Chetana Education IPO vs Macobs Technologies IPO

Comparison between Chetana Education IPO and Macobs Technologies IPO.

IPO Details

Chetana Education IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Macobs Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

	Chetana Education IPO	Macobs Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	SKI Capital Services Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	SKI Capital Services Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the Macobs Technologies IPO is up to ₹18.48 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Macobs Technologies IPO is ₹75.00 per share.

	Chetana Education IPO	Macobs Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹71.00 per share
Issue Price (Upper)	₹85.00 per share	₹75.00 per share
Issue Price (Final)	₹85.00 per share	₹75.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	51,26,400 shares	24,64,000 shares
Fresh Issue Size (Amount)	up to ₹43.57 Cr	up to ₹18.48 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	51,26,400 shares	24,64,000 shares
Issue Size Total (Amount)	up to ₹43.57 Cr	up to ₹18.48 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while Macobs Technologies IPO opens on Jul 16, 2024. The closing date of Chetana Education IPO and Macobs Technologies IPO is Jul 26, 2024, and Jul 19, 2024, respectively.

	Chetana Education IPO	Macobs Technologies IPO
Anchor Bid Date	Jul 23, 2024	Jul 15, 2024
Issue Open	Jul 24, 2024	Jul 16, 2024
Issue Close	Jul 26, 2024	Jul 19, 2024
Basis Of Allotment (Tentative)	Jul 29, 2024	Jul 22, 2024
Initiation of Refunds (Tentative)	Jul 30, 2024	Jul 23, 2024
Credit of Share (Tentative)	Jul 30, 2024	Jul 23, 2024
Listing date (Tentative)	Jul 31, 2024	Jul 24, 2024
Anchor Lockin End date 1	Aug 28, 2024	Aug 21, 2024
Anchor Lockin End date 2	Oct 27, 2024	Oct 20, 2024

Financials & KPIs

Chetana Education IPO P/E ratio is 10.59, as compared to Macobs Technologies IPO P/E ratio of 24.4.

Chetana Education IPO

Macobs Technologies IPO

Financials

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,475.09	8,315.08	7,605.82	6,825.10
Total Income	9,367.06	7,560.77	4,312.21	3,270.96
Profit After Tax	1,203.47	685.47	168.06	280.30
Net Worth	2,524.55	2,281.92	1,947.33	2,091.10
Reserves and Surplus	1,024.55
Total Borrowing	5,128.73	4,299.50	3,876.03	3,487.85
Amount in ₹ Lakhs

Macobs Technologies Limited Financial Information (Restated)

Macobs Technologies Limited's revenue increased by 39.91% and profit after tax (PAT) rose by 8.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,443.44	595.05	152.51
Total Income	2,074.67	1,482.81	602.30
Profit After Tax	221.27	204.50	38.89
Net Worth	720.00	1.00	1.00
Reserves and Surplus	262.77	243.50	39.00
Total Borrowing	250.14	107.35	20.84
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

73.53

P/E Ratio

10.59

24.4

Market Cap

₹173.40 Cr.

₹73.46 Cr.

ROE

50.08%

36.06%

ROCE

26.87%

30.53%

Debt/Equity

EPS

₹8.02

₹3.07

RoNW

47.67%

22.52%

Shares Offered

In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in Macobs Technologies IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 2,96,000 shares in Macobs Technologies IPO.

	Chetana Education IPO	Macobs Technologies IPO
Anchor Investor Reserveration	15,36,000 shares	4,43,200 shares
Market Maker Reserveration	2,73,600 shares	1,31,200 shares
QIB	10,25,600 shares	2,96,000 shares
NII	7,69,600 shares	8,62,400 shares
RII	17,95,200 shares	8,62,400 shares
Employee
Others
Total	51,26,400 shares	24,64,000 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas Macobs Technologies IPO subscribed 202.32x.

	Chetana Education IPO	Macobs Technologies IPO
QIB (times)	101.22x	88.92x
NII (times)	468.42x	266.70x
Big NII (times)
Small NII (times)
RII (times)	135.11x	176.87x
Employee (times)
Other (times)
Total (times)	196.87x	202.32x

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Chetana Education IPO	Macobs Technologies IPO
Trom Industries IPO	Chetana Education IPO
Esprit Stones IPO	Clinitech Laboratory IPO
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RNFI Services IPO	Three M Paper Boards IPO
Macobs Technologies IPO	Prizor Viztech IPO