Metro Brands IPO vs Tracxn Technologies IPO

Comparision between Metro Brands IPO and Tracxn Technologies IPO.

IPO Details

Metro Brands IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tracxn Technologies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Metro Brands IPO	Tracxn Technologies 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	Ambit Private Limited Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Equirus Capital Private Limited ICICI Securities Limited Motilal Oswal Investment Advisors Limited	Iifl Securities Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Metro Brands IPO is up to ₹1,367.51 Cr whereas the issue size of the Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of Metro Brands IPO is ₹500.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.

	Metro Brands IPO	Tracxn Technologies IPO
Face Value	₹5 per share	₹1 per share
Issue Price (Lower)	₹485.00 per share	₹75.00 per share
Issue Price (Upper)	₹500.00 per share	₹80.00 per share
Issue Price (Final)	₹500.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	30 shares	185 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹295.00 Cr
OFS Issue Size	2,14,50,100 shares	3,86,72,208 shares
OFS Issue Size (Amount)	up to ₹1,072.51 Cr	up to ₹309.38 Cr
Issue Size Total		3,86,72,208 shares
Issue Size Total (Amount)	up to ₹1,367.51 Cr	up to ₹309.38 Cr

IPO Timetable

Metro Brands IPO opens on Dec 10, 2021, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of Metro Brands IPO and Tracxn Technologies IPO is Dec 14, 2021, and Oct 12, 2022, respectively.

	Metro Brands IPO	Tracxn Technologies IPO
Anchor Bid Date
Issue Open	Dec 10, 2021	Oct 10, 2022
Issue Close	Dec 14, 2021	Oct 12, 2022
Basis Of Allotment (Tentative)	Dec 17, 2021	Oct 17, 2022
Initiation of Refunds (Tentative)	Dec 20, 2021	Oct 18, 2022
Credit of Share (Tentative)	Dec 21, 2021	Oct 19, 2022
Listing date (Tentative)	Dec 22, 2021	Oct 20, 2022
Anchor Lockin End date 1	Jan 16, 2022	Nov 16, 2022
Anchor Lockin End date 2	Mar 17, 2022	Jan 15, 2023

Financials

Metro Brands IPO P/E ratio is , as compared to Tracxn Technologies IPO P/E ratio of 240.

Metro Brands IPO

Tracxn Technologies 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	31-Mar-19
Total Assets	17,396.06	16,593.40	16,174.23	13,215.06
Total Revenue	4,892.68	8,785.38	13,110.68	12,368.95
Profit After Tax	430.74	646.19	1,605.75	1,527.31

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Crore)
	30-Jun-22	30-Jun-21	31-Mar-22	31-Mar-21	31-Mar-20
Total Assets	56.78	49.93	54.01	48.46	52.38
Total Revenue	19.08	15.44	65.16	55.74	6.31
Profit After Tax	0.923	-0.837775	-4.852	-4.152	-54.826
Net Worth	22.98	22.04	20.64	22.22	-135.24
Reserves and surplus	12.95	21.14	10.61	21.32	-135.44

Promoter Shareholding (Pre-Issue)

84.02%

50.93%

Promoter Shareholding (Post-Issue)

74.27%

35.65%

P/E Ratio

240

Market Cap

₹802.48 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Metro Brands IPO retail investors (RII) are offered 95,72,535 shares while in Tracxn Technologies IPO retail investors are offered 95,72,535 shares. Qualified institutional buyers (QIB) are offered 54,70,020 shares in Metro Brands IPO and 1,16,01,663 shares in Tracxn Technologies IPO.

	Metro Brands IPO	Tracxn Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	54,70,020 shares	1,16,01,663 shares
NII	41,02,515 shares	58,00,831 shares
RII	95,72,535 shares	38,67,220 shares
Employee	0 shares	0 shares
Others
Total	1,91,45,070 shares	2,12,69,714 shares

Bids Received (Subscription)

Metro Brands IPO subscribed 3.64x in total, whereas Tracxn Technologies IPO subscribed 2.01x.

	Metro Brands IPO	Tracxn Technologies IPO
QIB (times)	8.49x	1.66x
NII (times)	3.02x	0.80x
Big NII (times)		0.72x
Small NII (times)		0.94x
RII (times)	1.13x	4.87x
Employee (times)
Other (times)
Total (times)	3.64x	2.01x

Compare with others

Metro Brands IPO	Tracxn Technologies IPO
CMS Info Systems IPO	LIC IPO
Tracxn Technologies IPO	Manyavar IPO
Supriya Lifescience IPO	Delhivery IPO
Medplus Health IPO	AGS Transact IPO
HP Adhesives IPO	CMS Info Systems IPO
Shriram Properties IPO	Supriya Lifescience IPO
Data Patterns IPO	Medplus Health IPO
RateGain IPO	HP Adhesives IPO
MapmyIndia IPO	Metro Brands IPO
Anand Rathi IPO	Shriram Properties IPO

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