Mukka Proteins IPO vs Muthoot Microfin IPO

Comparision between Mukka Proteins IPO and Muthoot Microfin IPO.

IPO Details

Mukka Proteins IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Muthoot Microfin IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mukka Proteins IPO	Muthoot Microfin IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Fedex Securities Pvt Ltd	ICICI Securities Limited Axis Capital Limited Jm Financial Limited SBI Capital Markets Limited
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mukka Proteins IPO is up to ₹224.00 Cr whereas the issue size of the Muthoot Microfin IPO is up to ₹960.00 Cr. The final issue price of Mukka Proteins IPO is ₹28.00 per share and of Muthoot Microfin IPO is ₹291.00 per share.

	Mukka Proteins IPO	Muthoot Microfin IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹26.00 per share	₹277.00 per share
Issue Price (Upper)	₹28.00 per share	₹291.00 per share
Issue Price (Final)	₹28.00 per share	₹291.00 per share
Discount (Retail)
Discount (Employee)		₹14.00 per share
Market Lot Size	535 shares	51 shares
Fresh Issue Size	8,00,00,000 shares	2,61,16,838 shares
Fresh Issue Size (Amount)	up to ₹224.00 Cr	up to ₹760.00 Cr
OFS Issue Size		68,72,852 shares
OFS Issue Size (Amount)		up to ₹200.00 Cr
Issue Size Total	8,00,00,000 shares	3,29,89,690 shares
Issue Size Total (Amount)	up to ₹224.00 Cr	up to ₹960.00 Cr

IPO Timetable

Mukka Proteins IPO opens on Feb 29, 2024, while Muthoot Microfin IPO opens on Dec 18, 2023. The closing date of Mukka Proteins IPO and Muthoot Microfin IPO is Mar 04, 2024, and Dec 20, 2023, respectively.

	Mukka Proteins IPO	Muthoot Microfin IPO
Anchor Bid Date	Feb 28, 2024	Dec 15, 2023
Issue Open	Feb 29, 2024	Dec 18, 2023
Issue Close	Mar 04, 2024	Dec 20, 2023
Basis Of Allotment (Tentative)	Mar 05, 2024	Dec 21, 2023
Initiation of Refunds (Tentative)	Mar 06, 2024	Dec 22, 2023
Credit of Share (Tentative)	Mar 06, 2024	Dec 22, 2023
Listing date (Tentative)	Mar 07, 2024	Dec 26, 2023
Anchor Lockin End date 1	Apr 04, 2024	Jan 20, 2024
Anchor Lockin End date 2	Jun 03, 2024	Mar 20, 2024

Financials

Mukka Proteins IPO P/E ratio is 12.96, as compared to Muthoot Microfin IPO P/E ratio of 24.96.

Mukka Proteins IPO

Muthoot Microfin IPO

Financial

Mukka Proteins Limited Financial Information (Restated Consolidated)

Mukka Proteins Limited's revenue increased by 52.52% and profit after tax (PAT) rose by 84.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	641.18	575.16	392.30	353.93
Revenue	612.88	1,183.80	776.15	609.95
Profit After Tax	32.98	47.53	25.82	11.01
Net Worth	159.11	128.92	87.25	64.54
Reserves and Surplus	144.92	112.57	68.51	60.80
Total Borrowing	317.73	254.83	173.50	159.19
Amount in ₹ Crore

Muthoot Microfin Limited Financial Information (Restated)

Muthoot Microfin Limited's revenue increased by 71.58% and profit after tax (PAT) rose by 245.77% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,529.20	5,591.46	4,183.85
Revenue	1,446.34	842.94	696.28
Profit After Tax	163.89	47.40	7.05
Net Worth	1,625.85	1,336.58	889.89
Reserves and Surplus	1,282.15	1,040.10	642.84
Total Borrowing	6,493.18	3,996.61	3,015.66
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

69.08%

Promoter Shareholding (Post-Issue)

55.47%

P/E Ratio

12.96

24.96

Market Cap

₹840.00 Cr.

₹4960.82 Cr.

ROE

36.71%%

11.06%%

ROCE

17.62%%

Debt/Equity

1.64

3.99

EPS

₹2.16

₹11.98

RoNW

34.19%%

10.08%%

Shares Offered

In the Mukka Proteins IPO retail investors (RII) are offered 2,80,00,000 shares while in Muthoot Microfin IPO retail investors are offered 2,80,00,000 shares. Qualified institutional buyers (QIB) are offered 1,60,00,435 shares in Mukka Proteins IPO and 65,29,210 shares in Muthoot Microfin IPO.

	Mukka Proteins IPO	Muthoot Microfin IPO
Anchor Investor Reserveration	2,39,99,565 shares	97,93,812 shares
Market Maker Reserveration
QIB	1,60,00,435 shares	65,29,210 shares
NII	1,20,00,000 shares	48,96,907 shares
RII	2,80,00,000 shares	1,14,26,117 shares
Employee	0 shares	0 shares
Others
Total	5,60,00,435 shares	2,28,52,234 shares

Bids Received (Subscription)

Mukka Proteins IPO subscribed 136.99x in total, whereas Muthoot Microfin IPO subscribed 12.30x.

	Mukka Proteins IPO	Muthoot Microfin IPO
QIB (times)	189.28x	18.35x
NII (times)	250.39x	13.87x
Big NII (times)	254.15x	12.96x
Small NII (times)	242.86x	15.69x
RII (times)	58.52x	8.00x
Employee (times)
Other (times)
Total (times)	136.99x	12.30x

Compare with others

Mukka Proteins IPO	Muthoot Microfin IPO
Mufti Menswear IPO	Suraj Estate Developers IPO
Inox CVA IPO	RBZ Jewellers IPO
Suraj Estate Developers IPO	Motisons Jewellers IPO
RBZ Jewellers IPO	Mukka Proteins IPO
Motisons Jewellers IPO	Happy Forgings IPO
Happy Forgings IPO	DOMS IPO
Muthoot Microfin IPO	Flair Writing IPO
DOMS IPO	IREDA IPO
Flair Writing IPO	Fedbank Financial Services IPO
IREDA IPO	Gandhar Oil Refinery India IPO

Comments

Add a public comment...