Concord Control Systems IPO vs Mafia Trends IPO

Comparison between Concord Control Systems IPO and Mafia Trends IPO.

IPO Details

Concord Control Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mafia Trends IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the Mafia Trends IPO is up to ₹3.40 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Mafia Trends IPO is ₹28.00 per share.

 Concord Control Systems IPOMafia Trends IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size14,34,000 shares12,16,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹3.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,34,000 shares12,16,000 shares
Issue Size Total (Amount)up to ₹7.89 Crup to ₹3.40 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while Mafia Trends IPO opens on Sep 22, 2022. The closing date of Concord Control Systems IPO and Mafia Trends IPO is Sep 29, 2022, and Sep 27, 2022, respectively.

 Concord Control Systems IPOMafia Trends IPO
Anchor Bid DateSep 26, 2022
Issue OpenSep 27, 2022Sep 22, 2022
Issue CloseSep 29, 2022Sep 27, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Sep 30, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 03, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 04, 2022
Listing date (Tentative)Oct 10, 2022Oct 06, 2022
Anchor Lockin End date 1Nov 03, 2022
Anchor Lockin End date 2Jan 02, 2023

Financials & KPIs

Concord Control Systems IPO P/E ratio is 12.14, as compared to Mafia Trends IPO P/E ratio of 15.21.

 Concord Control Systems IPOMafia Trends IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets14.6712.518.38
Total Income31.7417.6115.89
Profit After Tax2.591.431.05
NET Worth7.544.953.51
Reserves and Surplus7.344.753.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets10.638.0111.5410.31
Total Income7.154.0111.4812.82
Profit After Tax0.820.270.000.22
NET Worth3.422.302.032.02
Reserves and Surplus2.721.671.401.40
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10087.42
Promoter Shareholding (Post-Issue)73.53
P/E Ratio12.1415.21
Market Cap₹31.42 Cr.₹12.41 Cr.
ROE41.45
ROCE43.74
Debt/Equity0.42
EPS₹6.17₹13.09
RoNW34.3523.95

Shares Offered

In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in Mafia Trends IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in Mafia Trends IPO.

 Concord Control Systems IPOMafia Trends IPO
Anchor Investor Reservation4,28,000 shares
Market Maker Reservation78,000 shares68,000 shares
QIB2,88,000 shares
NII2,16,000 shares6,08,000 shares
RII5,02,000 shares6,08,000 shares
Employee
Others
Total14,34,000 shares12,16,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas Mafia Trends IPO subscribed 4.94x.

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