Sahara Maritime IPO vs Shree OSFM E-Mobility IPO

Comparision between Sahara Maritime IPO and Shree OSFM E-Mobility IPO.

IPO Details

Sahara Maritime IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shree OSFM E-Mobility IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Sahara Maritime IPO	Shree OSFM E-Mobility 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	Swaraj shares and securities private limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Bhh Securities Private Limited
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 Sahara Maritime IPO is up to ₹6.88 Cr whereas the issue size of the Shree OSFM E-Mobility IPO is up to ₹24.60 Cr. The final issue price of Sahara Maritime IPO is ₹81.00 per share and of Shree OSFM E-Mobility IPO is ₹65.00 per share.

	Sahara Maritime IPO	Shree OSFM E-Mobility IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹81.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	8,49,600 shares	37,84,000 shares
Fresh Issue Size (Amount)	up to ₹6.88 Cr	up to ₹24.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,49,600 shares	37,84,000 shares
Issue Size Total (Amount)	up to ₹6.88 Cr	up to ₹24.60 Cr

IPO Timetable

Sahara Maritime IPO opens on Dec 18, 2023, while Shree OSFM E-Mobility IPO opens on Dec 14, 2023. The closing date of Sahara Maritime IPO and Shree OSFM E-Mobility IPO is Dec 20, 2023, and Dec 18, 2023, respectively.

	Sahara Maritime IPO	Shree OSFM E-Mobility IPO
Anchor Bid Date
Issue Open	Dec 18, 2023	Dec 14, 2023
Issue Close	Dec 20, 2023	Dec 18, 2023
Basis Of Allotment (Tentative)	Dec 21, 2023	Dec 19, 2023
Initiation of Refunds (Tentative)	Dec 22, 2023	Dec 20, 2023
Credit of Share (Tentative)	Dec 22, 2023	Dec 20, 2023
Listing date (Tentative)	Dec 26, 2023	Dec 21, 2023
Anchor Lockin End date 1	Jan 20, 2024	Jan 18, 2024
Anchor Lockin End date 2	Mar 20, 2024	Mar 18, 2024

Financials

Sahara Maritime IPO P/E ratio is 15.03, as compared to Shree OSFM E-Mobility IPO P/E ratio of 22.08.

Sahara Maritime IPO

Shree OSFM E-Mobility IPO

Financial

Sahara Maritime Limited Financial Information (Restated)

Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	880.95	964.52	733.57	535.74
Revenue	531.99	2,611.12	2,104.52	1,021.64
Profit After Tax	1.04	120.74	52.35	64.78
Net Worth	531.58	530.54	365.69	313.34
Reserves and Surplus	309.47	308.43	364.69	312.34
Total Borrowing	163.81	173.26	11.97	38.72
Amount in ₹ Lakhs

Shree OSFM E-Mobility Limited Financial Information (Restated)

Shree OSFM E-Mobility Limited's revenue increased by 168.25% and profit after tax (PAT) rose by 89.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,019.67	4,203.97	2,588.41	2,909.86
Revenue	5,597.09	8,261.01	3,079.58	2,978.51
Profit After Tax	222.59	309.09	162.78	73.76
Net Worth	2,267.95	2,045.36	1,736.27	1,607.99
Reserves and Surplus	1,217.95	995.36	1,586.27	1,457.99
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

76.02%

Promoter Shareholding (Post-Issue)

72.32%

55.88%

P/E Ratio

15.03

22.08

Market Cap

₹24.87 Cr.

₹92.85 Cr.

ROE

26.72%%

0.09%%

ROCE

32.77%%

0.21%%

Debt/Equity

0.33

0.45

EPS

₹5.44

₹2.94

RoNW

22.76%%

15.11%%

Shares Offered

In the Sahara Maritime IPO retail investors (RII) are offered 4,03,200 shares while in Shree OSFM E-Mobility IPO retail investors are offered 4,03,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sahara Maritime IPO and 0 shares in Shree OSFM E-Mobility IPO.

	Sahara Maritime IPO	Shree OSFM E-Mobility IPO
Anchor Investor Reserveration
Market Maker Reserveration	43,200 shares	2,00,000 shares
QIB	0 shares	0 shares
NII	4,03,200 shares	17,92,000 shares
RII	4,03,200 shares	17,92,000 shares
Employee	0 shares	0 shares
Others
Total	8,06,400 shares	35,84,000 shares

Bids Received (Subscription)

Sahara Maritime IPO subscribed 22.67x in total, whereas Shree OSFM E-Mobility IPO subscribed 8.52x.

	Sahara Maritime IPO	Shree OSFM E-Mobility IPO
QIB (times)
NII (times)	8.98x	6.82x
Big NII (times)
Small NII (times)
RII (times)	36.35x	9.30x
Employee (times)
Other (times)
Total (times)	22.67x	8.52x

Compare with others

Sahara Maritime IPO	Shree OSFM E-Mobility IPO
Balaji Valve Components IPO	Sameera Agro IPO
AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
Indifra IPO	Sahara Maritime IPO
Sameera Agro IPO	Electro Force India IPO
Supreme Power Equipment IPO	Trident Techlabs IPO
Electro Force India IPO	Siyaram Recycling IPO
Trident Techlabs IPO	Presstonic Engineering IPO
Shree OSFM E-Mobility IPO	S J Logistics IPO
Siyaram Recycling IPO	Accent Microcell IPO
Presstonic Engineering IPO	Marinetrans India IPO

Comments

Add a public comment...