Concord Control Systems IPO vs Maagh Advertising IPO

Comparison between Concord Control Systems IPO and Maagh Advertising IPO.

IPO Details

Concord Control Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Maagh Advertising IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the Maagh Advertising IPO is up to ₹8.66 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Maagh Advertising IPO is ₹60.00 per share.

 Concord Control Systems IPOMaagh Advertising IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size14,34,000 shares14,44,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹8.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,34,000 shares14,44,000 shares
Issue Size Total (Amount)up to ₹7.89 Crup to ₹8.66 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while Maagh Advertising IPO opens on Sep 26, 2022. The closing date of Concord Control Systems IPO and Maagh Advertising IPO is Sep 29, 2022, and Oct 04, 2022, respectively.

 Concord Control Systems IPOMaagh Advertising IPO
Anchor Bid DateSep 26, 2022
Issue OpenSep 27, 2022Sep 26, 2022
Issue CloseSep 29, 2022Oct 04, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Oct 10, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 11, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 12, 2022
Listing date (Tentative)Oct 10, 2022Oct 13, 2022
Anchor Lockin End date 1Nov 03, 2022
Anchor Lockin End date 2Jan 02, 2023

Financials & KPIs

Concord Control Systems IPO P/E ratio is 12.14, as compared to Maagh Advertising IPO P/E ratio of 37.5.

 Concord Control Systems IPOMaagh Advertising IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets14.6712.518.38
Total Income31.7417.6115.89
Profit After Tax2.591.431.05
NET Worth7.544.953.51
Reserves and Surplus7.344.753.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets12.7011.5513.4110.72
Total Income21.8024.5552.6129.90
Profit After Tax0.550.760.820.53
NET Worth4.253.733.012.34
Reserves and Surplus2.493.723.002.33
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.95
Promoter Shareholding (Post-Issue)73.5353.63
P/E Ratio12.1437.5
Market Cap₹31.42 Cr.₹19.68 Cr.
ROE41.45
ROCE43.74
Debt/Equity0.42
EPS₹6.17₹2.99
RoNW34.3512.36

Shares Offered

In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in Maagh Advertising IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in Maagh Advertising IPO.

 Concord Control Systems IPOMaagh Advertising IPO
Anchor Investor Reservation4,28,000 shares
Market Maker Reservation78,000 shares76,000 shares
QIB2,88,000 shares
NII2,16,000 shares7,22,000 shares
RII5,02,000 shares7,22,000 shares
Employee
Others
Total14,34,000 shares14,44,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas Maagh Advertising IPO subscribed 1.18x.

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