Concord Enviro Systems IPO vs Mamata Machinery IPO

Comparison between Concord Enviro Systems IPO and Mamata Machinery IPO.

IPO Details

Concord Enviro Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mamata Machinery IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Concord Enviro Systems IPO is up to ₹500.33 Cr whereas the issue size of the Mamata Machinery IPO is up to ₹179.35 Cr. The final issue price of Concord Enviro Systems IPO is ₹701.00 per share and of Mamata Machinery IPO is ₹243.00 per share.

 Concord Enviro Systems IPOMamata Machinery IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹665.00 per share₹230.00 per share
Issue Price (Upper)₹701.00 per share₹243.00 per share
Issue Price (Final)₹701.00 per share₹243.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹12.00 per share
Market Lot Size21 shares61 shares
Fresh Issue Size24,96,433 shares0 shares
Fresh Issue Size (Amount)up to ₹175.00 Crup to ₹0.00 Cr
OFS Issue Size46,40,888 shares73,82,340 shares
OFS Issue Size (Amount)up to ₹325.33 Crup to ₹179.35 Cr
Issue Size Total71,37,321 shares73,82,340 shares
Issue Size Total (Amount)up to ₹500.33 Crup to ₹179.35 Cr

IPO Timetable

Concord Enviro Systems IPO opens on Dec 19, 2024, while Mamata Machinery IPO opens on Dec 19, 2024. The closing date of Concord Enviro Systems IPO and Mamata Machinery IPO is Dec 23, 2024, and Dec 23, 2024, respectively.

 Concord Enviro Systems IPOMamata Machinery IPO
Anchor Bid DateDec 18, 2024Dec 18, 2024
Issue OpenDec 19, 2024Dec 19, 2024
Issue CloseDec 23, 2024Dec 23, 2024
Basis Of Allotment (Tentative)Dec 24, 2024Dec 24, 2024
Initiation of Refunds (Tentative)Dec 26, 2024Dec 26, 2024
Credit of Share (Tentative)Dec 26, 2024Dec 26, 2024
Listing date (Tentative)Dec 27, 2024Dec 27, 2024
Anchor Lockin End date 1Jan 22, 2025Jan 22, 2025
Anchor Lockin End date 2Mar 23, 2025Mar 23, 2025

Financials & KPIs

Concord Enviro Systems IPO P/E ratio is 30.79, as compared to Mamata Machinery IPO P/E ratio of 15.3.

 Concord Enviro Systems IPOMamata Machinery IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets640.09627.68592.22536.90
Total Income208.02512.27350.50337.57
Profit After Tax0.5241.445.4916.48
NET Worth319.71320.82279.23266.81
Reserves and Surplus300.59303.09258.64261.12
Total Borrowing167.53153.19131.06125.76
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets240.85237.49228.47216.33
Total Income29.19241.31210.13196.57
Profit After Tax0.2236.1322.5121.70
NET Worth132.82131.88127.38103.56
Total Borrowing4.3411.6018.6320.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)60.9392.45
Promoter Shareholding (Post-Issue)51.3962.45
P/E Ratio30.7915.3
Market Cap₹1450.81 Cr.₹552.82 Cr.
ROE13.73%27.76%
ROCE14.07%31.29%
Debt/Equity0.470.09
EPS₹22.77₹15.88
RoNW12.92%27.39%

Shares Offered

In the Concord Enviro Systems IPO Retail Individual Investors (RII) are offered 24,98,063 shares while in Mamata Machinery IPO retail investors are offered 24,98,063 shares. Qualified Institutional Buyers (QIB) are offered 14,27,464 shares in Concord Enviro Systems IPO and 14,69,557 shares in Mamata Machinery IPO.

 Concord Enviro Systems IPOMamata Machinery IPO
Anchor Investor Reservation21,41,195 shares22,04,113 shares
Market Maker Reservation
QIB14,27,464 shares14,69,557 shares
NII10,70,599 shares11,02,101 shares
RII24,98,063 shares25,71,569 shares
Employee35,000 shares
Others
Total71,37,321 shares73,82,340 shares

Bids Received (Subscription)

Concord Enviro Systems IPO subscribed 10.67x in total, whereas Mamata Machinery IPO subscribed 194.95x.

 Concord Enviro Systems IPOMamata Machinery IPO
QIB (times)17.32x235.88x
NII (times)14.20x274.38x
Big NII (times)14.09x222.71x
Small NII (times)14.41x377.72x
RII (times)5.56x138.08x
Employee (times)153.27x
Other (times)
Total (times)10.67x194.95x

Compare with others

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Concord Enviro Systems IPO Vs Mamata Machinery IPO