Manglam Infra IPO vs Trom Industries IPO

Comparison between Manglam Infra IPO and Trom Industries IPO.

IPO Details

Manglam Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Manglam Infra IPO is up to ₹24.70 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Manglam Infra IPO is ₹56.00 per share and of Trom Industries IPO is ₹115.00 per share.

 Manglam Infra IPOTrom Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share₹100.00 per share
Issue Price (Upper)₹56.00 per share₹115.00 per share
Issue Price (Final)₹56.00 per share₹115.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size44,10,000 shares25,90,800 shares
Fresh Issue Size (Amount)up to ₹24.70 Crup to ₹29.79 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,10,000 shares25,90,800 shares
Issue Size Total (Amount)up to ₹24.70 Crup to ₹29.79 Cr

IPO Timetable

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

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

Financials & KPIs

Manglam Infra IPO P/E ratio is 10.49, as compared to Trom Industries IPO P/E ratio of 12.98.

 Manglam Infra IPOTrom Industries IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets29.2021.5518.54
Total Income54.5524.1430.57
Profit After Tax5.730.290.36
NET Worth12.232.502.21
Reserves and Surplus5.762.492.20
Total Borrowing5.744.930.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10098.84
Promoter Shareholding (Post-Issue)71.9769.52
P/E Ratio10.4912.98
Market Cap₹98.54 Cr.₹105.74 Cr.
ROE49.44%77.82%
ROCE44.95%47.11%
Debt/Equity0.260.47
EPS₹5.34₹8.86
RoNW49.44%77.82%

Shares Offered

In the Manglam Infra IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in Trom Industries IPO retail investors are offered 15,44,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Manglam Infra IPO and 5,18,400 shares in Trom Industries IPO.

 Manglam Infra IPOTrom Industries IPO
Anchor Investor Reservation13,22,000 shares7,76,400 shares
Market Maker Reservation5,22,000 shares1,36,800 shares
QIB8,82,000 shares5,18,400 shares
NII6,62,000 shares3,88,800 shares
RII15,44,000 shares9,07,200 shares
Employee
Others
Total44,10,000 shares25,90,800 shares

Bids Received (Subscription)

Manglam Infra IPO subscribed 394.42x in total, whereas Trom Industries IPO subscribed 459.00x.

 Manglam Infra IPOTrom Industries IPO
QIB (times)163.04x197.07x
NII (times)756.73x751.90x
Big NII (times)
Small NII (times)
RII (times)371.72x483.14x
Employee (times)
Other (times)
Total (times)394.42x459.00x

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