Comparison between Madhusudan Masala IPO and Techknowgreen Solutions IPO.
Madhusudan Masala IPO is a SME Fixed Price IPO proposed to list at NSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Madhusudan Masala IPO | Techknowgreen Solutions 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. | Indorient Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Alacrity 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 Madhusudan Masala IPO is up to ₹22.60 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Madhusudan Masala IPO is ₹70.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.
| Madhusudan Masala IPO | Techknowgreen Solutions 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 | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 32,28,000 shares | 18,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹22.60 Cr | up to ₹15.88 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 | 18,46,400 shares |
| Issue Size Total (Amount) | up to ₹22.60 Cr | up to ₹15.88 Cr |
Madhusudan Masala IPO opens on Sep 18, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Madhusudan Masala IPO and Techknowgreen Solutions IPO is Sep 21, 2023, and Sep 21, 2023, respectively.
| Madhusudan Masala IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Sep 15, 2023 | |
| Issue Open | Sep 18, 2023 | Sep 18, 2023 |
| Issue Close | Sep 21, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 26, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Sep 27, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Sep 29, 2023 | Sep 28, 2023 |
| Listing date (Tentative) | Sep 26, 2023 | Sep 27, 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 Techknowgreen Solutions IPO P/E ratio of 9.71.
| Madhusudan Masala IPO | Techknowgreen Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 89.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.64 | 65.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.08 | 9.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹90.30 Cr. | ₹63.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 101.91% | 88.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.08% | 98.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.84 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.94 | ₹8.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.40% | 71.24% |
In the Madhusudan Masala IPO Retail Individual Investors (RII) are offered 11,30,000 shares while in Techknowgreen Solutions 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 Techknowgreen Solutions IPO.
| Madhusudan Masala IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,66,000 shares | |
| Market Maker Reserveration | 1,72,000 shares | 97,600 shares |
| QIB | 6,46,000 shares | |
| NII | 4,86,000 shares | 9,23,200 shares |
| RII | 11,30,000 shares | 9,23,200 shares |
| Employee | ||
| Others | ||
| Total | 32,28,000 shares | 18,46,400 shares |
Madhusudan Masala IPO subscribed 444.27x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.
| Madhusudan Masala IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| QIB (times) | 86.91x | |
| NII (times) | 574.08x | 9.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 592.73x | 15.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 444.27x | 12.98x |
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