Comparison between Mangalam Alloys IPO and Organic Recycling Systems IPO.
Mangalam Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Organic Recycling Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Mangalam Alloys IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mangalam Alloys IPO is up to ₹52.16 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹47.40 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.
| Mangalam Alloys IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹200.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 600 shares |
| Fresh Issue Size | 57,82,400 shares | 23,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹46.26 Cr | up to ₹47.40 Cr |
| OFS Issue Size | 7,37,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹5.90 Cr | up to ₹0.00 Cr |
| Issue Size Total | 65,20,000 shares | 23,70,000 shares |
| Issue Size Total (Amount) | up to ₹52.16 Cr | up to ₹47.40 Cr |
Mangalam Alloys IPO opens on Sep 21, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Mangalam Alloys IPO and Organic Recycling Systems IPO is Sep 25, 2023, and Sep 26, 2023, respectively.
| Mangalam Alloys IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2023 | Sep 21, 2023 |
| Issue Close | Sep 25, 2023 | Sep 26, 2023 |
| Basis Of Allotment (Tentative) | Sep 02, 2023 | Sep 29, 2023 |
| Initiation of Refunds (Tentative) | Oct 02, 2023 | Oct 03, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 04, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mangalam Alloys IPO P/E ratio is 14.65, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.
| Mangalam Alloys IPO | Organic Recycling Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 81.17 | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 20.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.65 | 25.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.49 Cr. | ₹153.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.82 | 21.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.92 | 13.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 2.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹7.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.70% | 14.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Organic Recycling Systems IPO retail investors are offered 32,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Alloys IPO and in Organic Recycling Systems IPO.
| Mangalam Alloys IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,44,000 shares | 1,30,200 shares |
| QIB | ||
| NII | 32,59,200 shares | 11,85,000 shares |
| RII | 32,60,800 shares | 11,85,000 shares |
| Employee | ||
| Others | ||
| Total | 65,20,000 shares | 23,70,000 shares |
Mangalam Alloys IPO subscribed 5.57x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.
| Mangalam Alloys IPO | Organic Recycling Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.41x | 4.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.73x | 2.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.57x | 3.24x |
