Malpani Pipes IPO vs Readymix Construction Machinery IPO

Comparison between Malpani Pipes IPO and Readymix Construction Machinery IPO.

IPO Details

Malpani Pipes IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Readymix Construction Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Malpani Pipes IPO is up to ₹24.61 Cr whereas the issue size of the Readymix Construction Machinery IPO is up to ₹35.77 Cr. The final issue price of Malpani Pipes IPO is ₹90.00 per share and of Readymix Construction Machinery IPO is ₹123.00 per share.

 Malpani Pipes IPOReadymix Construction Machinery IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share₹121.00 per share
Issue Price (Upper)₹90.00 per share₹123.00 per share
Issue Price (Final)₹90.00 per share₹123.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size27,34,400 shares29,08,000 shares
Fresh Issue Size (Amount)up to ₹24.61 Crup to ₹35.77 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,34,400 shares29,08,000 shares
Issue Size Total (Amount)up to ₹24.61 Crup to ₹35.77 Cr

IPO Timetable

Malpani Pipes IPO opens on Jan 29, 2025, while Readymix Construction Machinery IPO opens on Feb 06, 2025. The closing date of Malpani Pipes IPO and Readymix Construction Machinery IPO is Jan 31, 2025, and Feb 10, 2025, respectively.

 Malpani Pipes IPOReadymix Construction Machinery IPO
Anchor Bid DateJan 28, 2025Feb 05, 2025
Issue OpenJan 29, 2025Feb 06, 2025
Issue CloseJan 31, 2025Feb 10, 2025
Basis Of Allotment (Tentative)Feb 03, 2025Feb 11, 2025
Initiation of Refunds (Tentative)Feb 03, 2025Feb 12, 2025
Credit of Share (Tentative)Feb 03, 2025Feb 12, 2025
Listing date (Tentative)Feb 04, 2025Feb 13, 2025
Anchor Lockin End date 1Mar 04, 2025Mar 13, 2025
Anchor Lockin End date 2May 04, 2025May 12, 2025

Financials & KPIs

Malpani Pipes IPO P/E ratio is 2.42, as compared to Readymix Construction Machinery IPO P/E ratio of 10.46.

 Malpani Pipes IPOReadymix Construction Machinery IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets90.7661.3538.9421.30
Total Income84.55141.1682.5734.94
Profit After Tax5.097.402.080.89
NET Worth19.7314.775.833.76
Reserves and Surplus12.0412.423.901.83
Total Borrowing35.7430.2919.598.98
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets52.4338.9732.1630.16
Total Income35.5069.8455.0147.83
Profit After Tax1.049.282.781.33
NET Worth19.8018.759.436.63
Reserves and Surplus11.9018.298.966.17
Total Borrowing16.687.907.604.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.2872.06
P/E Ratio2.4210.46
Market Cap₹97.00 Cr.₹134.79 Cr.
ROE71.5265.90
ROCE21.7448.96
Debt/Equity2.040.42
EPS₹37.17₹11.76
RoNW50.0749.51

Shares Offered

In the Malpani Pipes IPO Retail Individual Investors (RII) are offered 9,60,000 shares while in Readymix Construction Machinery IPO retail investors are offered 9,60,000 shares. Qualified Institutional Buyers (QIB) are offered 5,58,400 shares in Malpani Pipes IPO and 5,82,000 shares in Readymix Construction Machinery IPO.

 Malpani Pipes IPOReadymix Construction Machinery IPO
Anchor Investor Reservation8,00,000 shares8,71,000 shares
Market Maker Reservation1,45,600 shares1,54,000 shares
QIB5,58,400 shares5,82,000 shares
NII4,16,000 shares4,37,000 shares
RII9,60,000 shares10,18,000 shares
Employee0 shares0 shares
Others
Total27,34,400 shares29,08,000 shares

Bids Received (Subscription)

Malpani Pipes IPO subscribed 146.93x in total, whereas Readymix Construction Machinery IPO subscribed 4.61x.

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