My Mudra Fincorp IPO vs Naturewings Holidays IPO

Comparision between My Mudra Fincorp IPO and Naturewings Holidays IPO.

IPO Details

My Mudra Fincorp IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Naturewings Holidays IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	My Mudra Fincorp IPO	Naturewings Holidays IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Fedex Securities Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Pure Broking 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 My Mudra Fincorp IPO is up to ₹33.26 Cr whereas the issue size of the Naturewings Holidays IPO is up to ₹7.03 Cr. The final issue price of My Mudra Fincorp IPO is ₹110.00 per share and of Naturewings Holidays IPO is ₹74.00 per share.

	My Mudra Fincorp IPO	Naturewings Holidays 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)	₹110.00 per share	₹74.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	30,24,000 shares	9,50,400 shares
Fresh Issue Size (Amount)	up to ₹33.26 Cr	up to ₹7.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,24,000 shares	9,50,400 shares
Issue Size Total (Amount)	up to ₹33.26 Cr	up to ₹7.03 Cr

IPO Timetable

My Mudra Fincorp IPO opens on Sep 05, 2024, while Naturewings Holidays IPO opens on Sep 03, 2024. The closing date of My Mudra Fincorp IPO and Naturewings Holidays IPO is Sep 09, 2024, and Sep 05, 2024, respectively.

	My Mudra Fincorp IPO	Naturewings Holidays IPO
Anchor Bid Date
Issue Open	Sep 05, 2024	Sep 03, 2024
Issue Close	Sep 09, 2024	Sep 05, 2024
Basis Of Allotment (Tentative)	Sep 10, 2024	Sep 06, 2024
Initiation of Refunds (Tentative)	Sep 11, 2024	Sep 09, 2024
Credit of Share (Tentative)	Sep 11, 2024	Sep 09, 2024
Listing date (Tentative)	Sep 12, 2024	Sep 10, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

My Mudra Fincorp IPO P/E ratio is 11.02, as compared to Naturewings Holidays IPO P/E ratio of 14.61.

My Mudra Fincorp IPO

Naturewings Holidays IPO

Financial

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

Naturewings Holidays Limited Financial Information (Restated)

Naturewings Holidays Limited's revenue increased by 86% and profit after tax (PAT) rose by 72% 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	571.61	514.16	309.57
Revenue	2,189.97	1,176.25	418.32
Profit After Tax	111.92	65.08	19.89
Net Worth	265.63	153.71	88.63
Reserves and Surplus	44.63	68.71	83.63
Total Borrowing	5.12	6.99	8.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

78.74%

95.8%

Promoter Shareholding (Post-Issue)

57.84%

67.53%

P/E Ratio

11.02

14.61

Market Cap

₹125.31 Cr.

₹23.39 Cr.

ROE

66.20%%

4.10%%

ROCE

45.98%%

5.76%%

Debt/Equity

0.03

EPS

₹9.98

₹5.06

RoNW

49.74%%

42.13%%

Shares Offered

In the My Mudra Fincorp IPO retail investors (RII) are offered 10,05,600 shares while in Naturewings Holidays IPO retail investors are offered 10,05,600 shares. Qualified institutional buyers (QIB) are offered 5,74,800 shares in My Mudra Fincorp IPO and 0 shares in Naturewings Holidays IPO.

	My Mudra Fincorp IPO	Naturewings Holidays IPO
Anchor Investor Reserveration	8,59,200 shares
Market Maker Reserveration	1,53,600 shares	48,000 shares
QIB	5,74,800 shares	0 shares
NII	4,30,800 shares	4,51,200 shares
RII	10,05,600 shares	4,51,200 shares
Employee	0 shares	0 shares
Others
Total	20,11,200 shares	9,02,400 shares

Bids Received (Subscription)

My Mudra Fincorp IPO subscribed 102.48x in total, whereas Naturewings Holidays IPO subscribed 383.48x.

	My Mudra Fincorp IPO	Naturewings Holidays IPO
QIB (times)	48.83x
NII (times)	159.37x	270.65x
Big NII (times)
Small NII (times)
RII (times)	108.77x	487.17x
Employee (times)
Other (times)
Total (times)	102.48x	383.48x

Compare with others

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

Comments

Add a public comment...