M.V.K.Agro Food Product IPO vs Pune E-Stock Broking IPO

Comparison between M.V.K.Agro Food Product IPO and Pune E-Stock Broking IPO.

IPO Details

M.V.K.Agro Food Product IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pune E-Stock Broking IPO is a SME Bookbuilding proposed to list at BSE SME.

	M.V.K.Agro Food Product IPO	Pune E-Stock Broking IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Horizon Management Pvt.Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	MAS Services Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO 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 Pune E-Stock Broking IPO is up to ₹32.50 Cr. The final issue price of M.V.K.Agro Food Product IPO is ₹120.00 per share and of Pune E-Stock Broking IPO is ₹83.00 per share.

	M.V.K.Agro Food Product IPO	Pune E-Stock Broking IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹83.00 per share
Issue Price (Final)	₹120.00 per share	₹83.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	52,15,200 shares	39,15,200 shares
Fresh Issue Size (Amount)	up to ₹62.58 Cr	up to ₹32.50 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	52,15,200 shares	39,15,200 shares
Issue Size Total (Amount)	up to ₹62.58 Cr	up to ₹32.50 Cr

IPO Timetable

M.V.K.Agro Food Product IPO opens on Feb 29, 2024, while Pune E-Stock Broking IPO opens on Mar 07, 2024. The closing date of M.V.K.Agro Food Product IPO and Pune E-Stock Broking IPO is Mar 04, 2024, and Mar 12, 2024, respectively.

	M.V.K.Agro Food Product IPO	Pune E-Stock Broking IPO
Anchor Bid Date		Mar 06, 2024
Issue Open	Feb 29, 2024	Mar 07, 2024
Issue Close	Mar 04, 2024	Mar 12, 2024
Basis Of Allotment (Tentative)	Mar 05, 2024	Mar 13, 2024
Initiation of Refunds (Tentative)	Mar 06, 2024	Mar 14, 2024
Credit of Share (Tentative)	Mar 06, 2024	Mar 14, 2024
Listing date (Tentative)	Mar 07, 2024	Mar 15, 2024
Anchor Lockin End date 1		Apr 12, 2024
Anchor Lockin End date 2		Jun 11, 2024

Financials & KPIs

M.V.K.Agro Food Product IPO P/E ratio is 31.79, as compared to Pune E-Stock Broking IPO P/E ratio of 9.5.

M.V.K.Agro Food Product IPO

Pune E-Stock Broking 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 Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,804.05	15,471.93	11,602.06	11,445.70
Total Income	6,044.36	9,393.63	13,263.56	2,583.10
Profit After Tax	430.07	377.45	319.81	140.41
Net Worth	1,767.74	1,337.67	960.22	640.41
Reserves and Surplus	1,267.74	837.67	460.22	140.41
Total Borrowing	6,281.23	9,156.10	6,001.32	7,496.33
Amount in ₹ Lakhs

Pune E-Stock Broking Limited Financial Information (Restated Consolidated)

Pune E-Stock Broking Limited's revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	22,224.76	15,801.00	16,314.24	13,288.68
Total Income	3,010.80	4,103.10	4,665.70	3,474.64
Profit After Tax	610.67	964.52	1,012.03	650.48
Net Worth	8,259.66	7,654.66	6,754.55	5,806.65
Reserves and Surplus	7,155.22	6,918.36	6,018.26	5,070.35
Total Borrowing	826.19	1,853.74	1,640.17	1,195.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

72.75

Promoter Shareholding (Post-Issue)

64.56

51.34

P/E Ratio

31.79

9.5

Market Cap

₹185.88 Cr.

₹129.90 Cr.

ROE

32.85%

7.30%

ROCE

13.44%

8.25%

Debt/Equity

6.84

EPS

₹3.77

₹8.73

RoNW

32.85%

7.39%

Shares Offered

In the M.V.K.Agro Food Product IPO Retail Individual Investors (RII) are offered 26,07,600 shares while in Pune E-Stock Broking IPO retail investors are offered 26,07,600 shares. Qualified Institutional Buyers (QIB) are offered in M.V.K.Agro Food Product IPO and 7,82,400 shares in Pune E-Stock Broking IPO.

	M.V.K.Agro Food Product IPO	Pune E-Stock Broking IPO
Anchor Investor Reserveration		11,72,800 shares
Market Maker Reserveration	2,74,800 shares	6,91,200 shares
QIB		7,82,400 shares
NII	26,07,600 shares	5,88,800 shares
RII	26,07,600 shares	13,71,200 shares
Employee
Others
Total	52,15,200 shares	39,15,200 shares

Bids Received (Subscription)

M.V.K.Agro Food Product IPO subscribed 8.46x in total, whereas Pune E-Stock Broking IPO subscribed 371.16x.

	M.V.K.Agro Food Product IPO	Pune E-Stock Broking IPO
QIB (times)		123.02x
NII (times)	3.90x	775.99x
Big NII (times)
Small NII (times)
RII (times)	13.01x	338.92x
Employee (times)
Other (times)
Total (times)	8.46x	371.16x

Compare with others

M.V.K.Agro Food Product IPO	Pune E-Stock Broking IPO
Koura Fine Diamond Jewelry IPO	Pratham EPC Projects IPO
Shree Karni Fabcom IPO	Koura Fine Diamond Jewelry IPO
V R Infraspace IPO	Shree Karni Fabcom IPO
Sona Machinery IPO	V R Infraspace IPO
Pune E-Stock Broking IPO	Sona Machinery IPO
Owais Metal IPO	M.V.K.Agro Food Product IPO
Purv Flexipack IPO	Owais Metal IPO
Sadhav Shipping IPO	Purv Flexipack IPO
Deem Roll Tech IPO	Sadhav Shipping IPO
Zenith Drugs IPO	Deem Roll Tech IPO