Amanaya Ventures IPO vs MCON Rasayan IPO

Comparison between Amanaya Ventures IPO and MCON Rasayan IPO.

IPO Details

Amanaya Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while MCON Rasayan IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Amanaya Ventures IPO is up to ₹2.62 Cr whereas the issue size of the MCON Rasayan IPO is up to ₹6.48 Cr. The final issue price of Amanaya Ventures IPO is ₹23.00 per share and of MCON Rasayan IPO is ₹40.00 per share.

 Amanaya Ventures IPOMCON Rasayan IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹23.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares3000 shares
Fresh Issue Size11,40,000 shares16,20,000 shares
Fresh Issue Size (Amount)up to ₹2.62 Crup to ₹6.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,40,000 shares16,20,000 shares
Issue Size Total (Amount)up to ₹2.62 Crup to ₹6.48 Cr

IPO Timetable

Amanaya Ventures IPO opens on Feb 24, 2023, while MCON Rasayan IPO opens on Mar 06, 2023. The closing date of Amanaya Ventures IPO and MCON Rasayan IPO is Feb 28, 2023, and Mar 10, 2023, respectively.

Financials & KPIs

Amanaya Ventures IPO P/E ratio is 92, as compared to MCON Rasayan IPO P/E ratio of 14.71.

 Amanaya Ventures IPOMCON Rasayan IPO
Financials

Company Financials (Restated)

Period Ended31 Aug 202231 Mar 202231 Mar 202131 Mar 2020
Assets2.572.041.871.92
Total Income4.7313.256.204.46
Profit After Tax0.040.080.010.00
NET Worth2.501.971.861.85
Reserves and Surplus-0.04-0.410.890.88
Total Borrowing0.040.05
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets17.7814.468.327.76
Total Income13.0519.229.008.97
Profit After Tax0.860.440.190.04
NET Worth4.572.211.781.11
Reserves and Surplus2.690.710.280.10
Total Borrowing6.437.413.473.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)59.8091.45
Promoter Shareholding (Post-Issue)37.5066.64
P/E Ratio9214.71
Market Cap₹8.60 Cr.₹25.22 Cr.
ROE20.06
ROCE9.93
Debt/Equity0.033.35
EPS₹0.36₹2.96
RoNW0.1520.06

Shares Offered

In the Amanaya Ventures IPO Retail Individual Investors (RII) are offered 5,70,000 shares while in MCON Rasayan IPO retail investors are offered 5,70,000 shares. Qualified Institutional Buyers (QIB) are offered in Amanaya Ventures IPO and in MCON Rasayan IPO.

 Amanaya Ventures IPOMCON Rasayan IPO
Anchor Investor Reservation
Market Maker Reservation60,000 shares90,000 shares
QIB
NII5,70,000 shares8,10,000 shares
RII5,70,000 shares8,10,000 shares
Employee
Others
Total11,40,000 shares16,20,000 shares

Bids Received (Subscription)

Amanaya Ventures IPO subscribed 1.75x in total, whereas MCON Rasayan IPO subscribed 384.64x.

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