Mandeep Auto Industries IPO vs Storage Technologies IPO

Comparison between Mandeep Auto Industries IPO and Storage Technologies IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Storage Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.

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 Storage Technologies IPO is up to ₹28.39 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Storage Technologies IPO is ₹78.00 per share.

 Mandeep Auto Industries IPOStorage Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹73.00 per share
Issue Price (Upper)₹78.00 per share
Issue Price (Final)₹67.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size35,78,000 shares36,40,000 shares
Fresh Issue Size (Amount)up to ₹23.97 Crup to ₹28.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,78,000 shares36,40,000 shares
Issue Size Total (Amount)up to ₹23.97 Crup to ₹28.39 Cr

IPO Timetable

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

 Mandeep Auto Industries IPOStorage Technologies IPO
Anchor Bid DateApr 29, 2024
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 1Jun 05, 2024
Anchor Lockin End date 2Aug 04, 2024

Financials & KPIs

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Storage Technologies IPO P/E ratio of 48.45.

 Mandeep Auto Industries IPOStorage Technologies IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets24.2519.6312.9810.50
Total Income16.5729.7921.9015.63
Profit After Tax2.151.050.650.50
NET Worth8.214.544.142.80
Reserves and Surplus1.64
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets63.7640.0435.6831.13
Total Income53.1781.3769.9048.52
Profit After Tax3.590.48-0.201.18
NET Worth9.545.955.465.67
Reserves and Surplus6.542.952.464.67
Total Borrowing16.339.328.713.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.97100.00
Promoter Shareholding (Post-Issue)63.5370.09
P/E Ratio10.1548.45
Market Cap₹69.26 Cr.
ROE30.15%46.37%
ROCE27.94%22.52%
Debt/Equity1.00
EPS₹6.60₹11.96
RoNW25.97%37.64%

Shares Offered

In the Mandeep Auto Industries IPO Retail Individual Investors (RII) are offered 17,90,000 shares while in Storage Technologies IPO retail investors are offered 17,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Mandeep Auto Industries IPO and 7,28,000 shares in Storage Technologies IPO.

 Mandeep Auto Industries IPOStorage Technologies IPO
Anchor Investor Reservation10,89,600 shares
Market Maker Reservation1,90,000 shares2,00,000 shares
QIB7,28,000 shares
NII17,88,000 shares5,47,200 shares
RII17,90,000 shares12,75,200 shares
Employee
Others
Total35,78,000 shares36,40,000 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Storage Technologies IPO subscribed 278.82x.

Compare with others

Compare: