MTAR Technologies IPO vs Nureca IPO

Comparison between MTAR Technologies IPO and Nureca IPO.

IPO Details

MTAR Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nureca IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of MTAR Technologies IPO is up to ₹596.41 Cr whereas the issue size of the Nureca IPO is up to ₹100.00 Cr. The final issue price of MTAR Technologies IPO is ₹575.00 per share and of Nureca IPO is ₹400.00 per share.

 MTAR Technologies IPONureca IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹574.00 per share₹396.00 per share
Issue Price (Upper)₹575.00 per share₹400.00 per share
Issue Price (Final)₹575.00 per share₹400.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹20.00 per share
Market Lot Size26 shares35 shares
Fresh Issue Size21,48,149 shares25,00,175 shares
Fresh Issue Size (Amount)up to ₹123.52 Crup to ₹100.00 Cr
OFS Issue Size82,24,270 shares0 shares
OFS Issue Size (Amount)up to ₹472.90 Crup to ₹0.00 Cr
Issue Size Total1,03,72,419 shares25,00,175 shares
Issue Size Total (Amount)up to ₹596.41 Crup to ₹100.00 Cr

IPO Timetable

MTAR Technologies IPO opens on Mar 03, 2021, while Nureca IPO opens on Feb 15, 2021. The closing date of MTAR Technologies IPO and Nureca IPO is Mar 05, 2021, and Feb 17, 2021, respectively.

 MTAR Technologies IPONureca IPO
Anchor Bid DateMar 02, 2021Feb 12, 2021
Issue OpenMar 03, 2021Feb 15, 2021
Issue CloseMar 05, 2021Feb 17, 2021
Basis Of Allotment (Tentative)Mar 10, 2021Feb 23, 2021
Initiation of Refunds (Tentative)Mar 12, 2021Feb 24, 2021
Credit of Share (Tentative)Mar 15, 2021Feb 24, 2021
Listing date (Tentative)Mar 15, 2021Feb 25, 2021
Anchor Lockin End date 1Apr 09, 2021Mar 25, 2021
Anchor Lockin End date 2Jun 08, 2021May 24, 2021

Financials & KPIs

MTAR Technologies IPO P/E ratio is , as compared to Nureca IPO P/E ratio of .

 MTAR Technologies IPONureca IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets381.91346.27305.16281.03
Total Income177.99218.14185.91160.55
Profit After Tax28.0731.3239.205.42
EBITDA53.7562.3355.9632.82
NET Worth239.26225.08234.98205.52
Reserves and Surplus218.86198.32206.77177.31
Total Borrowing16.0029.1328.7319.79
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets102.4933.8823.527.02
Total Income122.9799.4961.9820.07
Profit After Tax36.186.406.233.11
EBITDA50.019.769.144.39
NET Worth51.6514.937.951.72
Reserves and Surplus44.6514.927.941.71
Total Borrowing8.029.150.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)62.2493.33
Promoter Shareholding (Post-Issue)50.2570
P/E Ratio
Market Cap₹1768.68 Cr.₹400.05 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the MTAR Technologies IPO Retail Individual Investors (RII) are offered 36,30,347 shares while in Nureca IPO retail investors are offered 36,30,347 shares. Qualified Institutional Buyers (QIB) are offered 20,74,484 shares in MTAR Technologies IPO and 7,42,500 shares in Nureca IPO.

 MTAR Technologies IPONureca IPO
Anchor Investor Reservation31,11,725 shares11,13,750 shares
Market Maker Reservation
QIB20,74,484 shares7,42,500 shares
NII15,55,863 shares3,71,250 shares
RII36,30,347 shares2,47,500 shares
Employee26,315 shares
Others
Total1,03,72,419 shares25,01,315 shares

Bids Received (Subscription)

MTAR Technologies IPO subscribed 140.56x in total, whereas Nureca IPO subscribed 22.37x.

 MTAR Technologies IPONureca IPO
QIB (times)164.99x3.14x
NII (times)650.79x31.91x
Big NII (times)
Small NII (times)
RII (times)28.40x168.33x
Employee (times)4.87x
Other (times)
Total (times)140.56x22.37x

Compare with others

Compare:

MTAR Technologies IPO Vs Nureca IPO