Italian Edibles IPO vs Mayank Cattle Food IPO

Comparision between Italian Edibles IPO and Mayank Cattle Food IPO.

IPO Details

Italian Edibles IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Mayank Cattle Food IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Italian Edibles IPO	Mayank Cattle Food IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	First Overseas Capital Limited	Finshore Management Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Nikunj Stock Brokers Limited	Rikhav Securities 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 Italian Edibles IPO is up to ₹26.66 Cr whereas the issue size of the Mayank Cattle Food IPO is up to ₹19.44 Cr. The final issue price of Italian Edibles IPO is ₹68.00 per share and of Mayank Cattle Food IPO is ₹108.00 per share.

	Italian Edibles IPO	Mayank Cattle Food IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹68.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	39,20,000 shares	18,00,000 shares
Fresh Issue Size (Amount)	up to ₹26.66 Cr	up to ₹19.44 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	39,20,000 shares	18,00,000 shares
Issue Size Total (Amount)	up to ₹26.66 Cr	up to ₹19.44 Cr

IPO Timetable

Italian Edibles IPO opens on Feb 02, 2024, while Mayank Cattle Food IPO opens on Jan 29, 2024. The closing date of Italian Edibles IPO and Mayank Cattle Food IPO is Feb 07, 2024, and Jan 31, 2024, respectively.

	Italian Edibles IPO	Mayank Cattle Food IPO
Anchor Bid Date
Issue Open	Feb 02, 2024	Jan 29, 2024
Issue Close	Feb 07, 2024	Jan 31, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Feb 01, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Feb 02, 2024
Credit of Share (Tentative)	Feb 09, 2024	Feb 02, 2024
Listing date (Tentative)	Feb 12, 2024	Feb 05, 2024
Anchor Lockin End date 1	Mar 09, 2024	Mar 02, 2024
Anchor Lockin End date 2	May 08, 2024	May 01, 2024

Financials

Italian Edibles IPO P/E ratio is 27.94, as compared to Mayank Cattle Food IPO P/E ratio of 29.58.

Italian Edibles IPO

Mayank Cattle Food IPO

Financial

Italian Edibles Limited Financial Information (Restated)

Italian Edibles Limited's revenue decreased by -16.1% and profit after tax (PAT) rose by 229.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,824.64	4,155.24	3,905.45	3,946.43
Revenue	3,052.16	6,330.09	7,545.25	4,899.44
Profit After Tax	209.68	264.21	80.21	86.52
Net Worth	1,287.92	1,078.24	814.03	583.82
Reserves and Surplus	202.21	906.82	642.60	433.82
Amount in ₹ Lakhs

Mayank Cattle Food Limited Financial Information (Restated)

Mayank Cattle Food Limited's revenue decreased by -4.15% and profit after tax (PAT) rose by 64.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,122.44	4,893.64	4,163.85	3,433.62
Revenue	7,527.15	30,958.14	32,300.17	18,652.89
Profit After Tax	57.37	131.43	79.92	71.81
Net Worth	533.37	475.99	344.56	264.63
Reserves and Surplus	173.37	455.99	324.56	244.63
Total Borrowing	3,788.35	3,961.00	3,163.53	2,531.49
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

97.50%

Promoter Shareholding (Post-Issue)

73.47%

65.00%

P/E Ratio

27.94

29.58

Market Cap

₹100.48 Cr.

₹58.32 Cr.

ROE

24.50%%

32%%

ROCE

19.32%%

11.27%%

Debt/Equity

1.6

9.13

EPS

₹2.43

₹3.65

RoNW

24.50%%

27.61%%

Shares Offered

In the Italian Edibles IPO retail investors (RII) are offered 18,60,000 shares while in Mayank Cattle Food IPO retail investors are offered 18,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Italian Edibles IPO and 0 shares in Mayank Cattle Food IPO.

	Italian Edibles IPO	Mayank Cattle Food IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,00,000 shares	90,000 shares
QIB	0 shares	0 shares
NII	18,60,000 shares	8,55,600 shares
RII	18,60,000 shares	8,54,400 shares
Employee	0 shares	0 shares
Others
Total	37,20,000 shares	17,10,000 shares

Bids Received (Subscription)

Italian Edibles IPO subscribed 154.43x in total, whereas Mayank Cattle Food IPO subscribed 8.83x.

	Italian Edibles IPO	Mayank Cattle Food IPO
QIB (times)
NII (times)	177.37x	5.90x
Big NII (times)
Small NII (times)
RII (times)	120.62x	11.77x
Employee (times)
Other (times)
Total (times)	154.43x	8.83x

Compare with others

Italian Edibles IPO	Mayank Cattle Food IPO
Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
Polysil Irrigation Systems IPO	WTI Cabs IPO
Rudra Gas Enterprise IPO	Alpex Solar IPO
WTI Cabs IPO	Italian Edibles IPO
Alpex Solar IPO	Gabriel Pet Straps IPO
Gabriel Pet Straps IPO	Docmode Health Technologies IPO
Mayank Cattle Food IPO	Harshdeep Hortico IPO
Docmode Health Technologies IPO	Megatherm Induction IPO
Harshdeep Hortico IPO	DelaPlex IPO
Megatherm Induction IPO	Baweja Studios IPO

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