Comparison between ABS Marine IPO and Mandeep Auto Industries IPO.
IPO Details
ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mandeep Auto Industries IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Mandeep Auto Industries IPO is up to ₹23.97 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Mandeep Auto Industries IPO is ₹67.00 per share.
IPO Timetable
ABS Marine IPO opens on May 10, 2024, while Mandeep Auto Industries IPO opens on May 13, 2024. The closing date of ABS Marine IPO and Mandeep Auto Industries IPO is May 15, 2024, and May 15, 2024, respectively.
| | ABS Marine IPO | Mandeep Auto Industries IPO |
|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | May 13, 2024 |
| Issue Close | May 15, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 21, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 | |
Financials & KPIs
ABS Marine IPO P/E ratio is 11.23, as compared to Mandeep Auto Industries IPO P/E ratio of 10.15.
Shares Offered
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Mandeep Auto Industries IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Mandeep Auto Industries IPO.
| | ABS Marine IPO | Mandeep Auto Industries IPO |
|---|
| Anchor Investor Reservation | 18,41,000 shares | |
| Market Maker Reservation | 4,10,000 shares | 1,90,000 shares |
| QIB | 12,28,000 shares | |
| NII | 9,22,000 shares | 17,88,000 shares |
| RII | 21,49,000 shares | 17,90,000 shares |
| Total | 61,40,000 shares | 35,78,000 shares |
Bids Received (Subscription)
ABS Marine IPO subscribed 101.13x in total, whereas Mandeep Auto Industries IPO subscribed 76.06x.
