Comparison between Goyal Salt IPO and Marco Cables IPO.
IPO Details
Goyal Salt IPO is a SME Fixed Price IPO proposed to list at NSE SME while Marco Cables IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Goyal Salt IPO is up to ₹17.69 Cr whereas the issue size of the Marco Cables IPO is up to ₹17.69 Cr. The final issue price of Goyal Salt IPO is ₹38.00 per share and of Marco Cables IPO is ₹36.00 per share.
| | Goyal Salt IPO | Marco Cables 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 | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 46,56,000 shares | 23,13,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.69 Cr | up to ₹8.33 Cr |
| OFS Issue Size | 0 shares | 26,01,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹9.36 Cr |
| Issue Size Total | 46,56,000 shares | 49,14,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹17.69 Cr |
IPO Timetable
Goyal Salt IPO opens on Sep 26, 2023, while Marco Cables IPO opens on Sep 21, 2023. The closing date of Goyal Salt IPO and Marco Cables IPO is Oct 03, 2023, and Sep 25, 2023, respectively.
| | Goyal Salt IPO | Marco Cables 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 28, 2023 |
| Initiation of Refunds (Tentative) | Oct 06, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Oct 09, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Sep 28, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | |
| Anchor Lockin End date 2 | Jan 03, 2024 | |
Financials & KPIs
Goyal Salt IPO P/E ratio is 13.97, as compared to Marco Cables IPO P/E ratio of 20.22.
Shares Offered
In the Goyal Salt IPO Retail Individual Investors (RII) are offered 16,38,000 shares while in Marco Cables 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 Marco Cables IPO.
| | Goyal Salt IPO | Marco Cables IPO |
|---|
| Anchor Investor Reservation | 13,17,000 shares | |
| Market Maker Reservation | 2,46,000 shares | 2,88,000 shares |
| QIB | 8,82,000 shares | |
| NII | 7,29,000 shares | 24,57,000 shares |
| RII | 16,38,000 shares | 24,57,000 shares |
| Employee | 90,000 shares | |
| Others | | |
| Total | 46,56,000 shares | 49,14,000 shares |
Bids Received (Subscription)
Goyal Salt IPO subscribed 294.61x in total, whereas Marco Cables IPO subscribed 30.90x.
