Comparison between Excellent Wires IPO and My Mudra IPO.
Excellent Wires IPO is a SME Bookbuilding IPO proposed to list at NSE SME while My Mudra IPO is a SME Bookbuilding proposed to list at NSE SME.
| Excellent Wires IPO | My Mudra IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Inventure Growth & Securities Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Excellent Wires IPO is up to ₹11.95 Cr whereas the issue size of the My Mudra IPO is up to ₹31.57 Cr. The final issue price of Excellent Wires IPO is ₹90.00 per share and of My Mudra IPO is ₹110.00 per share.
| Excellent Wires IPO | My Mudra IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹104.00 per share | |
| Issue Price (Upper) | ₹110.00 per share | |
| Issue Price (Final) | ₹90.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 13,28,000 shares | 28,70,400 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹31.57 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 13,28,000 shares | 28,70,400 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹31.57 Cr |
Excellent Wires IPO opens on Sep 11, 2024, while My Mudra IPO opens on Sep 05, 2024. The closing date of Excellent Wires IPO and My Mudra IPO is Sep 13, 2024, and Sep 09, 2024, respectively.
| Excellent Wires IPO | My Mudra IPO | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2024 | |
| Issue Open | Sep 11, 2024 | Sep 05, 2024 |
| Issue Close | Sep 13, 2024 | Sep 09, 2024 |
| Basis Of Allotment (Tentative) | Sep 16, 2024 | Sep 10, 2024 |
| Initiation of Refunds (Tentative) | Sep 17, 2024 | Sep 11, 2024 |
| Credit of Share (Tentative) | Sep 17, 2024 | Sep 11, 2024 |
| Listing date (Tentative) | Sep 19, 2024 | Sep 12, 2024 |
| Anchor Lockin End date 1 | Oct 10, 2024 | |
| Anchor Lockin End date 2 | Dec 09, 2024 |
Excellent Wires IPO P/E ratio is 33.3, as compared to My Mudra IPO P/E ratio of 11.02.
| Excellent Wires IPO | My Mudra 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.
| My Mudra Fincorp Limited Financial Information (Restated)My Mudra Fincorp Limited's revenue increased by 33% and profit after tax (PAT) rose by 141% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.90 | 78.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.12 | 57.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.3 | 11.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.23 Cr. | ₹125.31 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 66.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.70 | ₹9.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.90% | 49.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Excellent Wires IPO Retail Individual Investors (RII) are offered 6,64,000 shares while in My Mudra IPO retail investors are offered 6,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Excellent Wires IPO and 5,74,800 shares in My Mudra IPO.
| Excellent Wires IPO | My Mudra IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,59,200 shares | |
| Market Maker Reserveration | 72,000 shares | 1,53,600 shares |
| QIB | 5,74,800 shares | |
| NII | 6,64,000 shares | 4,30,800 shares |
| RII | 6,64,000 shares | 10,05,600 shares |
| Employee | ||
| Others | ||
| Total | 13,28,000 shares | 28,70,400 shares |
Excellent Wires IPO subscribed 20.37x in total, whereas My Mudra IPO subscribed 102.48x.
| Excellent Wires IPO | My Mudra IPO | |
|---|---|---|
| QIB (times) | 48.83x | |
| NII (times) | 8.75x | 159.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 32.00x | 108.77x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.37x | 102.48x |
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