Mangalam Alloys IPO vs Master Components IPO

Comparison between Mangalam Alloys IPO and Master Components IPO.

IPO Details

Mangalam Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Master Components 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 Master Components IPO is up to ₹14.64 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Master Components IPO is ₹140.00 per share.

 Mangalam Alloys IPOMaster Components IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹80.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1000 shares
Fresh Issue Size57,82,400 shares6,44,000 shares
Fresh Issue Size (Amount)up to ₹46.26 Crup to ₹9.02 Cr
OFS Issue Size7,37,600 shares4,02,000 shares
OFS Issue Size (Amount)up to ₹5.90 Crup to ₹5.63 Cr
Issue Size Total65,20,000 shares10,46,000 shares
Issue Size Total (Amount)up to ₹52.16 Crup to ₹14.64 Cr

IPO Timetable

Mangalam Alloys IPO opens on Sep 21, 2023, while Master Components IPO opens on Sep 18, 2023. The closing date of Mangalam Alloys IPO and Master Components IPO is Sep 25, 2023, and Sep 21, 2023, respectively.

 Mangalam Alloys IPOMaster Components IPO
Issue OpenSep 21, 2023Sep 18, 2023
Issue CloseSep 25, 2023Sep 21, 2023
Basis Of Allotment (Tentative)Sep 02, 2023Sep 26, 2023
Initiation of Refunds (Tentative)Oct 02, 2023Sep 27, 2023
Credit of Share (Tentative)Oct 03, 2023Sep 28, 2023
Listing date (Tentative)Oct 04, 2023Sep 29, 2023

Financials & KPIs

Mangalam Alloys IPO P/E ratio is 14.65, as compared to Master Components IPO P/E ratio of 27.09.

 Mangalam Alloys IPOMaster Components 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 202131 Mar 2020
Assets16.5914.8514.1914.61
Total Income20.9018.4313.2815.36
Profit After Tax1.710.940.761.32
NET Worth11.659.959.018.25
Reserves and Surplus8.359.658.717.95
Total Borrowing0.941.732.163.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.17%100%
Promoter Shareholding (Post-Issue)59.74%72.45%
P/E Ratio14.6527.09
Market Cap₹197.49 Cr.₹56.00 Cr.
ROE12.8259.68
ROCE20.9259.24
Debt/Equity1.940.08
EPS₹5.46₹5.17
RoNW13.7014.63

Shares Offered

In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Master Components 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 Master Components IPO.

 Mangalam Alloys IPOMaster Components IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,44,000 shares56,000 shares
QIB0 shares0 shares
NII32,59,200 shares5,23,000 shares
RII32,60,800 shares5,23,000 shares
Employee0 shares0 shares
Total65,20,000 shares10,46,000 shares

Bids Received (Subscription)

Mangalam Alloys IPO subscribed 5.57x in total, whereas Master Components IPO subscribed 8.00x.

 Mangalam Alloys IPOMaster Components IPO
NII (times)2.41x5.89x
RII (times)8.73x10.11x
Total (times)5.57x8.00x

Compare with others

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Mangalam Alloys IPO Vs Master Components IPO