MTAR Technologies IPO vs Stove Kraft IPO

Comparision between MTAR Technologies IPO and Stove Kraft IPO.

IPO Details

MTAR Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stove Kraft IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	MTAR Technologies IPO	Stove Kraft 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	Iifl Securities Ltd Jm Financial Limited	Edelweiss Financial Services Ltd Jm Financial Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
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 MTAR Technologies IPO is up to ₹596.41 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.63 Cr. The final issue price of MTAR Technologies IPO is ₹575.00 per share and of Stove Kraft IPO is ₹385.00 per share.

	MTAR Technologies IPO	Stove Kraft IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹574.00 per share	₹384.00 per share
Issue Price (Upper)	₹575.00 per share	₹385.00 per share
Issue Price (Final)	₹575.00 per share	₹385.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	26 shares	38 shares
Fresh Issue Size	21,48,149 shares
Fresh Issue Size (Amount)	up to ₹123.52 Cr	up to ₹95.00 Cr
OFS Issue Size	82,24,270 shares	82,50,000 shares
OFS Issue Size (Amount)	up to ₹472.90 Cr
Issue Size Total	1,03,72,419 shares
Issue Size Total (Amount)	up to ₹596.41 Cr	up to ₹412.63 Cr

IPO Timetable

MTAR Technologies IPO opens on Mar 03, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of MTAR Technologies IPO and Stove Kraft IPO is Mar 05, 2021, and Jan 28, 2021, respectively.

	MTAR Technologies IPO	Stove Kraft IPO
Anchor Bid Date
Issue Open	Mar 03, 2021	Jan 25, 2021
Issue Close	Mar 05, 2021	Jan 28, 2021
Basis Of Allotment (Tentative)	Mar 10, 2021	Feb 02, 2021
Initiation of Refunds (Tentative)	Mar 12, 2021	Feb 03, 2021
Credit of Share (Tentative)	Mar 15, 2021	Feb 04, 2021
Listing date (Tentative)	Mar 15, 2021	Feb 05, 2021
Anchor Lockin End date 1	Apr 09, 2021	Mar 04, 2021
Anchor Lockin End date 2	Jun 08, 2021	May 03, 2021

Financials

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

MTAR Technologies IPO

Stove Kraft IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,819.14	3,462.71	3,051.58	2,810.32
Total Revenue	1,779.91	2,181.42	1,859.10	1,605.45
Profit After Tax	280.69	313.18	391.99	54.23

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,984.99	4,712.91	4,257.26	3,936.42
Total Revenue	3,295.09	6,729.14	6,425.98	5,345.85
Profit After Tax	287.76	31.70	7.36	(120.18)

Promoter Shareholding (Pre-Issue)

62.24%

61.31%

Promoter Shareholding (Post-Issue)

50.25%

54.36%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the MTAR Technologies IPO retail investors (RII) are offered 36,30,347 shares while in Stove Kraft IPO retail investors are offered 36,30,347 shares. Qualified institutional buyers (QIB) are offered 20,74,484 shares in MTAR Technologies IPO and 32,15,260 shares in Stove Kraft IPO.

	MTAR Technologies IPO	Stove Kraft IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	20,74,484 shares	32,15,260 shares
NII	15,55,863 shares	16,07,629 shares
RII	36,30,347 shares	10,71,753 shares
Employee	0 shares	0 shares
Others
Total	72,60,694 shares	58,94,642 shares

Bids Received (Subscription)

MTAR Technologies IPO subscribed 200.79x in total, whereas Stove Kraft IPO subscribed 18.03x.

	MTAR Technologies IPO	Stove Kraft IPO
QIB (times)	164.99x	8.02x
NII (times)	650.79x	32.72x
Big NII (times)
Small NII (times)
RII (times)	28.40x	26.04x
Employee (times)
Other (times)
Total (times)	200.79x	18.03x

Compare with others

MTAR Technologies IPO	Stove Kraft IPO
Anupam Rasayan IPO	EaseMyTrip IPO
Laxmi Organic IPO	MTAR Technologies IPO
Craftsman Automation IPO	Heranba Industries IPO
Nazara Technologies IPO	Nureca limited IPO
EaseMyTrip IPO	Brookfield India REIT
Heranba Industries IPO	Home First Finance IPO
Nureca limited IPO	Indigo Paints IPO
Brookfield India REIT	Antony Waste IPO
Stove Kraft IPO	Mrs. Bectors Food IPO
Home First Finance IPO	IRFC IPO

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