Sigachi Industries IPO vs Tarsons Products IPO

Comparision between Sigachi Industries IPO and Tarsons Products IPO.

IPO Details

Sigachi Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tarsons Products IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Sigachi Industries IPO	Tarsons Products 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	Unistone Capital Pvt Ltd	Edelweiss Financial Services Ltd ICICI Securities Limited SBI Capital Markets Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Sigachi Industries IPO is up to ₹125.43 Cr whereas the issue size of the Tarsons Products IPO is up to ₹1,023.47 Cr. The final issue price of Sigachi Industries IPO is ₹163.00 per share and of Tarsons Products IPO is ₹662.00 per share.

	Sigachi Industries IPO	Tarsons Products IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹161.00 per share	₹635.00 per share
Issue Price (Upper)	₹163.00 per share	₹662.00 per share
Issue Price (Final)	₹163.00 per share	₹662.00 per share
Discount (Retail)
Discount (Employee)		₹61.00 per share
Market Lot Size	90 shares	22 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹150.00 Cr
OFS Issue Size		1,32,00,000 shares
OFS Issue Size (Amount)		up to ₹873.84 Cr
Issue Size Total	76,95,000 shares
Issue Size Total (Amount)	up to ₹125.43 Cr	up to ₹1,023.47 Cr

IPO Timetable

Sigachi Industries IPO opens on Nov 01, 2021, while Tarsons Products IPO opens on Nov 15, 2021. The closing date of Sigachi Industries IPO and Tarsons Products IPO is Nov 03, 2021, and Nov 17, 2021, respectively.

	Sigachi Industries IPO	Tarsons Products IPO
Anchor Bid Date
Issue Open	Nov 01, 2021	Nov 15, 2021
Issue Close	Nov 03, 2021	Nov 17, 2021
Basis Of Allotment (Tentative)	Nov 10, 2021	Nov 23, 2021
Initiation of Refunds (Tentative)	Nov 11, 2021	Nov 24, 2021
Credit of Share (Tentative)	Nov 12, 2021	Nov 25, 2021
Listing date (Tentative)	Nov 15, 2021	Nov 26, 2021
Anchor Lockin End date 1	Dec 10, 2021	Dec 23, 2021
Anchor Lockin End date 2	Feb 08, 2022	Feb 21, 2022

Financials

Sigachi Industries IPO P/E ratio is , as compared to Tarsons Products IPO P/E ratio of .

Sigachi Industries IPO

Tarsons Products 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	1,514.19	1,155.59	1,334.07	1,091.43	914.62
Total Revenue	551.22	448.16	1,960.10	1,439.49	1,328.77
Profit After Tax	89.89	60.59	302.60	203.15	190.12

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21
Total Assets	3,647.74	2,959.50
Total Revenue	711.27	2,342.91
Profit After Tax	248.35	688.70

Promoter Shareholding (Pre-Issue)

65%

50.75%

Promoter Shareholding (Post-Issue)

48%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sigachi Industries IPO retail investors (RII) are offered 26,93,250 shares while in Tarsons Products IPO retail investors are offered 26,93,250 shares. Qualified institutional buyers (QIB) are offered 15,39,000 shares in Sigachi Industries IPO and 30,81,172 shares in Tarsons Products IPO.

	Sigachi Industries IPO	Tarsons Products IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	15,39,000 shares	30,81,172 shares
NII	11,54,250 shares	23,10,880 shares
RII	26,93,250 shares	53,92,052 shares
Employee	0 shares	60,000 shares
Others
Total	53,86,500 shares	1,08,44,104 shares

Bids Received (Subscription)

Sigachi Industries IPO subscribed 101.91x in total, whereas Tarsons Products IPO subscribed 77.49x.

	Sigachi Industries IPO	Tarsons Products IPO
QIB (times)	86.51x	115.77x
NII (times)	172.43x	184.58x
Big NII (times)
Small NII (times)
RII (times)	80.49x	10.56x
Employee (times)		1.83x
Other (times)
Total (times)	101.91x	77.49x

Compare with others

Sigachi Industries IPO	Tarsons Products IPO
Star Health IPO	MapmyIndia IPO
GoColors IPO	Anand Rathi IPO
Tarsons Products IPO	Tega Industries IPO
Latent View Analytics IPO	Star Health IPO
Sapphire Foods IPO	GoColors IPO
Adani Wilmar IPO	Latent View Analytics IPO
PolicyBazaar IPO	Sapphire Foods IPO
Nykaa IPO	Sigachi Industries IPO
SJS Enterprises IPO	Adani Wilmar IPO
Fino Payments Bank IPO	PolicyBazaar IPO

Comments

Add a public comment...