Gian Life Care IPO vs Mangalam Global Enterprise IPO

Comparison between Gian Life Care IPO and Mangalam Global Enterprise IPO.

IPO Details

Gian Life Care IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mangalam Global Enterprise IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Gian Life Care IPO is up to ₹2.96 Cr whereas the issue size of the Mangalam Global Enterprise IPO is up to ₹20.49 Cr. The final issue price of Gian Life Care IPO is ₹22.00 per share and of Mangalam Global Enterprise IPO is ₹51.00 per share.

 Gian Life Care IPOMangalam Global Enterprise IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹22.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size13,44,000 shares40,18,000 shares
Fresh Issue Size (Amount)up to ₹2.96 Crup to ₹20.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,44,000 shares40,18,000 shares
Issue Size Total (Amount)up to ₹2.96 Crup to ₹20.49 Cr

IPO Timetable

Gian Life Care IPO opens on Dec 31, 2019, while Mangalam Global Enterprise IPO opens on Nov 15, 2019. The closing date of Gian Life Care IPO and Mangalam Global Enterprise IPO is Jan 03, 2020, and Nov 20, 2019, respectively.

 Gian Life Care IPOMangalam Global Enterprise IPO
Issue OpenDec 31, 2019Nov 15, 2019
Issue CloseJan 03, 2020Nov 20, 2019
Basis Of Allotment (Tentative)Jan 08, 2020Nov 25, 2019
Initiation of Refunds (Tentative)Jan 09, 2020Nov 26, 2019
Credit of Share (Tentative)Jan 10, 2020Nov 27, 2019
Listing date (Tentative)Jan 13, 2020Nov 27, 2019

Financials & KPIs

Gian Life Care IPO P/E ratio is 21.36, as compared to Mangalam Global Enterprise IPO P/E ratio of .

 Gian Life Care IPOMangalam Global Enterprise IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201931 Mar 2019
Assets7.977.82
Total Income1.820.56
Profit After Tax0.340.07
NET Worth3.640.00
Reserves and Surplus0.420.07
Total Borrowing2.933.18
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201931 Mar 201931 Mar 201831 Mar 2017
Assets90.9647.159.356.98
Total Income145.93330.0426.902.69
Profit After Tax1.052.170.260.09
EBITDA2.525.840.420.17
NET Worth33.4832.435.350.09
Reserves and Surplus31.1630.104.800.04
Total Borrowing53.0711.162.396.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%96.38%
Promoter Shareholding (Post-Issue)69.87%70.99%
P/E Ratio21.36
Market Cap₹10.34 Cr.₹81.89 Cr.

Shares Offered

In the Gian Life Care IPO Retail Individual Investors (RII) are offered 6,72,000 shares while in Mangalam Global Enterprise IPO retail investors are offered 6,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Gian Life Care IPO and in Mangalam Global Enterprise IPO.

 Gian Life Care IPOMangalam Global Enterprise IPO
Market Maker Reservation72,000 shares2,12,000 shares
NII6,72,000 shares20,08,000 shares
RII6,72,000 shares20,10,000 shares
Total13,44,000 shares40,18,000 shares

Bids Received (Subscription)

Gian Life Care IPO subscribed 1.34x in total, whereas Mangalam Global Enterprise IPO subscribed 1.28x.

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Gian Life Care IPO Vs Mangalam Global Enterprise IPO