Comparison between Associated Coaters IPO and Magenta Lifecare IPO.
IPO Details
Associated Coaters 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 Associated Coaters IPO is up to ₹4.31 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹6.64 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.
IPO Timetable
Associated Coaters IPO opens on May 30, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of Associated Coaters IPO and Magenta Lifecare IPO is Jun 03, 2024, and Jun 07, 2024, respectively.
| | Associated Coaters IPO | Magenta Lifecare IPO |
|---|
| Issue Open | May 30, 2024 | Jun 05, 2024 |
| Issue Close | Jun 03, 2024 | Jun 07, 2024 |
| Basis Of Allotment (Tentative) | Jun 04, 2024 | Jun 10, 2024 |
| Initiation of Refunds (Tentative) | Jun 05, 2024 | Jun 11, 2024 |
| Credit of Share (Tentative) | Jun 05, 2024 | Jun 11, 2024 |
| Listing date (Tentative) | Jun 06, 2024 | Jun 12, 2024 |
Financials & KPIs
Associated Coaters IPO P/E ratio is 20.72, as compared to Magenta Lifecare IPO P/E ratio of 69.43.
Shares Offered
In the Associated Coaters IPO Retail Individual Investors (RII) are offered 1,78,000 shares while in Magenta Lifecare IPO retail investors are offered 1,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Associated Coaters IPO and in Magenta Lifecare IPO.
| | Associated Coaters IPO | Magenta Lifecare IPO |
|---|
| Market Maker Reservation | 66,000 shares | 1,04,000 shares |
| NII | 1,78,000 shares | 9,48,000 shares |
| RII | 1,78,000 shares | 9,48,000 shares |
| Total | 3,56,000 shares | 18,96,000 shares |
Bids Received (Subscription)
Associated Coaters IPO subscribed 367.31x in total, whereas Magenta Lifecare IPO subscribed 962.09x.
