Associated Coaters IPO vs Magenta Lifecare IPO

Comparison between Associated Coaters IPO and Magenta Lifecare IPO.

IPO Details

Associated Coaters IPO is a SME Fixed Price IPO proposed to list at BSE SME while Magenta Lifecare IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Associated Coaters IPO is up to ₹4.31 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹6.64 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.

 Associated Coaters IPOMagenta Lifecare IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹121.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares4000 shares
Fresh Issue Size3,56,000 shares18,96,000 shares
Fresh Issue Size (Amount)up to ₹4.31 Crup to ₹6.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,56,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹4.31 Crup to ₹6.64 Cr

IPO Timetable

Associated Coaters IPO opens on May 30, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of Associated Coaters IPO and Magenta Lifecare IPO is Jun 03, 2024, and Jun 07, 2024, respectively.

Financials & KPIs

Associated Coaters IPO P/E ratio is 20.72, as compared to Magenta Lifecare IPO P/E ratio of 69.43.

 Associated Coaters IPOMagenta Lifecare IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3.652.962.020.03
Total Income3.973.591.39
Profit After Tax0.760.540.14-0.00
NET Worth1.410.700.160.02
Reserves and Surplus0.480.670.13-0.01
Total Borrowing0.100.100.100.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets15.0612.5114.1614.60
Total Income6.319.559.389.66
Profit After Tax0.240.250.190.19
NET Worth6.345.213.621.43
Reserves and Surplus1.473.672.200.21
Total Borrowing4.484.537.589.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0084.06
Promoter Shareholding (Post-Issue)68.7959.59
P/E Ratio20.7269.43
Market Cap₹16.36 Cr.₹24.04 Cr.
ROE71.66%5.62%
ROCE68.30%13.41%
Debt/Equity0.07
EPS₹5.84₹0.50
RoNW53.69%3.84%

Shares Offered

In the Associated Coaters IPO Retail Individual Investors (RII) are offered 1,78,000 shares while in Magenta Lifecare IPO retail investors are offered 1,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Associated Coaters IPO and in Magenta Lifecare IPO.

 Associated Coaters IPOMagenta Lifecare IPO
Anchor Investor Reservation
Market Maker Reservation66,000 shares1,04,000 shares
QIB
NII1,78,000 shares9,48,000 shares
RII1,78,000 shares9,48,000 shares
Employee
Others
Total3,56,000 shares18,96,000 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 371.14x in total, whereas Magenta Lifecare IPO subscribed 983.19x.

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Associated Coaters IPO Vs Magenta Lifecare IPO