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M.V.K.Agro Food Product IPO vs Owais Metal IPO

Comparison between M.V.K.Agro Food Product IPO and Owais Metal IPO.

IPO Details

M.V.K.Agro Food Product IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Owais Metal IPO is a SME Bookbuilding proposed to list at NSE SME.

 M.V.K.Agro Food Product IPOOwais Metal IPO
LogoM.V.K.Agro Food Product IPO LogoOwais Metal IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarMAS Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of M.V.K.Agro Food Product IPO is up to ₹62.58 Cr whereas the issue size of the Owais Metal IPO is up to ₹39.70 Cr. The final issue price of M.V.K.Agro Food Product IPO is ₹120.00 per share and of Owais Metal IPO is ₹87.00 per share.

 M.V.K.Agro Food Product IPOOwais Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹83.00 per share
Issue Price (Upper)₹87.00 per share
Issue Price (Final)₹120.00 per share₹87.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size52,15,200 shares45,63,200 shares
Fresh Issue Size (Amount)up to ₹62.58 Crup to ₹39.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total52,15,200 shares45,63,200 shares
Issue Size Total (Amount)up to ₹62.58 Crup to ₹39.70 Cr

IPO Timetable

M.V.K.Agro Food Product IPO opens on Feb 29, 2024, while Owais Metal IPO opens on Feb 26, 2024. The closing date of M.V.K.Agro Food Product IPO and Owais Metal IPO is Mar 04, 2024, and Feb 28, 2024, respectively.

 M.V.K.Agro Food Product IPOOwais Metal IPO
Anchor Bid DateFeb 23, 2024
Issue OpenFeb 29, 2024Feb 26, 2024
Issue CloseMar 04, 2024Feb 28, 2024
Basis Of Allotment (Tentative)Mar 05, 2024Feb 29, 2024
Initiation of Refunds (Tentative)Mar 06, 2024Mar 01, 2024
Credit of Share (Tentative)Mar 06, 2024Mar 01, 2024
Listing date (Tentative)Mar 07, 2024Mar 04, 2024
Anchor Lockin End date 1Mar 30, 2024
Anchor Lockin End date 2May 29, 2024

Financials & KPIs

M.V.K.Agro Food Product IPO P/E ratio is 31.79, as compared to Owais Metal IPO P/E ratio of 21.35.

 M.V.K.Agro Food Product IPOOwais Metal IPO
Financials

M.V.K. Agro Food Product Ltd Financial Information (Restated)

M.V.K. Agro Food Product Ltd's revenue decreased by -29.18% and profit after tax (PAT) rose by 18.02% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets14,804.0515,471.9311,602.0611,445.70
Total Income6,044.369,393.6313,263.562,583.10
Profit After Tax430.07377.45319.81140.41
Net Worth1,767.741,337.67960.22640.41
Reserves and Surplus1,267.74837.67460.22140.41
Total Borrowing6,281.239,156.106,001.327,496.33
Amount in ₹ Lakhs

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended31 Dec 202331 Mar 2023
Assets5,164.23379.62
Total Income3,977.54
Profit After Tax765.47-12.72
Net Worth2,122.7757.28
Reserves and Surplus795.2544.28
Total Borrowing1,350.59321.29
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)64.5673.01
P/E Ratio31.7921.35
Market Cap₹185.88 Cr.₹158.19 Cr.
ROE32.85%-5.35%
ROCE13.44%
Debt/Equity6.845.61
EPS₹3.77₹4.08
RoNW32.85%-22.22%

Shares Offered

In the M.V.K.Agro Food Product IPO Retail Individual Investors (RII) are offered 26,07,600 shares while in Owais Metal IPO retail investors are offered 26,07,600 shares. Qualified Institutional Buyers (QIB) are offered in M.V.K.Agro Food Product IPO and 9,12,000 shares in Owais Metal IPO.

 M.V.K.Agro Food Product IPOOwais Metal IPO
Anchor Investor Reserveration13,68,000 shares
Market Maker Reserveration2,74,800 shares3,44,000 shares
QIB9,12,000 shares
NII26,07,600 shares6,84,800 shares
RII26,07,600 shares15,98,400 shares
Employee
Others
Total52,15,200 shares45,63,200 shares

Bids Received (Subscription)

M.V.K.Agro Food Product IPO subscribed 8.46x in total, whereas Owais Metal IPO subscribed 221.18x.

 M.V.K.Agro Food Product IPOOwais Metal IPO
QIB (times)92.06x
NII (times)3.90x329.36x
Big NII (times)
Small NII (times)
RII (times)13.01x248.50x
Employee (times)
Other (times)
Total (times)8.46x221.18x