Shoora Designs IPO vs Yudiz Solutions IPO

Comparision between Shoora Designs IPO and Yudiz Solutions IPO.

IPO Details

Shoora Designs IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Yudiz Solutions IPO is a SME Book Built Issue proposed to list at NSE SME.

	Shoora Designs IPO	Yudiz Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Swaraj shares and securities private limited	Narnolia Financial Services Ltd
Registrar	Kfin Technologies Limited	Mas Services Limited
Market Maker	Rikhav Securities Limited	Kantilal Chhaganlal Securities Private 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 Shoora Designs IPO is up to ₹2.03 Cr whereas the issue size of the Yudiz Solutions IPO is up to ₹44.84 Cr. The final issue price of Shoora Designs IPO is ₹48.00 per share and of Yudiz Solutions IPO is ₹165.00 per share.

	Shoora Designs IPO	Yudiz Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹162.00 per share
Issue Price (Upper)		₹165.00 per share
Issue Price (Final)	₹48.00 per share	₹165.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	800 shares
Fresh Issue Size	4,23,000 shares	27,17,600 shares
Fresh Issue Size (Amount)	up to ₹2.03 Cr	up to ₹44.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	4,24,000 shares	27,17,600 shares
Issue Size Total (Amount)	up to ₹2.03 Cr	up to ₹44.84 Cr

IPO Timetable

Shoora Designs IPO opens on Aug 17, 2023, while Yudiz Solutions IPO opens on Aug 04, 2023. The closing date of Shoora Designs IPO and Yudiz Solutions IPO is Aug 21, 2023, and Aug 08, 2023, respectively.

	Shoora Designs IPO	Yudiz Solutions IPO
Anchor Bid Date		Aug 03, 2023
Issue Open	Aug 17, 2023	Aug 04, 2023
Issue Close	Aug 21, 2023	Aug 08, 2023
Basis Of Allotment (Tentative)	Aug 24, 2023	Aug 11, 2023
Initiation of Refunds (Tentative)	Aug 25, 2023	Aug 14, 2023
Credit of Share (Tentative)	Aug 28, 2023	Aug 17, 2023
Listing date (Tentative)	Aug 29, 2023	Aug 17, 2023
Anchor Lockin End date 1	Sep 23, 2023	Sep 10, 2023
Anchor Lockin End date 2	Nov 22, 2023	Nov 09, 2023

Financials

Shoora Designs IPO P/E ratio is 35.82, as compared to Yudiz Solutions IPO P/E ratio of 61.8.

Shoora Designs IPO

Yudiz Solutions IPO

Financial

Shoora Designs IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	0.75	15.03	168.99
Revenue		16.26	210.61
Profit After Tax	-0.50	3.91	11.46
Net Worth	0.50	4.41	158.59
Reserves and Surplus	-0.50	3.41	51.02
Total Borrowing			0.30

Amount in ₹ Lakhs

Yudiz Solutions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	759.86	958.58	1,701.80
Revenue	1,305.41	1,881.55	2,744.75
Profit After Tax	80.76	74.07	275.17
Net Worth	539.99	669.03	1,089.21
Reserves and Surplus
Total Borrowing

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

71.77%

73.66%

P/E Ratio

35.82

61.8

Market Cap

₹7.19 Cr.

₹170.27 Cr.

ROE

14.06%%

25.26%%

ROCE

9.89%%

14.02%

Debt/Equity

EPS

₹1.34

₹7.47

RoNW

7.22%%

25.26%%

Shares Offered

In the Shoora Designs IPO retail investors (RII) are offered 1,98,000 shares while in Yudiz Solutions IPO retail investors are offered 1,98,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Shoora Designs IPO and 5,20,000 shares in Yudiz Solutions IPO.

	Shoora Designs IPO	Yudiz Solutions IPO
Anchor Investor Reserveration		7,60,000 shares
Market Maker Reserveration	27,000 shares	1,36,800 shares
QIB	0 shares	5,20,000 shares
NII	1,98,000 shares	3,92,800 shares
RII	1,98,000 shares	9,08,000 shares
Employee	0 shares	0 shares
Others
Total	3,96,000 shares	18,20,800 shares

Bids Received (Subscription)

Shoora Designs IPO subscribed 64.52x in total, whereas Yudiz Solutions IPO subscribed 5.03x.

	Shoora Designs IPO	Yudiz Solutions IPO
QIB (times)		2.81x
NII (times)	34.68x	4.77x
Big NII (times)
Small NII (times)
RII (times)	93.73x	6.41x
Employee (times)
Other (times)
Total (times)	64.52x	5.03x

Compare with others

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Sangani Hospitals IPO	Shri Techtex IPO
Yudiz Solutions IPO	Vinsys IT Services IPO

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