Euphoria Infotech India IPO vs Shree Marutinandan Tubes IPO

Comparision between Euphoria Infotech India IPO and Shree Marutinandan Tubes IPO.

IPO Details

Euphoria Infotech India IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Euphoria Infotech India IPO	Shree Marutinandan Tubes IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Khandwala Securities Limited	Swastika Investmart Ltd
Registrar	Mas Services Limited	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Swastika Investmart 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 Euphoria Infotech India IPO is up to ₹9.60 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹14.30 Cr. The final issue price of Euphoria Infotech India IPO is ₹100.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

	Euphoria Infotech India IPO	Shree Marutinandan Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹96.00 per share
Issue Price (Upper)	₹100.00 per share
Issue Price (Final)	₹100.00 per share	₹143.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	9,60,000 shares	10,00,000 shares
Fresh Issue Size (Amount)	up to ₹9.60 Cr	up to ₹14.30 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,60,000 shares	10,00,000 shares
Issue Size Total (Amount)	up to ₹9.60 Cr	up to ₹14.30 Cr

IPO Timetable

Euphoria Infotech India IPO opens on Jan 19, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Euphoria Infotech India IPO and Shree Marutinandan Tubes IPO is Jan 24, 2024, and Jan 16, 2024, respectively.

	Euphoria Infotech India IPO	Shree Marutinandan Tubes IPO
Anchor Bid Date
Issue Open	Jan 19, 2024	Jan 12, 2024
Issue Close	Jan 24, 2024	Jan 16, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Jan 17, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Jan 18, 2024
Credit of Share (Tentative)	Jan 29, 2024	Jan 18, 2024
Listing date (Tentative)	Jan 30, 2024	Jan 19, 2024
Anchor Lockin End date 1	Feb 24, 2024	Feb 16, 2024
Anchor Lockin End date 2	Apr 24, 2024	Apr 16, 2024

Financials

Euphoria Infotech India IPO P/E ratio is 14.97, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

Euphoria Infotech India IPO

Shree Marutinandan Tubes IPO

Financial

Euphoria Infotech India Limited Financial Information (Restated Consolidated)

Euphoria Infotech India Limited's revenue increased by 49.34% and profit after tax (PAT) rose by 551.71% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	966.21	832.64	626.71	709.59
Revenue	365.61	737.56	493.87	556.14
Profit After Tax	60.49	129.69	19.90	26.17
Net Worth	470.64	410.15	280.46	260.56
Reserves and Surplus	276.45	215.96	279.17	259.27
Total Borrowing	213.22	155.09	123.06	119.69
Amount in ₹ Lakhs

Shree Marutinandan Tubes Limited Financial Information (Restated)

Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,234.29	1,617.60	1,284.83	1,301.03
Revenue	4,284.64	4,722.58	4,718.49	3,597.28
Profit After Tax	141.99	201.76	6.01	13.30
Net Worth	409.70	267.74	65.98	59.98
Reserves and Surplus	163.73	247.24	45.48	39.48
Total Borrowing	607.28	716.90	688.89	795.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

82.00%

Promoter Shareholding (Post-Issue)

58.30%

P/E Ratio

14.97

17.44

Market Cap

₹29.02 Cr.

₹49.48 Cr.

ROE

38%%

120.91%%

ROCE

49%%

78.52%%

Debt/Equity

0.38

2.68

EPS

₹6.68

₹8.20

RoNW

31.62%%

75.36%%

Shares Offered

In the Euphoria Infotech India IPO retail investors (RII) are offered 6,19,200 shares while in Shree Marutinandan Tubes IPO retail investors are offered 6,19,200 shares. Qualified institutional buyers (QIB) are offered 27,600 shares in Euphoria Infotech India IPO and 0 shares in Shree Marutinandan Tubes IPO.

	Euphoria Infotech India IPO	Shree Marutinandan Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration	48,000 shares	50,000 shares
QIB	27,600 shares	0 shares
NII	2,65,200 shares	4,75,000 shares
RII	6,19,200 shares	4,75,000 shares
Employee	0 shares	0 shares
Others
Total	9,12,000 shares	9,50,000 shares

Bids Received (Subscription)

Euphoria Infotech India IPO subscribed 383.86x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

	Euphoria Infotech India IPO	Shree Marutinandan Tubes IPO
QIB (times)	413.26x
NII (times)	280.88x	32.67x
Big NII (times)
Small NII (times)
RII (times)	426.65x	59.71x
Employee (times)
Other (times)
Total (times)	383.86x	47.16x

Compare with others

Euphoria Infotech India IPO	Shree Marutinandan Tubes IPO
DelaPlex IPO	Brisk Technovision IPO
Baweja Studios IPO	Qualitek Labs IPO
Fonebook IPO	Euphoria Infotech India IPO
Brisk Technovision IPO	Konstelec Engineers IPO
Qualitek Labs IPO	Maxposure IPO
Konstelec Engineers IPO	Australian Premium Solar (India) IPO
Maxposure IPO	Lawsikho IPO
Shree Marutinandan Tubes IPO	IBL Finance IPO
Australian Premium Solar (India) IPO	New Swan Multitech IPO
Lawsikho IPO	Kaushalya Logistics IPO

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