Comparison between Mangalam Alloys IPO and Techknowgreen Solutions IPO.
Mangalam Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Mangalam Alloys IPO | Techknowgreen Solutions 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. | Indorient Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Alacrity Securities 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 Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.
| Mangalam Alloys IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 57,82,400 shares | 18,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹46.26 Cr | up to ₹15.88 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 | 18,46,400 shares |
| Issue Size Total (Amount) | up to ₹52.16 Cr | up to ₹15.88 Cr |
Mangalam Alloys IPO opens on Sep 21, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Mangalam Alloys IPO and Techknowgreen Solutions IPO is Sep 25, 2023, and Sep 21, 2023, respectively.
| Mangalam Alloys IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2023 | Sep 18, 2023 |
| Issue Close | Sep 25, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 02, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 02, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Sep 28, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Sep 27, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mangalam Alloys IPO P/E ratio is 14.65, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.
| Mangalam Alloys IPO | Techknowgreen Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 81.17 | 89.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 65.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.65 | 9.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹197.49 Cr. | ₹63.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.82 | 88.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.92 | 98.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹8.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.70% | 71.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Techknowgreen Solutions IPO retail investors are offered 32,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Alloys IPO and in Techknowgreen Solutions IPO.
| Mangalam Alloys IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,44,000 shares | 97,600 shares |
| QIB | ||
| NII | 32,59,200 shares | 9,23,200 shares |
| RII | 32,60,800 shares | 9,23,200 shares |
| Employee | ||
| Others | ||
| Total | 65,20,000 shares | 18,46,400 shares |
Mangalam Alloys IPO subscribed 5.57x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.
| Mangalam Alloys IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.41x | 9.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.73x | 15.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.57x | 12.98x |
