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.

	Aprameya Engineering IPO	Manglam Infra IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Unistone Capital Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Giriraj Stock Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 IPO	Manglam 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 Size	2000 shares	2000 shares
Fresh Issue Size	47,86,000 shares	44,10,000 shares
Fresh Issue Size (Amount)	up to ₹27.76 Cr	up to ₹24.70 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	47,86,000 shares	44,10,000 shares
Issue Size Total (Amount)	up to ₹27.76 Cr	up 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 IPO	Manglam Infra IPO
Anchor Bid Date	Jul 24, 2024	Jul 23, 2024
Issue Open	Jul 25, 2024	Jul 24, 2024
Issue Close	Jul 29, 2024	Jul 26, 2024
Basis Of Allotment (Tentative)	Jul 30, 2024	Jul 29, 2024
Initiation of Refunds (Tentative)	Jul 31, 2024	Jul 30, 2024
Credit of Share (Tentative)	Jul 31, 2024	Jul 30, 2024
Listing date (Tentative)	Aug 01, 2024	Jul 31, 2024
Anchor Lockin End date 1	Aug 29, 2024	Aug 28, 2024
Anchor Lockin End date 2	Oct 28, 2024	Oct 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 IPO

Manglam Infra IPO

Financials

Aprameya Engineering Limited Financial Information (Restated)

Aprameya Engineering Limited's revenue decreased by -16.23% and profit after tax (PAT) dropped by -35.62% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,560.42	6,189.03	4,870.84
Total Income	6,562.22	7,833.35	20,026.16
Profit After Tax	345.67	536.92	1,661.91
Net Worth	2,336.76	1,992.49	1,452.94
Reserves and Surplus	936.76	592.49	752.94
Total Borrowing	4,204.83	2,873.95	1,368.28
Amount in ₹ Lakhs

Manglam Infra and Engineering Limited Financial Information (Restated)

Manglam Infra and Engineering Limited's revenue increased by 16.46% and profit after tax (PAT) rose by 22.06% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,318.23	2,104.13	1,673.32
Total Income	4,050.79	3,478.14	2,678.36
Profit After Tax	676.41	554.16	332.96
Net Worth	1,710.20	1,025.95	778.69
Reserves and Surplus	443.73
Total Borrowing	447.31	225.91	186.91
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

73.53

P/E Ratio

23.49

10.49

Market Cap

₹110.43 Cr.

₹98.54 Cr.

ROE

15.97%

49.44%

ROCE

9.60%

44.95%

Debt/Equity

1.80

0.26

EPS

₹2.47

₹5.34

RoNW

14.79%

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 IPO	Manglam Infra IPO
Anchor Investor Reserveration	14,34,000 shares	13,22,000 shares
Market Maker Reserveration	2,54,000 shares	5,22,000 shares
QIB	9,58,000 shares	8,82,000 shares
NII	7,18,000 shares	6,62,000 shares
RII	16,76,000 shares	15,44,000 shares
Employee
Others
Total	47,86,000 shares	44,10,000 shares

Bids Received (Subscription)

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

	Aprameya Engineering IPO	Manglam Infra IPO
QIB (times)	90.29x	163.04x
NII (times)	339.99x	756.73x
Big NII (times)
Small NII (times)
RII (times)	187.88x	371.72x
Employee (times)
Other (times)
Total (times)	192.57x	394.42x

Compare with others

Aprameya Engineering IPO	Manglam Infra IPO
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Trom Industries IPO	Esprit Stones IPO
Esprit Stones IPO	S A Tech Software IPO
S A Tech Software IPO	Aprameya Engineering IPO
Manglam Infra IPO	Chetana Education IPO
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Clinitech Laboratory IPO	VVIP Infratech IPO
VVIP Infratech IPO	V.L.Infraprojects IPO
V.L.Infraprojects IPO	RNFI Services IPO