Sapphire Foods IPO vs Star Health IPO

Comparision between Sapphire Foods IPO and Star Health IPO.

IPO Details

Sapphire Foods IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Star Health IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Sapphire Foods IPO	Star Health 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	Bofa Securities India Limited ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited	Ambit Private Limited Axis Capital Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited Clsa India Private Limited Credit Suisse Securities (India) Private Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Iifl Securities Ltd Jefferies India Private Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sapphire Foods IPO is up to ₹2,073.25 Cr whereas the issue size of the Star Health IPO is up to ₹7,249.18 Cr. The final issue price of Sapphire Foods IPO is ₹1,180.00 per share and of Star Health IPO is ₹900.00 per share.

	Sapphire Foods IPO	Star Health IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,120.00 per share	₹870.00 per share
Issue Price (Upper)	₹1,180.00 per share	₹900.00 per share
Issue Price (Final)	₹1,180.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)		₹80.00 per share
Market Lot Size	12 shares	16 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹2,000.00 Cr
OFS Issue Size	1,75,69,941 shares	5,83,24,225 shares
OFS Issue Size (Amount)	up to ₹2,073.25 Cr	up to ₹5,249.18 Cr
Issue Size Total	1,75,69,941 shares
Issue Size Total (Amount)	up to ₹2,073.25 Cr	up to ₹7,249.18 Cr

IPO Timetable

Sapphire Foods IPO opens on Nov 09, 2021, while Star Health IPO opens on Nov 30, 2021. The closing date of Sapphire Foods IPO and Star Health IPO is Nov 11, 2021, and Dec 02, 2021, respectively.

	Sapphire Foods IPO	Star Health IPO
Anchor Bid Date
Issue Open	Nov 09, 2021	Nov 30, 2021
Issue Close	Nov 11, 2021	Dec 02, 2021
Basis Of Allotment (Tentative)	Nov 16, 2021	Dec 07, 2021
Initiation of Refunds (Tentative)	Nov 17, 2021	Dec 08, 2021
Credit of Share (Tentative)	Nov 18, 2021	Dec 09, 2021
Listing date (Tentative)	Nov 18, 2021	Dec 10, 2021
Anchor Lockin End date 1	Dec 16, 2021	Jan 06, 2022
Anchor Lockin End date 2	Feb 14, 2022	Mar 07, 2022

Financials

Sapphire Foods IPO P/E ratio is , as compared to Star Health IPO P/E ratio of .

Sapphire Foods IPO

Star Health IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	13,710.76	13,088.66	13,489.37	13,806.64	15,674.72
Total Revenue	3,139.25	1,361.75	10,812.35	13,517.36	12,062.82
Profit After Tax	(264.03)	(751.73)	(998.97)	(1,592.47)	(694.04)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	30-Sep-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	49,749.42	21,008.88	44,665.72	18,967.69	16,426.35
Total Revenue	- 4,946.80	3,343.05	- 9,077.76	4,619.61	2,262.54
Profit After Tax	- 3,802.69	1,992.87	- 8,255.81	2,680.02	1,282.26

Promoter Shareholding (Pre-Issue)

60.08%

66.22%

Promoter Shareholding (Post-Issue)

49.97%

58.42%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sapphire Foods IPO retail investors (RII) are offered 17,56,994 shares while in Star Health IPO retail investors are offered 17,56,994 shares. Qualified institutional buyers (QIB) are offered 52,70,983 shares in Sapphire Foods IPO and 2,38,30,602 shares in Star Health IPO.

	Sapphire Foods IPO	Star Health IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	52,70,983 shares	2,38,30,602 shares
NII	26,35,491 shares	1,19,15,300 shares
RII	17,56,994 shares	79,43,533 shares
Employee	0 shares	12,19,512 shares
Others
Total	96,63,468 shares	4,49,08,947 shares

Bids Received (Subscription)

Sapphire Foods IPO subscribed 6.62x in total, whereas Star Health IPO subscribed 0.79x.

	Sapphire Foods IPO	Star Health IPO
QIB (times)	7.50x	1.03x
NII (times)	3.46x	0.19x
Big NII (times)
Small NII (times)
RII (times)	8.70x	1.10x
Employee (times)		0.10x
Other (times)
Total (times)	6.62x	0.79x

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