Sati Poly Plast IPO vs Tunwal E-Motors IPO

Comparision between Sati Poly Plast IPO and Tunwal E-Motors IPO.

IPO Details

Sati Poly Plast IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Tunwal E-Motors IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Sati Poly Plast IPO	Tunwal E-Motors 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	Beeline Capital Advisors Pvt Ltd	Horizon Management Private Limited
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Spread X Securities Private Limited	Nikunj Stock Brokers Limited
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 Sati Poly Plast IPO is up to ₹17.36 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹115.64 Cr. The final issue price of Sati Poly Plast IPO is ₹130.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.

	Sati Poly Plast IPO	Tunwal E-Motors IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹123.00 per share
Issue Price (Upper)	₹130.00 per share
Issue Price (Final)	₹130.00 per share	₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	13,35,000 shares	1,38,50,000 shares
Fresh Issue Size (Amount)	up to ₹17.36 Cr	up to ₹81.72 Cr
OFS Issue Size		57,50,000 shares
OFS Issue Size (Amount)		up to ₹33.93 Cr
Issue Size Total	13,35,000 shares	1,96,00,000 shares
Issue Size Total (Amount)	up to ₹17.36 Cr	up to ₹115.64 Cr

IPO Timetable

Sati Poly Plast IPO opens on Jul 12, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of Sati Poly Plast IPO and Tunwal E-Motors IPO is Jul 16, 2024, and Jul 18, 2024, respectively.

	Sati Poly Plast IPO	Tunwal E-Motors IPO
Anchor Bid Date	Jul 11, 2024
Issue Open	Jul 12, 2024	Jul 15, 2024
Issue Close	Jul 16, 2024	Jul 18, 2024
Basis Of Allotment (Tentative)	Jul 18, 2024	Jul 19, 2024
Initiation of Refunds (Tentative)	Jul 19, 2024	Jul 22, 2024
Credit of Share (Tentative)	Jul 19, 2024	Jul 22, 2024
Listing date (Tentative)	Jul 22, 2024	Jul 23, 2024
Anchor Lockin End date 1	Aug 17, 2024
Anchor Lockin End date 2	Oct 16, 2024

Financials

Sati Poly Plast IPO P/E ratio is 14.29, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.

Sati Poly Plast IPO

Tunwal E-Motors IPO

Financial

Sati Poly Plast Limited Financial Information (Restated)

Sati Poly Plast Limited's revenue decreased by -6.05% and profit after tax (PAT) rose by 6.39% 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	5,637.57	4,194.08	3,578.70
Revenue	17,940.98	19,096.69	17,522.39
Profit After Tax	328.64	308.89	28.23
Net Worth	1,230.28	397.64	88.75
Reserves and Surplus	869.08	291.24	-17.65
Total Borrowing	2,520.14	2,630.50	2,358.89
Amount in ₹ Lakhs

Tunwal E-Motors Limited Financial Information (Restated)

Tunwal E-Motors Limited's revenue increased by 37.85% and profit after tax (PAT) rose by 217.11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,582.97	5,694.49	5,037.44
Revenue	10,553.69	7,655.74	7,566.42
Profit After Tax	1,181.17	372.48	233.94
Net Worth	2,053.08	821.91	424.43
Reserves and Surplus	1,224.06	409.40	321.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.30%

97.04%

Promoter Shareholding (Post-Issue)

63.00%

62.34%

P/E Ratio

14.29

20.71

Market Cap

₹64.31 Cr.

₹326.28 Cr.

ROE

40.38%%

57.53%%

ROCE

20.45%%

59.38%%

Debt/Equity

1.82

EPS

₹9.10

₹2.85

RoNW

26.71%%

57.53%%

Shares Offered

In the Sati Poly Plast IPO retail investors (RII) are offered 4,43,000 shares while in Tunwal E-Motors IPO retail investors are offered 4,43,000 shares. Qualified institutional buyers (QIB) are offered 2,53,000 shares in Sati Poly Plast IPO and 0 shares in Tunwal E-Motors IPO.

	Sati Poly Plast IPO	Tunwal E-Motors IPO
Anchor Investor Reserveration	3,79,000 shares
Market Maker Reserveration	70,000 shares	9,80,000 shares
QIB	2,53,000 shares	0 shares
NII	1,90,000 shares	93,10,000 shares
RII	4,43,000 shares	93,10,000 shares
Employee	0 shares	0 shares
Others
Total	8,86,000 shares	1,86,20,000 shares

Bids Received (Subscription)

Sati Poly Plast IPO subscribed 499.13x in total, whereas Tunwal E-Motors IPO subscribed 12.31x.

	Sati Poly Plast IPO	Tunwal E-Motors IPO
QIB (times)	146.00x
NII (times)	569.52x	7.61x
Big NII (times)
Small NII (times)
RII (times)	670.62x	16.64x
Employee (times)
Other (times)
Total (times)	499.13x	12.31x

Compare with others

Sati Poly Plast IPO	Tunwal E-Motors IPO
Kataria Industries IPO	V.L.Infraprojects IPO
SAR Televenture FPO	RNFI Services IPO
Tunwal E-Motors IPO	Macobs Technologies IPO
Three M Paper Boards IPO	Kataria Industries IPO
Prizor Viztech IPO	SAR Televenture FPO
Sahaj Solar IPO	Three M Paper Boards IPO
Aelea Commodities IPO	Prizor Viztech IPO
Ganesh Green Bharat IPO	Sati Poly Plast IPO
Effwa Infra and Research IPO	Sahaj Solar IPO
Ambey Laboratories IPO	Aelea Commodities IPO

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