Comparison between Mangalam Alloys IPO and Saakshi Medtech IPO.
Mangalam Alloys IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Saakshi Medtech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Mangalam Alloys IPO | Saakshi Medtech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | 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 Saakshi Medtech IPO is up to ₹42.88 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Saakshi Medtech IPO is ₹97.00 per share.
| Mangalam Alloys IPO | Saakshi Medtech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹80.00 per share | ₹97.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 57,82,400 shares | 44,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹46.26 Cr | up to ₹42.88 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 | 44,20,800 shares |
| Issue Size Total (Amount) | up to ₹52.16 Cr | up to ₹42.88 Cr |
Mangalam Alloys IPO opens on Sep 21, 2023, while Saakshi Medtech IPO opens on Sep 25, 2023. The closing date of Mangalam Alloys IPO and Saakshi Medtech IPO is Sep 25, 2023, and Sep 27, 2023, respectively.
| Mangalam Alloys IPO | Saakshi Medtech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 21, 2023 | Sep 25, 2023 |
| Issue Close | Sep 25, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Sep 02, 2023 | Oct 03, 2023 |
| Initiation of Refunds (Tentative) | Oct 02, 2023 | Oct 04, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 05, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Oct 03, 2023 |
| Anchor Lockin End date 1 | Nov 02, 2023 | |
| Anchor Lockin End date 2 | Jan 01, 2024 |
Mangalam Alloys IPO P/E ratio is 14.65, as compared to Saakshi Medtech IPO P/E ratio of 10.18.
| Mangalam Alloys IPO | Saakshi Medtech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 81.17 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 73.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.65 | 10.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.49 Cr. | ₹171.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.82 | 34.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.92 | 28.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹9.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.70% | 29.32% |
In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Saakshi Medtech IPO retail investors are offered 32,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Alloys IPO and 8,84,400 shares in Saakshi Medtech IPO.
| Mangalam Alloys IPO | Saakshi Medtech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,24,800 shares | |
| Market Maker Reserveration | 3,44,000 shares | 2,35,200 shares |
| QIB | 8,84,400 shares | |
| NII | 32,59,200 shares | 6,63,600 shares |
| RII | 32,60,800 shares | 15,48,000 shares |
| Employee | ||
| Others | ||
| Total | 65,20,000 shares | 44,20,800 shares |
Mangalam Alloys IPO subscribed 5.57x in total, whereas Saakshi Medtech IPO subscribed 91.65x.
| Mangalam Alloys IPO | Saakshi Medtech IPO | |
|---|---|---|
| QIB (times) | 37.35x | |
| NII (times) | 2.41x | 200.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.73x | 75.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.57x | 91.65x |
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