,804.36	4,820.23
Revenue	10,278.79	1,063.91
Profit After Tax	3,262.77	230.55
Net Worth	6,031.69	2,027.5
Reserves and Surplus	4,140.21	230.55
Total Borrowing	2,171.89	689.84
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)

95.00%

84.12%

Promoter Shareholding (Post-Issue)

69.90%

61.94%

P/E Ratio

16.41

21.7

Market Cap

₹707.30 Cr.

₹104.81 Cr.

ROE

54.09%%

19.91%%

ROCE

42.50%%

26.36%%

Debt/Equity

0.36

0.17

EPS

₹17.25

₹3.00

RoNW

54.09%%

19.91%%

Shares Offered

In the Sahasra Electronics Solutions IPO retail investors (RII) are offered 21,87,200 shares while in Saj Hotels IPO retail investors are offered 21,87,200 shares. Qualified institutional buyers (QIB) are offered 12,49,600 shares in Sahasra Electronics Solutions IPO and in Saj Hotels IPO.

	Sahasra Electronics Solutions IPO	Saj Hotels IPO
Anchor Investor Reserveration	18,74,000 shares
Market Maker Reserveration	3,29,000 shares	2,14,000 shares
QIB	12,49,600 shares
NII	9,38,200 shares
RII	21,87,200 shares
Employee	0 shares
Others
Total	43,75,000 shares

Bids Received (Subscription)

Sahasra Electronics Solutions IPO subscribed 5.07x in total, whereas Saj Hotels IPO subscribed .

	Sahasra Electronics Solutions IPO	Saj Hotels IPO
QIB (times)	6.38x
NII (times)	2.70x
Big NII (times)
Small NII (times)
RII (times)	5.34x
Employee (times)
Other (times)
Total (times)	5.07x

Compare with others

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

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