Mach Conferences and Events IPO vs My Mudra Fincorp IPO

Comparision between Mach Conferences and Events IPO and My Mudra Fincorp IPO.

IPO Details

Mach Conferences and Events IPO is a SME Book Built Issue IPO proposed to list at BSE SME while My Mudra Fincorp IPO is a SME Book Built Issue proposed to list at NSE SME.

	Mach Conferences and Events IPO	My Mudra Fincorp IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Hem Securities Limited
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Spread X Securities Private Limited	Hem Finlease Private Limited
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 Mach Conferences and Events IPO is up to ₹125.28 Cr whereas the issue size of the My Mudra Fincorp IPO is up to ₹33.26 Cr. The final issue price of Mach Conferences and Events IPO is ₹225.00 per share and of My Mudra Fincorp IPO is ₹110.00 per share.

	Mach Conferences and Events IPO	My Mudra Fincorp IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹214.00 per share	₹104.00 per share
Issue Price (Upper)	₹225.00 per share	₹110.00 per share
Issue Price (Final)	₹225.00 per share	₹110.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1200 shares
Fresh Issue Size	22,29,000 shares	30,24,000 shares
Fresh Issue Size (Amount)	up to ₹50.15 Cr	up to ₹33.26 Cr
OFS Issue Size	33,39,000 shares
OFS Issue Size (Amount)	up to ₹75.13 Cr
Issue Size Total	55,68,000 shares	30,24,000 shares
Issue Size Total (Amount)	up to ₹125.28 Cr	up to ₹33.26 Cr

IPO Timetable

Mach Conferences and Events IPO opens on Sep 04, 2024, while My Mudra Fincorp IPO opens on Sep 05, 2024. The closing date of Mach Conferences and Events IPO and My Mudra Fincorp IPO is Sep 06, 2024, and Sep 09, 2024, respectively.

	Mach Conferences and Events IPO	My Mudra Fincorp IPO
Anchor Bid Date	Sep 03, 2024
Issue Open	Sep 04, 2024	Sep 05, 2024
Issue Close	Sep 06, 2024	Sep 09, 2024
Basis Of Allotment (Tentative)	Sep 09, 2024	Sep 10, 2024
Initiation of Refunds (Tentative)	Sep 10, 2024	Sep 11, 2024
Credit of Share (Tentative)	Sep 10, 2024	Sep 11, 2024
Listing date (Tentative)	Sep 11, 2024	Sep 12, 2024
Anchor Lockin End date 1	Oct 09, 2024
Anchor Lockin End date 2	Dec 08, 2024

Financials

Mach Conferences and Events IPO P/E ratio is 16.16, as compared to My Mudra Fincorp IPO P/E ratio of 11.02.

Mach Conferences and Events IPO

My Mudra Fincorp IPO

Financial

Mach Conferences and Events Limited Financial Information (Restated Standalone)

Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	10,133.75	5,772.64	4,049.21
Revenue	23,898.58	14,193.89	2,383.88
Profit After Tax	2,618.29	880.76	-260.63
Net Worth	4,956.72	2,238.47	1,357.71
Reserves and Surplus	3,075.91	2,233.47	1,352.71
Total Borrowing	1,233.08	988.53	509.69
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 Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,027.82	1,485.01	939.6
Revenue	7,114.36	5,355.8	2,846.18
Profit After Tax	835.52	346.75	46.86
Net Worth	1,679.79	844.27	437.88
Reserves and Surplus	1,678.61	843.08	436.81
Total Borrowing	964.41	371.1	341.2
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.97%

78.74%

Promoter Shareholding (Post-Issue)

69.92%

57.84%

P/E Ratio

16.16

11.02

Market Cap

₹473.33 Cr.

₹125.31 Cr.

ROE

72.78%%

66.20%%

ROCE

57.57%%

45.98%%

Debt/Equity

EPS

₹13.92

₹9.98

RoNW

52.82%%

49.74%%

Shares Offered

In the Mach Conferences and Events IPO retail investors (RII) are offered 18,45,000 shares while in My Mudra Fincorp IPO retail investors are offered 18,45,000 shares. Qualified institutional buyers (QIB) are offered 10,53,600 shares in Mach Conferences and Events IPO and 5,74,800 shares in My Mudra Fincorp IPO.

	Mach Conferences and Events IPO	My Mudra Fincorp IPO
Anchor Investor Reserveration	15,78,000 shares	8,59,200 shares
Market Maker Reserveration	3,00,000 shares	1,53,600 shares
QIB	10,53,600 shares	5,74,800 shares
NII	7,91,400 shares	4,30,800 shares
RII	18,45,000 shares	10,05,600 shares
Employee	0 shares	0 shares
Others
Total	36,90,000 shares	20,11,200 shares

Bids Received (Subscription)

Mach Conferences and Events IPO subscribed 196.70x in total, whereas My Mudra Fincorp IPO subscribed 102.48x.

	Mach Conferences and Events IPO	My Mudra Fincorp IPO
QIB (times)	146.66x	48.83x
NII (times)	403.69x	159.37x
Big NII (times)
Small NII (times)
RII (times)	136.49x	108.77x
Employee (times)
Other (times)
Total (times)	196.70x	102.48x

Compare with others

Mach Conferences and Events IPO	My Mudra Fincorp IPO
Aditya Ultra Steel IPO	Share Samadhan IPO
Vision Infra Equipment Solutions IPO	Shubhshree Biofuels Energy IPO
Naturewings Holidays IPO	Aditya Ultra Steel IPO
My Mudra Fincorp IPO	Vision Infra Equipment Solutions IPO
Namo eWaste Management IPO	Naturewings Holidays IPO
Excellent Wires and Packaging IPO	Namo eWaste Management IPO
Travels & Rentals IPO	Mach Conferences and Events IPO
Jeyyam Global Foods IPO	Excellent Wires and Packaging IPO
Boss Packaging Solutions IPO	Travels & Rentals IPO
Vdeal System IPO	Jeyyam Global Foods IPO

Comments

Add a public comment...