Sai Swami Metals and Alloys IPO vs Storage Technologies Racks and Rollers IPO

Comparision between Sai Swami Metals and Alloys IPO and Storage Technologies Racks and Rollers IPO.

IPO Details

Sai Swami Metals and Alloys IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Storage Technologies Racks and Rollers IPO is a SME Book Built Issue proposed to list at BSE SME.

	Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Swastika Investmart Ltd	Oneview Corporate Advisors Pvt. Ltd.
Registrar	Bigshare Services Pvt Ltd	Integrated Registry Management Services Private Limited
Market Maker	Sunflower Broking 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 Sai Swami Metals and Alloys IPO is up to ₹15.00 Cr whereas the issue size of the Storage Technologies Racks and Rollers IPO is up to ₹29.95 Cr. The final issue price of Sai Swami Metals and Alloys IPO is ₹60.00 per share and of Storage Technologies Racks and Rollers IPO is ₹78.00 per share.

	Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹73.00 per share
Issue Price (Upper)		₹78.00 per share
Issue Price (Final)	₹60.00 per share	₹78.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	25,00,000 shares	38,40,000 shares
Fresh Issue Size (Amount)	up to ₹15.00 Cr	up to ₹29.95 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	25,00,000 shares	38,40,000 shares
Issue Size Total (Amount)	up to ₹15.00 Cr	up to ₹29.95 Cr

IPO Timetable

Sai Swami Metals and Alloys IPO opens on Apr 30, 2024, while Storage Technologies Racks and Rollers IPO opens on Apr 30, 2024. The closing date of Sai Swami Metals and Alloys IPO and Storage Technologies Racks and Rollers IPO is May 03, 2024, and May 03, 2024, respectively.

	Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
Anchor Bid Date		Apr 29, 2024
Issue Open	Apr 30, 2024	Apr 30, 2024
Issue Close	May 03, 2024	May 03, 2024
Basis Of Allotment (Tentative)	May 06, 2024	May 06, 2024
Initiation of Refunds (Tentative)	May 07, 2024	May 07, 2024
Credit of Share (Tentative)	May 07, 2024	May 07, 2024
Listing date (Tentative)	May 08, 2024	May 08, 2024
Anchor Lockin End date 1		Jun 05, 2024
Anchor Lockin End date 2		Aug 04, 2024

Financials

Sai Swami Metals and Alloys IPO P/E ratio is 11.34, as compared to Storage Technologies Racks and Rollers IPO P/E ratio of 48.45.

Sai Swami Metals and Alloys IPO

Storage Technologies Racks and Rollers IPO

Financial

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	2,617.31	2,583.16
Revenue	3,333.86	626.76
Profit After Tax	179.52	3.83
Net Worth	664.47	35.32
Reserves and Surplus	252.70	34.32
Total Borrowing	743.16	610.23
Amount in ₹ Lakhs

Storage Technologies & Automation Ltd Financial Information (Restated Consolidated)

Storage Technologies & Automation Ltd's revenue increased by 16.42% and profit after tax (PAT) rose by 335.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,375.77	4,004.01	3,567.70	3,113.04
Revenue	5,317.09	8,137.12	6,989.72	4,852.38
Profit After Tax	358.91	48.30	-20.49	118.42
Net Worth	953.52	594.61	546.31	566.81
Reserves and Surplus	653.52	294.61	246.31	466.81
Total Borrowing	1,632.53	931.63	871.10	347.48
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.88%

100.00%

Promoter Shareholding (Post-Issue)

62.15%

70.09%

P/E Ratio

11.34

48.45

Market Cap

₹39.71 Cr.

ROE

46.37%%

ROCE

22.52%%

Debt/Equity

EPS

₹5.29

₹11.96

RoNW

27.02%%

37.64%%

Shares Offered

In the Sai Swami Metals and Alloys IPO retail investors (RII) are offered 11,86,000 shares while in Storage Technologies Racks and Rollers IPO retail investors are offered 11,86,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sai Swami Metals and Alloys IPO and 7,28,000 shares in Storage Technologies Racks and Rollers IPO.

	Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
Anchor Investor Reserveration		10,89,600 shares
Market Maker Reserveration	1,28,000 shares	2,00,000 shares
QIB	0 shares	7,28,000 shares
NII	11,86,000 shares	5,47,200 shares
RII	11,86,000 shares	12,75,200 shares
Employee	0 shares	0 shares
Others
Total	23,72,000 shares	25,50,400 shares

Bids Received (Subscription)

Sai Swami Metals and Alloys IPO subscribed 543.72x in total, whereas Storage Technologies Racks and Rollers IPO subscribed 278.82x.

	Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
QIB (times)		117.86x
NII (times)	533.83x	577.02x
Big NII (times)
Small NII (times)
RII (times)	529.01x	242.74x
Employee (times)
Other (times)
Total (times)	543.72x	278.82x

Compare with others

Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO
Energy Mission Machineries IPO	Refractory Shapes IPO
TGIF Agribusiness IPO	Winsol Engineers IPO
Refractory Shapes IPO	Slone Infosystems IPO
Winsol Engineers IPO	Sai Swami Metals and Alloys IPO
Slone Infosystems IPO	Amkay Products IPO
Amkay Products IPO	Mandeep Auto Industries IPO
Storage Technologies Racks and Rollers IPO	ABS Marine Services IPO
Mandeep Auto Industries IPO	Shivam Chemicals IPO
ABS Marine Services IPO	Varyaa Creations IPO
Shivam Chemicals IPO	Faalcon Concepts IPO

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