Mandeep Auto Industries IPO vs Sai Swami Metals and Alloys IPO

Comparision between Mandeep Auto Industries IPO and Sai Swami Metals and Alloys IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sai Swami Metals and Alloys IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Mandeep Auto Industries IPO	Sai Swami Metals and Alloys 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	Jawa Capital Services Private Limited	Swastika Investmart Ltd
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Sunflower Broking Private 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 Mandeep Auto Industries IPO is up to ₹25.25 Cr whereas the issue size of the Sai Swami Metals and Alloys IPO is up to ₹15.00 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Sai Swami Metals and Alloys IPO is ₹60.00 per share.

	Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹67.00 per share	₹60.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	37,68,000 shares	25,00,000 shares
Fresh Issue Size (Amount)	up to ₹25.25 Cr	up to ₹15.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,68,000 shares	25,00,000 shares
Issue Size Total (Amount)	up to ₹25.25 Cr	up to ₹15.00 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Sai Swami Metals and Alloys IPO opens on Apr 30, 2024. The closing date of Mandeep Auto Industries IPO and Sai Swami Metals and Alloys IPO is May 15, 2024, and May 03, 2024, respectively.

	Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
Anchor Bid Date
Issue Open	May 13, 2024	Apr 30, 2024
Issue Close	May 15, 2024	May 03, 2024
Basis Of Allotment (Tentative)	May 16, 2024	May 06, 2024
Initiation of Refunds (Tentative)	May 17, 2024	May 07, 2024
Credit of Share (Tentative)	May 17, 2024	May 07, 2024
Listing date (Tentative)	May 21, 2024	May 08, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Sai Swami Metals and Alloys IPO P/E ratio of 11.34.

Mandeep Auto Industries IPO

Sai Swami Metals and Alloys IPO

Financial

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,424.73	1,963.15	1,297.81	1,050.17
Revenue	1,656.76	2,978.74	2,189.73	1,563.49
Profit After Tax	214.93	104.91	64.69	49.81
Net Worth	820.80	453.54	413.61	280.42
Reserves and Surplus	163.81
Amount in ₹ Lakhs

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	2,617.31	2,583.16
Revenue	3,333.86	626.76
Profit After Tax	179.52	3.83
Net Worth	664.47	35.32
Reserves and Surplus	252.70	34.32
Total Borrowing	743.16	610.23
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

99.88%

Promoter Shareholding (Post-Issue)

63.53%

62.15%

P/E Ratio

10.15

11.34

Market Cap

₹69.26 Cr.

₹39.71 Cr.

ROE

30.15%%

ROCE

27.94%%

Debt/Equity

EPS

₹6.60

₹5.29

RoNW

25.97%%

27.02%%

Shares Offered

In the Mandeep Auto Industries IPO retail investors (RII) are offered 17,89,000 shares while in Sai Swami Metals and Alloys IPO retail investors are offered 17,89,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mandeep Auto Industries IPO and 0 shares in Sai Swami Metals and Alloys IPO.

	Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,90,000 shares	1,28,000 shares
QIB	0 shares	0 shares
NII	17,89,000 shares	11,86,000 shares
RII	17,89,000 shares	11,86,000 shares
Employee	0 shares	0 shares
Others
Total	35,78,000 shares	23,72,000 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Sai Swami Metals and Alloys IPO subscribed 543.72x.

	Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
QIB (times)
NII (times)	61.54x	533.83x
Big NII (times)
Small NII (times)
RII (times)	90.57x	529.01x
Employee (times)
Other (times)
Total (times)	77.23x	543.72x

Compare with others

Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
Winsol Engineers IPO	Energy Mission Machineries IPO
Slone Infosystems IPO	TGIF Agribusiness IPO
Sai Swami Metals and Alloys IPO	Refractory Shapes IPO
Amkay Products IPO	Winsol Engineers IPO
Storage Technologies Racks and Rollers IPO	Slone Infosystems IPO
ABS Marine Services IPO	Amkay Products IPO
Shivam Chemicals IPO	Storage Technologies Racks and Rollers IPO
Varyaa Creations IPO	Mandeep Auto Industries IPO
Faalcon Concepts IPO	ABS Marine Services IPO
Emmforce Autotech IPO	Shivam Chemicals IPO

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