Comparison between AccelerateBS IPO and Magson Retail IPO.
AccelerateBS IPO is a SME Fixed Price IPO proposed to list at BSE SME while Magson Retail IPO is a SME Fixed Price proposed to list at NSE SME.
| AccelerateBS IPO | Magson Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | ISK Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AccelerateBS IPO is up to ₹5.39 Cr whereas the issue size of the Magson Retail IPO is up to ₹13.05 Cr. The final issue price of AccelerateBS IPO is ₹90.00 per share and of Magson Retail IPO is ₹65.00 per share.
| AccelerateBS IPO | Magson Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 1,55,200 shares | 20,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.40 Cr | up to ₹13.05 Cr |
| OFS Issue Size | 4,43,200 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.99 Cr | up to ₹0.00 Cr |
| Issue Size Total | 5,98,400 shares | 20,08,000 shares |
| Issue Size Total (Amount) | up to ₹5.39 Cr | up to ₹13.05 Cr |
AccelerateBS IPO opens on Jul 06, 2023, while Magson Retail IPO opens on Jun 23, 2023. The closing date of AccelerateBS IPO and Magson Retail IPO is Jul 11, 2023, and Jun 27, 2023, respectively.
| AccelerateBS IPO | Magson Retail IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 06, 2023 | Jun 23, 2023 |
| Issue Close | Jul 11, 2023 | Jun 27, 2023 |
| Basis Of Allotment (Tentative) | Jul 14, 2023 | Jul 03, 2023 |
| Initiation of Refunds (Tentative) | Jul 17, 2023 | Jul 04, 2023 |
| Credit of Share (Tentative) | Jul 18, 2023 | Jul 05, 2023 |
| Listing date (Tentative) | Jul 19, 2023 | Jul 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AccelerateBS IPO P/E ratio is 27.27, as compared to Magson Retail IPO P/E ratio of 20.25.
| AccelerateBS IPO | Magson Retail IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 95.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.59 | 70.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 27.27 | 20.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹19.34 Cr. | ₹51.03 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.16 | 0.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.38 | ₹4.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.77 | 27.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AccelerateBS IPO Retail Individual Investors (RII) are offered 2,99,200 shares while in Magson Retail IPO retail investors are offered 2,99,200 shares. Qualified Institutional Buyers (QIB) are offered in AccelerateBS IPO and in Magson Retail IPO.
| AccelerateBS IPO | Magson Retail IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 33,600 shares | 1,06,000 shares |
| QIB | ||
| NII | 2,99,200 shares | 10,04,000 shares |
| RII | 2,99,200 shares | 10,04,000 shares |
| Employee | ||
| Others | ||
| Total | 5,98,400 shares | 20,08,000 shares |
AccelerateBS IPO subscribed 49.19x in total, whereas Magson Retail IPO subscribed 6.74x.
| AccelerateBS IPO | Magson Retail IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 39.25x | 6.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 59.11x | 7.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 49.19x | 6.74x |
