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Mandeep Auto Industries IPO vs Sai Swami Metals IPO

Comparison between Mandeep Auto Industries IPO and Sai Swami Metals IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sai Swami Metals IPO is a SME Fixed Price proposed to list at BSE SME.

 Mandeep Auto Industries IPOSai Swami Metals IPO
LogoMandeep Auto Industries IPO LogoSai Swami Metals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersJawa Capital Services Pvt.Ltd.Swastika Investmart Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mandeep Auto Industries IPO is up to ₹23.97 Cr whereas the issue size of the Sai Swami Metals IPO is up to ₹14.23 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Sai Swami Metals IPO is ₹60.00 per share.

 Mandeep Auto Industries IPOSai Swami Metals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹67.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size35,78,000 shares23,72,000 shares
Fresh Issue Size (Amount)up to ₹23.97 Crup to ₹14.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,78,000 shares23,72,000 shares
Issue Size Total (Amount)up to ₹23.97 Crup to ₹14.23 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Sai Swami Metals IPO opens on Apr 30, 2024. The closing date of Mandeep Auto Industries IPO and Sai Swami Metals IPO is May 15, 2024, and May 03, 2024, respectively.

 Mandeep Auto Industries IPOSai Swami Metals IPO
Anchor Bid Date
Issue OpenMay 13, 2024Apr 30, 2024
Issue CloseMay 15, 2024May 03, 2024
Basis Of Allotment (Tentative)May 16, 2024May 06, 2024
Initiation of Refunds (Tentative)May 17, 2024May 07, 2024
Credit of Share (Tentative)May 17, 2024May 07, 2024
Listing date (Tentative)May 21, 2024May 08, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Sai Swami Metals IPO P/E ratio of 11.34.

 Mandeep Auto Industries IPOSai Swami Metals IPO
Financials

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,424.731,963.151,297.811,050.17
Total Income1,656.762,978.742,189.731,563.49
Profit After Tax214.93104.9164.6949.81
Net Worth820.80453.54413.61280.42
Reserves and Surplus163.81
Amount in ₹ Lakhs

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets2,617.312,583.16
Total Income3,333.86626.76
Profit After Tax179.523.83
Net Worth664.4735.32
Reserves and Surplus252.7034.32
Total Borrowing743.16610.23
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9799.88
Promoter Shareholding (Post-Issue)63.5362.15
P/E Ratio10.1511.34
Market Cap₹69.26 Cr.₹39.71 Cr.
ROE30.15%
ROCE27.94%
Debt/Equity1.00
EPS₹6.60₹5.29
RoNW25.97%27.02%

Shares Offered

In the Mandeep Auto Industries IPO Retail Individual Investors (RII) are offered 17,90,000 shares while in Sai Swami Metals IPO retail investors are offered 17,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Mandeep Auto Industries IPO and in Sai Swami Metals IPO.

 Mandeep Auto Industries IPOSai Swami Metals IPO
Anchor Investor Reserveration
Market Maker Reserveration1,90,000 shares1,28,000 shares
QIB
NII17,88,000 shares11,86,000 shares
RII17,90,000 shares11,86,000 shares
Employee
Others
Total35,78,000 shares23,72,000 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Sai Swami Metals IPO subscribed 543.72x.

 Mandeep Auto Industries IPOSai Swami Metals IPO
QIB (times)
NII (times)61.54x533.83x
Big NII (times)
Small NII (times)
RII (times)90.57x529.01x
Employee (times)
Other (times)
Total (times)77.23x543.72x