Mamaearth IPO vs Plaza Wires IPO

Comparision between Mamaearth IPO and Plaza Wires IPO.

IPO Details

Mamaearth IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Plaza Wires IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mamaearth IPO	Plaza Wires 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	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jm Financial Limited J.P. Morgan India Private Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies 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 Mamaearth IPO is up to ₹1,701.44 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of Mamaearth IPO is ₹324.00 per share and of Plaza Wires IPO is ₹54.00 per share.

	Mamaearth IPO	Plaza Wires IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹308.00 per share	₹51.00 per share
Issue Price (Upper)	₹324.00 per share	₹54.00 per share
Issue Price (Final)	₹324.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)	₹30.00 per share
Market Lot Size	46 shares	277 shares
Fresh Issue Size	1,12,68,580 shares	1,32,00,158 shares
Fresh Issue Size (Amount)	up to ₹365.00 Cr	up to ₹71.28 Cr
OFS Issue Size	4,12,48,162 shares
OFS Issue Size (Amount)	up to ₹1,336.40 Cr
Issue Size Total	5,25,16,742 shares	1,32,00,158 shares
Issue Size Total (Amount)	up to ₹1,701.44 Cr	up to ₹71.28 Cr

IPO Timetable

Mamaearth IPO opens on Oct 31, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of Mamaearth IPO and Plaza Wires IPO is Nov 02, 2023, and Oct 05, 2023, respectively.

	Mamaearth IPO	Plaza Wires IPO
Anchor Bid Date	Oct 30, 2023	Sep 27, 2023
Issue Open	Oct 31, 2023	Sep 29, 2023
Issue Close	Nov 02, 2023	Oct 05, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Nov 06, 2023	Oct 11, 2023
Credit of Share (Tentative)	Nov 06, 2023	Oct 12, 2023
Listing date (Tentative)	Nov 07, 2023	Oct 12, 2023
Anchor Lockin End date 1	Dec 06, 2023	Nov 08, 2023
Anchor Lockin End date 2	Feb 04, 2024	Jan 07, 2024

Financials

Mamaearth IPO P/E ratio is , as compared to Plaza Wires IPO P/E ratio of 21.95.

Mamaearth IPO

Plaza Wires IPO

Financial

Honasa Consumer Limited Financial Information (Restated Consolidated)

Honasa Consumer Limited's revenue increased by 57.13% and profit after tax (PAT) dropped by -1145.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,048.03	966.42	1,035.01	302.64
Revenue	477.10	1,515.27	964.35	472.10
Profit After Tax	24.72	-150.97	14.44	-1,324.61
Net Worth	638.26	605.90	705.62	-1,765.14
Reserves and Surplus	-1,290.94	-1,323.32	-1,087.33
Total Borrowing	6.79	3.61	3.59
Amount in ₹ Crore

Plaza Wires Limited Financial Information (Restated)

Plaza Wires Limited's revenue increased by 3.2% and profit after tax (PAT) rose by 26.13% 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	112.10	104.17	99.28
Revenue	182.60	176.94	145.60
Profit After Tax	7.51	5.95	4.24
Net Worth	53.08	45.52	39.48
Reserves and Surplus	22.53	14.96	35.66
Total Borrowing	39.68	40.09	43.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

37.41%

100%

Promoter Shareholding (Post-Issue)

35.34%

69.83%

P/E Ratio

21.95

Market Cap

₹10425.00 Cr.

₹236.26 Cr.

ROE

14.15%%

ROCE

15.57%%

Debt/Equity

0.75

EPS

₹4.66

₹2.46

RoNW

-23.57%%

14.16%%

Shares Offered

In the Mamaearth IPO retail investors (RII) are offered 52,48,272 shares while in Plaza Wires IPO retail investors are offered 52,48,272 shares. Qualified institutional buyers (QIB) are offered 1,57,44,820 shares in Mamaearth IPO and 61,96,076 shares in Plaza Wires IPO.

	Mamaearth IPO	Plaza Wires IPO
Anchor Investor Reserveration	2,36,17,228 shares	37,04,044 shares
Market Maker Reserveration
QIB	1,57,44,820 shares	61,96,076 shares
NII	78,72,409 shares	19,80,023 shares
RII	52,48,272 shares	13,20,015 shares
Employee	34,013 shares	0 shares
Others
Total	2,88,99,514 shares	94,96,114 shares

Bids Received (Subscription)

Mamaearth IPO subscribed 7.61x in total, whereas Plaza Wires IPO subscribed 160.97x.

	Mamaearth IPO	Plaza Wires IPO
QIB (times)	11.50x	42.84x
NII (times)	4.02x	388.09x
Big NII (times)	4.85x	360.92x
Small NII (times)	2.36x	442.42x
RII (times)	1.35x	374.81x
Employee (times)	4.88x
Other (times)
Total (times)	7.61x	160.97x

Compare with others

Mamaearth IPO	Plaza Wires IPO
Fedbank Financial Services IPO	Cello World Limited IPO
Gandhar Oil Refinery India IPO	Mamaearth IPO
ASK Automotive IPO	Blue Jet Healthcare IPO
ESAF Small Finance Bank IPO	Protean eGov Technologies IPO
Cello World Limited IPO	IRM Energy IPO
Blue Jet Healthcare IPO	Updater Services IPO
Protean eGov Technologies IPO	Valiant Laboratories IPO
IRM Energy IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Plaza Wires IPO	JSW Infrastructure IPO
Updater Services IPO	Sai Silks (Kalamandir) IPO

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