Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Danish Power IPO vs Mangal Compusolution IPO

Comparison between Danish Power IPO and Mangal Compusolution IPO.

IPO Details

Danish Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mangal Compusolution IPO is a SME Fixed Price proposed to list at BSE SME.

 Danish Power IPOMangal Compusolution IPO
LogoDanish Power IPO LogoMangal Compusolution IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Jawa Capital Services Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Danish Power IPO is up to ₹188.00 Cr whereas the issue size of the Mangal Compusolution IPO is up to ₹15.39 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Mangal Compusolution IPO is ₹45.00 per share.

 Danish Power IPOMangal Compusolution IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹360.00 per share
Issue Price (Upper)₹380.00 per share
Issue Price (Final)₹380.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size300 shares3000 shares
Fresh Issue Size49,47,300 shares34,20,000 shares
Fresh Issue Size (Amount)up to ₹188.00 Crup to ₹15.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,47,300 shares34,20,000 shares
Issue Size Total (Amount)up to ₹188.00 Crup to ₹15.39 Cr

IPO Timetable

Danish Power IPO opens on Oct 22, 2024, while Mangal Compusolution IPO opens on Nov 12, 2024. The closing date of Danish Power IPO and Mangal Compusolution IPO is Oct 24, 2024, and Nov 14, 2024, respectively.

 Danish Power IPOMangal Compusolution IPO
Anchor Bid DateOct 21, 2024
Issue OpenOct 22, 2024Nov 12, 2024
Issue CloseOct 24, 2024Nov 14, 2024
Basis Of Allotment (Tentative)Oct 25, 2024Nov 18, 2024
Initiation of Refunds (Tentative)Oct 28, 2024Nov 19, 2024
Credit of Share (Tentative)Oct 28, 2024Nov 19, 2024
Listing date (Tentative)Oct 29, 2024Nov 21, 2024
Anchor Lockin End date 1Nov 24, 2024
Anchor Lockin End date 2Jan 23, 2025

Financials & KPIs

Danish Power IPO P/E ratio is 14.46, as compared to Mangal Compusolution IPO P/E ratio of 11.66.

 Danish Power IPOMangal Compusolution IPO
Financials

Danish Power Limited Financial Information (Restated Consolidated)

Period Ended30 Jun 202431 Mar 2024
Assets20,639.0915,977.95
Total Income7,273.2933,463.84
Profit After Tax998.213,807.27
Net Worth9,201.388,213.16
Reserves and Surplus7,753.028,052.23
Total Borrowing2,393.071,011.6
Amount in ₹ Lakhs

Mangal Compusolution Limited Financial Information (Restated)

Mangal Compusolution Limited's revenue decreased by -32.69% and profit after tax (PAT) dropped by -45.21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets4,492.014,552.124,715.715,267.09
Total Income453.442,344.423,483.181,848.78
Profit After Tax80.97385.80704.0986.62
Net Worth2,080.881,999.901,614.10910.00
Reserves and Surplus1,080.88999.901,414.10710.00
Total Borrowing1,862.752,041.212,652.303,434.12
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.99100.00
Promoter Shareholding (Post-Issue)73.5573.50
P/E Ratio14.4611.66
Market Cap₹748.28 Cr.₹61.23 Cr.
ROE11.94%3.97%
ROCE12.30%2.05%
Debt/Equity0.270.90
EPS₹26.29₹3.86
RoNW10.8515.56%

Shares Offered

In the Danish Power IPO Retail Individual Investors (RII) are offered 17,09,400 shares while in Mangal Compusolution IPO retail investors are offered 17,09,400 shares. Qualified Institutional Buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and in Mangal Compusolution IPO.

 Danish Power IPOMangal Compusolution IPO
Anchor Investor Reserveration14,64,000 shares
Market Maker Reserveration2,60,700 shares1,86,000 shares
QIB9,76,500 shares
NII7,32,900 shares17,10,000 shares
RII17,09,400 shares17,10,000 shares
Employee64,500 shares
Others
Total49,47,300 shares34,20,000 shares

Bids Received (Subscription)

Danish Power IPO subscribed 126.65x in total, whereas Mangal Compusolution IPO subscribed 34.59x.

 Danish Power IPOMangal Compusolution IPO
QIB (times)104.79x
NII (times)275.92x22.28x
Big NII (times)
Small NII (times)
RII (times)79.88x46.91x
Employee (times)
Other (times)
Total (times)126.65x34.59x