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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.

 Amanaya Ventures IPOMCON Rasayan IPO
LogoAmanaya Ventures IPO LogoMCON Rasayan IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFirst Overseas Capital Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarBeetal Financial & Computer Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Econo Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 Amanaya Ventures IPOMCON Rasayan IPO
Anchor Bid Date
Issue OpenFeb 24, 2023Mar 06, 2023
Issue CloseFeb 28, 2023Mar 10, 2023
Basis Of Allotment (Tentative)Mar 03, 2023Mar 15, 2023
Initiation of Refunds (Tentative)Mar 06, 2023Mar 16, 2023
Credit of Share (Tentative)Mar 08, 2023Mar 17, 2023
Listing date (Tentative)Mar 09, 2023Mar 20, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

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
Amanaya Ventures Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20191.52445.850.13184.9188.13
31-Mar-21187.05620.161.12186.0289.25
31-Mar-22203.621,325.167.63196.75-41.254.93
31-Aug-22256.79473.003.92249.96-3.944.15
Amount in ₹ Lakhs
MCON Rasayan India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20776.02896.953.61110.729.72321.61
31-Mar-21831.81899.7818.68178.4028.40346.58
31-Mar-221,446.311,922.3644.40221.2971.29740.85
30-Sep-221,777.531,304.6785.64456.93269.43642.63
Amount in ₹ Lakhs
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.
ROE
ROCE
Debt/Equity
EPS
RoNW

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 Reserveration
Market Maker Reserveration60,000 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.

 Amanaya Ventures IPOMCON Rasayan IPO
QIB (times)
NII (times)0.77x307.09x
Big NII (times)
Small NII (times)
RII (times)2.73x453.41x
Employee (times)
Other (times)
Total (times)1.75x384.64x