Scarnose International IPO vs Sonu Infratech IPO

Comparision between Scarnose International IPO and Sonu Infratech IPO.

IPO Details

Scarnose International IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sonu Infratech IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Scarnose International IPO	Sonu Infratech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Swastika Investmart Ltd
Registrar	Cameo Corporate Services Limited	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Scarnose International IPO is up to ₹6.60 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.64 Cr. The final issue price of Scarnose International IPO is ₹55.00 per share and of Sonu Infratech IPO is ₹36.00 per share.

	Scarnose International IPO	Sonu Infratech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹55.00 per share	₹36.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	12,00,000 shares	24,00,000 shares
Fresh Issue Size (Amount)	up to ₹6.60 Cr	up to ₹8.64 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,00,000 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹6.60 Cr	up to ₹8.64 Cr

IPO Timetable

Scarnose International IPO opens on Jun 14, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Scarnose International IPO and Sonu Infratech IPO is Jun 17, 2022, and May 05, 2022, respectively.

	Scarnose International IPO	Sonu Infratech IPO
Anchor Bid Date
Issue Open	Jun 14, 2022	Apr 29, 2022
Issue Close	Jun 17, 2022	May 05, 2022
Basis Of Allotment (Tentative)	Jun 22, 2022	May 10, 2022
Initiation of Refunds (Tentative)	Jun 23, 2022	May 11, 2022
Credit of Share (Tentative)	Jun 24, 2022	May 12, 2022
Listing date (Tentative)	Jun 27, 2022
Anchor Lockin End date 1	Jul 22, 2022	Jun 09, 2022
Anchor Lockin End date 2	Sep 20, 2022	Aug 08, 2022

Financials

Scarnose International IPO P/E ratio is 51.89, as compared to Sonu Infratech IPO P/E ratio of 15.79.

Scarnose International IPO

Sonu Infratech IPO

Financial

Scarnose International Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1204.91	1204.56	2.81	4.05	3.04
31-Mar-21	457.8	3255.72	22.51	190.55	148.55
31-Mar-22	1242.25	9593.02	33.42	339	143.98
Amount in ₹ Lakhs

Summary of financial Information (RESTATED)
Particulars	For the year/period ended (Rs in Lakhs)
	31-Oct-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	5,503.07	4,319.18	2,902.96	2,696.21
Total Revenue	3,239.50	4,076.69	4,114.07	3,412.77
Profit After Tax	104.27	139.80	66.01	64.47

Promoter Shareholding (Pre-Issue)

99.99%

94.28%

Promoter Shareholding (Post-Issue)

61.90%

65.45%

P/E Ratio

51.89

15.79

Market Cap

₹17.33 Cr.

₹28.26 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Scarnose International IPO retail investors (RII) are offered 5,70,000 shares while in Sonu Infratech IPO retail investors are offered 5,70,000 shares. Qualified institutional buyers (QIB) are offered in Scarnose International IPO and in Sonu Infratech IPO.

	Scarnose International IPO	Sonu Infratech IPO
Anchor Investor Reserveration
Market Maker Reserveration	60,000 shares	1,20,000 shares
QIB
NII	5,70,000 shares	11,40,000 shares
RII	5,70,000 shares	11,40,000 shares
Employee
Others
Total	11,40,000 shares	22,80,000 shares

Bids Received (Subscription)

Scarnose International IPO subscribed 2.22x in total, whereas Sonu Infratech IPO subscribed 16.52x.

	Scarnose International IPO	Sonu Infratech IPO
QIB (times)
NII (times)	2.09x	13.43x
Big NII (times)
Small NII (times)
RII (times)	2.34x	19.60x
Employee (times)
Other (times)
Total (times)	2.22x	16.52x

Compare with others

Scarnose International IPO	Sonu Infratech IPO
Mangalam Worldwide IPO	Scarnose International IPO
Modis Navnirman IPO	Silver Pearl Hospitality IPO
Pearl Green Clubs and Resorts IPO	Fidel Softech IPO
KCK Industries IPO	Globesecure Technologies IPO
Goel Food Products IPO	Rachana Infrastructure IPO
Silver Pearl Hospitality IPO	Nanavati Ventures IPO
Fidel Softech IPO	Fone4 Communications IPO
Globesecure Technologies IPO	Le Merite Exports IPO
Rachana Infrastructure IPO	Shashwat Furnishing Solutions IPO
Sonu Infratech IPO	Global Longlife Hospital IPO

Comments

Add a public comment...