SAR Televenture FPO vs Tunwal E-Motors IPO

Comparision between SAR Televenture FPO and Tunwal E-Motors IPO.

IPO Details

SAR Televenture FPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Tunwal E-Motors IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	SAR Televenture FPO	Tunwal E-Motors IPO
Logo
Issue Category	SME	SME
Issue Type	FPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Horizon Management Private Limited
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Asit C.Mehta Investment Interrmediates Ltd.	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 SAR Televenture FPO is up to ₹150.00 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹115.64 Cr. The final issue price of SAR Televenture FPO is ₹210.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.

	SAR Televenture FPO	Tunwal E-Motors IPO
Face Value	₹2 per share	₹2 per share
Issue Price (Lower)	₹200.00 per share
Issue Price (Upper)	₹210.00 per share
Issue Price (Final)	₹210.00 per share	₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	500 shares	2000 shares
Fresh Issue Size	71,42,857 shares	1,38,50,000 shares
Fresh Issue Size (Amount)	up to ₹150.00 Cr	up to ₹81.72 Cr
OFS Issue Size		57,50,000 shares
OFS Issue Size (Amount)		up to ₹33.93 Cr
Issue Size Total	71,42,857 shares	1,96,00,000 shares
Issue Size Total (Amount)	up to ₹150.00 Cr	up to ₹115.64 Cr

IPO Timetable

SAR Televenture FPO opens on Jul 22, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of SAR Televenture FPO and Tunwal E-Motors IPO is Jul 24, 2024, and Jul 18, 2024, respectively.

	SAR Televenture FPO	Tunwal E-Motors IPO
Anchor Bid Date	Jul 19, 2024
Issue Open	Jul 22, 2024	Jul 15, 2024
Issue Close	Jul 24, 2024	Jul 18, 2024
Basis Of Allotment (Tentative)	Jul 25, 2024	Jul 19, 2024
Initiation of Refunds (Tentative)	Jul 26, 2024	Jul 22, 2024
Credit of Share (Tentative)	Jul 26, 2024	Jul 22, 2024
Listing date (Tentative)	Jul 29, 2024	Jul 23, 2024
Anchor Lockin End date 1	Aug 24, 2024
Anchor Lockin End date 2	Oct 23, 2024

Financials

SAR Televenture FPO P/E ratio is 14.79, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.

SAR Televenture FPO

Tunwal E-Motors IPO

Financial

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited 's revenue increased by 281.87% and profit after tax (PAT) rose by 297.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	26,641.86	2,422.42	410.83
Revenue	12,416.97	3,251.63	475.35
Profit After Tax	1,566.17	393.59	3.71
Net Worth	7,180.41	1,185.59	-7.74
Reserves and Surplus	6,880.41	1,120.30	-11.91
Total Borrowing	17,787.41	444.41	337.09
Amount in ₹ Lakhs

Tunwal E-Motors Limited Financial Information (Restated)

Tunwal E-Motors Limited's revenue increased by 37.85% and profit after tax (PAT) rose by 217.11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,582.97	5,694.49	5,037.44
Revenue	10,553.69	7,655.74	7,566.42
Profit After Tax	1,181.17	372.48	233.94
Net Worth	2,053.08	821.91	424.43
Reserves and Surplus	1,224.06	409.40	321.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

66.27%

97.04%

Promoter Shareholding (Post-Issue)

62.34%

P/E Ratio

14.79

20.71

Market Cap

₹326.28 Cr.

ROE

21.81%%

57.53%%

ROCE

6.63%%

59.38%%

Debt/Equity

2.48

EPS

₹2.85

RoNW

21.81%%

57.53%%

Shares Offered

In the SAR Televenture FPO retail investors (RII) are offered 24,93,750 shares while in Tunwal E-Motors IPO retail investors are offered 24,93,750 shares. Qualified institutional buyers (QIB) are offered 14,25,225 shares in SAR Televenture FPO and 0 shares in Tunwal E-Motors IPO.

	SAR Televenture FPO	Tunwal E-Motors IPO
Anchor Investor Reserveration	20,35,500 shares
Market Maker Reserveration		9,80,000 shares
QIB	14,25,225 shares	0 shares
NII	14,43,750 shares	93,10,000 shares
RII	24,93,750 shares	93,10,000 shares
Employee	0 shares	0 shares
Others
Total	53,62,725 shares	1,86,20,000 shares

Bids Received (Subscription)

SAR Televenture FPO subscribed 7.49x in total, whereas Tunwal E-Motors IPO subscribed 12.31x.

	SAR Televenture FPO	Tunwal E-Motors IPO
QIB (times)	8.31x
NII (times)	8.34x	7.61x
Big NII (times)
Small NII (times)
RII (times)	6.52x	16.64x
Employee (times)
Other (times)
Total (times)	7.49x	12.31x

Compare with others

SAR Televenture FPO	Tunwal E-Motors IPO
VVIP Infratech IPO	V.L.Infraprojects IPO
V.L.Infraprojects IPO	RNFI Services IPO
RNFI Services IPO	Macobs Technologies IPO
Macobs Technologies IPO	Kataria Industries IPO
Kataria Industries IPO	SAR Televenture FPO
Tunwal E-Motors IPO	Three M Paper Boards IPO
Three M Paper Boards IPO	Prizor Viztech IPO
Prizor Viztech IPO	Sati Poly Plast IPO
Sati Poly Plast IPO	Sahaj Solar IPO
Sahaj Solar IPO	Aelea Commodities IPO

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