Goel Food Products IPO vs Mangalam Worldwide IPO

Comparision between Goel Food Products IPO and Mangalam Worldwide IPO.

IPO Details

Goel Food Products IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Mangalam Worldwide IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Goel Food Products IPO	Mangalam Worldwide IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Beeline Broking Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private 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 Goel Food Products IPO is up to ₹7.21 Cr whereas the issue size of the Mangalam Worldwide IPO is up to ₹65.58 Cr. The final issue price of Goel Food Products IPO is ₹72.00 per share and of Mangalam Worldwide IPO is ₹101.00 per share.

	Goel Food Products IPO	Mangalam Worldwide IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹72.00 per share	₹101.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	5,00,800 shares	64,93,200 shares
Fresh Issue Size (Amount)	up to ₹3.61 Cr	up to ₹65.58 Cr
OFS Issue Size	5,00,800 shares
OFS Issue Size (Amount)	up to ₹3.61 Cr
Issue Size Total	10,01,600 shares	64,93,200 shares
Issue Size Total (Amount)	up to ₹7.21 Cr	up to ₹65.58 Cr

IPO Timetable

Goel Food Products IPO opens on Jun 15, 2022, while Mangalam Worldwide IPO opens on Jun 30, 2022. The closing date of Goel Food Products IPO and Mangalam Worldwide IPO is Jun 20, 2022, and Jul 04, 2022, respectively.

	Goel Food Products IPO	Mangalam Worldwide IPO
Anchor Bid Date
Issue Open	Jun 15, 2022	Jun 30, 2022
Issue Close	Jun 20, 2022	Jul 04, 2022
Basis Of Allotment (Tentative)	Jun 23, 2022	Jul 07, 2022
Initiation of Refunds (Tentative)	Jun 24, 2022	Jul 08, 2022
Credit of Share (Tentative)	Jun 27, 2022	Jul 11, 2022
Listing date (Tentative)	Jun 28, 2022	Jul 11, 2022
Anchor Lockin End date 1	Jul 23, 2022	Aug 06, 2022
Anchor Lockin End date 2	Sep 21, 2022	Oct 05, 2022

Financials

Goel Food Products IPO P/E ratio is 10.84, as compared to Mangalam Worldwide IPO P/E ratio of 20.12.

Goel Food Products IPO

Mangalam Worldwide IPO

Financial

Goel Food Products Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	2903.58	1386.7	148.38	741.93	660.19
31-Mar-20	3532.84	1606.84	63.1	754.48	672.74
31-Mar-21	2654.34	753.85	-0.76	753.73	671.99
31-Dec-21	4563.02	1200.68	187.65	941.38	859.64
Amount in ₹ Lakhs

Mangalam Worldwide Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-21	4740.15	30332.31	265.47	1270.44
31-Mar-22	12265.02	53347.96	1230.98	2746.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

87.04%

Promoter Shareholding (Post-Issue)

73.41%

63.97%

P/E Ratio

10.84

20.12

Market Cap

₹27.15 Cr.

₹247.46 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Goel Food Products IPO retail investors (RII) are offered 4,75,200 shares while in Mangalam Worldwide IPO retail investors are offered 4,75,200 shares. Qualified institutional buyers (QIB) are offered in Goel Food Products IPO and in Mangalam Worldwide IPO.

	Goel Food Products IPO	Mangalam Worldwide IPO
Anchor Investor Reserveration
Market Maker Reserveration	51,200 shares	3,25,200 shares
QIB
NII	4,75,200 shares	30,84,000 shares
RII	4,75,200 shares	30,84,000 shares
Employee
Others
Total	9,50,400 shares	61,68,000 shares

Bids Received (Subscription)

Goel Food Products IPO subscribed 1.64x in total, whereas Mangalam Worldwide IPO subscribed 1.33x.

	Goel Food Products IPO	Mangalam Worldwide IPO
QIB (times)
NII (times)	1.21x	2.20x
Big NII (times)
Small NII (times)
RII (times)	2.07x	0.46x
Employee (times)
Other (times)
Total (times)	1.64x	1.33x

Compare with others

Goel Food Products IPO	Mangalam Worldwide IPO
Sailani Tours N Travels IPO	B Right Realestate IPO
Mangalam Worldwide IPO	Jayant Infratech IPO
Modis Navnirman IPO	SKP Bearing Industries IPO
Pearl Green Clubs and Resorts IPO	Veerkrupa Jewellers IPO
KCK Industries IPO	Sailani Tours N Travels IPO
Scarnose International IPO	Modis Navnirman IPO
Silver Pearl Hospitality IPO	Pearl Green Clubs and Resorts IPO
Fidel Softech IPO	KCK Industries IPO
Globesecure Technologies IPO	Goel Food Products IPO
Rachana Infrastructure IPO	Scarnose International IPO

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