Shashwat Furnishing Solutions IPO vs Sunrise Efficient Marketing IPO

Comparision between Shashwat Furnishing Solutions IPO and Sunrise Efficient Marketing IPO.

IPO Details

Shashwat Furnishing Solutions IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sunrise Efficient Marketing IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Shashwat Furnishing Solutions IPO	Sunrise Efficient Marketing 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	Beeline Broking Ltd	Fedex Securities�Pvt Ltd
Registrar	Kfin Technologies Limited	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 Shashwat Furnishing Solutions IPO is up to ₹2.51 Cr whereas the issue size of the Sunrise Efficient Marketing IPO is up to ₹16.70 Cr. The final issue price of Shashwat Furnishing Solutions IPO is ₹45.00 per share and of Sunrise Efficient Marketing IPO is ₹121.00 per share.

	Shashwat Furnishing Solutions IPO	Sunrise Efficient Marketing IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹45.00 per share	₹121.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1000 shares
Fresh Issue Size	5,58,000 shares	13,80,000 shares
Fresh Issue Size (Amount)	up to ₹2.51 Cr	up to ₹16.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	5,58,000 shares	13,80,000 shares
Issue Size Total (Amount)	up to ₹2.51 Cr	up to ₹16.70 Cr

IPO Timetable

Shashwat Furnishing Solutions IPO opens on Apr 20, 2022, while Sunrise Efficient Marketing IPO opens on Mar 30, 2022. The closing date of Shashwat Furnishing Solutions IPO and Sunrise Efficient Marketing IPO is Apr 25, 2022, and Apr 05, 2022, respectively.

	Shashwat Furnishing Solutions IPO	Sunrise Efficient Marketing IPO
Anchor Bid Date
Issue Open	Apr 20, 2022	Mar 30, 2022
Issue Close	Apr 25, 2022	Apr 05, 2022
Basis Of Allotment (Tentative)		Apr 08, 2022
Initiation of Refunds (Tentative)		Apr 11, 2022
Credit of Share (Tentative)		Apr 12, 2022
Listing date (Tentative)		Apr 12, 2022
Anchor Lockin End date 1		May 08, 2022
Anchor Lockin End date 2		Jul 07, 2022

Financials

Shashwat Furnishing Solutions IPO P/E ratio is 53.6, as compared to Sunrise Efficient Marketing IPO P/E ratio of 9.7.

Shashwat Furnishing Solutions IPO

Sunrise Efficient Marketing IPO

Financial

Summary of financial Information (Restated Statements)
Particulars	For the year/period ended (Rs in Lakhs)
	28-Feb-22
Total Assets	234.44
Total Revenue	123.46
Profit After Tax	16.10

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21
Total Assets	2,279.36	1,651.16
Total Revenue	3,006.79	2,618.52
Profit After Tax	312.36	18.37

Promoter Shareholding (Pre-Issue)

100%

99.99%

Promoter Shareholding (Post-Issue)

73.28%

72.40%

P/E Ratio

53.6

9.7

Market Cap

₹9.40 Cr.

₹60.50 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Shashwat Furnishing Solutions IPO retail investors (RII) are offered 2,64,000 shares while in Sunrise Efficient Marketing IPO retail investors are offered 2,64,000 shares. Qualified institutional buyers (QIB) are offered in Shashwat Furnishing Solutions IPO and in Sunrise Efficient Marketing IPO.

	Shashwat Furnishing Solutions IPO	Sunrise Efficient Marketing IPO
Anchor Investor Reserveration
Market Maker Reserveration	30,000 shares	78,000 shares
QIB
NII	2,64,000 shares	6,51,000 shares
RII	2,64,000 shares	6,51,000 shares
Employee
Others
Total	5,28,000 shares	13,02,000 shares

Bids Received (Subscription)

Shashwat Furnishing Solutions IPO subscribed 4.62x in total, whereas Sunrise Efficient Marketing IPO subscribed 1.46x.

	Shashwat Furnishing Solutions IPO	Sunrise Efficient Marketing IPO
QIB (times)
NII (times)	2.43x	1.78x
Big NII (times)
Small NII (times)
RII (times)	6.81x	1.13x
Employee (times)
Other (times)
Total (times)	4.62x	1.46x

Compare with others

Shashwat Furnishing Solutions IPO	Sunrise Efficient Marketing IPO
Rachana Infrastructure IPO	Fone4 Communications IPO
Sonu Infratech IPO	Le Merite Exports IPO
Nanavati Ventures IPO	Shashwat Furnishing Solutions IPO
Fone4 Communications IPO	Global Longlife Hospital IPO
Le Merite Exports IPO	Eighty Jewellers IPO
Global Longlife Hospital IPO	Dhyaani Tile IPO
Eighty Jewellers IPO	Jeena Sikho IPO
Sunrise Efficient Marketing IPO	Empyrean Cashews IPO
Dhyaani Tile IPO	krishna defence ipo
Jeena Sikho IPO	p e-analytics-ipo

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