Comparison between Danish Power IPO and Mangal Compusolution IPO.
IPO Details
Danish Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mangal Compusolution IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Danish Power IPO is up to ₹188.00 Cr whereas the issue size of the Mangal Compusolution IPO is up to ₹15.39 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Mangal Compusolution IPO is ₹45.00 per share.
IPO Timetable
Danish Power IPO opens on Oct 22, 2024, while Mangal Compusolution IPO opens on Nov 12, 2024. The closing date of Danish Power IPO and Mangal Compusolution IPO is Oct 24, 2024, and Nov 14, 2024, respectively.
| | Danish Power IPO | Mangal Compusolution IPO |
|---|
| Anchor Bid Date | Oct 21, 2024 | |
| Issue Open | Oct 22, 2024 | Nov 12, 2024 |
| Issue Close | Oct 24, 2024 | Nov 14, 2024 |
| Basis Of Allotment (Tentative) | Oct 25, 2024 | Nov 18, 2024 |
| Initiation of Refunds (Tentative) | Oct 28, 2024 | Nov 19, 2024 |
| Credit of Share (Tentative) | Oct 28, 2024 | Nov 19, 2024 |
| Listing date (Tentative) | Oct 29, 2024 | Nov 21, 2024 |
| Anchor Lockin End date 1 | Nov 24, 2024 | |
| Anchor Lockin End date 2 | Jan 23, 2025 | |
Financials & KPIs
Danish Power IPO P/E ratio is 14.46, as compared to Mangal Compusolution IPO P/E ratio of 11.66.
Shares Offered
In the Danish Power IPO Retail Individual Investors (RII) are offered 17,09,400 shares while in Mangal Compusolution IPO retail investors are offered 17,09,400 shares. Qualified Institutional Buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and in Mangal Compusolution IPO.
| | Danish Power IPO | Mangal Compusolution IPO |
|---|
| Anchor Investor Reservation | 14,64,000 shares | |
| Market Maker Reservation | 2,60,700 shares | 1,86,000 shares |
| QIB | 9,76,500 shares | |
| NII | 7,32,900 shares | 17,10,000 shares |
| RII | 17,09,400 shares | 17,10,000 shares |
| Employee | 64,500 shares | |
| Others | | |
| Total | 49,47,300 shares | 34,20,000 shares |
Bids Received (Subscription)
Danish Power IPO subscribed 89.17x in total, whereas Mangal Compusolution IPO subscribed 34.59x.
