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Holmarc Opto-Mechatronics IPO vs Madhusudan Masala IPO

Comparison between Holmarc Opto-Mechatronics IPO and Madhusudan Masala IPO.

IPO Details

Holmarc Opto-Mechatronics 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.

 Holmarc Opto-Mechatronics IPOMadhusudan Masala IPO
LogoHolmarc Opto-Mechatronics IPO LogoMadhusudan Masala IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Holmarc Opto-Mechatronics IPO is up to ₹10.82 Cr whereas the issue size of the Madhusudan Masala IPO is up to ₹22.60 Cr. The final issue price of Holmarc Opto-Mechatronics IPO is ₹40.00 per share and of Madhusudan Masala IPO is ₹70.00 per share.

 Holmarc Opto-Mechatronics IPOMadhusudan Masala IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹66.00 per share
Issue Price (Upper)₹70.00 per share
Issue Price (Final)₹40.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size27,06,000 shares32,28,000 shares
Fresh Issue Size (Amount)up to ₹10.82 Crup to ₹22.60 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,06,000 shares32,28,000 shares
Issue Size Total (Amount)up to ₹10.82 Crup to ₹22.60 Cr

IPO Timetable

Holmarc Opto-Mechatronics IPO opens on Sep 15, 2023, while Madhusudan Masala IPO opens on Sep 18, 2023. The closing date of Holmarc Opto-Mechatronics IPO and Madhusudan Masala IPO is Sep 20, 2023, and Sep 21, 2023, respectively.

 Holmarc Opto-Mechatronics IPOMadhusudan Masala IPO
Anchor Bid DateSep 15, 2023
Issue OpenSep 15, 2023Sep 18, 2023
Issue CloseSep 20, 2023Sep 21, 2023
Basis Of Allotment (Tentative)Sep 25, 2023Sep 26, 2023
Initiation of Refunds (Tentative)Sep 26, 2023Sep 27, 2023
Credit of Share (Tentative)Sep 27, 2023Sep 29, 2023
Listing date (Tentative)Sep 25, 2023Sep 26, 2023
Anchor Lockin End date 1Oct 26, 2023
Anchor Lockin End date 2Dec 25, 2023

Financials & KPIs

Holmarc Opto-Mechatronics IPO P/E ratio is 8.08, as compared to Madhusudan Masala IPO P/E ratio of 10.08.

 Holmarc Opto-Mechatronics IPOMadhusudan Masala IPO
Financials
Holmarc Opto-Mechatronics IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,247.181,467.321,658.86
Total Income1,573.342,117.842,918.44
Profit After Tax68.80155.19356.14
Net Worth688.60823.801,159.93
Reserves and Surplus668.60803.80439.93
Total Borrowing166.26206.37133.69
Amount in ₹ Lakhs
Madhusudan Masala IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets2,599.903,514.295,736.52
Total Income6,875.186,651.8112,750.57
Profit After Tax44.9881.29575.89
Net Worth1,094.0931.071,099.10
Reserves and Surplus30.07599.10
Total Borrowing966.402,819.534,217.20
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)87.30100.00
Promoter Shareholding (Post-Issue)62.5473.64
P/E Ratio8.0810.08
Market Cap₹40.20 Cr.₹90.30 Cr.
ROE0.36%101.91%
ROCE33%20.08%
Debt/Equity0.123.84
EPS₹4.95₹6.94
RoNW30.70%52.40%

Shares Offered

In the Holmarc Opto-Mechatronics IPO Retail Individual Investors (RII) are offered 13,53,000 shares while in Madhusudan Masala IPO retail investors are offered 13,53,000 shares. Qualified Institutional Buyers (QIB) are offered in Holmarc Opto-Mechatronics IPO and 6,46,000 shares in Madhusudan Masala IPO.

 Holmarc Opto-Mechatronics IPOMadhusudan Masala IPO
Anchor Investor Reserveration9,66,000 shares
Market Maker Reserveration1,44,000 shares1,72,000 shares
QIB6,46,000 shares
NII13,53,000 shares4,86,000 shares
RII13,53,000 shares11,30,000 shares
Employee
Others
Total27,06,000 shares32,28,000 shares

Bids Received (Subscription)

Holmarc Opto-Mechatronics IPO subscribed 85.81x in total, whereas Madhusudan Masala IPO subscribed 444.27x.

 Holmarc Opto-Mechatronics IPOMadhusudan Masala IPO
QIB (times)86.91x
NII (times)93.27x574.08x
Big NII (times)
Small NII (times)
RII (times)75.78x592.73x
Employee (times)
Other (times)
Total (times)85.81x444.27x