Comparison between Goyal Salt IPO and Mangalam Alloys IPO.
Goyal Salt IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mangalam Alloys IPO is a SME Fixed Price proposed to list at NSE SME.
| Goyal Salt IPO | Mangalam Alloys IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | Rikhav Securities 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 Goyal Salt IPO is up to ₹17.69 Cr whereas the issue size of the Mangalam Alloys IPO is up to ₹52.16 Cr. The final issue price of Goyal Salt IPO is ₹38.00 per share and of Mangalam Alloys IPO is ₹80.00 per share.
| Goyal Salt IPO | Mangalam Alloys IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹38.00 per share | |
| Issue Price (Final) | ₹38.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 46,56,000 shares | 57,82,400 shares |
| Fresh Issue Size (Amount) | up to ₹17.69 Cr | up to ₹46.26 Cr |
| OFS Issue Size | 0 shares | 7,37,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹5.90 Cr |
| Issue Size Total | 46,56,000 shares | 65,20,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹52.16 Cr |
Goyal Salt IPO opens on Sep 26, 2023, while Mangalam Alloys IPO opens on Sep 21, 2023. The closing date of Goyal Salt IPO and Mangalam Alloys IPO is Oct 03, 2023, and Sep 25, 2023, respectively.
| Goyal Salt IPO | Mangalam Alloys IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2023 | |
| Issue Open | Sep 26, 2023 | Sep 21, 2023 |
| Issue Close | Oct 03, 2023 | Sep 25, 2023 |
| Basis Of Allotment (Tentative) | Oct 05, 2023 | Sep 02, 2023 |
| Initiation of Refunds (Tentative) | Oct 06, 2023 | Oct 02, 2023 |
| Credit of Share (Tentative) | Oct 09, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | |
| Anchor Lockin End date 2 | Jan 03, 2024 |
Goyal Salt IPO P/E ratio is 13.97, as compared to Mangalam Alloys IPO P/E ratio of 14.65.
| Goyal Salt IPO | Mangalam Alloys IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 81.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.97 | 14.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹68.02 Cr. | ₹197.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.38% | 12.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.22% | 20.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.57 | 1.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.72 | ₹5.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.86% | 13.70% |
In the Goyal Salt IPO Retail Individual Investors (RII) are offered 16,38,000 shares while in Mangalam Alloys IPO retail investors are offered 16,38,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Goyal Salt IPO and in Mangalam Alloys IPO.
| Goyal Salt IPO | Mangalam Alloys IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,17,000 shares | |
| Market Maker Reserveration | 2,46,000 shares | 3,44,000 shares |
| QIB | 8,82,000 shares | |
| NII | 7,29,000 shares | 32,59,200 shares |
| RII | 16,38,000 shares | 32,60,800 shares |
| Employee | 90,000 shares | |
| Others | ||
| Total | 46,56,000 shares | 65,20,000 shares |
Goyal Salt IPO subscribed 294.61x in total, whereas Mangalam Alloys IPO subscribed 5.57x.
| Goyal Salt IPO | Mangalam Alloys IPO | |
|---|---|---|
| QIB (times) | 67.20x | |
| NII (times) | 382.45x | 2.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 377.97x | 8.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 294.61x | 5.57x |
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