Comparison between Manglam Infra IPO and RNFI Services IPO.
Manglam Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while RNFI Services IPO is a SME Bookbuilding proposed to list at NSE SME.
| Manglam Infra IPO | RNFI Services IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Unistone Capital Pvt.Ltd. | Choice Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Manglam Infra IPO is up to ₹24.70 Cr whereas the issue size of the RNFI Services IPO is up to ₹66.78 Cr. The final issue price of Manglam Infra IPO is ₹56.00 per share and of RNFI Services IPO is ₹105.00 per share.
| Manglam Infra IPO | RNFI Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | ₹98.00 per share |
| Issue Price (Upper) | ₹56.00 per share | ₹105.00 per share |
| Issue Price (Final) | ₹56.00 per share | ₹105.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 44,10,000 shares | 63,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.70 Cr | up to ₹66.78 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 | 44,10,000 shares | 63,60,000 shares |
| Issue Size Total (Amount) | up to ₹24.70 Cr | up to ₹66.78 Cr |
Manglam Infra IPO opens on Jul 24, 2024, while RNFI Services IPO opens on Jul 22, 2024. The closing date of Manglam Infra IPO and RNFI Services IPO is Jul 26, 2024, and Jul 24, 2024, respectively.
| Manglam Infra IPO | RNFI Services IPO | |
|---|---|---|
| Anchor Bid Date | Jul 23, 2024 | Jul 19, 2024 |
| Issue Open | Jul 24, 2024 | Jul 22, 2024 |
| Issue Close | Jul 26, 2024 | Jul 24, 2024 |
| Basis Of Allotment (Tentative) | Jul 29, 2024 | Jul 25, 2024 |
| Initiation of Refunds (Tentative) | Jul 30, 2024 | Jul 26, 2024 |
| Credit of Share (Tentative) | Jul 30, 2024 | Jul 26, 2024 |
| Listing date (Tentative) | Jul 31, 2024 | Jul 29, 2024 |
| Anchor Lockin End date 1 | Aug 28, 2024 | Aug 24, 2024 |
| Anchor Lockin End date 2 | Oct 27, 2024 | Oct 23, 2024 |
Manglam Infra IPO P/E ratio is 10.49, as compared to RNFI Services IPO P/E ratio of 19.19.
| Manglam Infra IPO | RNFI Services IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 89.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.97 | 65.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.49 | 19.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹98.54 Cr. | ₹262.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 44.95% | 29.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 1.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.34 | ₹5.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 49.44% | 40.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manglam Infra IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in RNFI Services IPO retail investors are offered 15,44,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Manglam Infra IPO and 12,72,000 shares in RNFI Services IPO.
| Manglam Infra IPO | RNFI Services IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,22,000 shares | 19,08,000 shares |
| Market Maker Reservation | 5,22,000 shares | 3,84,000 shares |
| QIB | 8,82,000 shares | 12,72,000 shares |
| NII | 6,62,000 shares | 9,54,000 shares |
| RII | 15,44,000 shares | 22,26,000 shares |
| Employee | ||
| Others | ||
| Total | 44,10,000 shares | 63,60,000 shares |
Manglam Infra IPO subscribed 394.42x in total, whereas RNFI Services IPO subscribed 221.49x.
| Manglam Infra IPO | RNFI Services IPO | |
|---|---|---|
| QIB (times) | 163.04x | 140.66x |
| NII (times) | 756.73x | 513.31x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 371.72x | 142.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 394.42x | 221.49x |
