Marco Cables IPO vs Sunita Tools IPO

Comparison between Marco Cables IPO and Sunita Tools IPO.

IPO Details

Marco Cables IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Sunita Tools IPO is ₹145.00 per share.

 Marco Cables IPOSunita Tools IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹36.00 per share₹145.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1000 shares
Fresh Issue Size23,13,000 shares12,42,000 shares
Fresh Issue Size (Amount)up to ₹8.33 Crup to ₹18.01 Cr
OFS Issue Size26,01,000 shares2,00,000 shares
OFS Issue Size (Amount)up to ₹9.36 Crup to ₹2.90 Cr
Issue Size Total49,14,000 shares14,42,000 shares
Issue Size Total (Amount)up to ₹17.69 Crup to ₹20.91 Cr

IPO Timetable

Marco Cables IPO opens on Sep 21, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Marco Cables IPO and Sunita Tools IPO is Sep 25, 2023, and Oct 03, 2023, respectively.

 Marco Cables IPOSunita Tools IPO
Issue OpenSep 21, 2023Sep 26, 2023
Issue CloseSep 25, 2023Oct 03, 2023
Basis Of Allotment (Tentative)Sep 28, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Sep 29, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 03, 2023Oct 06, 2023
Listing date (Tentative)Sep 28, 2023Oct 11, 2023

Financials & KPIs

Marco Cables IPO P/E ratio is 20.22, as compared to Sunita Tools IPO P/E ratio of 16.88.

 Marco Cables IPOSunita Tools IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets69.9359.5556.59
Total Income56.9456.6542.83
Profit After Tax2.810.330.12
NET Worth15.619.459.11
Reserves and Surplus12.396.556.22
Total Borrowing37.5836.6535.22
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets25.3814.2313.52
Total Income14.178.896.92
Profit After Tax3.380.810.27
NET Worth3.21-2.67-3.48
Reserves and Surplus-1.10-4.48-5.29
Total Borrowing16.6012.4913.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.18%72.98%
P/E Ratio20.2216.88
Market Cap₹67.32 Cr.₹81.56 Cr.
ROE22.411259
ROCE16.9336.76
Debt/Equity2.415.17
EPS₹1.78₹13.96
RoNW17.98105.31

Shares Offered

In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Sunita Tools IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marco Cables IPO and 0 shares in Sunita Tools IPO.

 Marco Cables IPOSunita Tools IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,88,000 shares78,000 shares
QIB0 shares0 shares
NII24,57,000 shares7,21,000 shares
RII24,57,000 shares7,21,000 shares
Employee0 shares0 shares
Total49,14,000 shares14,42,000 shares

Bids Received (Subscription)

Marco Cables IPO subscribed 29.80x in total, whereas Sunita Tools IPO subscribed 13.19x.

 Marco Cables IPOSunita Tools IPO
NII (times)24.36x5.27x
RII (times)35.24x21.10x
Total (times)29.80x13.19x

Compare with others

Compare:

Marco Cables IPO Vs Sunita Tools IPO