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Manglam Infra IPO vs Sathlokhar Synergys E&C IPO

Comparison between Manglam Infra IPO and Sathlokhar Synergys E&C IPO.

IPO Details

Manglam Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sathlokhar Synergys E&C IPO is a SME Bookbuilding proposed to list at NSE SME.

 Manglam Infra IPOSathlokhar Synergys E&C IPO
LogoManglam Infra IPO LogoSathlokhar Synergys E&C IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersUnistone Capital Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Manglam Infra IPO is up to ₹24.70 Cr whereas the issue size of the Sathlokhar Synergys E&C IPO is up to ₹84.53 Cr. The final issue price of Manglam Infra IPO is ₹56.00 per share and of Sathlokhar Synergys E&C IPO is ₹140.00 per share.

 Manglam Infra IPOSathlokhar Synergys E&C IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share₹133.00 per share
Issue Price (Upper)₹56.00 per share₹140.00 per share
Issue Price (Final)₹56.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size44,10,000 shares60,38,000 shares
Fresh Issue Size (Amount)up to ₹24.70 Crup to ₹84.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,10,000 shares60,38,000 shares
Issue Size Total (Amount)up to ₹24.70 Crup to ₹84.53 Cr

IPO Timetable

Manglam Infra IPO opens on Jul 24, 2024, while Sathlokhar Synergys E&C IPO opens on Jul 30, 2024. The closing date of Manglam Infra IPO and Sathlokhar Synergys E&C IPO is Jul 26, 2024, and Aug 01, 2024, respectively.

 Manglam Infra IPOSathlokhar Synergys E&C IPO
Anchor Bid DateJul 23, 2024Jul 29, 2024
Issue OpenJul 24, 2024Jul 30, 2024
Issue CloseJul 26, 2024Aug 01, 2024
Basis Of Allotment (Tentative)Jul 29, 2024Aug 02, 2024
Initiation of Refunds (Tentative)Jul 30, 2024Aug 05, 2024
Credit of Share (Tentative)Jul 30, 2024Aug 05, 2024
Listing date (Tentative)Jul 31, 2024Aug 06, 2024
Anchor Lockin End date 1Aug 28, 2024Sep 01, 2024
Anchor Lockin End date 2Oct 27, 2024Oct 31, 2024

Financials & KPIs

Manglam Infra IPO P/E ratio is 10.49, as compared to Sathlokhar Synergys E&C IPO P/E ratio of 9.35.

 Manglam Infra IPOSathlokhar Synergys E&C IPO
Financials

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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,318.232,104.131,673.32
Total Income4,050.793,478.142,678.36
Profit After Tax676.41554.16332.96
Net Worth1,710.201,025.95778.69
Reserves and Surplus443.73
Total Borrowing447.31225.91186.91
Amount in ₹ Lakhs

Sathlokhar Synergys E&C Global Limited Financial Information (Restated)

Sathlokhar Synergys E&C Global Limited's revenue increased by 183.77% and profit after tax (PAT) rose by 380.51% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets10,482.584,782.284,627.77
Total Income24,732.098,715.665,851.51
Profit After Tax2,621.43545.5587.87
Net Worth4,053.081,431.65886.10
Reserves and Surplus3,853.091,231.66686.11
Total Borrowing7.92612.19677.14
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0086.49
Promoter Shareholding (Post-Issue)
P/E Ratio10.499.35
Market Cap₹98.54 Cr.₹337.93 Cr.
ROE49.44%
ROCE44.95%87.33%
Debt/Equity0.26
EPS₹5.34₹14.98
RoNW49.44%64.68%

Shares Offered

In the Manglam Infra IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in Sathlokhar Synergys E&C IPO retail investors are offered 15,44,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Manglam Infra IPO and 12,08,000 shares in Sathlokhar Synergys E&C IPO.

 Manglam Infra IPOSathlokhar Synergys E&C IPO
Anchor Investor Reserveration13,22,000 shares18,10,000 shares
Market Maker Reserveration5,22,000 shares6,00,000 shares
QIB8,82,000 shares12,08,000 shares
NII6,62,000 shares9,06,000 shares
RII15,44,000 shares21,14,000 shares
Employee
Others
Total44,10,000 shares60,38,000 shares

Bids Received (Subscription)

Manglam Infra IPO subscribed 394.42x in total, whereas Sathlokhar Synergys E&C IPO subscribed 211.13x.

 Manglam Infra IPOSathlokhar Synergys E&C IPO
QIB (times)163.04x171.55x
NII (times)756.73x382.11x
Big NII (times)
Small NII (times)
RII (times)371.72x160.47x
Employee (times)
Other (times)
Total (times)394.42x211.13x