Mangalam Global IPO vs Vaxtex Cotfab IPO

Comparision between Mangalam Global IPO and Vaxtex Cotfab IPO.

IPO Details

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

	Mangalam Global IPO	Vaxtex Cotfab 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	Capitalsquare Advisors Private Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Vaxtex Cotfab IPO is up to ₹3.83 Cr. The final issue price of Mangalam Global IPO is ₹51.00 per share and of Vaxtex Cotfab IPO is ₹24.00 per share.

	Mangalam Global IPO	Vaxtex Cotfab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹24.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	6000 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	15,96,000 shares
Issue Size Total (Amount)	up to ₹21.57 Cr	up to ₹3.83 Cr

IPO Timetable

Mangalam Global IPO opens on Nov 15, 2019, while Vaxtex Cotfab IPO opens on Dec 27, 2019. The closing date of Mangalam Global IPO and Vaxtex Cotfab IPO is Nov 20, 2019, and Jan 03, 2020, respectively.

	Mangalam Global IPO	Vaxtex Cotfab IPO
Anchor Bid Date
Issue Open	Nov 15, 2019	Dec 27, 2019
Issue Close	Nov 20, 2019	Jan 03, 2020
Basis Of Allotment (Tentative)	Nov 25, 2019	Jan 08, 2020
Initiation of Refunds (Tentative)	Nov 26, 2019	Jan 09, 2020
Credit of Share (Tentative)	Nov 27, 2019	Jan 10, 2020
Listing date (Tentative)	Nov 27, 2019	Jan 13, 2020
Anchor Lockin End date 1	Dec 25, 2019	Feb 07, 2020
Anchor Lockin End date 2	Feb 23, 2020	Apr 07, 2020

Financials

Mangalam Global IPO P/E ratio is , as compared to Vaxtex Cotfab IPO P/E ratio of .

Mangalam Global IPO

Vaxtex Cotfab 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 (Rs in Lakhs)
	30-Jun-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	1,969.99	1,350.29	1,018.76	470.00
Total Revenue	454.46	2,201.80	1,846.63	446.06
Profit After Tax	33.58	60.20	17.09	1.85

Promoter Shareholding (Pre-Issue)

96.38%

98.50%

Promoter Shareholding (Post-Issue)

70.99%

73.50 %

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 Vaxtex Cotfab IPO retail investors are offered 20,09,000 shares. Qualified institutional buyers (QIB) are offered in Mangalam Global IPO and in Vaxtex Cotfab IPO.

	Mangalam Global IPO	Vaxtex Cotfab IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,12,000 shares	84,000 shares
QIB
NII	20,09,000 shares	7,98,000 shares
RII	20,09,000 shares	7,98,000 shares
Employee
Others
Total	40,18,000 shares	15,96,000 shares

Bids Received (Subscription)

Mangalam Global IPO subscribed 1.28x in total, whereas Vaxtex Cotfab IPO subscribed 2.86x.

	Mangalam Global IPO	Vaxtex Cotfab IPO
QIB (times)
NII (times)	2.09x	1.75x
Big NII (times)
Small NII (times)
RII (times)	0.47x	3.97x
Employee (times)
Other (times)
Total (times)	1.28x	2.86x

Compare with others

Mangalam Global IPO	Vaxtex Cotfab IPO
Gian Lifecare IPO	Tranway IPO
Vaxtex Cotfab IPO	Madhav Copper FPO
Valencia IPO	Janus IPO
DC Infotech IPO	HindPrakash IPO
Ascom Leasing IPO	Gian Lifecare IPO
Anuroop IPO	Valencia IPO
Sona Hi Sona IPO	DC Infotech IPO
Goblin IPO	Ascom Leasing IPO
Galactico IPO	Mangalam Global IPO
Misquita IPO	Anuroop IPO

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