Mangalam Alloys IPO vs Marco Cables IPO

Comparison between Mangalam Alloys IPO and Marco Cables IPO.

IPO Details

Mangalam Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Marco Cables IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mangalam Alloys IPO is up to ₹52.16 Cr whereas the issue size of the Marco Cables IPO is up to ₹17.69 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Marco Cables IPO is ₹36.00 per share.

 Mangalam Alloys IPOMarco Cables IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹80.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size57,82,400 shares23,13,000 shares
Fresh Issue Size (Amount)up to ₹46.26 Crup to ₹8.33 Cr
OFS Issue Size7,37,600 shares26,01,000 shares
OFS Issue Size (Amount)up to ₹5.90 Crup to ₹9.36 Cr
Issue Size Total65,20,000 shares49,14,000 shares
Issue Size Total (Amount)up to ₹52.16 Crup to ₹17.69 Cr

IPO Timetable

Mangalam Alloys IPO opens on Sep 21, 2023, while Marco Cables IPO opens on Sep 21, 2023. The closing date of Mangalam Alloys IPO and Marco Cables IPO is Sep 25, 2023, and Sep 25, 2023, respectively.

 Mangalam Alloys IPOMarco Cables IPO
Issue OpenSep 21, 2023Sep 21, 2023
Issue CloseSep 25, 2023Sep 25, 2023
Basis Of Allotment (Tentative)Sep 02, 2023Sep 28, 2023
Initiation of Refunds (Tentative)Oct 02, 2023Sep 29, 2023
Credit of Share (Tentative)Oct 03, 2023Oct 03, 2023
Listing date (Tentative)Oct 04, 2023Sep 28, 2023

Financials & KPIs

Mangalam Alloys IPO P/E ratio is 14.65, as compared to Marco Cables IPO P/E ratio of 20.22.

 Mangalam Alloys IPOMarco Cables IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets332.02300.67312.11
Total Income308.18309.74271.91
Profit After Tax10.145.05-6.54
NET Worth79.0368.9563.90
Reserves and Surplus60.4750.3945.34
Total Borrowing153.53163.62167.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets69.9359.5556.59
Total Income56.9456.6542.83
Profit After Tax2.810.330.12
NET Worth15.619.459.11
Reserves and Surplus12.396.556.22
Total Borrowing37.5836.6535.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.17%100%
Promoter Shareholding (Post-Issue)59.74%72.18%
P/E Ratio14.6520.22
Market Cap₹197.49 Cr.₹67.32 Cr.
ROE12.8222.41
ROCE20.9216.93
Debt/Equity1.942.41
EPS₹5.46₹1.78
RoNW13.7017.98

Shares Offered

In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Marco Cables IPO retail investors are offered 32,60,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mangalam Alloys IPO and 0 shares in Marco Cables IPO.

 Mangalam Alloys IPOMarco Cables IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,44,000 shares2,88,000 shares
QIB0 shares0 shares
NII32,59,200 shares24,57,000 shares
RII32,60,800 shares24,57,000 shares
Employee0 shares0 shares
Total65,20,000 shares49,14,000 shares

Bids Received (Subscription)

Mangalam Alloys IPO subscribed 5.57x in total, whereas Marco Cables IPO subscribed 29.80x.

 Mangalam Alloys IPOMarco Cables IPO
NII (times)2.41x24.36x
RII (times)8.73x35.24x
Total (times)5.57x29.80x

Compare with others

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Mangalam Alloys IPO Vs Marco Cables IPO