Madhavbaug IPO vs Quality RO IPO

Comparision between Madhavbaug IPO and Quality RO IPO.

IPO Details

Madhavbaug IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Quality RO IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Madhavbaug IPO	Quality RO IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	First Overseas Capital Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Madhavbaug IPO is up to ₹20.23 Cr whereas the issue size of the Quality RO IPO is up to ₹2.70 Cr. The final issue price of Madhavbaug IPO is ₹73.00 per share and of Quality RO IPO is ₹51.00 per share.

	Madhavbaug IPO	Quality RO IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹73.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	27,71,200 shares	5,30,000 shares
Fresh Issue Size (Amount)	up to ₹20.23 Cr	up to ₹2.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,71,200 shares	5,30,000 shares
Issue Size Total (Amount)	up to ₹20.23 Cr	up to ₹2.70 Cr

IPO Timetable

Madhavbaug IPO opens on Feb 10, 2022, while Quality RO IPO opens on Jan 27, 2022. The closing date of Madhavbaug IPO and Quality RO IPO is Feb 15, 2022, and Feb 01, 2022, respectively.

	Madhavbaug IPO	Quality RO IPO
Anchor Bid Date
Issue Open	Feb 10, 2022	Jan 27, 2022
Issue Close	Feb 15, 2022	Feb 01, 2022
Basis Of Allotment (Tentative)	Feb 18, 2022	Feb 04, 2022
Initiation of Refunds (Tentative)	Feb 21, 2022	Feb 07, 2022
Credit of Share (Tentative)	Feb 22, 2022	Feb 08, 2022
Listing date (Tentative)	Feb 23, 2022	Feb 09, 2022
Anchor Lockin End date 1	Mar 20, 2022	Mar 06, 2022
Anchor Lockin End date 2	May 19, 2022	May 05, 2022

Financials

Madhavbaug IPO P/E ratio is 28.29, as compared to Quality RO IPO P/E ratio of 113.

Madhavbaug IPO

Quality RO IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20
Total Assets	257.80	258.06	291.11
Total Revenue	315.65	522.79	752.97
Profit After Tax	13.54	15.47	-5.57

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Nov-21
Total Assets	25.02
Total Revenue	1.67
Profit After Tax	0.14

Promoter Shareholding (Pre-Issue)

90.08%

84.00%

Promoter Shareholding (Post-Issue)

66.34%

60.93%

P/E Ratio

28.29

113

Market Cap

₹76.75 Cr.

₹9.84 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Madhavbaug IPO retail investors (RII) are offered 13,15,200 shares while in Quality RO IPO retail investors are offered 13,15,200 shares. Qualified institutional buyers (QIB) are offered in Madhavbaug IPO and in Quality RO IPO.

	Madhavbaug IPO	Quality RO IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,40,800 shares	30,000 shares
QIB
NII	13,15,200 shares	2,50,000 shares
RII	13,15,200 shares	2,50,000 shares
Employee
Others
Total	26,30,400 shares	5,00,000 shares

Bids Received (Subscription)

Madhavbaug IPO subscribed 2.82x in total, whereas Quality RO IPO subscribed 7.26x.

	Madhavbaug IPO	Quality RO IPO
QIB (times)
NII (times)	2.66x	4.46x
Big NII (times)
Small NII (times)
RII (times)	2.98x	10.06x
Employee (times)
Other (times)
Total (times)	2.82x	7.26x

Compare with others

Madhavbaug IPO	Quality RO IPO
SP Refractories IPO	Cool Caps IPO
Cool Caps IPO	Shigan Quantum Technologies IPO
Shigan Quantum Technologies IPO	Ekennis Software IPO
Ekennis Software IPO	Richa Info Systems IPO
Richa Info Systems IPO	Madhavbaug IPO
Quality RO IPO	Maruti Interior IPO
Maruti Interior IPO	Safa Systems IPO
Safa Systems IPO	Alkosign IPO
Alkosign IPO	Precision Metaliks IPO
Precision Metaliks IPO	Dj Mediaprint FPO

Comments

Add a public comment...