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Magenta Lifecare IPO vs Sattrix Information Security IPO

Comparison between Magenta Lifecare IPO and Sattrix Information Security IPO.

IPO Details

Magenta Lifecare IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sattrix Information Security IPO is a SME Fixed Price proposed to list at BSE SME.

 Magenta Lifecare IPOSattrix Information Security IPO
LogoMagenta Lifecare IPO LogoSattrix Information Security IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.ISK Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Magenta Lifecare IPO is up to ₹6.64 Cr whereas the issue size of the Sattrix Information Security IPO is up to ₹20.67 Cr. The final issue price of Magenta Lifecare IPO is ₹35.00 per share and of Sattrix Information Security IPO is ₹121.00 per share.

 Magenta Lifecare IPOSattrix Information Security IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹35.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1000 shares
Fresh Issue Size18,96,000 shares17,08,000 shares
Fresh Issue Size (Amount)up to ₹6.64 Crup to ₹20.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,96,000 shares17,08,000 shares
Issue Size Total (Amount)up to ₹6.64 Crup to ₹20.67 Cr

IPO Timetable

Magenta Lifecare IPO opens on Jun 05, 2024, while Sattrix Information Security IPO opens on Jun 05, 2024. The closing date of Magenta Lifecare IPO and Sattrix Information Security IPO is Jun 07, 2024, and Jun 07, 2024, respectively.

 Magenta Lifecare IPOSattrix Information Security IPO
Anchor Bid Date
Issue OpenJun 05, 2024Jun 05, 2024
Issue CloseJun 07, 2024Jun 07, 2024
Basis Of Allotment (Tentative)Jun 10, 2024Jun 10, 2024
Initiation of Refunds (Tentative)Jun 11, 2024Jun 11, 2024
Credit of Share (Tentative)Jun 11, 2024Jun 11, 2024
Listing date (Tentative)Jun 12, 2024Jun 12, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Magenta Lifecare IPO P/E ratio is 69.43, as compared to Sattrix Information Security IPO P/E ratio of 15.12.

 Magenta Lifecare IPOSattrix Information Security IPO
Financials

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.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,505.711,250.931,415.601,459.78
Total Income630.74955.29938.47966.14
Profit After Tax24.3624.5518.8919.44
Net Worth634.18520.81361.73142.85
Reserves and Surplus147.19366.57219.7220.84
Total Borrowing447.83453.01757.53982.73
Amount in ₹ Lakhs

Sattrix Information Security Limited Financial Information (Restated Consolidated)

Sattrix Information Security Limited's revenue increased by 60.76% and profit after tax (PAT) rose by 86.86% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,462.282,567.061,449.07950.32
Total Income3,061.613,775.652,348.692,120.23
Profit After Tax250.71400.12214.13193.83
Net Worth1,446.961,194.02776.51557.12
Reserves and Surplus946.961,193.02775.51556.12
Total Borrowing384.77194.55235.8844.54
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)84.06100.00
Promoter Shareholding (Post-Issue)59.59
P/E Ratio69.4315.12
Market Cap₹24.04 Cr.₹82.28 Cr.
ROE5.62%18.99%
ROCE13.41%20.93%
Debt/Equity0.27
EPS₹0.50₹8.00
RoNW3.84%17.33%

Shares Offered

In the Magenta Lifecare IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Sattrix Information Security IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Magenta Lifecare IPO and in Sattrix Information Security IPO.

 Magenta Lifecare IPOSattrix Information Security IPO
Anchor Investor Reserveration
Market Maker Reserveration1,04,000 shares92,000 shares
QIB
NII9,48,000 shares8,54,000 shares
RII9,48,000 shares8,54,000 shares
Employee
Others
Total18,96,000 shares17,08,000 shares

Bids Received (Subscription)

Magenta Lifecare IPO subscribed 983.19x in total, whereas Sattrix Information Security IPO subscribed 70.44x.

 Magenta Lifecare IPOSattrix Information Security IPO
QIB (times)
NII (times)1,145.78x87.88x
Big NII (times)
Small NII (times)
RII (times)778.41x37.76x
Employee (times)
Other (times)
Total (times)983.19x70.44x