Comparison between 3C IT Solutions IPO and Magenta Lifecare IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹52.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
3C IT Solutions IPO P/E ratio is 5.86, as compared to Magenta Lifecare IPO P/E ratio of 69.43.
Shares Offered
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 0 shares in 3C IT Solutions IPO and in Magenta Lifecare IPO.
| | 3C IT Solutions IPO | Magenta Lifecare IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,12,000 shares | 1,04,000 shares |
| QIB | 0 shares | |
| NII | 10,44,000 shares | 9,48,000 shares |
| RII | 10,44,000 shares | 9,48,000 shares |
| Employee | 0 shares | |
| Total | 20,88,000 shares | 18,96,000 shares |
Bids Received (Subscription)
3C IT Solutions IPO subscribed 20.21x in total, whereas Magenta Lifecare IPO subscribed 962.09x.
