Insolation Energy IPO vs Maagh Advertising IPO

Comparision between Insolation Energy IPO and Maagh Advertising IPO.

IPO Details

Insolation Energy IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Maagh Advertising IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Insolation Energy IPO	Maagh Advertising 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	Holani Consultants Private Limited	Inventure Merchant Banker Services Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Satellite Corporate Services Private Limited
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 Insolation Energy IPO is up to ₹22.16 Cr whereas the issue size of the Maagh Advertising IPO is up to ₹9.12 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of Maagh Advertising IPO is ₹60.00 per share.

	Insolation Energy IPO	Maagh Advertising IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹36.00 per share
Issue Price (Upper)	₹38.00 per share
Issue Price (Final)	₹38.00 per share	₹60.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size		15,20,000 shares
Fresh Issue Size (Amount)		up to ₹9.12 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	58,32,000 shares	15,20,000 shares
Issue Size Total (Amount)	up to ₹22.16 Cr	up to ₹9.12 Cr

IPO Timetable

Insolation Energy IPO opens on Sep 26, 2022, while Maagh Advertising IPO opens on Sep 26, 2022. The closing date of Insolation Energy IPO and Maagh Advertising IPO is Sep 29, 2022, and Oct 04, 2022, respectively.

	Insolation Energy IPO	Maagh Advertising IPO
Anchor Bid Date
Issue Open	Sep 26, 2022	Sep 26, 2022
Issue Close	Sep 29, 2022	Oct 04, 2022
Basis Of Allotment (Tentative)	Oct 04, 2022	Oct 10, 2022
Initiation of Refunds (Tentative)	Oct 06, 2022	Oct 11, 2022
Credit of Share (Tentative)	Oct 07, 2022	Oct 12, 2022
Listing date (Tentative)	Oct 10, 2022	Oct 13, 2022
Anchor Lockin End date 1	Nov 03, 2022	Nov 09, 2022
Anchor Lockin End date 2	Jan 02, 2023	Jan 08, 2023

Financials

Insolation Energy IPO P/E ratio is 11.41, as compared to Maagh Advertising IPO P/E ratio of 37.5.

Insolation Energy IPO

Maagh Advertising IPO

Financial

Insolation Energy Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-20	2642.44	8879.37	309.25	580.05
31-Mar-21	5045.04	16272.92	689.72	1269.77
31-Mar-22	6668.03	21539.13	692.2	711.97
Amount in ₹ Lakhs

Maagh Advertising And Marketing Services Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	1071.9	2989.6	53.33	234.23	233.23
31-Mar-20	1340.96	5261	82.37	301.46	300.46
31-Mar-21	1154.84	2455.42	75.97	372.8	371.8
31-Mar-22	1270.2	2179.9	55.38	425.38	249.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97%

99.95%

Promoter Shareholding (Post-Issue)

53.63%

P/E Ratio

11.41

37.5

Market Cap

₹79.16 Cr.

₹19.68 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Insolation Energy IPO retail investors (RII) are offered 27,69,000 shares while in Maagh Advertising IPO retail investors are offered 27,69,000 shares. Qualified institutional buyers (QIB) are offered in Insolation Energy IPO and in Maagh Advertising IPO.

	Insolation Energy IPO	Maagh Advertising IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,94,000 shares	76,000 shares
QIB
NII	27,69,000 shares	7,22,000 shares
RII	27,69,000 shares	7,22,000 shares
Employee
Others
Total	55,38,000 shares	14,44,000 shares

Bids Received (Subscription)

Insolation Energy IPO subscribed 192.79x in total, whereas Maagh Advertising IPO subscribed 1.18x.

	Insolation Energy IPO	Maagh Advertising IPO
QIB (times)
NII (times)	150.02x	2.05x
Big NII (times)
Small NII (times)
RII (times)	235.55x	0.31x
Employee (times)
Other (times)
Total (times)	192.79x	1.18x

Compare with others

Insolation Energy IPO	Maagh Advertising IPO
Concord Control Systems IPO	Vedant Asset IPO
Maagh Advertising IPO	Cargosol Logistics IPO
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Containe Technologies IPO	QMS Medical Allied IPO
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Maks Energy IPO	Mafia Trends IPO
Varanium Cloud IPO	Insolation Energy IPO
Tapi Fruit Processing IPO	Containe Technologies IPO

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