FREE Account Opening + No Clearing Fees
Loading...

GPES Solar IPO vs Magenta Lifecare IPO

Comparision between GPES Solar IPO and Magenta Lifecare IPO.

IPO Details

GPES Solar IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Magenta Lifecare IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  GPES Solar IPO Magenta Lifecare IPO
Logo GPES Solar IPO Logo Magenta Lifecare IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Fixed Price Issue
Listing At NSE SME BSE SME
Lead Managers Corporate Capitalventures Pvt Ltd Fedex Securities Pvt Ltd
Registrar Bigshare Services Pvt Ltd Cameo Corporate Services Limited
Market Maker Ss Corporate Securities Limited Sunflower Broking 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 GPES Solar IPO is up to ₹30.79 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹7.00 Cr. The final issue price of GPES Solar IPO is ₹94.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.

  GPES Solar IPO Magenta Lifecare IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹90.00 per share
Issue Price (Upper) ₹94.00 per share
Issue Price (Final) ₹94.00 per share ₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1200 shares 4000 shares
Fresh Issue Size 32,76,000 shares 20,00,000 shares
Fresh Issue Size (Amount) up to ₹30.79 Cr up to ₹7.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 32,76,000 shares 20,00,000 shares
Issue Size Total (Amount) up to ₹30.79 Cr up to ₹7.00 Cr

IPO Timetable

GPES Solar IPO opens on Jun 14, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of GPES Solar IPO and Magenta Lifecare IPO is Jun 19, 2024, and Jun 07, 2024, respectively.

  GPES Solar IPO Magenta Lifecare IPO
Anchor Bid Date Jun 13, 2024
Issue Open Jun 14, 2024 Jun 05, 2024
Issue Close Jun 19, 2024 Jun 07, 2024
Basis Of Allotment (Tentative) Jun 20, 2024 Jun 10, 2024
Initiation of Refunds (Tentative) Jun 21, 2024 Jun 11, 2024
Credit of Share (Tentative) Jun 21, 2024 Jun 11, 2024
Listing date (Tentative) Jun 24, 2024 Jun 12, 2024
Anchor Lockin End date 1 Jul 20, 2024
Anchor Lockin End date 2 Sep 18, 2024

Financials

GPES Solar IPO P/E ratio is 21.44, as compared to Magenta Lifecare IPO P/E ratio of 69.43.

  GPES Solar IPO Magenta Lifecare IPO
Financial

GP Eco Solutions India Limited Financial Information (Restated)

GP Eco Solutions India Limited's revenue increased by 25.08% and profit after tax (PAT) rose by 33.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,728.754,715.191,904.891,429.81
Revenue7,858.8810,447.638,352.994,652.91
Profit After Tax473.27369.82277.1796.94
Net Worth1,298.08824.81454.98177.81
Reserves and Surplus578.08804.81434.98157.81
Total Borrowing1,544.791,316.52517.55351.37
Amount in ₹ Lakhs

Magenta Lifecare Limited Financial Information (Restated)

Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,505.711,250.931,415.601,459.78
Revenue630.74955.29938.47966.14
Profit After Tax24.3624.5518.8919.44
Net Worth634.18520.81361.73142.85
Reserves and Surplus147.19366.57219.7220.84
Total Borrowing447.83453.01757.53982.73
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 86.4% 84.06%
Promoter Shareholding (Post-Issue) 62.23% 59.59%
P/E Ratio 21.44 69.43
Market Cap ₹110.08 Cr. ₹24.04 Cr.
ROE 44.59%% 5.62%%
ROCE 26.51%% 13.41%%
Debt/Equity 1.11
EPS ₹4.38 ₹0.50
RoNW 42.70%% 3.84%%

Shares Offered

In the GPES Solar IPO retail investors (RII) are offered 10,32,000 shares while in Magenta Lifecare IPO retail investors are offered 10,32,000 shares. Qualified institutional buyers (QIB) are offered 5,89,200 shares in GPES Solar IPO and 0 shares in Magenta Lifecare IPO.

  GPES Solar IPO Magenta Lifecare IPO
Anchor Investor Reserveration 8,83,200 shares
Market Maker Reserveration 3,27,600 shares 1,04,000 shares
QIB 5,89,200 shares 0 shares
NII 4,44,000 shares 9,48,000 shares
RII 10,32,000 shares 9,48,000 shares
Employee 0 shares 0 shares
Others
Total 20,65,200 shares 18,96,000 shares

Bids Received (Subscription)

GPES Solar IPO subscribed 856.21x in total, whereas Magenta Lifecare IPO subscribed 983.19x.

  GPES Solar IPO Magenta Lifecare IPO
QIB (times) 236.64x
NII (times) 1,824.87x 1,145.78x
Big NII (times)
Small NII (times)
RII (times) 793.20x 778.41x
Employee (times)
Other (times)
Total (times) 856.21x 983.19x

Comments

Add a public comment...