Clinitech Laboratory IPO vs Manglam Infra IPO

Comparison between Clinitech Laboratory IPO and Manglam Infra IPO.

IPO Details

Clinitech Laboratory IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Manglam Infra IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Clinitech Laboratory IPO is up to ₹5.48 Cr whereas the issue size of the Manglam Infra IPO is up to ₹24.70 Cr. The final issue price of Clinitech Laboratory IPO is ₹96.00 per share and of Manglam Infra IPO is ₹56.00 per share.

 Clinitech Laboratory IPOManglam Infra IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹56.00 per share
Issue Price (Final)₹96.00 per share₹56.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size5,71,200 shares44,10,000 shares
Fresh Issue Size (Amount)up to ₹5.48 Crup to ₹24.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,71,200 shares44,10,000 shares
Issue Size Total (Amount)up to ₹5.48 Crup to ₹24.70 Cr

IPO Timetable

Clinitech Laboratory IPO opens on Jul 25, 2024, while Manglam Infra IPO opens on Jul 24, 2024. The closing date of Clinitech Laboratory IPO and Manglam Infra IPO is Jul 29, 2024, and Jul 26, 2024, respectively.

 Clinitech Laboratory IPOManglam Infra IPO
Anchor Bid DateJul 23, 2024
Issue OpenJul 25, 2024Jul 24, 2024
Issue CloseJul 29, 2024Jul 26, 2024
Basis Of Allotment (Tentative)Jul 30, 2024Jul 29, 2024
Initiation of Refunds (Tentative)Jul 31, 2024Jul 30, 2024
Credit of Share (Tentative)Jul 31, 2024Jul 30, 2024
Listing date (Tentative)Aug 01, 2024Jul 31, 2024
Anchor Lockin End date 1Aug 28, 2024
Anchor Lockin End date 2Oct 27, 2024

Financials & KPIs

Clinitech Laboratory IPO P/E ratio is 43.45, as compared to Manglam Infra IPO P/E ratio of 10.49.

 Clinitech Laboratory IPOManglam Infra IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets5.616.033.692.73
Total Income6.446.366.464.60
Profit After Tax0.370.610.510.40
NET Worth3.552.381.851.39
Reserves and Surplus1.870.880.350.72
Total Borrowing0.861.030.890.54
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets33.1821.0416.73
Total Income40.5134.7826.78
Profit After Tax6.765.543.33
NET Worth17.1010.267.79
Reserves and Surplus4.44
Total Borrowing4.472.261.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.65100
Promoter Shareholding (Post-Issue)61.5771.97
P/E Ratio43.4510.49
Market Cap₹21.91 Cr.₹98.54 Cr.
ROE49.44%
ROCE44.95%
Debt/Equity0.240.26
EPS₹2.21₹5.34
RoNW10.46%49.44%

Shares Offered

In the Clinitech Laboratory IPO Retail Individual Investors (RII) are offered 2,85,600 shares while in Manglam Infra IPO retail investors are offered 2,85,600 shares. Qualified Institutional Buyers (QIB) are offered in Clinitech Laboratory IPO and 8,82,000 shares in Manglam Infra IPO.

 Clinitech Laboratory IPOManglam Infra IPO
Anchor Investor Reservation13,22,000 shares
Market Maker Reservation31,200 shares5,22,000 shares
QIB8,82,000 shares
NII2,85,600 shares6,62,000 shares
RII2,85,600 shares15,44,000 shares
Employee
Others
Total5,71,200 shares44,10,000 shares

Bids Received (Subscription)

Clinitech Laboratory IPO subscribed 38.96x in total, whereas Manglam Infra IPO subscribed 394.42x.

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Clinitech Laboratory IPO Vs Manglam Infra IPO