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Mach Conferences IPO vs My Mudra IPO

Comparison between Mach Conferences IPO and My Mudra IPO.

IPO Details

Mach Conferences IPO is a SME Bookbuilding IPO proposed to list at BSE SME while My Mudra IPO is a SME Bookbuilding proposed to list at NSE SME.

 Mach Conferences IPOMy Mudra IPO
LogoMach Conferences IPO LogoMy Mudra IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mach Conferences IPO is up to ₹118.53 Cr whereas the issue size of the My Mudra IPO is up to ₹31.57 Cr. The final issue price of Mach Conferences IPO is ₹225.00 per share and of My Mudra IPO is ₹110.00 per share.

 Mach Conferences IPOMy Mudra IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹214.00 per share₹104.00 per share
Issue Price (Upper)₹225.00 per share₹110.00 per share
Issue Price (Final)₹225.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1200 shares
Fresh Issue Size19,29,000 shares28,70,400 shares
Fresh Issue Size (Amount)up to ₹43.40 Crup to ₹31.57 Cr
OFS Issue Size33,39,000 shares0 shares
OFS Issue Size (Amount)up to ₹75.13 Crup to ₹0.00 Cr
Issue Size Total52,68,000 shares28,70,400 shares
Issue Size Total (Amount)up to ₹118.53 Crup to ₹31.57 Cr

IPO Timetable

Mach Conferences IPO opens on Sep 04, 2024, while My Mudra IPO opens on Sep 05, 2024. The closing date of Mach Conferences IPO and My Mudra IPO is Sep 06, 2024, and Sep 09, 2024, respectively.

 Mach Conferences IPOMy Mudra IPO
Anchor Bid DateSep 03, 2024Sep 04, 2024
Issue OpenSep 04, 2024Sep 05, 2024
Issue CloseSep 06, 2024Sep 09, 2024
Basis Of Allotment (Tentative)Sep 09, 2024Sep 10, 2024
Initiation of Refunds (Tentative)Sep 10, 2024Sep 11, 2024
Credit of Share (Tentative)Sep 10, 2024Sep 11, 2024
Listing date (Tentative)Sep 11, 2024Sep 12, 2024
Anchor Lockin End date 1Oct 09, 2024Oct 10, 2024
Anchor Lockin End date 2Dec 08, 2024Dec 09, 2024

Financials & KPIs

Mach Conferences IPO P/E ratio is 16.16, as compared to My Mudra IPO P/E ratio of 11.02.

 Mach Conferences IPOMy Mudra IPO
Financials

Mach Conferences and Events Limited Financial Information (Restated Standalone)

Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets10,133.755,772.644,049.21
Total Income23,898.5814,193.892,383.88
Profit After Tax2,618.29880.76-260.63
Net Worth4,956.722,238.471,357.71
Reserves and Surplus3,075.912,233.471,352.71
Total Borrowing1,233.08988.53509.69
Amount in ₹ Lakhs

My Mudra Fincorp Limited Financial Information (Restated)

My Mudra Fincorp Limited's revenue increased by 33% and profit after tax (PAT) rose by 141% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,027.821,485.01939.6
Total Income7,114.365,355.82,846.18
Profit After Tax835.52346.7546.86
Net Worth1,679.79844.27437.88
Reserves and Surplus1,678.61843.08436.81
Total Borrowing964.41371.1341.2
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.9778.74
Promoter Shareholding (Post-Issue)69.9257.84
P/E Ratio16.1611.02
Market Cap₹473.33 Cr.₹125.31 Cr.
ROE72.78%66.20%
ROCE57.57%45.98%
Debt/Equity
EPS₹13.92₹9.98
RoNW52.82%49.74%

Shares Offered

In the Mach Conferences IPO Retail Individual Investors (RII) are offered 18,45,000 shares while in My Mudra IPO retail investors are offered 18,45,000 shares. Qualified Institutional Buyers (QIB) are offered 10,53,600 shares in Mach Conferences IPO and 5,74,800 shares in My Mudra IPO.

 Mach Conferences IPOMy Mudra IPO
Anchor Investor Reserveration15,78,000 shares8,59,200 shares
Market Maker Reserveration3,00,000 shares1,53,600 shares
QIB10,53,600 shares5,74,800 shares
NII7,91,400 shares4,30,800 shares
RII18,45,000 shares10,05,600 shares
Employee
Others
Total52,68,000 shares28,70,400 shares

Bids Received (Subscription)

Mach Conferences IPO subscribed 196.70x in total, whereas My Mudra IPO subscribed 102.48x.

 Mach Conferences IPOMy Mudra IPO
QIB (times)146.66x48.83x
NII (times)403.69x159.37x
Big NII (times)
Small NII (times)
RII (times)136.49x108.77x
Employee (times)
Other (times)
Total (times)196.70x102.48x