Goblin India IPO vs Mangalam Global Enterprise IPO

Comparison between Goblin India IPO and Mangalam Global Enterprise IPO.

IPO Details

Goblin India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mangalam Global Enterprise IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Goblin India IPO is up to ₹14.44 Cr whereas the issue size of the Mangalam Global Enterprise IPO is up to ₹20.49 Cr. The final issue price of Goblin India IPO is ₹52.00 per share and of Mangalam Global Enterprise IPO is ₹51.00 per share.

 Goblin India IPOMangalam Global Enterprise IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹52.00 per share
Issue Price (Final)₹52.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size27,76,000 shares40,18,000 shares
Fresh Issue Size (Amount)up to ₹14.44 Crup to ₹20.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,76,000 shares40,18,000 shares
Issue Size Total (Amount)up to ₹14.44 Crup to ₹20.49 Cr

IPO Timetable

Goblin India IPO opens on Sep 30, 2019, while Mangalam Global Enterprise IPO opens on Nov 15, 2019. The closing date of Goblin India IPO and Mangalam Global Enterprise IPO is Oct 04, 2019, and Nov 20, 2019, respectively.

 Goblin India IPOMangalam Global Enterprise IPO
Issue OpenSep 30, 2019Nov 15, 2019
Issue CloseOct 04, 2019Nov 20, 2019
Basis Of Allotment (Tentative)Oct 10, 2019Nov 25, 2019
Initiation of Refunds (Tentative)Oct 14, 2019Nov 26, 2019
Credit of Share (Tentative)Oct 14, 2019Nov 27, 2019
Listing date (Tentative)Oct 15, 2019Nov 27, 2019

Financials & KPIs

Goblin India IPO P/E ratio is , as compared to Mangalam Global Enterprise IPO P/E ratio of .

 Goblin India IPOMangalam Global Enterprise IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets36.8033.2822.83
Total Income68.4960.9452.44
Profit After Tax3.453.090.63
EBITDA7.005.732.60
NET Worth7.984.382.02
Reserves and Surplus7.303.701.34
Total Borrowing23.1518.8316.86
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201931 Mar 201931 Mar 201831 Mar 2017
Assets90.9647.159.356.98
Total Income145.93330.0426.902.69
Profit After Tax1.052.170.260.09
EBITDA2.525.840.420.17
NET Worth33.4832.435.350.09
Reserves and Surplus31.1630.104.800.04
Total Borrowing53.0711.162.396.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)73.38%96.38%
Promoter Shareholding (Post-Issue)52.83%70.99%
Market Cap₹54.31 Cr.₹81.89 Cr.

Shares Offered

In the Goblin India IPO Retail Individual Investors (RII) are offered 13,88,000 shares while in Mangalam Global Enterprise IPO retail investors are offered 13,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Goblin India IPO and in Mangalam Global Enterprise IPO.

 Goblin India IPOMangalam Global Enterprise IPO
Market Maker Reservation1,48,000 shares2,12,000 shares
NII13,88,000 shares20,08,000 shares
RII13,88,000 shares20,10,000 shares
Total27,76,000 shares40,18,000 shares

Bids Received (Subscription)

Goblin India IPO subscribed 1.37x in total, whereas Mangalam Global Enterprise IPO subscribed 1.28x.

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Goblin India IPO Vs Mangalam Global Enterprise IPO