Sunita Tools IPO vs Techknowgreen Solutions IPO

Comparision between Sunita Tools IPO and Techknowgreen Solutions IPO.

IPO Details

Sunita Tools IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Techknowgreen Solutions IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Sunita Tools IPO	Techknowgreen Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Indorient Financial Services Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Alacrity Securities Ltd.
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 Sunita Tools IPO is up to ₹22.04 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹16.72 Cr. The final issue price of Sunita Tools IPO is ₹145.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.

	Sunita Tools IPO	Techknowgreen Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹145.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	13,20,000 shares	19,44,000 shares
Fresh Issue Size (Amount)	up to ₹19.14 Cr	up to ₹16.72 Cr
OFS Issue Size	2,00,000 shares
OFS Issue Size (Amount)	up to ₹2.90 Cr
Issue Size Total	15,20,000 shares	19,44,000 shares
Issue Size Total (Amount)	up to ₹22.04 Cr	up to ₹16.72 Cr

IPO Timetable

Sunita Tools IPO opens on Sep 26, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Sunita Tools IPO and Techknowgreen Solutions IPO is Oct 03, 2023, and Sep 21, 2023, respectively.

	Sunita Tools IPO	Techknowgreen Solutions IPO
Anchor Bid Date
Issue Open	Sep 26, 2023	Sep 18, 2023
Issue Close	Oct 03, 2023	Sep 21, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Sep 26, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Sep 27, 2023
Credit of Share (Tentative)	Oct 06, 2023	Sep 28, 2023
Listing date (Tentative)	Oct 11, 2023	Sep 27, 2023
Anchor Lockin End date 1	Nov 03, 2023	Oct 26, 2023
Anchor Lockin End date 2	Jan 02, 2024	Dec 25, 2023

Financials

Sunita Tools IPO P/E ratio is 16.88, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.

Sunita Tools IPO

Techknowgreen Solutions IPO

Financial

Sunita Tools IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,351.82	1,422.66	2,537.71
Revenue	691.50	888.88	1,417.33
Profit After Tax	26.66	80.99	337.71
Net Worth	-348.02	-267.02	320.69
Reserves and Surplus	-528.52	-447.52	-109.81
Total Borrowing	1,334.63	1,249.16	1,659.96

Amount in ₹ Lakhs

Techknowgreen Solutions IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,181.75	953.94	1,237.25
Revenue	785.27	999.09	1,486.28
Profit After Tax	37.17	108.18	451.38
Net Worth	296.43	355.86	633.63
Reserves and Surplus	-213.20	-153.76	124.00
Total Borrowing	450.71	285.86	287.40

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

89.02%

Promoter Shareholding (Post-Issue)

72.97%

65.58%

P/E Ratio

16.88

9.71

Market Cap

₹81.56 Cr.

₹63.49 Cr.

ROE

12.59%

88.57%%

ROCE

0.38%

98.74%%

Debt/Equity

5.17

0.45

EPS

₹13.96

₹8.86

RoNW

105.31%%

71.24%%

Shares Offered

In the Sunita Tools IPO retail investors (RII) are offered 7,21,000 shares while in Techknowgreen Solutions IPO retail investors are offered 7,21,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sunita Tools IPO and 0 shares in Techknowgreen Solutions IPO.

	Sunita Tools IPO	Techknowgreen Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	78,000 shares	97,600 shares
QIB	0 shares	0 shares
NII	7,21,000 shares	9,23,200 shares
RII	7,21,000 shares	9,23,200 shares
Employee	0 shares	0 shares
Others
Total	14,42,000 shares	18,46,400 shares

Bids Received (Subscription)

Sunita Tools IPO subscribed 13.24x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.

	Sunita Tools IPO	Techknowgreen Solutions IPO
QIB (times)
NII (times)	5.27x	9.08x
Big NII (times)
Small NII (times)
RII (times)	21.10x	15.82x
Employee (times)
Other (times)
Total (times)	13.24x	12.98x

Compare with others

Sunita Tools IPO	Techknowgreen Solutions IPO
Newjaisa Technologies IPO	Organic Recycling Systems IPO
Inspire Films IPO	Sunita Tools IPO
Goyal Salt IPO	Marco Cables & Conductors IPO
Saakshi Medtech and Panels IPO	Mangalam Alloys IPO
Organic Recycling Systems IPO	Master Components IPO
Marco Cables & Conductors IPO	Hi-Green Carbon IPO
Mangalam Alloys IPO	Kody Technolab IPO
Master Components IPO	Holmarc Opto-Mechatronics IPO
Techknowgreen Solutions IPO	Digikore Studios IPO
Hi-Green Carbon IPO	Madhusudan Masala IPO

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