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Excellent Wires IPO vs Mach Conferences IPO

Comparison between Excellent Wires IPO and Mach Conferences IPO.

IPO Details

Excellent Wires IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Mach Conferences IPO is a SME Bookbuilding proposed to list at BSE SME.

 Excellent Wires IPOMach Conferences IPO
LogoExcellent Wires IPO LogoMach Conferences IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerInventure Growth & Securities Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Excellent Wires IPO is up to ₹11.95 Cr whereas the issue size of the Mach Conferences IPO is up to ₹118.53 Cr. The final issue price of Excellent Wires IPO is ₹90.00 per share and of Mach Conferences IPO is ₹225.00 per share.

 Excellent Wires IPOMach Conferences IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹214.00 per share
Issue Price (Upper)₹225.00 per share
Issue Price (Final)₹90.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size13,28,000 shares19,29,000 shares
Fresh Issue Size (Amount)up to ₹11.95 Crup to ₹43.40 Cr
OFS Issue Size0 shares33,39,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹75.13 Cr
Issue Size Total13,28,000 shares52,68,000 shares
Issue Size Total (Amount)up to ₹11.95 Crup to ₹118.53 Cr

IPO Timetable

Excellent Wires IPO opens on Sep 11, 2024, while Mach Conferences IPO opens on Sep 04, 2024. The closing date of Excellent Wires IPO and Mach Conferences IPO is Sep 13, 2024, and Sep 06, 2024, respectively.

 Excellent Wires IPOMach Conferences IPO
Anchor Bid DateSep 03, 2024
Issue OpenSep 11, 2024Sep 04, 2024
Issue CloseSep 13, 2024Sep 06, 2024
Basis Of Allotment (Tentative)Sep 16, 2024Sep 09, 2024
Initiation of Refunds (Tentative)Sep 17, 2024Sep 10, 2024
Credit of Share (Tentative)Sep 17, 2024Sep 10, 2024
Listing date (Tentative)Sep 19, 2024Sep 11, 2024
Anchor Lockin End date 1Oct 09, 2024
Anchor Lockin End date 2Dec 08, 2024

Financials & KPIs

Excellent Wires IPO P/E ratio is 33.3, as compared to Mach Conferences IPO P/E ratio of 16.16.

 Excellent Wires IPOMach Conferences IPO
Financials

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets705.08324.69242.63
Total Income1,540.821,448.46728.85
Profit After Tax82.9810.434.73
Net Worth397.0917.116.68
Reserves and Surplus362.0915.114.68
Amount in ₹ Lakhs

Mach Conferences and Events Limited Financial Information (Restated Standalone)

Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets10,133.755,772.644,049.21
Total Income23,898.5814,193.892,383.88
Profit After Tax2,618.29880.76-260.63
Net Worth4,956.722,238.471,357.71
Reserves and Surplus3,075.912,233.471,352.71
Total Borrowing1,233.08988.53509.69
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)91.9095.97
Promoter Shareholding (Post-Issue)63.1269.92
P/E Ratio33.316.16
Market Cap₹40.23 Cr.₹473.33 Cr.
ROE72.78%
ROCE57.57%
Debt/Equity
EPS₹2.70₹13.92
RoNW20.90%52.82%

Shares Offered

In the Excellent Wires IPO Retail Individual Investors (RII) are offered 6,64,000 shares while in Mach Conferences IPO retail investors are offered 6,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Excellent Wires IPO and 10,53,600 shares in Mach Conferences IPO.

 Excellent Wires IPOMach Conferences IPO
Anchor Investor Reserveration15,78,000 shares
Market Maker Reserveration72,000 shares3,00,000 shares
QIB10,53,600 shares
NII6,64,000 shares7,91,400 shares
RII6,64,000 shares18,45,000 shares
Employee
Others
Total13,28,000 shares52,68,000 shares

Bids Received (Subscription)

Excellent Wires IPO subscribed 20.37x in total, whereas Mach Conferences IPO subscribed 196.70x.

 Excellent Wires IPOMach Conferences IPO
QIB (times)146.66x
NII (times)8.75x403.69x
Big NII (times)
Small NII (times)
RII (times)32.00x136.49x
Employee (times)
Other (times)
Total (times)20.37x196.70x