Comparison between Magson Retail IPO and Tridhya Tech IPO.
IPO Details
Magson Retail IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tridhya Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Magson Retail IPO is up to ₹13.05 Cr whereas the issue size of the Tridhya Tech IPO is up to ₹25.09 Cr. The final issue price of Magson Retail IPO is ₹65.00 per share and of Tridhya Tech IPO is ₹42.00 per share.
IPO Timetable
Magson Retail IPO opens on Jun 23, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Magson Retail IPO and Tridhya Tech IPO is Jun 27, 2023, and Jul 05, 2023, respectively.
| | Magson Retail IPO | Tridhya Tech IPO |
|---|
| Anchor Bid Date | | Jun 27, 2023 |
| Issue Open | Jun 23, 2023 | Jun 30, 2023 |
| Issue Close | Jun 27, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 03, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 04, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 05, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 06, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 1 | | Aug 09, 2023 |
| Anchor Lockin End date 2 | | Oct 08, 2023 |
Financials & KPIs
Magson Retail IPO P/E ratio is 20.25, as compared to Tridhya Tech IPO P/E ratio of 26.09.
Shares Offered
In the Magson Retail IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Tridhya Tech IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Magson Retail IPO and 11,94,000 shares in Tridhya Tech IPO.
| | Magson Retail IPO | Tridhya Tech IPO |
|---|
| Anchor Investor Reservation | | 17,91,000 shares |
| Market Maker Reservation | 1,06,000 shares | 3,15,000 shares |
| QIB | | 11,94,000 shares |
| NII | 10,04,000 shares | 8,97,000 shares |
| RII | 10,04,000 shares | 20,91,000 shares |
| Total | 20,08,000 shares | 59,73,000 shares |
Bids Received (Subscription)
Magson Retail IPO subscribed 6.74x in total, whereas Tridhya Tech IPO subscribed 55.04x.
