Comparison between Madhusudan Masala IPO and Meson Valves IPO.
Madhusudan Masala IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.
| Madhusudan Masala IPO | Meson Valves IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Madhusudan Masala IPO is up to ₹22.60 Cr whereas the issue size of the Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Madhusudan Masala IPO is ₹70.00 per share and of Meson Valves IPO is ₹102.00 per share.
| Madhusudan Masala IPO | Meson Valves 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) | ₹70.00 per share | ₹102.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 32,28,000 shares | 28,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.60 Cr | up to ₹29.50 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 | 32,28,000 shares | 28,92,000 shares |
| Issue Size Total (Amount) | up to ₹22.60 Cr | up to ₹29.50 Cr |
Madhusudan Masala IPO opens on Sep 18, 2023, while Meson Valves IPO opens on Sep 08, 2023. The closing date of Madhusudan Masala IPO and Meson Valves IPO is Sep 21, 2023, and Sep 12, 2023, respectively.
| Madhusudan Masala IPO | Meson Valves IPO | |
|---|---|---|
| Anchor Bid Date | Sep 15, 2023 | |
| Issue Open | Sep 18, 2023 | Sep 08, 2023 |
| Issue Close | Sep 21, 2023 | Sep 12, 2023 |
| Basis Of Allotment (Tentative) | Sep 26, 2023 | Sep 15, 2023 |
| Initiation of Refunds (Tentative) | Sep 27, 2023 | Sep 18, 2023 |
| Credit of Share (Tentative) | Sep 29, 2023 | Sep 20, 2023 |
| Listing date (Tentative) | Sep 26, 2023 | Sep 21, 2023 |
| Anchor Lockin End date 1 | Oct 26, 2023 | |
| Anchor Lockin End date 2 | Dec 25, 2023 |
Madhusudan Masala IPO P/E ratio is 10.08, as compared to Meson Valves IPO P/E ratio of 15.47.
| Madhusudan Masala IPO | Meson Valves IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 46.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.64 | 32.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.08 | 15.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹90.30 Cr. | ₹103.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 101.91% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.94 | ₹6.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.40% | 24.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Madhusudan Masala IPO Retail Individual Investors (RII) are offered 11,30,000 shares while in Meson Valves IPO retail investors are offered 11,30,000 shares. Qualified Institutional Buyers (QIB) are offered 6,46,000 shares in Madhusudan Masala IPO and in Meson Valves IPO.
| Madhusudan Masala IPO | Meson Valves IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,66,000 shares | |
| Market Maker Reservation | 1,72,000 shares | 1,56,000 shares |
| QIB | 6,46,000 shares | |
| NII | 4,86,000 shares | 14,46,000 shares |
| RII | 11,30,000 shares | 14,46,000 shares |
| Employee | ||
| Others | ||
| Total | 32,28,000 shares | 28,92,000 shares |
Madhusudan Masala IPO subscribed 444.27x in total, whereas Meson Valves IPO subscribed 173.65x.
| Madhusudan Masala IPO | Meson Valves IPO | |
|---|---|---|
| QIB (times) | 86.91x | |
| NII (times) | 574.08x | 132.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 592.73x | 203.02x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 444.27x | 173.65x |
