ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Magenta Lifecare IPO vs United Cotfab IPO

Comparison between Magenta Lifecare IPO and United Cotfab IPO.

IPO Details

Magenta Lifecare IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.

 Magenta Lifecare IPOUnited Cotfab IPO
LogoMagenta Lifecare IPO LogoUnited Cotfab IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
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 United Cotfab IPO is up to ₹34.47 Cr. The final issue price of Magenta Lifecare IPO is ₹35.00 per share and of United Cotfab IPO is ₹70.00 per share.

 Magenta Lifecare IPOUnited Cotfab IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹35.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size18,96,000 shares49,24,000 shares
Fresh Issue Size (Amount)up to ₹6.64 Crup to ₹34.47 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,96,000 shares49,24,000 shares
Issue Size Total (Amount)up to ₹6.64 Crup to ₹34.47 Cr

IPO Timetable

Magenta Lifecare IPO opens on Jun 05, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of Magenta Lifecare IPO and United Cotfab IPO is Jun 07, 2024, and Jun 19, 2024, respectively.

 Magenta Lifecare IPOUnited Cotfab IPO
Issue OpenJun 05, 2024Jun 13, 2024
Issue CloseJun 07, 2024Jun 19, 2024
Basis Of Allotment (Tentative)Jun 10, 2024Jun 20, 2024
Initiation of Refunds (Tentative)Jun 11, 2024Jun 21, 2024
Credit of Share (Tentative)Jun 11, 2024Jun 21, 2024
Listing date (Tentative)Jun 12, 2024Jun 24, 2024

Financials & KPIs

Magenta Lifecare IPO P/E ratio is 69.43, as compared to United Cotfab IPO P/E ratio of 9.7.

 Magenta Lifecare IPOUnited Cotfab IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets15.0612.5114.1614.60
Total Income6.319.559.389.66
Profit After Tax0.240.250.190.19
NET Worth6.345.213.621.43
Reserves and Surplus1.473.672.200.21
Total Borrowing4.484.537.589.83
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets81.6853.6815.601.07
Total Income115.530.640.02
Profit After Tax8.670.140.02-0.00
NET Worth13.569.946.820.00
Reserves and Surplus1.88
Total Borrowing47.5138.217.731.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)84.06%100%
Promoter Shareholding (Post-Issue)59.59%69.84%
P/E Ratio69.439.7
Market Cap₹24.04 Cr.₹120.33 Cr.
ROE5.6272.76
ROCE13.4126.95
Debt/Equity3.42
EPS₹0.50₹7.22
RoNW3.8463.89

Shares Offered

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

 Magenta Lifecare IPOUnited Cotfab IPO
Market Maker Reservation1,04,000 shares2,60,000 shares
NII9,48,000 shares24,62,000 shares
RII9,48,000 shares24,62,000 shares
Total18,96,000 shares49,24,000 shares

Bids Received (Subscription)

Magenta Lifecare IPO subscribed 962.09x in total, whereas United Cotfab IPO subscribed 107.16x.

 Magenta Lifecare IPOUnited Cotfab IPO
NII (times)1,145.78x137.11x
RII (times)778.41x77.22x
Total (times)962.09x107.16x

Compare with others

Magenta Lifecare IPOUnited Cotfab IPO
Durlax Top Surface IPODindigul Farm Product IPO
GEM Enviro Management IPOFalcon Technoprojects IPO
GP Eco Solutions IPODurlax Top Surface IPO
United Cotfab IPOGEM Enviro Management IPO
3C IT Solutions IPOGP Eco Solutions IPO
Sattrix Information Security IPO3C IT Solutions IPO
Associated Coaters IPOMagenta Lifecare IPO
TBI Corn IPOSattrix Information Security IPO
Z-Tech IPOAssociated Coaters IPO
Aimtron Electronics IPOTBI Corn IPO

Compare:

Magenta Lifecare IPO Vs United Cotfab IPO