Ceigall India IPO vs Sanstar IPO

Comparision between Ceigall India IPO and Sanstar IPO.

IPO Details

Ceigall India IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Ceigall India IPO	Sanstar 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	ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Ceigall India IPO is up to ₹1,252.66 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Ceigall India IPO is and of Sanstar IPO is ₹95.00 per share.

	Ceigall India IPO	Sanstar IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹380.00 per share	₹90.00 per share
Issue Price (Upper)	₹401.00 per share	₹95.00 per share
Issue Price (Final)		₹95.00 per share
Discount (Retail)
Discount (Employee)	₹38.00 per share
Market Lot Size		150 shares
Fresh Issue Size	1,70,63,640 shares	4,18,00,000 shares
Fresh Issue Size (Amount)	up to ₹684.25 Cr	up to ₹397.10 Cr
OFS Issue Size	1,41,74,840 shares	1,19,00,000 shares
OFS Issue Size (Amount)	up to ₹568.41 Cr	up to ₹113.05 Cr
Issue Size Total	3,12,38,480 shares	5,37,00,000 shares
Issue Size Total (Amount)	up to ₹1,252.66 Cr	up to ₹510.15 Cr

IPO Timetable

Ceigall India IPO opens on Aug 01, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Ceigall India IPO and Sanstar IPO is Aug 05, 2024, and Jul 23, 2024, respectively.

	Ceigall India IPO	Sanstar IPO
Anchor Bid Date	Jul 31, 2024	Jul 18, 2024
Issue Open	Aug 01, 2024	Jul 19, 2024
Issue Close	Aug 05, 2024	Jul 23, 2024
Basis Of Allotment (Tentative)	Aug 06, 2024	Jul 24, 2024
Initiation of Refunds (Tentative)	Aug 07, 2024	Jul 25, 2024
Credit of Share (Tentative)	Aug 07, 2024	Jul 25, 2024
Listing date (Tentative)	Aug 08, 2024	Jul 26, 2024
Anchor Lockin End date 1	Sep 05, 2024	Aug 23, 2024
Anchor Lockin End date 2	Nov 04, 2024	Oct 22, 2024

Financials

Ceigall India IPO P/E ratio is 20.67, as compared to Sanstar IPO P/E ratio of 19.98.

Ceigall India IPO

Sanstar IPO

Financial

Ceigall India Limited Financial Information (Restated Consolidated)

Ceigall India Limited's revenue increased by 46.92% and profit after tax (PAT) rose by 81.81% 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	2,592.19	1,827.82	959.14
Revenue	3,066.19	2,087.04	1,146.50
Profit After Tax	304.91	167.70	126.43
Net Worth	906.41	593.06	431.25
Total Borrowing	1,811.02	1,252.58	652.12
Amount in ₹ Crore

Sanstar Limited Financial Information (Restated Consolidated)

Sanstar Limited's revenue decreased by -10.58% and profit after tax (PAT) rose by 59.71% 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	527.57	368.35	207.45
Revenue	1,081.68	1,209.67	504.77
Profit After Tax	66.77	41.81	15.92
Net Worth	215.91	149.28	48.97
Reserves and Surplus	225.18	158.41	55.69
Total Borrowing	127.64	111.70	85.22
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.99%

99.77%

Promoter Shareholding (Post-Issue)

70.37%

P/E Ratio

20.67

19.98

Market Cap

₹6985.41 Cr.

₹1731.32 Cr.

ROE

33.57%%

30.92%%

ROCE

31.98%%

24.43%%

Debt/Equity

1.17

0.5

EPS

₹19.40

₹4.75

RoNW

33.57%%

30.92%%

Shares Offered

In the Ceigall India IPO retail investors (RII) are offered while in Sanstar IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Ceigall India IPO and 1,07,40,000 shares in Sanstar IPO.

	Ceigall India IPO	Sanstar IPO
Anchor Investor Reserveration		1,61,10,000 shares
Market Maker Reserveration
QIB		1,07,40,000 shares
NII		80,55,000 shares
RII		1,87,95,000 shares
Employee		0 shares
Others
Total		3,75,90,000 shares

Bids Received (Subscription)

Ceigall India IPO subscribed in total, whereas Sanstar IPO subscribed 82.99x.

	Ceigall India IPO	Sanstar IPO
QIB (times)		145.68x
NII (times)		136.49x
Big NII (times)		149.44x
Small NII (times)		110.61x
RII (times)		24.23x
Employee (times)
Other (times)
Total (times)		82.99x

Compare with others

Ceigall India IPO	Sanstar IPO
Akums Drugs and Pharmaceuticals IPO	Ceigall India IPO
Sanstar IPO	Akums Drugs and Pharmaceuticals IPO
Bansal Wire IPO	Bansal Wire IPO
Emcure Pharma IPO	Emcure Pharma IPO
OLA Electric IPO	OLA Electric IPO
	Vraj Iron and Steel IPO
	Aasaan Loans IPO

Comments

Add a public comment...