Aprameya Engineering IPO vs Manglam Infra IPO

Comparison between Aprameya Engineering IPO and Manglam Infra IPO.

IPO Details

Aprameya Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Manglam Infra IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aprameya Engineering IPO is up to ₹27.76 Cr whereas the issue size of the Manglam Infra IPO is up to ₹24.70 Cr. The final issue price of Aprameya Engineering IPO is ₹58.00 per share and of Manglam Infra IPO is ₹56.00 per share.

 Aprameya Engineering IPOManglam Infra IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share₹53.00 per share
Issue Price (Upper)₹58.00 per share₹56.00 per share
Issue Price (Final)₹58.00 per share₹56.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size47,86,000 shares44,10,000 shares
Fresh Issue Size (Amount)up to ₹27.76 Crup to ₹24.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,86,000 shares44,10,000 shares
Issue Size Total (Amount)up to ₹27.76 Crup to ₹24.70 Cr

IPO Timetable

Aprameya Engineering IPO opens on Jul 25, 2024, while Manglam Infra IPO opens on Jul 24, 2024. The closing date of Aprameya Engineering IPO and Manglam Infra IPO is Jul 29, 2024, and Jul 26, 2024, respectively.

 Aprameya Engineering IPOManglam Infra IPO
Anchor Bid DateJul 24, 2024Jul 23, 2024
Issue OpenJul 25, 2024Jul 24, 2024
Issue CloseJul 29, 2024Jul 26, 2024
Basis Of Allotment (Tentative)Jul 30, 2024Jul 29, 2024
Initiation of Refunds (Tentative)Jul 31, 2024Jul 30, 2024
Credit of Share (Tentative)Jul 31, 2024Jul 30, 2024
Listing date (Tentative)Aug 01, 2024Jul 31, 2024
Anchor Lockin End date 1Aug 29, 2024Aug 28, 2024
Anchor Lockin End date 2Oct 28, 2024Oct 27, 2024

Financials & KPIs

Aprameya Engineering IPO P/E ratio is 23.49, as compared to Manglam Infra IPO P/E ratio of 10.49.

 Aprameya Engineering IPOManglam Infra IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets75.6061.8948.71
Total Income65.6278.33200.26
Profit After Tax3.465.3716.62
NET Worth23.3719.9214.53
Reserves and Surplus9.375.927.53
Total Borrowing42.0528.7413.68
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets33.1821.0416.73
Total Income40.5134.7826.78
Profit After Tax6.765.543.33
NET Worth17.1010.267.79
Reserves and Surplus4.44
Total Borrowing4.472.261.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.5371.97
P/E Ratio23.4910.49
Market Cap₹110.43 Cr.₹98.54 Cr.
ROE15.97%49.44%
ROCE9.60%44.95%
Debt/Equity1.800.26
EPS₹2.47₹5.34
RoNW14.79%49.44%

Shares Offered

In the Aprameya Engineering IPO Retail Individual Investors (RII) are offered 16,76,000 shares while in Manglam Infra IPO retail investors are offered 16,76,000 shares. Qualified Institutional Buyers (QIB) are offered 9,58,000 shares in Aprameya Engineering IPO and 8,82,000 shares in Manglam Infra IPO.

 Aprameya Engineering IPOManglam Infra IPO
Anchor Investor Reservation14,34,000 shares13,22,000 shares
Market Maker Reservation2,54,000 shares5,22,000 shares
QIB9,58,000 shares8,82,000 shares
NII7,18,000 shares6,62,000 shares
RII16,76,000 shares15,44,000 shares
Employee
Others
Total47,86,000 shares44,10,000 shares

Bids Received (Subscription)

Aprameya Engineering IPO subscribed 192.57x in total, whereas Manglam Infra IPO subscribed 394.42x.

 Aprameya Engineering IPOManglam Infra IPO
QIB (times)90.29x163.04x
NII (times)339.99x756.73x
Big NII (times)
Small NII (times)
RII (times)187.88x371.72x
Employee (times)
Other (times)
Total (times)192.57x394.42x

Compare with others

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Aprameya Engineering IPO Vs Manglam Infra IPO