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Magenta Lifecare IPO vs United Cotfab IPO

Comparision between Magenta Lifecare IPO and United Cotfab IPO.

IPO Details

Magenta Lifecare IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Magenta Lifecare IPO United Cotfab IPO
Logo Magenta Lifecare IPO Logo United Cotfab IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At BSE SME BSE SME
Lead Managers Fedex Securities Pvt Ltd Beeline Capital Advisors Pvt Ltd
Registrar Cameo Corporate Services Limited Purva Sharegistry India Pvt Ltd
Market Maker Sunflower Broking Private Limited Spread X Securities Private Limited
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 Magenta Lifecare IPO is up to ₹7.00 Cr whereas the issue size of the United Cotfab IPO is up to ₹36.29 Cr. The final issue price of Magenta Lifecare IPO is ₹35.00 per share and of United Cotfab IPO is ₹70.00 per share.

  Magenta Lifecare IPO United Cotfab IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹35.00 per share ₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 4000 shares 2000 shares
Fresh Issue Size 20,00,000 shares 51,84,000 shares
Fresh Issue Size (Amount) up to ₹7.00 Cr up to ₹36.29 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 20,00,000 shares 51,84,000 shares
Issue Size Total (Amount) up to ₹7.00 Cr up to ₹36.29 Cr

IPO Timetable

Magenta Lifecare IPO opens on Jun 05, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of Magenta Lifecare IPO and United Cotfab IPO is Jun 07, 2024, and Jun 19, 2024, respectively.

  Magenta Lifecare IPO United Cotfab IPO
Anchor Bid Date
Issue Open Jun 05, 2024 Jun 13, 2024
Issue Close Jun 07, 2024 Jun 19, 2024
Basis Of Allotment (Tentative) Jun 10, 2024 Jun 20, 2024
Initiation of Refunds (Tentative) Jun 11, 2024 Jun 21, 2024
Credit of Share (Tentative) Jun 11, 2024 Jun 21, 2024
Listing date (Tentative) Jun 12, 2024 Jun 24, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Magenta Lifecare IPO P/E ratio is 69.43, as compared to United Cotfab IPO P/E ratio of 9.7.

  Magenta Lifecare IPO United Cotfab IPO
Financial

Magenta Lifecare Limited Financial Information (Restated)

Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,505.711,250.931,415.601,459.78
Revenue630.74955.29938.47966.14
Profit After Tax24.3624.5518.8919.44
Net Worth634.18520.81361.73142.85
Reserves and Surplus147.19366.57219.7220.84
Total Borrowing447.83453.01757.53982.73
Amount in ₹ Lakhs

United Cotfab Limited Financial Information (Restated)

United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets8,168.465,367.711,559.95107.10
Revenue11,552.7464.021.88
Profit After Tax866.6513.931.60-0.11
Net Worth1,356.42993.56681.970.22
Reserves and Surplus188.10
Total Borrowing4,750.933,821.18773.47106.50
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 84.06% 100.00%
Promoter Shareholding (Post-Issue) 59.59% 69.84%
P/E Ratio 69.43 9.7
Market Cap ₹24.04 Cr. ₹120.33 Cr.
ROE 5.62%% 72.76%%
ROCE 13.41%% 26.95%%
Debt/Equity 3.42
EPS ₹0.50 ₹7.22
RoNW 3.84%% 63.89%%

Shares Offered

In the Magenta Lifecare IPO retail investors (RII) are offered 9,48,000 shares while in United Cotfab IPO retail investors are offered 9,48,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Magenta Lifecare IPO and 0 shares in United Cotfab IPO.

  Magenta Lifecare IPO United Cotfab IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,04,000 shares 2,60,000 shares
QIB 0 shares 0 shares
NII 9,48,000 shares 24,62,000 shares
RII 9,48,000 shares 24,62,000 shares
Employee 0 shares 0 shares
Others
Total 18,96,000 shares 49,24,000 shares

Bids Received (Subscription)

Magenta Lifecare IPO subscribed 983.19x in total, whereas United Cotfab IPO subscribed 107.16x.

  Magenta Lifecare IPO United Cotfab IPO
QIB (times)
NII (times) 1,145.78x 114.71x
Big NII (times)
Small NII (times)
RII (times) 778.41x 77.22x
Employee (times)
Other (times)
Total (times) 983.19x 107.16x

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