Mayank Cattle Food IPO vs WTI Cabs IPO

Comparision between Mayank Cattle Food IPO and WTI Cabs IPO.

IPO Details

Mayank Cattle Food IPO is a SME Book Built Issue IPO proposed to list at BSE SME while WTI Cabs IPO is a SME Book Built Issue proposed to list at NSE SME.

	Mayank Cattle Food IPO	WTI Cabs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Share India Capital Services Private Limited
Registrar	Cameo Corporate Services Limited	Beetal Financial & Computer Services (P) Limited
Market Maker	Rikhav Securities Limited	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mayank Cattle Food IPO is up to ₹19.44 Cr whereas the issue size of the WTI Cabs IPO is up to ₹94.68 Cr. The final issue price of Mayank Cattle Food IPO is ₹108.00 per share and of WTI Cabs IPO is ₹147.00 per share.

	Mayank Cattle Food IPO	WTI Cabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹140.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹108.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	18,00,000 shares	64,41,000 shares
Fresh Issue Size (Amount)	up to ₹19.44 Cr	up to ₹94.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,00,000 shares	64,41,000 shares
Issue Size Total (Amount)	up to ₹19.44 Cr	up to ₹94.68 Cr

IPO Timetable

Mayank Cattle Food IPO opens on Jan 29, 2024, while WTI Cabs IPO opens on Feb 12, 2024. The closing date of Mayank Cattle Food IPO and WTI Cabs IPO is Jan 31, 2024, and Feb 14, 2024, respectively.

	Mayank Cattle Food IPO	WTI Cabs IPO
Anchor Bid Date		Feb 09, 2024
Issue Open	Jan 29, 2024	Feb 12, 2024
Issue Close	Jan 31, 2024	Feb 14, 2024
Basis Of Allotment (Tentative)	Feb 01, 2024	Feb 15, 2024
Initiation of Refunds (Tentative)	Feb 02, 2024	Feb 16, 2024
Credit of Share (Tentative)	Feb 02, 2024	Feb 16, 2024
Listing date (Tentative)	Feb 05, 2024	Feb 19, 2024
Anchor Lockin End date 1	Mar 02, 2024	Mar 16, 2024
Anchor Lockin End date 2	May 01, 2024	May 15, 2024

Financials

Mayank Cattle Food IPO P/E ratio is 29.58, as compared to WTI Cabs IPO P/E ratio of 24.81.

Mayank Cattle Food IPO

WTI Cabs IPO

Financial

Mayank Cattle Food Limited Financial Information (Restated)

Mayank Cattle Food Limited's revenue decreased by -4.15% and profit after tax (PAT) rose by 64.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,122.44	4,893.64	4,163.85	3,433.62
Revenue	7,527.15	30,958.14	32,300.17	18,652.89
Profit After Tax	57.37	131.43	79.92	71.81
Net Worth	533.37	475.99	344.56	264.63
Reserves and Surplus	173.37	455.99	324.56	244.63
Total Borrowing	3,788.35	3,961.00	3,163.53	2,531.49
Amount in ₹ Lakhs

Wise Travel India Limited Financial Information (Restated)

Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,427.82	12,161.21	6,002.64	5,271.17
Revenue	19,016.53	24,997.04	8,970.00	4,405.51
Profit After Tax	1,132.91	1,029.36	377.74	172.85
Net Worth	5,194.36	4,061.45	2,832.10	2,454.36
Reserves and Surplus	3,457.28	3,745.62	2,537.10	2,159.36
Total Borrowing	1,627.55	1,674.50	216.32	56.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.50%

95.63%

Promoter Shareholding (Post-Issue)

65.00%

69.76%

P/E Ratio

29.58

24.81

Market Cap

₹58.32 Cr.

₹350.03 Cr.

ROE

32%%

29.79%%

ROCE

11.27%%

22.90%%

Debt/Equity

9.13

0.65

EPS

₹3.65

₹5.91

RoNW

27.61%%

25.28%%

Shares Offered

In the Mayank Cattle Food IPO retail investors (RII) are offered 8,54,400 shares while in WTI Cabs IPO retail investors are offered 8,54,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mayank Cattle Food IPO and 11,91,000 shares in WTI Cabs IPO.

	Mayank Cattle Food IPO	WTI Cabs IPO
Anchor Investor Reserveration		17,85,000 shares
Market Maker Reserveration	90,000 shares	4,38,000 shares
QIB	0 shares	11,91,000 shares
NII	8,55,600 shares	8,94,000 shares
RII	8,54,400 shares	20,84,000 shares
Employee	0 shares	0 shares
Others
Total	17,10,000 shares	42,18,000 shares

Bids Received (Subscription)

Mayank Cattle Food IPO subscribed 8.83x in total, whereas WTI Cabs IPO subscribed 163.46x.

	Mayank Cattle Food IPO	WTI Cabs IPO
QIB (times)		106.69x
NII (times)	5.90x	375.56x
Big NII (times)
Small NII (times)
RII (times)	11.77x	108.76x
Employee (times)
Other (times)
Total (times)	8.83x	163.46x

Compare with others

Mayank Cattle Food IPO	WTI Cabs IPO
Rudra Gas Enterprise IPO	Atmastco IPO
WTI Cabs IPO	Thaai Casting IPO
Alpex Solar IPO	Kalahridhaan Trendz IPO
Italian Edibles IPO	Polysil Irrigation Systems IPO
Gabriel Pet Straps IPO	Rudra Gas Enterprise IPO
Docmode Health Technologies IPO	Alpex Solar IPO
Harshdeep Hortico IPO	Italian Edibles IPO
Megatherm Induction IPO	Gabriel Pet Straps IPO
DelaPlex IPO	Mayank Cattle Food IPO
Baweja Studios IPO	Docmode Health Technologies IPO

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