Comparison between Hi-Green Carbon IPO and Marco Cables IPO.
IPO Details
Hi-Green Carbon 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 Hi-Green Carbon IPO is up to ₹49.64 Cr whereas the issue size of the Marco Cables IPO is up to ₹17.69 Cr. The final issue price of Hi-Green Carbon IPO is ₹75.00 per share and of Marco Cables IPO is ₹36.00 per share.
| | Hi-Green Carbon IPO | Marco Cables 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 | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 55,69,200 shares | 23,13,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.77 Cr | up to ₹8.33 Cr |
| OFS Issue Size | 10,50,000 shares | 26,01,000 shares |
| OFS Issue Size (Amount) | up to ₹7.88 Cr | up to ₹9.36 Cr |
| Issue Size Total | 66,19,200 shares | 49,14,000 shares |
| Issue Size Total (Amount) | up to ₹49.64 Cr | up to ₹17.69 Cr |
IPO Timetable
Hi-Green Carbon IPO opens on Sep 21, 2023, while Marco Cables IPO opens on Sep 21, 2023. The closing date of Hi-Green Carbon IPO and Marco Cables IPO is Sep 25, 2023, and Sep 25, 2023, respectively.
| | Hi-Green Carbon IPO | Marco Cables 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 28, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Sep 28, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | |
| Anchor Lockin End date 2 | Dec 27, 2023 | |
Financials & KPIs
Hi-Green Carbon IPO P/E ratio is 13.13, as compared to Marco Cables IPO P/E ratio of 20.22.
Shares Offered
In the Hi-Green Carbon IPO Retail Individual Investors (RII) are offered 23,16,800 shares while in Marco Cables 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 0 shares in Marco Cables IPO.
| | Hi-Green Carbon IPO | Marco Cables IPO |
|---|
| Anchor Investor Reservation | 19,84,000 shares | 0 shares |
| Market Maker Reservation | 4,20,800 shares | 2,88,000 shares |
| QIB | 13,23,200 shares | 0 shares |
| NII | 9,95,200 shares | 24,57,000 shares |
| RII | 23,16,800 shares | 24,57,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 66,19,200 shares | 49,14,000 shares |
Bids Received (Subscription)
Hi-Green Carbon IPO subscribed 118.25x in total, whereas Marco Cables IPO subscribed 29.80x.
