Comparison between Hi-Green Carbon IPO and Mangalam Alloys IPO.
Hi-Green Carbon 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.
| Hi-Green Carbon 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 | Beeline Capital Advisors Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Hi-Green Carbon IPO is up to ₹49.64 Cr whereas the issue size of the Mangalam Alloys IPO is up to ₹52.16 Cr. The final issue price of Hi-Green Carbon IPO is ₹75.00 per share and of Mangalam Alloys IPO is ₹80.00 per share.
| Hi-Green Carbon IPO | Mangalam Alloys IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 55,69,200 shares | 57,82,400 shares |
| Fresh Issue Size (Amount) | up to ₹41.77 Cr | up to ₹46.26 Cr |
| OFS Issue Size | 10,50,000 shares | 7,37,600 shares |
| OFS Issue Size (Amount) | up to ₹7.88 Cr | up to ₹5.90 Cr |
| Issue Size Total | 66,19,200 shares | 65,20,000 shares |
| Issue Size Total (Amount) | up to ₹49.64 Cr | up to ₹52.16 Cr |
Hi-Green Carbon IPO opens on Sep 21, 2023, while Mangalam Alloys IPO opens on Sep 21, 2023. The closing date of Hi-Green Carbon IPO and Mangalam Alloys IPO is Sep 25, 2023, and Sep 25, 2023, respectively.
| Hi-Green Carbon IPO | Mangalam Alloys IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2023 | |
| Issue Open | Sep 21, 2023 | Sep 21, 2023 |
| Issue Close | Sep 25, 2023 | Sep 25, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Sep 02, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Oct 02, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | |
| Anchor Lockin End date 2 | Dec 27, 2023 |
Hi-Green Carbon IPO P/E ratio is 13.13, as compared to Mangalam Alloys IPO P/E ratio of 14.65.
| Hi-Green Carbon IPO | Mangalam Alloys IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 81.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.83 | 59.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.13 | 14.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹187.43 Cr. | ₹197.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 63.19% | 12.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 64.70% | 20.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.60 | 1.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.71 | ₹5.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 48.02% | 13.70% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Hi-Green Carbon IPO Retail Individual Investors (RII) are offered 23,16,800 shares while in Mangalam Alloys IPO retail investors are offered 23,16,800 shares. Qualified Institutional Buyers (QIB) are offered 13,23,200 shares in Hi-Green Carbon IPO and in Mangalam Alloys IPO.
| Hi-Green Carbon IPO | Mangalam Alloys IPO | |
|---|---|---|
| Anchor Investor Reservation | 19,84,000 shares | |
| Market Maker Reservation | 4,20,800 shares | 3,44,000 shares |
| QIB | 13,23,200 shares | |
| NII | 9,95,200 shares | 32,59,200 shares |
| RII | 23,16,800 shares | 32,60,800 shares |
| Employee | ||
| Others | ||
| Total | 66,19,200 shares | 65,20,000 shares |
Hi-Green Carbon IPO subscribed 168.92x in total, whereas Mangalam Alloys IPO subscribed 5.57x.
| Hi-Green Carbon IPO | Mangalam Alloys IPO | |
|---|---|---|
| QIB (times) | 69.95x | |
| NII (times) | 236.76x | 2.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 196.35x | 8.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 168.92x | 5.57x |
