Shigan Quantum Technologies IPO vs Swaraj Suiting IPO

Comparision between Shigan Quantum Technologies IPO and Swaraj Suiting IPO.

IPO Details

Shigan Quantum Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Swaraj Suiting IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Shigan Quantum Technologies IPO	Swaraj Suiting IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Finshore Management Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
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 Shigan Quantum Technologies IPO is up to ₹22.70 Cr whereas the issue size of the Swaraj Suiting IPO is up to ₹10.68 Cr. The final issue price of Shigan Quantum Technologies IPO is ₹50.00 per share and of Swaraj Suiting IPO is ₹56.00 per share.

	Shigan Quantum Technologies IPO	Swaraj Suiting IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹56.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	45,39,000 shares	19,08,000 shares
Fresh Issue Size (Amount)	up to ₹22.70 Cr	up to ₹10.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,39,000 shares	19,08,000 shares
Issue Size Total (Amount)	up to ₹22.70 Cr	up to ₹10.68 Cr

IPO Timetable

Shigan Quantum Technologies IPO opens on Feb 28, 2022, while Swaraj Suiting IPO opens on Mar 15, 2022. The closing date of Shigan Quantum Technologies IPO and Swaraj Suiting IPO is Mar 03, 2022, and Mar 17, 2022, respectively.

	Shigan Quantum Technologies IPO	Swaraj Suiting IPO
Anchor Bid Date
Issue Open	Feb 28, 2022	Mar 15, 2022
Issue Close	Mar 03, 2022	Mar 17, 2022
Basis Of Allotment (Tentative)	Mar 08, 2022	Mar 23, 2022
Initiation of Refunds (Tentative)	Mar 09, 2022	Mar 24, 2022
Credit of Share (Tentative)	Mar 10, 2022	Mar 25, 2022
Listing date (Tentative)	Mar 11, 2022	Mar 28, 2022
Anchor Lockin End date 1	Apr 07, 2022	Apr 22, 2022
Anchor Lockin End date 2	Jun 06, 2022	Jun 21, 2022

Financials

Shigan Quantum Technologies IPO P/E ratio is 12.41, as compared to Swaraj Suiting IPO P/E ratio of 10.55.

Shigan Quantum Technologies IPO

Swaraj Suiting IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Aug-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	4,679.17	4,529.57	2,473.48	2,205.65
Total Revenue	6,439.76	9,602.26	7,278.78	6,908.42
Profit After Tax	289.29	351.34	292.07	266.07

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in million)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	916.23	917.17	970.45	937.34
Total Revenue	817.19	602.16	806.53	764.17
Profit After Tax	19.10	26.75	35.43	21.86

Promoter Shareholding (Pre-Issue)

100%

99.74%

Promoter Shareholding (Post-Issue)

73.63%

73.31%

P/E Ratio

12.41

10.55

Market Cap

₹86.08 Cr.

₹40.32 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Shigan Quantum Technologies IPO retail investors (RII) are offered 21,57,000 shares while in Swaraj Suiting IPO retail investors are offered 21,57,000 shares. Qualified institutional buyers (QIB) are offered in Shigan Quantum Technologies IPO and in Swaraj Suiting IPO.

	Shigan Quantum Technologies IPO	Swaraj Suiting IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,28,000 shares	96,000 shares
QIB
NII	21,54,000 shares	9,04,000 shares
RII	21,57,000 shares	9,08,000 shares
Employee
Others
Total	43,11,000 shares	18,12,000 shares

Bids Received (Subscription)

Shigan Quantum Technologies IPO subscribed 17.95x in total, whereas Swaraj Suiting IPO subscribed 12.13x.

	Shigan Quantum Technologies IPO	Swaraj Suiting IPO
QIB (times)
NII (times)	27.70x	13.81x
Big NII (times)
Small NII (times)
RII (times)	8.21x	10.46x
Employee (times)
Other (times)
Total (times)	17.95x	12.13x

Compare with others

Shigan Quantum Technologies IPO	Swaraj Suiting IPO
Evoq Remedies IPO	krishna defence ipo
Swaraj Suiting IPO	p e-analytics-ipo
KN Agri IPO	achyut-healthcare-ipo
SP Refractories IPO	Bhatia Colour Chem IPO
Cool Caps IPO	Evoq Remedies IPO
Ekennis Software IPO	KN Agri IPO
Richa Info Systems IPO	SP Refractories IPO
Madhavbaug IPO	Cool Caps IPO
Quality RO IPO	Shigan Quantum Technologies IPO
Maruti Interior IPO	Ekennis Software IPO

Comments

Add a public comment...