Amanaya Ventures IPO vs MCON Rasayan IPO

Comparision between Amanaya Ventures IPO and MCON Rasayan IPO.

IPO Details

Amanaya Ventures IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while MCON Rasayan IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Amanaya Ventures IPO	MCON Rasayan IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	GYR Capital Advisors Private Limited
Registrar	Beetal Financial & Computer Services (P) Limited	Link Intime India Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Econo 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 Amanaya Ventures IPO is up to ₹2.76 Cr whereas the issue size of the MCON Rasayan IPO is up to ₹6.84 Cr. The final issue price of Amanaya Ventures IPO is ₹23.00 per share and of MCON Rasayan IPO is ₹40.00 per share.

	Amanaya Ventures IPO	MCON Rasayan IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹23.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	3000 shares
Fresh Issue Size	12,00,000 shares	17,10,000 shares
Fresh Issue Size (Amount)	up to ₹2.76 Cr	up to ₹6.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,00,000 shares	17,10,000 shares
Issue Size Total (Amount)	up to ₹2.76 Cr	up to ₹6.84 Cr

IPO Timetable

Amanaya Ventures IPO opens on Feb 24, 2023, while MCON Rasayan IPO opens on Mar 06, 2023. The closing date of Amanaya Ventures IPO and MCON Rasayan IPO is Feb 28, 2023, and Mar 10, 2023, respectively.

	Amanaya Ventures IPO	MCON Rasayan IPO
Anchor Bid Date
Issue Open	Feb 24, 2023	Mar 06, 2023
Issue Close	Feb 28, 2023	Mar 10, 2023
Basis Of Allotment (Tentative)	Mar 03, 2023	Mar 15, 2023
Initiation of Refunds (Tentative)	Mar 06, 2023	Mar 16, 2023
Credit of Share (Tentative)	Mar 08, 2023	Mar 17, 2023
Listing date (Tentative)	Mar 09, 2023	Mar 20, 2023
Anchor Lockin End date 1	Apr 02, 2023	Apr 14, 2023
Anchor Lockin End date 2	Jun 01, 2023	Jun 13, 2023

Financials

Amanaya Ventures IPO P/E ratio is 92, as compared to MCON Rasayan IPO P/E ratio of 14.71.

Amanaya Ventures IPO

MCON Rasayan IPO

Financial

Amanaya Ventures Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	191.52	445.85	0.13	184.91	88.13
31-Mar-21	187.05	620.16	1.12	186.02	89.25
31-Mar-22	203.62	1,325.16	7.63	196.75	-41.25	4.93
31-Aug-22	256.79	473.00	3.92	249.96	-3.94	4.15
Amount in ₹ Lakhs

MCON Rasayan India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	776.02	896.95	3.61	110.72	9.72	321.61
31-Mar-21	831.81	899.78	18.68	178.40	28.40	346.58
31-Mar-22	1,446.31	1,922.36	44.40	221.29	71.29	740.85
30-Sep-22	1,777.53	1,304.67	85.64	456.93	269.43	642.63
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

59.80%

91.45%

Promoter Shareholding (Post-Issue)

37.50%

66.64%

P/E Ratio

14.71

Market Cap

₹8.60 Cr.

₹25.22 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Amanaya Ventures IPO retail investors (RII) are offered 5,70,000 shares while in MCON Rasayan IPO retail investors are offered 5,70,000 shares. Qualified institutional buyers (QIB) are offered in Amanaya Ventures IPO and in MCON Rasayan IPO.

	Amanaya Ventures IPO	MCON Rasayan IPO
Anchor Investor Reserveration
Market Maker Reserveration	60,000 shares	90,000 shares
QIB
NII	5,70,000 shares	8,10,000 shares
RII	5,70,000 shares	8,10,000 shares
Employee
Others
Total	11,40,000 shares	16,20,000 shares

Bids Received (Subscription)

Amanaya Ventures IPO subscribed 1.75x in total, whereas MCON Rasayan IPO subscribed 384.64x.

	Amanaya Ventures IPO	MCON Rasayan IPO
QIB (times)
NII (times)	0.77x	307.09x
Big NII (times)
Small NII (times)
RII (times)	2.73x	453.41x
Employee (times)
Other (times)
Total (times)	1.75x	384.64x

Compare with others

Amanaya Ventures IPO	MCON Rasayan IPO
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Sudarshan Pharma Industries IPO	Prospect Commodities IPO
Vertexplus Technologies IPO	Quality Foils (India) IPO
MCON Rasayan IPO	Sudarshan Pharma Industries IPO
Systango Technologies IPO	Vertexplus Technologies IPO
ResGen IPO	Systango Technologies IPO
Srivasavi Adhesive Tapes IPO	Amanaya Ventures IPO
SVJ Enterprises IPO	ResGen IPO
Sealmatic India IPO	Srivasavi Adhesive Tapes IPO
Macfos IPO	SVJ Enterprises IPO

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