SAR Televenture IPO vs Sunrest Lifescience IPO

Comparision between SAR Televenture IPO and Sunrest Lifescience IPO.

IPO Details

SAR Televenture IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sunrest Lifescience IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	SAR Televenture IPO	Sunrest Lifescience IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Mark Corporate Advisors Private Limited
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private Ltd
Market Maker	R.K.Stock Holding Private Limited	Svcm 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 SAR Televenture IPO is up to ₹24.75 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.85 Cr. The final issue price of SAR Televenture IPO is ₹55.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.

	SAR Televenture IPO	Sunrest Lifescience IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share
Issue Price (Upper)	₹55.00 per share
Issue Price (Final)	₹55.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	45,00,000 shares	12,91,200 shares
Fresh Issue Size (Amount)	up to ₹24.75 Cr	up to ₹10.85 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,00,000 shares	12,91,200 shares
Issue Size Total (Amount)	up to ₹24.75 Cr	up to ₹10.85 Cr

IPO Timetable

SAR Televenture IPO opens on Nov 01, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of SAR Televenture IPO and Sunrest Lifescience IPO is Nov 03, 2023, and Nov 09, 2023, respectively.

	SAR Televenture IPO	Sunrest Lifescience IPO
Anchor Bid Date	Oct 31, 2023
Issue Open	Nov 01, 2023	Nov 07, 2023
Issue Close	Nov 03, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 17, 2023
Listing date (Tentative)	Nov 08, 2023	Nov 20, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 04, 2024	Feb 13, 2024

Financials

SAR Televenture IPO P/E ratio is 0.6, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.

SAR Televenture IPO

Sunrest Lifescience IPO

Financial

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited's revenue increased by 584.05% and profit after tax (PAT) rose by 10367.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,324.77	2,420.77	410.83	144.82
Revenue	1,735.35	3,251.63	475.35	90.71
Profit After Tax	192.38	388.36	3.71	-2.71
Net Worth	3,324.40	1,178.72	-7.74	-11.57
Reserves and Surplus	3,114.40	1,113.42	-11.91	-15.62
Total Borrowing	752.18	839.01	337.09	136.87
Amount in ₹ Lakhs

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,706.28	1,671.37	1,301.97	948.15
Revenue	563.58	2,467.05	2,690.99	1,694.91
Profit After Tax	75.08	204.31	77.71	16.55
Net Worth	386.60	311.52	107.20	29.49
Reserves and Surplus	86.60	11.52	106.20	28.49
Total Borrowing	347.32	214.32	323.83	231.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.80%

100%

Promoter Shareholding (Post-Issue)

69.91%

P/E Ratio

0.6

12.33

Market Cap

₹82.50 Cr.

₹36.05 Cr.

ROE

53%%

ROCE

98%%

Debt/Equity

0.65

0.64

EPS

₹91.08

₹6.81

RoNW

32.95%%

65.59%%

Shares Offered

In the SAR Televenture IPO retail investors (RII) are offered 15,00,000 shares while in Sunrest Lifescience IPO retail investors are offered 15,00,000 shares. Qualified institutional buyers (QIB) are offered 8,48,000 shares in SAR Televenture IPO and 0 shares in Sunrest Lifescience IPO.

	SAR Televenture IPO	Sunrest Lifescience IPO
Anchor Investor Reserveration	12,78,000 shares
Market Maker Reserveration	2,30,000 shares	65,600 shares
QIB	8,48,000 shares	0 shares
NII	6,50,000 shares	6,12,800 shares
RII	15,00,000 shares	6,12,800 shares
Employee	0 shares	0 shares
Others
Total	29,98,000 shares	12,25,600 shares

Bids Received (Subscription)

SAR Televenture IPO subscribed 288.09x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.

	SAR Televenture IPO	Sunrest Lifescience IPO
QIB (times)	77.00x
NII (times)	715.77x	29.17x
Big NII (times)
Small NII (times)
RII (times)	222.10x	65.74x
Employee (times)
Other (times)
Total (times)	288.09x	48.54x

Compare with others

SAR Televenture IPO	Sunrest Lifescience IPO
ROX Hi-Tech IPO	Swashthik Plascon IPO
Sunrest Lifescience IPO	Rockingdeals Circular Economy IPO
Sheetal Universal IPO	Arrowhead Seperation Engineering IPO
Baba Food Processing IPO	Kalyani Cast Tech IPO
Micropro Software Solutions IPO	ROX Hi-Tech IPO
Vrundavan Plantation IPO	Sheetal Universal IPO
Mish Designs IPO	Baba Food Processing IPO
KK Shah Hospitals IPO	Micropro Software Solutions IPO
Transteel Seating Technologies IPO	SAR Televenture IPO
Benchmark Computer Solutions IPO	Vrundavan Plantation IPO

Comments

Add a public comment...