Saj Hotels IPO vs Unilex Colours and Chemicals IPO

Comparision between Saj Hotels IPO and Unilex Colours and Chemicals IPO.

IPO Details

Saj Hotels IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Unilex Colours and Chemicals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Saj Hotels IPO	Unilex Colours and Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corpwis Advisors Private Limited	Hem Securities Limited
Registrar	Satellite Corporate Services Private Limited	Link Intime India Private Ltd
Market Maker	Nnm Securities Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Saj Hotels IPO is up to ₹27.63 Cr whereas the issue size of the Unilex Colours and Chemicals IPO is up to ₹31.32 Cr. The final issue price of Saj Hotels IPO is ₹65.00 per share and of Unilex Colours and Chemicals IPO is ₹87.00 per share.

	Saj Hotels IPO	Unilex Colours and Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹82.00 per share
Issue Price (Upper)		₹87.00 per share
Issue Price (Final)	₹65.00 per share	₹87.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	42,50,000 shares	36,00,000 shares
Fresh Issue Size (Amount)	up to ₹27.63 Cr	up to ₹31.32 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	42,50,000 shares	36,00,000 shares
Issue Size Total (Amount)	up to ₹27.63 Cr	up to ₹31.32 Cr

IPO Timetable

Saj Hotels IPO opens on Sep 27, 2024, while Unilex Colours and Chemicals IPO opens on Sep 25, 2024. The closing date of Saj Hotels IPO and Unilex Colours and Chemicals IPO is Oct 01, 2024, and Sep 27, 2024, respectively.

	Saj Hotels IPO	Unilex Colours and Chemicals IPO
Anchor Bid Date		Sep 24, 2024
Issue Open	Sep 27, 2024	Sep 25, 2024
Issue Close	Oct 01, 2024	Sep 27, 2024
Basis Of Allotment (Tentative)	Oct 03, 2024	Sep 30, 2024
Initiation of Refunds (Tentative)	Oct 04, 2024	Oct 01, 2024
Credit of Share (Tentative)	Oct 04, 2024	Oct 01, 2024
Listing date (Tentative)	Oct 07, 2024	Oct 03, 2024
Anchor Lockin End date 1		Oct 30, 2024
Anchor Lockin End date 2		Dec 29, 2024

Financials

Saj Hotels IPO P/E ratio is 21.7, as compared to Unilex Colours and Chemicals IPO P/E ratio of 14.13.

Saj Hotels IPO

Unilex Colours and Chemicals IPO

Financial

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

Unilex Colours and Chemicals Limited Financial Information (Restated Consolidated)

Unilex Colours and Chemicals Limited's revenue increased by 3% and profit after tax (PAT) rose by 24% 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	9,068.35	7,072.31	7,669.84
Revenue	14,932.88	14,441.84	15,156.73
Profit After Tax	616.67	497.07	471.17
Net Worth	3,686	3,202.89	2,805.98
Reserves and Surplus	2,684.3	2,868.99	2,472.08
Total Borrowing	2,161.4	1,166.83	1,135.09
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

84.12%

100.00%

Promoter Shareholding (Post-Issue)

61.94%

73.56%

P/E Ratio

21.7

14.13

Market Cap

₹104.81 Cr.

₹118.47 Cr.

ROE

19.91%%

17.93%%

ROCE

26.36%%

6.32%%

Debt/Equity

0.17

0.59

EPS

₹3.00

₹6.16

RoNW

19.91%%

16.73%%

Shares Offered

In the Saj Hotels IPO retail investors (RII) are offered while in Unilex Colours and Chemicals IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Saj Hotels IPO and 6,81,600 shares in Unilex Colours and Chemicals IPO.

	Saj Hotels IPO	Unilex Colours and Chemicals IPO
Anchor Investor Reserveration		10,20,800 shares
Market Maker Reserveration	2,14,000 shares	1,92,000 shares
QIB		6,81,600 shares
NII		5,12,000 shares
RII		11,93,600 shares
Employee		0 shares
Others
Total		23,87,200 shares

Bids Received (Subscription)

Saj Hotels IPO subscribed in total, whereas Unilex Colours and Chemicals IPO subscribed 5.42x.

	Saj Hotels IPO	Unilex Colours and Chemicals IPO
QIB (times)		3.64x
NII (times)		3.43x
Big NII (times)
Small NII (times)
RII (times)		7.29x
Employee (times)
Other (times)
Total (times)		5.42x

Compare with others

Saj Hotels IPO	Unilex Colours and Chemicals IPO
Paramount Dye Tec IPO	Nexxus Petro Industries IPO
HVAX Technologies IPO	Forge Auto International IPO
Nexxus Petro Industries IPO	Sahasra Electronics Solutions IPO
Forge Auto International IPO	Saj Hotels IPO
Sahasra Electronics Solutions IPO	Thinking Hats Entertainment Solutions IPO
Thinking Hats Entertainment Solutions IPO	TechEra Engineering IPO
Unilex Colours and Chemicals IPO	Divyadhan Recycling Industries IPO
TechEra Engineering IPO	Kalana Ispat IPO
Divyadhan Recycling Industries IPO	Avi Ansh Textile IPO
Kalana Ispat IPO	Rappid Valves (India) IPO

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