Comparison between IBL Finance IPO and Manoj Ceramic IPO.
IBL Finance IPO is a SME Fixed Price IPO proposed to list at NSE SME while Manoj Ceramic IPO is a SME Fixed Price proposed to list at BSE SME.
| IBL Finance IPO | Manoj Ceramic IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Market-Hub Stock Broking Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of IBL Finance IPO is up to ₹31.72 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.
| IBL Finance IPO | Manoj Ceramic IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹62.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 62,20,000 shares | 22,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.72 Cr | up to ₹13.74 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 | 62,20,000 shares | 22,16,000 shares |
| Issue Size Total (Amount) | up to ₹31.72 Cr | up to ₹13.74 Cr |
IBL Finance IPO opens on Jan 09, 2024, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of IBL Finance IPO and Manoj Ceramic IPO is Jan 11, 2024, and Dec 29, 2023, respectively.
| IBL Finance IPO | Manoj Ceramic IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 09, 2024 | Dec 27, 2023 |
| Issue Close | Jan 11, 2024 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Jan 12, 2024 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Jan 15, 2024 | Jan 02, 2024 |
| Credit of Share (Tentative) | Jan 15, 2024 | Jan 02, 2024 |
| Listing date (Tentative) | Jan 16, 2024 | Jan 03, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IBL Finance IPO P/E ratio is 48.08, as compared to Manoj Ceramic IPO P/E ratio of 0.26.
| IBL Finance IPO | Manoj Ceramic IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | IBL Finance Limited Financial Information (Restated)IBL Finance Limited's revenue increased by 307.59% and profit after tax (PAT) rose by 351.28% between the financial year ending with March 31, 2023 and March 31, 2022.
| Manoj Ceramic Limited Financial Information (Restated)Manoj Ceramic Limited's revenue increased by 66.54% and profit after tax (PAT) rose by 283.52% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 85.55 | 99.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.89 | 71.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 48.08 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹126.13 Cr. | ₹51.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 3.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.06 | ₹241.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.41% | 27.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IBL Finance IPO Retail Individual Investors (RII) are offered 31,10,000 shares while in Manoj Ceramic IPO retail investors are offered 31,10,000 shares. Qualified Institutional Buyers (QIB) are offered in IBL Finance IPO and in Manoj Ceramic IPO.
| IBL Finance IPO | Manoj Ceramic IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,30,000 shares | 1,18,000 shares |
| QIB | ||
| NII | 31,10,000 shares | 11,08,000 shares |
| RII | 31,10,000 shares | 11,08,000 shares |
| Employee | ||
| Others | ||
| Total | 62,20,000 shares | 22,16,000 shares |
IBL Finance IPO subscribed 17.00x in total, whereas Manoj Ceramic IPO subscribed 9.00x.
| IBL Finance IPO | Manoj Ceramic IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 9.94x | 7.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.03x | 10.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.00x | 9.00x |
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