Aditya Ultra Steel IPO vs Mach Conferences and Events IPO

Comparision between Aditya Ultra Steel IPO and Mach Conferences and Events IPO.

IPO Details

Aditya Ultra Steel IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Mach Conferences and Events IPO is a SME Book Built Issue proposed to list at BSE SME.

	Aditya Ultra Steel IPO	Mach Conferences and Events IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Swastika Investmart Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Skyline Financial Services Private Ltd
Market Maker	Sunflower Broking Private Limited	Spread X 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 Aditya Ultra Steel IPO is up to ₹45.88 Cr whereas the issue size of the Mach Conferences and Events IPO is up to ₹125.28 Cr. The final issue price of Aditya Ultra Steel IPO is ₹62.00 per share and of Mach Conferences and Events IPO is ₹225.00 per share.

	Aditya Ultra Steel IPO	Mach Conferences and Events IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹59.00 per share	₹214.00 per share
Issue Price (Upper)	₹62.00 per share	₹225.00 per share
Issue Price (Final)	₹62.00 per share	₹225.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	74,00,000 shares	22,29,000 shares
Fresh Issue Size (Amount)	up to ₹45.88 Cr	up to ₹50.15 Cr
OFS Issue Size		33,39,000 shares
OFS Issue Size (Amount)		up to ₹75.13 Cr
Issue Size Total	74,00,000 shares	55,68,000 shares
Issue Size Total (Amount)	up to ₹45.88 Cr	up to ₹125.28 Cr

IPO Timetable

Aditya Ultra Steel IPO opens on Sep 09, 2024, while Mach Conferences and Events IPO opens on Sep 04, 2024. The closing date of Aditya Ultra Steel IPO and Mach Conferences and Events IPO is Sep 11, 2024, and Sep 06, 2024, respectively.

	Aditya Ultra Steel IPO	Mach Conferences and Events IPO
Anchor Bid Date	Sep 06, 2024	Sep 03, 2024
Issue Open	Sep 09, 2024	Sep 04, 2024
Issue Close	Sep 11, 2024	Sep 06, 2024
Basis Of Allotment (Tentative)	Sep 12, 2024	Sep 09, 2024
Initiation of Refunds (Tentative)	Sep 13, 2024	Sep 10, 2024
Credit of Share (Tentative)	Sep 13, 2024	Sep 10, 2024
Listing date (Tentative)	Sep 16, 2024	Sep 11, 2024
Anchor Lockin End date 1	Oct 12, 2024	Oct 09, 2024
Anchor Lockin End date 2	Dec 11, 2024	Dec 08, 2024

Financials

Aditya Ultra Steel IPO P/E ratio is 13.64, as compared to Mach Conferences and Events IPO P/E ratio of 16.16.

Aditya Ultra Steel IPO

Mach Conferences and Events IPO

Financial

Aditya Ultra Steel Limited Financial Information (Restated)

Aditya Ultra Steel Limited's revenue increased by 11% and profit after tax (PAT) rose by 185% 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	14,752.33	9,734.65	9,156.62
Revenue	58,856.29	53,048.91	51,598.34
Profit After Tax	792.34	277.66	488.9
Net Worth	3,758.21	2,865.86	2,588.2
Reserves and Surplus	3,128.6	2,739.81	2,462.15
Total Borrowing	5,427.07	4,984.14	4,695.12
Amount in ₹ Lakhs

Mach Conferences and Events Limited Financial Information (Restated Standalone)

Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% 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	10,133.75	5,772.64	4,049.21
Revenue	23,898.58	14,193.89	2,383.88
Profit After Tax	2,618.29	880.76	-260.63
Net Worth	4,956.72	2,238.47	1,357.71
Reserves and Surplus	3,075.91	2,233.47	1,352.71
Total Borrowing	1,233.08	988.53	509.69
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.94%

95.97%

Promoter Shareholding (Post-Issue)

68.76%

69.92%

P/E Ratio

13.64

16.16

Market Cap

₹153.98 Cr.

₹473.33 Cr.

ROE

23.92%%

72.78%%

ROCE

18.75%%

57.57%%

Debt/Equity

1.44

EPS

₹4.54

₹13.92

RoNW

21.08%%

52.82%%

Shares Offered

In the Aditya Ultra Steel IPO retail investors (RII) are offered 24,62,000 shares while in Mach Conferences and Events IPO retail investors are offered 24,62,000 shares. Qualified institutional buyers (QIB) are offered 35,12,000 shares in Aditya Ultra Steel IPO and 10,53,600 shares in Mach Conferences and Events IPO.

	Aditya Ultra Steel IPO	Mach Conferences and Events IPO
Anchor Investor Reserveration		15,78,000 shares
Market Maker Reserveration	3,70,000 shares	3,00,000 shares
QIB	35,12,000 shares	10,53,600 shares
NII	10,56,000 shares	7,91,400 shares
RII	24,62,000 shares	18,45,000 shares
Employee	0 shares	0 shares
Others
Total	70,30,000 shares	36,90,000 shares

Bids Received (Subscription)

Aditya Ultra Steel IPO subscribed 10.58x in total, whereas Mach Conferences and Events IPO subscribed 196.70x.

	Aditya Ultra Steel IPO	Mach Conferences and Events IPO
QIB (times)	1.21x	146.66x
NII (times)	12.16x	403.69x
Big NII (times)
Small NII (times)
RII (times)	23.26x	136.49x
Employee (times)
Other (times)
Total (times)	10.58x	196.70x

Compare with others

Aditya Ultra Steel IPO	Mach Conferences and Events IPO
Gajanand International IPO	Aditya Ultra Steel IPO
Innomet Advanced Materials IPO	Vision Infra Equipment Solutions IPO
SPP Polymer IPO	Naturewings Holidays IPO
Share Samadhan IPO	My Mudra Fincorp IPO
Shubhshree Biofuels Energy IPO	Namo eWaste Management IPO
Vision Infra Equipment Solutions IPO	Excellent Wires and Packaging IPO
Naturewings Holidays IPO	Travels & Rentals IPO
My Mudra Fincorp IPO	Jeyyam Global Foods IPO
Namo eWaste Management IPO	Boss Packaging Solutions IPO
Mach Conferences and Events IPO	Vdeal System IPO

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