Comparison between Chavda Infra IPO and Madhusudan Masala IPO.
Chavda Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Madhusudan Masala IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chavda Infra IPO | Madhusudan Masala IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chavda Infra IPO is up to ₹41.08 Cr whereas the issue size of the Madhusudan Masala IPO is up to ₹22.60 Cr. The final issue price of Chavda Infra IPO is ₹65.00 per share and of Madhusudan Masala IPO is ₹70.00 per share.
| Chavda Infra IPO | Madhusudan Masala IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹65.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹65.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 63,20,000 shares | 32,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.08 Cr | up to ₹22.60 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 | 63,20,000 shares | 32,28,000 shares |
| Issue Size Total (Amount) | up to ₹41.08 Cr | up to ₹22.60 Cr |
Chavda Infra IPO opens on Sep 12, 2023, while Madhusudan Masala IPO opens on Sep 18, 2023. The closing date of Chavda Infra IPO and Madhusudan Masala IPO is Sep 14, 2023, and Sep 21, 2023, respectively.
| Chavda Infra IPO | Madhusudan Masala IPO | |
|---|---|---|
| Anchor Bid Date | Sep 11, 2023 | Sep 15, 2023 |
| Issue Open | Sep 12, 2023 | Sep 18, 2023 |
| Issue Close | Sep 14, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 20, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Sep 21, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Sep 22, 2023 | Sep 29, 2023 |
| Listing date (Tentative) | Sep 25, 2023 | Sep 26, 2023 |
| Anchor Lockin End date 1 | Oct 20, 2023 | Oct 26, 2023 |
| Anchor Lockin End date 2 | Dec 19, 2023 | Dec 25, 2023 |
Chavda Infra IPO P/E ratio is 9.72, as compared to Madhusudan Masala IPO P/E ratio of 10.08.
| Chavda Infra IPO | Madhusudan Masala IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 73.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.72 | 10.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹160.26 Cr. | ₹90.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.41% | 101.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.62% | 20.08% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 3.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.69 | ₹6.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.62% | 52.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chavda Infra IPO Retail Individual Investors (RII) are offered 22,12,000 shares while in Madhusudan Masala IPO retail investors are offered 22,12,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,000 shares in Chavda Infra IPO and 6,46,000 shares in Madhusudan Masala IPO.
| Chavda Infra IPO | Madhusudan Masala IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,96,000 shares | 9,66,000 shares |
| Market Maker Reservation | 3,36,000 shares | 1,72,000 shares |
| QIB | 12,64,000 shares | 6,46,000 shares |
| NII | 9,48,000 shares | 4,86,000 shares |
| RII | 22,12,000 shares | 11,30,000 shares |
| Employee | ||
| Others | ||
| Total | 63,20,000 shares | 32,28,000 shares |
Chavda Infra IPO subscribed 180.06x in total, whereas Madhusudan Masala IPO subscribed 444.27x.
| Chavda Infra IPO | Madhusudan Masala IPO | |
|---|---|---|
| QIB (times) | 95.10x | 86.91x |
| NII (times) | 241.96x | 574.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 202.07x | 592.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 180.06x | 444.27x |
