Comparison between KRN Heat Exchanger IPO and Manba Finance IPO.
KRN Heat Exchanger IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Manba Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of KRN Heat Exchanger IPO is up to ₹341.95 Cr whereas the issue size of the Manba Finance IPO is up to ₹150.84 Cr. The final issue price of KRN Heat Exchanger IPO is ₹220.00 per share and of Manba Finance IPO is ₹120.00 per share.
| KRN Heat Exchanger IPO | Manba Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹209.00 per share | ₹114.00 per share |
| Issue Price (Upper) | ₹220.00 per share | ₹120.00 per share |
| Issue Price (Final) | ₹220.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 65 shares | 125 shares |
| Fresh Issue Size | 1,55,43,000 shares | 1,25,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹341.95 Cr | up to ₹150.84 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 | 1,55,43,000 shares | 1,25,70,000 shares |
| Issue Size Total (Amount) | up to ₹341.95 Cr | up to ₹150.84 Cr |
KRN Heat Exchanger IPO opens on Sep 25, 2024, while Manba Finance IPO opens on Sep 23, 2024. The closing date of KRN Heat Exchanger IPO and Manba Finance IPO is Sep 27, 2024, and Sep 25, 2024, respectively.
| KRN Heat Exchanger IPO | Manba Finance IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2024 | Sep 20, 2024 |
| Issue Open | Sep 25, 2024 | Sep 23, 2024 |
| Issue Close | Sep 27, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Sep 30, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Oct 01, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Oct 01, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Oct 03, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | Oct 30, 2024 | Oct 26, 2024 |
| Anchor Lockin End date 2 | Dec 29, 2024 | Dec 25, 2024 |
KRN Heat Exchanger IPO P/E ratio is 24.78, as compared to Manba Finance IPO P/E ratio of 14.39.
| KRN Heat Exchanger IPO | Manba Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.39 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.78 | 74.98 | ||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.78 | 14.39 | ||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1309.51 Cr. | ₹602.87 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.86% | 21.36% | ||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.21% | 19.39% | ||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 3.75 | ||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.88 | ₹8.34 | ||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.68% | 15.66% | ||||||||||||||||||||||||||||||||||||||||||||||
In the KRN Heat Exchanger IPO Retail Individual Investors (RII) are offered 54,98,330 shares while in Manba Finance IPO retail investors are offered 54,98,330 shares. Qualified Institutional Buyers (QIB) are offered 31,07,455 shares in KRN Heat Exchanger IPO and 25,14,000 shares in Manba Finance IPO.
| KRN Heat Exchanger IPO | Manba Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 45,50,000 shares | 37,71,000 shares |
| Market Maker Reservation | ||
| QIB | 31,07,455 shares | 25,14,000 shares |
| NII | 23,87,215 shares | 18,85,500 shares |
| RII | 54,98,330 shares | 43,99,500 shares |
| Employee | ||
| Others | ||
| Total | 1,55,43,000 shares | 1,25,70,000 shares |
KRN Heat Exchanger IPO subscribed 213.41x in total, whereas Manba Finance IPO subscribed 224.05x.
| KRN Heat Exchanger IPO | Manba Finance IPO | |
|---|---|---|
| QIB (times) | 253.04x | 148.55x |
| NII (times) | 430.54x | 511.62x |
| Big NII (times) | 445.31x | 546.56x |
| Small NII (times) | 401.01x | 441.73x |
| RII (times) | 96.74x | 143.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 213.41x | 224.05x |
