Comparison between Indifra IPO and Manoj Ceramic IPO.
IPO Details
Indifra 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.
Issue Size and Price
The total issue size of Indifra IPO is up to ₹13.34 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of Indifra IPO is ₹65.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.
IPO Timetable
Indifra IPO opens on Dec 21, 2023, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of Indifra IPO and Manoj Ceramic IPO is Dec 26, 2023, and Dec 29, 2023, respectively.
| | Indifra IPO | Manoj Ceramic IPO |
|---|
| Issue Open | Dec 21, 2023 | Dec 27, 2023 |
| Issue Close | Dec 26, 2023 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Jan 02, 2024 |
| Credit of Share (Tentative) | Dec 28, 2023 | Jan 02, 2024 |
| Listing date (Tentative) | Dec 29, 2023 | Jan 03, 2024 |
Financials & KPIs
Indifra IPO P/E ratio is 11.23, as compared to Manoj Ceramic IPO P/E ratio of 0.26.
Shares Offered
In the Indifra IPO Retail Individual Investors (RII) are offered 10,26,000 shares while in Manoj Ceramic IPO retail investors are offered 10,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Indifra IPO and in Manoj Ceramic IPO.
| | Indifra IPO | Manoj Ceramic IPO |
|---|
| Market Maker Reservation | 1,08,000 shares | 1,18,000 shares |
| NII | 10,26,000 shares | 11,08,000 shares |
| RII | 10,26,000 shares | 11,08,000 shares |
| Total | 20,52,000 shares | 22,16,000 shares |
Bids Received (Subscription)
Indifra IPO subscribed 7.20x in total, whereas Manoj Ceramic IPO subscribed 9.00x.
