Comparison between Indong Tea IPO and Macfos IPO.
Indong Tea IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Macfos IPO is a SME Bookbuilding proposed to list at BSE SME.
| Indong Tea IPO | Macfos IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indong Tea IPO is up to ₹12.36 Cr whereas the issue size of the Macfos IPO is up to ₹22.56 Cr. The final issue price of Indong Tea IPO is ₹26.00 per share and of Macfos IPO is ₹102.00 per share.
| Indong Tea IPO | Macfos IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹96.00 per share | |
| Issue Price (Upper) | ₹102.00 per share | |
| Issue Price (Final) | ₹26.00 per share | ₹102.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1200 shares |
| Fresh Issue Size | 47,52,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹12.36 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 22,11,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.56 Cr |
| Issue Size Total | 47,52,000 shares | 22,11,600 shares |
| Issue Size Total (Amount) | up to ₹12.36 Cr | up to ₹22.56 Cr |
Indong Tea IPO opens on Feb 09, 2023, while Macfos IPO opens on Feb 17, 2023. The closing date of Indong Tea IPO and Macfos IPO is Feb 13, 2023, and Feb 21, 2023, respectively.
| Indong Tea IPO | Macfos IPO | |
|---|---|---|
| Anchor Bid Date | Feb 16, 2023 | |
| Issue Open | Feb 09, 2023 | Feb 17, 2023 |
| Issue Close | Feb 13, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Feb 16, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Feb 17, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Feb 20, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Feb 21, 2023 | Mar 01, 2023 |
| Anchor Lockin End date 1 | Mar 26, 2023 | |
| Anchor Lockin End date 2 | May 25, 2023 |
Indong Tea IPO P/E ratio is 9.52, as compared to Macfos IPO P/E ratio of 15.22.
| Indong Tea IPO | Macfos IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
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| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.09 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.03 | 73.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.52 | 15.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.00 Cr. | ₹90.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indong Tea IPO Retail Individual Investors (RII) are offered 23,76,000 shares while in Macfos IPO retail investors are offered 23,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Indong Tea IPO and 4,44,000 shares in Macfos IPO.
| Indong Tea IPO | Macfos IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,60,000 shares | |
| Market Maker Reserveration | 5,04,000 shares | 1,16,400 shares |
| QIB | 4,44,000 shares | |
| NII | 23,76,000 shares | 3,32,400 shares |
| RII | 23,76,000 shares | 7,75,200 shares |
| Employee | ||
| Others | ||
| Total | 47,52,000 shares | 22,11,600 shares |
Indong Tea IPO subscribed 4.97x in total, whereas Macfos IPO subscribed 193.87x.
| Indong Tea IPO | Macfos IPO | |
|---|---|---|
| QIB (times) | 21.60x | |
| NII (times) | 2.17x | 659.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.76x | 268.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.97x | 193.87x |
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