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Excellent Wires and Packaging IPO vs My Mudra Fincorp IPO

Comparision between Excellent Wires and Packaging IPO and My Mudra Fincorp IPO.

IPO Details

Excellent Wires and Packaging IPO is a SME Book Built Issue IPO proposed to list at NSE SME while My Mudra Fincorp IPO is a SME Book Built Issue proposed to list at NSE SME.

  Excellent Wires and Packaging IPO My Mudra Fincorp IPO
Logo Excellent Wires and Packaging IPO Logo My Mudra Fincorp IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Book Built Issue
Listing At NSE SME NSE SME
Lead Managers Inventure Merchant Banker Services Pvt Ltd Hem Securities Limited
Registrar Bigshare Services Pvt Ltd Skyline Financial Services Private Ltd
Market Maker Inventure Growth & Securities Limited Hem Finlease Private Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Excellent Wires and Packaging IPO is up to ₹12.60 Cr whereas the issue size of the My Mudra Fincorp IPO is up to ₹33.26 Cr. The final issue price of Excellent Wires and Packaging IPO is ₹90.00 per share and of My Mudra Fincorp IPO is ₹110.00 per share.

  Excellent Wires and Packaging IPO My Mudra Fincorp IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹104.00 per share
Issue Price (Upper) ₹110.00 per share
Issue Price (Final) ₹90.00 per share ₹110.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1600 shares 1200 shares
Fresh Issue Size 14,00,000 shares 30,24,000 shares
Fresh Issue Size (Amount) up to ₹12.60 Cr up to ₹33.26 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 14,00,000 shares 30,24,000 shares
Issue Size Total (Amount) up to ₹12.60 Cr up to ₹33.26 Cr

IPO Timetable

Excellent Wires and Packaging IPO opens on Sep 11, 2024, while My Mudra Fincorp IPO opens on Sep 05, 2024. The closing date of Excellent Wires and Packaging IPO and My Mudra Fincorp IPO is Sep 13, 2024, and Sep 09, 2024, respectively.

  Excellent Wires and Packaging IPO My Mudra Fincorp IPO
Anchor Bid Date
Issue Open Sep 11, 2024 Sep 05, 2024
Issue Close Sep 13, 2024 Sep 09, 2024
Basis Of Allotment (Tentative) Sep 16, 2024 Sep 10, 2024
Initiation of Refunds (Tentative) Sep 17, 2024 Sep 11, 2024
Credit of Share (Tentative) Sep 17, 2024 Sep 11, 2024
Listing date (Tentative) Sep 19, 2024 Sep 12, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Excellent Wires and Packaging IPO P/E ratio is 33.3, as compared to My Mudra Fincorp IPO P/E ratio of 11.02.

  Excellent Wires and Packaging IPO My Mudra Fincorp IPO
Financial

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets705.08324.69242.63
Revenue1,540.821,448.46728.85
Profit After Tax82.9810.434.73
Net Worth397.0917.116.68
Reserves and Surplus362.0915.114.68
Amount in ₹ Lakhs

My Mudra Fincorp Limited Financial Information (Restated)

My Mudra Fincorp Limited's revenue increased by 33% and profit after tax (PAT) rose by 141% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,027.821,485.01939.6
Revenue7,114.365,355.82,846.18
Profit After Tax835.52346.7546.86
Net Worth1,679.79844.27437.88
Reserves and Surplus1,678.61843.08436.81
Total Borrowing964.41371.1341.2
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 91.90% 78.74%
Promoter Shareholding (Post-Issue) 63.12% 57.84%
P/E Ratio 33.3 11.02
Market Cap ₹40.23 Cr. ₹125.31 Cr.
ROE 66.20%%
ROCE 45.98%%
Debt/Equity
EPS ₹2.70 ₹9.98
RoNW 20.90%% 49.74%%

Shares Offered

In the Excellent Wires and Packaging IPO retail investors (RII) are offered 6,64,000 shares while in My Mudra Fincorp IPO retail investors are offered 6,64,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Excellent Wires and Packaging IPO and 5,74,800 shares in My Mudra Fincorp IPO.

  Excellent Wires and Packaging IPO My Mudra Fincorp IPO
Anchor Investor Reserveration 8,59,200 shares
Market Maker Reserveration 72,000 shares 1,53,600 shares
QIB 0 shares 5,74,800 shares
NII 6,64,000 shares 4,30,800 shares
RII 6,64,000 shares 10,05,600 shares
Employee 0 shares 0 shares
Others
Total 13,28,000 shares 20,11,200 shares

Bids Received (Subscription)

Excellent Wires and Packaging IPO subscribed 20.37x in total, whereas My Mudra Fincorp IPO subscribed 102.48x.

  Excellent Wires and Packaging IPO My Mudra Fincorp IPO
QIB (times) 48.83x
NII (times) 8.75x 159.37x
Big NII (times)
Small NII (times)
RII (times) 32.00x 108.77x
Employee (times)
Other (times)
Total (times) 20.37x 102.48x

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