Comparison between Chetana Education IPO and Manglam Infra IPO.
Chetana Education IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Manglam Infra IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chetana Education IPO | Manglam Infra 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. | Unistone Capital Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the Manglam Infra IPO is up to ₹24.70 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Manglam Infra IPO is ₹56.00 per share.
| Chetana Education IPO | Manglam Infra IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹53.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹56.00 per share |
| Issue Price (Final) | ₹85.00 per share | ₹56.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 51,26,400 shares | 44,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹43.57 Cr | up to ₹24.70 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 | 44,10,000 shares |
| Issue Size Total (Amount) | up to ₹43.57 Cr | up to ₹24.70 Cr |
Chetana Education IPO opens on Jul 24, 2024, while Manglam Infra IPO opens on Jul 24, 2024. The closing date of Chetana Education IPO and Manglam Infra IPO is Jul 26, 2024, and Jul 26, 2024, respectively.
| Chetana Education IPO | Manglam Infra IPO | |
|---|---|---|
| Anchor Bid Date | Jul 23, 2024 | Jul 23, 2024 |
| Issue Open | Jul 24, 2024 | Jul 24, 2024 |
| Issue Close | Jul 26, 2024 | Jul 26, 2024 |
| Basis Of Allotment (Tentative) | Jul 29, 2024 | Jul 29, 2024 |
| Initiation of Refunds (Tentative) | Jul 30, 2024 | Jul 30, 2024 |
| Credit of Share (Tentative) | Jul 30, 2024 | Jul 30, 2024 |
| Listing date (Tentative) | Jul 31, 2024 | Jul 31, 2024 |
| Anchor Lockin End date 1 | Aug 28, 2024 | Aug 28, 2024 |
| Anchor Lockin End date 2 | Oct 27, 2024 | Oct 27, 2024 |
Chetana Education IPO P/E ratio is 10.59, as compared to Manglam Infra IPO P/E ratio of 10.49.
| Chetana Education IPO | Manglam Infra IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 71.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.59 | 10.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹173.40 Cr. | ₹98.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 50.08% | 49.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.87% | 44.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.02 | ₹5.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.67% | 49.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in Manglam Infra IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 8,82,000 shares in Manglam Infra IPO.
| Chetana Education IPO | Manglam Infra IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,36,000 shares | 13,22,000 shares |
| Market Maker Reservation | 2,73,600 shares | 5,22,000 shares |
| QIB | 10,25,600 shares | 8,82,000 shares |
| NII | 7,69,600 shares | 6,62,000 shares |
| RII | 17,95,200 shares | 15,44,000 shares |
| Employee | ||
| Others | ||
| Total | 51,26,400 shares | 44,10,000 shares |
Chetana Education IPO subscribed 196.87x in total, whereas Manglam Infra IPO subscribed 394.42x.
| Chetana Education IPO | Manglam Infra IPO | |
|---|---|---|
| QIB (times) | 101.22x | 163.04x |
| NII (times) | 468.42x | 756.73x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 135.11x | 371.72x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 196.87x | 394.42x |
