Baba Food Processing IPO vs Micropro Software Solutions IPO

Comparison between Baba Food Processing IPO and Micropro Software Solutions IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Micropro Software Solutions IPO is a SME Fixed Price proposed to list at NSE SME.

	Baba Food Processing IPO	Micropro Software Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Pvt.Ltd.	Swaraj shares & securities Pvt.Ltd.
Registrar	MAS Services Ltd.	Purva Sharegistry (India) Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Nikunj Stock Brokers Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Baba Food Processing IPO is up to ₹31.23 Cr whereas the issue size of the Micropro Software Solutions IPO is up to ₹29.16 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Micropro Software Solutions IPO is ₹81.00 per share.

	Baba Food Processing IPO	Micropro Software Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹72.00 per share
Issue Price (Upper)	₹76.00 per share
Issue Price (Final)	₹76.00 per share	₹81.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	41,08,800 shares	36,00,000 shares
Fresh Issue Size (Amount)	up to ₹31.23 Cr	up to ₹29.16 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	41,08,800 shares	36,00,000 shares
Issue Size Total (Amount)	up to ₹31.23 Cr	up to ₹29.16 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Micropro Software Solutions IPO opens on Nov 03, 2023. The closing date of Baba Food Processing IPO and Micropro Software Solutions IPO is Nov 07, 2023, and Nov 07, 2023, respectively.

	Baba Food Processing IPO	Micropro Software Solutions IPO
Anchor Bid Date
Issue Open	Nov 03, 2023	Nov 03, 2023
Issue Close	Nov 07, 2023	Nov 07, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 09, 2023
Initiation of Refunds (Tentative)	Nov 13, 2023	Nov 10, 2023
Credit of Share (Tentative)	Nov 15, 2023	Nov 10, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 10, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Baba Food Processing IPO P/E ratio is , as compared to Micropro Software Solutions IPO P/E ratio of 0.34.

Baba Food Processing IPO

Micropro Software Solutions IPO

Financials

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% 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	6,980.33	6,811.54	5,467.80	4,583.95
Total Income	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

Micropro Software Solutions Limited Financial Information (Restated)

Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% 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	2,411.30	2,559.57	2,048.58	1,547.57
Total Income	275.95	2,217.20	1,755.17	1,392.48
Profit After Tax	47.65	592.23	267.14	129.51
Net Worth		1,648.21	1,055.98	788.84
Reserves and Surplus	1,670.86	1,623.21	1,030.98	763.84
Total Borrowing	338.03	397.97	592.05	437.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

63.40

Promoter Shareholding (Post-Issue)

46.59

P/E Ratio

0.34

Market Cap

₹124.20 Cr.

₹116.48 Cr.

ROE

20.14%

44%

ROCE

15.81%

41%

Debt/Equity

0.13

EPS

₹4.20

₹5.78

RoNW

20.14%

35.93%

Shares Offered

In the Baba Food Processing IPO Retail Individual Investors (RII) are offered 28,35,200 shares while in Micropro Software Solutions IPO retail investors are offered 28,35,200 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and in Micropro Software Solutions IPO.

	Baba Food Processing IPO	Micropro Software Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,17,600 shares	1,90,400 shares
QIB	80,000 shares
NII	11,93,600 shares	18,00,000 shares
RII	28,35,200 shares	18,00,000 shares
Employee
Others
Total	41,08,800 shares	36,00,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Micropro Software Solutions IPO subscribed 36.88x.

	Baba Food Processing IPO	Micropro Software Solutions IPO
QIB (times)	147.02x
NII (times)	84.73x	22.60x
Big NII (times)
Small NII (times)
RII (times)	60.82x	49.08x
Employee (times)
Other (times)
Total (times)	69.44x	36.88x

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