Mangalam Global IPO vs Sona Hi Sona IPO

Comparision between Mangalam Global IPO and Sona Hi Sona IPO.

IPO Details

Mangalam Global IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sona Hi Sona IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Mangalam Global IPO	Sona Hi Sona IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Mangalam Global IPO is up to ₹21.57 Cr whereas the issue size of the Sona Hi Sona IPO is up to ₹4.50 Cr. The final issue price of Mangalam Global IPO is ₹51.00 per share and of Sona Hi Sona IPO is ₹10.00 per share.

	Mangalam Global IPO	Sona Hi Sona IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	10000 shares
Fresh Issue Size	42,30,000 shares
Fresh Issue Size (Amount)	up to ₹21.57 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	42,30,000 shares	45,00,000 shares
Issue Size Total (Amount)	up to ₹21.57 Cr	up to ₹4.50 Cr

IPO Timetable

Mangalam Global IPO opens on Nov 15, 2019, while Sona Hi Sona IPO opens on Sep 30, 2019. The closing date of Mangalam Global IPO and Sona Hi Sona IPO is Nov 20, 2019, and Oct 04, 2019, respectively.

	Mangalam Global IPO	Sona Hi Sona IPO
Anchor Bid Date
Issue Open	Nov 15, 2019	Sep 30, 2019
Issue Close	Nov 20, 2019	Oct 04, 2019
Basis Of Allotment (Tentative)	Nov 25, 2019	Oct 10, 2019
Initiation of Refunds (Tentative)	Nov 26, 2019	Oct 11, 2019
Credit of Share (Tentative)	Nov 27, 2019	Oct 14, 2019
Listing date (Tentative)	Nov 27, 2019	Oct 15, 2019
Anchor Lockin End date 1	Dec 25, 2019	Nov 09, 2019
Anchor Lockin End date 2	Feb 23, 2020	Jan 08, 2020

Financials

Mangalam Global IPO P/E ratio is , as compared to Sona Hi Sona IPO P/E ratio of .

Mangalam Global IPO

Sona Hi Sona IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	12,126.96	7,158.37	934.75	698.19
Total Revenue	14,649.93	38,995.21	2,689.83	268.71
Profit After Tax	99.60	244.95	25.89	9.41

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	2,224.40	2,230.88	1,220.15
Total Revenue	6,717.98	5,903.26	5,448.10
Profit After Tax	38.86	18.65	6.18

Promoter Shareholding (Pre-Issue)

96.38%

100%

Promoter Shareholding (Post-Issue)

70.99%

73.19%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mangalam Global IPO retail investors (RII) are offered 20,09,000 shares while in Sona Hi Sona IPO retail investors are offered 20,09,000 shares. Qualified institutional buyers (QIB) are offered in Mangalam Global IPO and in Sona Hi Sona IPO.

	Mangalam Global IPO	Sona Hi Sona IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,12,000 shares	2,40,000 shares
QIB
NII	20,09,000 shares	21,30,000 shares
RII	20,09,000 shares	21,30,000 shares
Employee
Others
Total	40,18,000 shares	42,60,000 shares

Bids Received (Subscription)

Mangalam Global IPO subscribed 1.28x in total, whereas Sona Hi Sona IPO subscribed 1.21x.

	Mangalam Global IPO	Sona Hi Sona IPO
QIB (times)
NII (times)	2.09x	1.74x
Big NII (times)
Small NII (times)
RII (times)	0.47x	0.69x
Employee (times)
Other (times)
Total (times)	1.28x	1.21x

Compare with others

Mangalam Global IPO	Sona Hi Sona IPO
Gian Lifecare IPO	Valencia IPO
Vaxtex Cotfab IPO	DC Infotech IPO
Valencia IPO	Ascom Leasing IPO
DC Infotech IPO	Mangalam Global IPO
Ascom Leasing IPO	Anuroop IPO
Anuroop IPO	Goblin IPO
Sona Hi Sona IPO	Galactico IPO
Goblin IPO	Misquita IPO
Galactico IPO	Smiloshine IPO
Misquita IPO	Salasar Exteriors IPO

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