Accent Microcell IPO vs Marinetrans IPO

Comparison between Accent Microcell IPO and Marinetrans IPO.

IPO Details

Accent Microcell IPO is a SME Fixed Price IPO proposed to list at NSE SME while Marinetrans IPO is a SME Fixed Price proposed to list at NSE SME.

	Accent Microcell IPO	Marinetrans IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt.Ltd.	Swaraj shares & securities Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Prabhat Financial Services Ltd.	NNM Securities Pvt.Ltd.
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 Accent Microcell IPO is up to ₹74.48 Cr whereas the issue size of the Marinetrans IPO is up to ₹10.36 Cr. The final issue price of Accent Microcell IPO is ₹140.00 per share and of Marinetrans IPO is ₹26.00 per share.

	Accent Microcell IPO	Marinetrans IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹133.00 per share
Issue Price (Upper)	₹140.00 per share
Issue Price (Final)	₹140.00 per share	₹26.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1000 shares	4000 shares
Fresh Issue Size	53,20,000 shares	39,84,000 shares
Fresh Issue Size (Amount)	up to ₹74.48 Cr	up to ₹10.36 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	53,20,000 shares	39,84,000 shares
Issue Size Total (Amount)	up to ₹74.48 Cr	up to ₹10.36 Cr

IPO Timetable

Accent Microcell IPO opens on Dec 08, 2023, while Marinetrans IPO opens on Nov 30, 2023. The closing date of Accent Microcell IPO and Marinetrans IPO is Dec 12, 2023, and Dec 05, 2023, respectively.

	Accent Microcell IPO	Marinetrans IPO
Anchor Bid Date	Dec 07, 2023
Issue Open	Dec 08, 2023	Nov 30, 2023
Issue Close	Dec 12, 2023	Dec 05, 2023
Basis Of Allotment (Tentative)	Dec 13, 2023	Dec 06, 2023
Initiation of Refunds (Tentative)	Dec 14, 2023	Dec 07, 2023
Credit of Share (Tentative)	Dec 14, 2023	Dec 07, 2023
Listing date (Tentative)	Dec 15, 2023	Dec 08, 2023
Anchor Lockin End date 1	Jan 12, 2024
Anchor Lockin End date 2	Mar 12, 2024

Financials & KPIs

Accent Microcell IPO P/E ratio is 13.92, as compared to Marinetrans IPO P/E ratio of 14.53.

Accent Microcell IPO

Marinetrans IPO

Financials

Accent Microcell Limited Financial Information (Restated)

Accent Microcell Limited's revenue increased by 23.53% and profit after tax (PAT) rose by 120.77% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	12,214.89	11,409.69	9,461.04	8,070.45
Total Income	5,992.95	20,696.75	16,753.97	13,481.59
Profit After Tax	705.53	1,301.02	589.31	480.29
Net Worth	5,125.44	4,419.91	3,209.32	2,663.02
Reserves and Surplus	3,831.14	3,125.61	1,919.02	2,232.92
Total Borrowing	2,105.73	2,278.23	2,409.53	3,063.76
Amount in ₹ Lakhs

Marinetrans India Limited Financial Information (Restated Consolidated)

Marinetrans India Limited's revenue decreased by -26.03% and profit after tax (PAT) dropped by -17.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 May 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,615.36	2,618.58	2,305.89	2,204.06
Total Income	1,384.38	15,036.84	20,327.23	9,613.13
Profit After Tax	13.91	152.83	186.24	79.78
Net Worth	1,617.96	1,604.04	1,451.22	1,255.94
Reserves and Surplus
Total Borrowing	603.68	557.98	252.75	212.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

73.13

100.00

Promoter Shareholding (Post-Issue)

53.67

P/E Ratio

13.92

14.53

Market Cap

₹294.60 Cr.

₹33.09 Cr.

ROE

34.11%

10.00%

ROCE

26.46%

11.29%

Debt/Equity

0.52

0.35

EPS

₹10.06

₹1.79

RoNW

29.44%

9.53%

Shares Offered

In the Accent Microcell IPO Retail Individual Investors (RII) are offered 18,62,000 shares while in Marinetrans IPO retail investors are offered 18,62,000 shares. Qualified Institutional Buyers (QIB) are offered 10,64,000 shares in Accent Microcell IPO and in Marinetrans IPO.

	Accent Microcell IPO	Marinetrans IPO
Anchor Investor Reserveration	15,96,000 shares
Market Maker Reserveration	2,80,000 shares	2,16,000 shares
QIB	10,64,000 shares
NII	7,98,000 shares	19,92,000 shares
RII	18,62,000 shares	19,92,000 shares
Employee
Others
Total	53,20,000 shares	39,84,000 shares

Bids Received (Subscription)

Accent Microcell IPO subscribed 362.41x in total, whereas Marinetrans IPO subscribed 33.00x.

	Accent Microcell IPO	Marinetrans IPO
QIB (times)	118.48x
NII (times)	576.70x	18.05x
Big NII (times)
Small NII (times)
RII (times)	409.95x	47.24x
Employee (times)
Other (times)
Total (times)	362.41x	33.00x

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