Comparison between Greenchef Appliances IPO and Magson Retail IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 | |
Financials & KPIs
Greenchef Appliances IPO P/E ratio is 14.87, as compared to Magson Retail IPO P/E ratio of 20.25.
Shares Offered
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 |
| Total | 58,51,200 shares | 20,08,000 shares |
Bids Received (Subscription)
Greenchef Appliances IPO subscribed 44.89x in total, whereas Magson Retail IPO subscribed 6.74x.
