FREE Account Opening + No Clearing Fees
Loading...

3C IT IPO vs Magenta Lifecare IPO

Comparision between 3C IT IPO and Magenta Lifecare IPO.

IPO Details

3C IT IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Magenta Lifecare IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  3C IT IPO Magenta Lifecare IPO
Logo 3C IT IPO Logo Magenta Lifecare 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 Kreo Capital Private Limited Fedex Securities Pvt Ltd
Registrar Skyline Financial Services Private Ltd Cameo Corporate Services Limited
Market Maker Shreni Shares Limited Sunflower Broking Private Limited
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 3C IT IPO is up to ₹11.44 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹7.00 Cr. The final issue price of 3C IT IPO is ₹52.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.

  3C IT IPO Magenta Lifecare IPO
Face Value ₹5 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹52.00 per share ₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 4000 shares
Fresh Issue Size 17,00,000 shares 20,00,000 shares
Fresh Issue Size (Amount) up to ₹8.84 Cr up to ₹7.00 Cr
OFS Issue Size 5,00,000 shares
OFS Issue Size (Amount) up to ₹2.60 Cr
Issue Size Total 22,00,000 shares 20,00,000 shares
Issue Size Total (Amount) up to ₹11.44 Cr up to ₹7.00 Cr

IPO Timetable

3C IT IPO opens on Jun 04, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of 3C IT IPO and Magenta Lifecare IPO is Jun 07, 2024, and Jun 07, 2024, respectively.

  3C IT IPO Magenta Lifecare IPO
Anchor Bid Date
Issue Open Jun 04, 2024 Jun 05, 2024
Issue Close Jun 07, 2024 Jun 07, 2024
Basis Of Allotment (Tentative) Jun 10, 2024 Jun 10, 2024
Initiation of Refunds (Tentative) Jun 11, 2024 Jun 11, 2024
Credit of Share (Tentative) Jun 11, 2024 Jun 11, 2024
Listing date (Tentative) Jun 12, 2024 Jun 12, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

3C IT IPO P/E ratio is 5.86, as compared to Magenta Lifecare IPO P/E ratio of 69.43.

  3C IT IPO Magenta Lifecare IPO
Financial

3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)

3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,898.432,886.143,465.471,835.90
Revenue2,355.666,293.486,694.114,063.52
Profit After Tax50.52113.62110.9085.93
Net Worth460.26409.73260.65149.75
Reserves and Surplus244.26373.73259.65148.75
Total Borrowing592.431,339.761,040.20398.22
Amount in ₹ Lakhs

Magenta Lifecare Limited Financial Information (Restated)

Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,505.711,250.931,415.601,459.78
Revenue630.74955.29938.47966.14
Profit After Tax24.3624.5518.8919.44
Net Worth634.18520.81361.73142.85
Reserves and Surplus147.19366.57219.7220.84
Total Borrowing447.83453.01757.53982.73
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 72.00% 84.06%
Promoter Shareholding (Post-Issue) 51.66% 59.59%
P/E Ratio 5.86 69.43
Market Cap ₹31.30 Cr. ₹24.04 Cr.
ROE 5.62%%
ROCE 13.41%%
Debt/Equity
EPS ₹8.87 ₹0.50
RoNW 10.98%% 3.84%%

Shares Offered

In the 3C IT IPO retail investors (RII) are offered 10,44,000 shares while in Magenta Lifecare IPO retail investors are offered 10,44,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in 3C IT IPO and 0 shares in Magenta Lifecare IPO.

  3C IT IPO Magenta Lifecare IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,12,000 shares 1,04,000 shares
QIB 0 shares 0 shares
NII 10,44,000 shares 9,48,000 shares
RII 10,44,000 shares 9,48,000 shares
Employee 0 shares 0 shares
Others
Total 20,88,000 shares 18,96,000 shares

Bids Received (Subscription)

3C IT IPO subscribed 20.21x in total, whereas Magenta Lifecare IPO subscribed 983.19x.

  3C IT IPO Magenta Lifecare IPO
QIB (times)
NII (times) 10.63x 1,145.78x
Big NII (times)
Small NII (times)
RII (times) 29.79x 778.41x
Employee (times)
Other (times)
Total (times) 20.21x 983.19x

Comments

Add a public comment...