Comparison between Greenchef Appliances IPO and Magson Retail IPO.
Greenchef Appliances IPO is a SME Fixed Price IPO proposed to list at NSE SME while Magson Retail IPO is a SME Fixed Price proposed to list at NSE SME.
| Greenchef Appliances IPO | Magson Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | ISK Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Greenchef Appliances IPO is up to ₹50.91 Cr whereas the issue size of the Magson Retail IPO is up to ₹13.05 Cr. The final issue price of Greenchef Appliances IPO is ₹87.00 per share and of Magson Retail IPO is ₹65.00 per share.
| Greenchef Appliances IPO | Magson Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | |
| Issue Price (Upper) | ₹87.00 per share | |
| Issue Price (Final) | ₹87.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 58,51,200 shares | 20,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹50.91 Cr | up to ₹13.05 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 58,51,200 shares | 20,08,000 shares |
| Issue Size Total (Amount) | up to ₹50.91 Cr | up to ₹13.05 Cr |
Greenchef Appliances IPO opens on Jun 23, 2023, while Magson Retail IPO opens on Jun 23, 2023. The closing date of Greenchef Appliances IPO and Magson Retail IPO is Jun 27, 2023, and Jun 27, 2023, respectively.
| Greenchef Appliances IPO | Magson Retail IPO | |
|---|---|---|
| Anchor Bid Date | Jun 22, 2023 | |
| Issue Open | Jun 23, 2023 | Jun 23, 2023 |
| Issue Close | Jun 27, 2023 | Jun 27, 2023 |
| Basis Of Allotment (Tentative) | Jul 03, 2023 | Jul 03, 2023 |
| Initiation of Refunds (Tentative) | Jul 04, 2023 | Jul 04, 2023 |
| Credit of Share (Tentative) | Jul 05, 2023 | Jul 05, 2023 |
| Listing date (Tentative) | Jul 06, 2023 | Jul 06, 2023 |
| Anchor Lockin End date 1 | Aug 02, 2023 | |
| Anchor Lockin End date 2 | Oct 01, 2023 |
Greenchef Appliances IPO P/E ratio is 14.87, as compared to Magson Retail IPO P/E ratio of 20.25.
| Greenchef Appliances IPO | Magson Retail IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 95.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.52 | 70.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.87 | 20.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹202.47 Cr. | ₹51.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.99 | 0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.97 | ₹4.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.85 | 27.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Greenchef Appliances IPO Retail Individual Investors (RII) are offered 20,49,600 shares while in Magson Retail IPO retail investors are offered 20,49,600 shares. Qualified Institutional Buyers (QIB) are offered 11,71,200 shares in Greenchef Appliances IPO and in Magson Retail IPO.
| Greenchef Appliances IPO | Magson Retail IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,52,000 shares | |
| Market Maker Reservation | 3,12,000 shares | 1,06,000 shares |
| QIB | 11,71,200 shares | |
| NII | 8,78,400 shares | 10,04,000 shares |
| RII | 20,49,600 shares | 10,04,000 shares |
| Employee | ||
| Others | ||
| Total | 58,51,200 shares | 20,08,000 shares |
Greenchef Appliances IPO subscribed 44.89x in total, whereas Magson Retail IPO subscribed 6.74x.
| Greenchef Appliances IPO | Magson Retail IPO | |
|---|---|---|
| QIB (times) | 17.11x | |
| NII (times) | 96.01x | 6.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 62.63x | 7.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 44.89x | 6.74x |
