Comparison between GP Eco Solutions IPO and Magenta Lifecare IPO.
GP Eco Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Magenta Lifecare IPO is a SME Fixed Price proposed to list at BSE SME.
| GP Eco Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Sunflower Broking 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 GP Eco Solutions IPO is up to ₹27.71 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹6.64 Cr. The final issue price of GP Eco Solutions IPO is ₹94.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.
| GP Eco Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹94.00 per share | |
| Issue Price (Final) | ₹94.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 4000 shares |
| Fresh Issue Size | 29,48,400 shares | 18,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹27.71 Cr | up to ₹6.64 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 | 29,48,400 shares | 18,96,000 shares |
| Issue Size Total (Amount) | up to ₹27.71 Cr | up to ₹6.64 Cr |
GP Eco Solutions IPO opens on Jun 14, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of GP Eco Solutions IPO and Magenta Lifecare IPO is Jun 19, 2024, and Jun 07, 2024, respectively.
| GP Eco Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Anchor Bid Date | Jun 13, 2024 | |
| Issue Open | Jun 14, 2024 | Jun 05, 2024 |
| Issue Close | Jun 19, 2024 | Jun 07, 2024 |
| Basis Of Allotment (Tentative) | Jun 20, 2024 | Jun 10, 2024 |
| Initiation of Refunds (Tentative) | Jun 21, 2024 | Jun 11, 2024 |
| Credit of Share (Tentative) | Jun 21, 2024 | Jun 11, 2024 |
| Listing date (Tentative) | Jun 24, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 1 | Jul 20, 2024 | |
| Anchor Lockin End date 2 | Sep 18, 2024 |
GP Eco Solutions IPO P/E ratio is 21.44, as compared to Magenta Lifecare IPO P/E ratio of 69.43.
| GP Eco Solutions IPO | Magenta Lifecare IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GP Eco Solutions India Limited Financial Information (Restated)GP Eco Solutions India Limited's revenue increased by 25.08% and profit after tax (PAT) rose by 33.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Magenta Lifecare Limited Financial Information (Restated)Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 86.4 | 84.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.23 | 59.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.44 | 69.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹110.08 Cr. | ₹24.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.59% | 5.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.51% | 13.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.38 | ₹0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.70% | 3.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GP Eco Solutions IPO Retail Individual Investors (RII) are offered 10,32,000 shares while in Magenta Lifecare IPO retail investors are offered 10,32,000 shares. Qualified Institutional Buyers (QIB) are offered 5,89,200 shares in GP Eco Solutions IPO and in Magenta Lifecare IPO.
| GP Eco Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,83,200 shares | |
| Market Maker Reserveration | 3,27,600 shares | 1,04,000 shares |
| QIB | 5,89,200 shares | |
| NII | 4,44,000 shares | 9,48,000 shares |
| RII | 10,32,000 shares | 9,48,000 shares |
| Employee | ||
| Others | ||
| Total | 29,48,400 shares | 18,96,000 shares |
GP Eco Solutions IPO subscribed 856.21x in total, whereas Magenta Lifecare IPO subscribed 983.19x.
| GP Eco Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| QIB (times) | 236.64x | |
| NII (times) | 1,824.87x | 1,145.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 793.20x | 778.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 856.21x | 983.19x |
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