Comparison between 3C IT Solutions IPO and Magenta Lifecare IPO.
3C IT Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Magenta Lifecare IPO is a SME Fixed Price proposed to list at BSE SME.
| 3C IT Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Kreo Capital Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Shreni Shares Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹6.64 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.
| 3C IT Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹52.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 15,88,000 shares | 18,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.26 Cr | up to ₹6.64 Cr |
| OFS Issue Size | 5,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 20,88,000 shares | 18,96,000 shares |
| Issue Size Total (Amount) | up to ₹10.86 Cr | up to ₹6.64 Cr |
3C IT Solutions IPO opens on Jun 04, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of 3C IT Solutions IPO and Magenta Lifecare IPO is Jun 07, 2024, and Jun 07, 2024, respectively.
| 3C IT Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 04, 2024 | Jun 05, 2024 |
| Issue Close | Jun 07, 2024 | Jun 07, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 10, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 11, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 11, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
3C IT Solutions IPO P/E ratio is 5.86, as compared to Magenta Lifecare IPO P/E ratio of 69.43.
| 3C IT Solutions IPO | Magenta Lifecare IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | 3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.
| Magenta Lifecare Limited Financial Information (Restated)Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 72.00 | 84.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.66 | 59.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.86 | 69.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.30 Cr. | ₹24.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.62% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.87 | ₹0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.98% | 3.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Magenta Lifecare IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and in Magenta Lifecare IPO.
| 3C IT Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,12,000 shares | 1,04,000 shares |
| QIB | ||
| NII | 10,44,000 shares | 9,48,000 shares |
| RII | 10,44,000 shares | 9,48,000 shares |
| Employee | ||
| Others | ||
| Total | 20,88,000 shares | 18,96,000 shares |
3C IT Solutions IPO subscribed 20.21x in total, whereas Magenta Lifecare IPO subscribed 983.19x.
| 3C IT Solutions IPO | Magenta Lifecare IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 10.63x | 1,145.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 29.79x | 778.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.21x | 983.19x |
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