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Euphoria Infotech IPO vs Shree Marutinandan Tubes IPO

Comparison between Euphoria Infotech IPO and Shree Marutinandan Tubes IPO.

IPO Details

Euphoria Infotech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price proposed to list at BSE SME.

 Euphoria Infotech IPOShree Marutinandan Tubes IPO
LogoEuphoria Infotech IPO LogoShree Marutinandan Tubes IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersKhandwala Securities Ltd.Swastika Investmart Ltd.
RegistrarMAS Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Swastika Investmart Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Euphoria Infotech IPO is up to ₹9.12 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of Euphoria Infotech IPO is ₹100.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

 Euphoria Infotech IPOShree Marutinandan Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹96.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹143.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size9,12,000 shares9,50,000 shares
Fresh Issue Size (Amount)up to ₹9.12 Crup to ₹13.59 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total9,12,000 shares9,50,000 shares
Issue Size Total (Amount)up to ₹9.12 Crup to ₹13.59 Cr

IPO Timetable

Euphoria Infotech IPO opens on Jan 19, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Euphoria Infotech IPO and Shree Marutinandan Tubes IPO is Jan 24, 2024, and Jan 16, 2024, respectively.

 Euphoria Infotech IPOShree Marutinandan Tubes IPO
Anchor Bid Date
Issue OpenJan 19, 2024Jan 12, 2024
Issue CloseJan 24, 2024Jan 16, 2024
Basis Of Allotment (Tentative)Jan 25, 2024Jan 17, 2024
Initiation of Refunds (Tentative)Jan 29, 2024Jan 18, 2024
Credit of Share (Tentative)Jan 29, 2024Jan 18, 2024
Listing date (Tentative)Jan 30, 2024Jan 19, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Euphoria Infotech IPO P/E ratio is 14.97, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

 Euphoria Infotech IPOShree Marutinandan Tubes IPO
Financials

Euphoria Infotech India Limited Financial Information (Restated Consolidated)

Euphoria Infotech India Limited's revenue increased by 49.34% and profit after tax (PAT) rose by 551.71% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets966.21832.64626.71709.59
Total Income365.61737.56493.87556.14
Profit After Tax60.49129.6919.9026.17
Net Worth470.64410.15280.46260.56
Reserves and Surplus276.45215.96279.17259.27
Total Borrowing213.22155.09123.06119.69
Amount in ₹ Lakhs

Shree Marutinandan Tubes Limited Financial Information (Restated)

Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,234.291,617.601,284.831,301.03
Total Income4,284.644,722.584,718.493,597.28
Profit After Tax141.99201.766.0113.30
Net Worth409.70267.7465.9859.98
Reserves and Surplus163.73247.2445.4839.48
Total Borrowing607.28716.90688.89795.31
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0082.00
Promoter Shareholding (Post-Issue)58.30
P/E Ratio14.9717.44
Market Cap₹29.02 Cr.₹49.48 Cr.
ROE38%120.91%
ROCE49%78.52%
Debt/Equity0.382.68
EPS₹6.68₹8.20
RoNW31.62%75.36%

Shares Offered

In the Euphoria Infotech IPO Retail Individual Investors (RII) are offered 6,19,200 shares while in Shree Marutinandan Tubes IPO retail investors are offered 6,19,200 shares. Qualified Institutional Buyers (QIB) are offered 27,600 shares in Euphoria Infotech IPO and in Shree Marutinandan Tubes IPO.

 Euphoria Infotech IPOShree Marutinandan Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration48,000 shares50,000 shares
QIB27,600 shares
NII2,65,200 shares4,75,000 shares
RII6,19,200 shares4,75,000 shares
Employee
Others
Total9,12,000 shares9,50,000 shares

Bids Received (Subscription)

Euphoria Infotech IPO subscribed 383.86x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

 Euphoria Infotech IPOShree Marutinandan Tubes IPO
QIB (times)413.26x
NII (times)280.88x32.67x
Big NII (times)
Small NII (times)
RII (times)426.65x59.71x
Employee (times)
Other (times)
Total (times)383.86x47.16x