Comparison between Mangalam Alloys IPO and Sunita Tools IPO.
Mangalam Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Mangalam Alloys IPO | Sunita Tools 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. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Mangalam Alloys IPO | Sunita Tools IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 57,82,400 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹46.26 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 7,37,600 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹5.90 Cr | up to ₹2.90 Cr |
| Issue Size Total | 65,20,000 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹52.16 Cr | up to ₹20.91 Cr |
Mangalam Alloys IPO opens on Sep 21, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Mangalam Alloys IPO and Sunita Tools IPO is Sep 25, 2023, and Oct 03, 2023, respectively.
| Mangalam Alloys IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2023 | Sep 26, 2023 |
| Issue Close | Sep 25, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Sep 02, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 02, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mangalam Alloys IPO P/E ratio is 14.65, as compared to Sunita Tools IPO P/E ratio of 16.88.
| Mangalam Alloys IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 81.17 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.65 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.49 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.82 | 12.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.92 | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 5.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.70% | 105.31% |
In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Sunita Tools IPO retail investors are offered 32,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Alloys IPO and in Sunita Tools IPO.
| Mangalam Alloys IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,44,000 shares | 78,000 shares |
| QIB | ||
| NII | 32,59,200 shares | 7,21,000 shares |
| RII | 32,60,800 shares | 7,21,000 shares |
| Employee | ||
| Others | ||
| Total | 65,20,000 shares | 14,42,000 shares |
Mangalam Alloys IPO subscribed 5.57x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Mangalam Alloys IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.41x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.73x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.57x | 13.24x |
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