Manglam Infra IPO vs V.L.Infraprojects IPO

Comparison between Manglam Infra IPO and V.L.Infraprojects IPO.

IPO Details

Manglam Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while V.L.Infraprojects 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 V.L.Infraprojects IPO is up to ₹17.51 Cr. The final issue price of Manglam Infra IPO is ₹56.00 per share and of V.L.Infraprojects IPO is ₹42.00 per share.

 Manglam Infra IPOV.L.Infraprojects IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share₹39.00 per share
Issue Price (Upper)₹56.00 per share₹42.00 per share
Issue Price (Final)₹56.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size44,10,000 shares41,70,000 shares
Fresh Issue Size (Amount)up to ₹24.70 Crup to ₹17.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,10,000 shares41,70,000 shares
Issue Size Total (Amount)up to ₹24.70 Crup to ₹17.51 Cr

IPO Timetable

Manglam Infra IPO opens on Jul 24, 2024, while V.L.Infraprojects IPO opens on Jul 23, 2024. The closing date of Manglam Infra IPO and V.L.Infraprojects IPO is Jul 26, 2024, and Jul 25, 2024, respectively.

 Manglam Infra IPOV.L.Infraprojects IPO
Anchor Bid DateJul 23, 2024Jul 22, 2024
Issue OpenJul 24, 2024Jul 23, 2024
Issue CloseJul 26, 2024Jul 25, 2024
Basis Of Allotment (Tentative)Jul 29, 2024Jul 26, 2024
Initiation of Refunds (Tentative)Jul 30, 2024Jul 29, 2024
Credit of Share (Tentative)Jul 30, 2024Jul 29, 2024
Listing date (Tentative)Jul 31, 2024Jul 30, 2024
Anchor Lockin End date 1Aug 28, 2024Aug 25, 2024
Anchor Lockin End date 2Oct 27, 2024Oct 24, 2024

Financials & KPIs

Manglam Infra IPO P/E ratio is 10.49, as compared to V.L.Infraprojects IPO P/E ratio of 7.73.

 Manglam Infra IPOV.L.Infraprojects 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 202231 Mar 2021
Assets56.9128.3619.5516.41
Total Income114.0045.6535.6130.78
Profit After Tax6.142.231.110.83
NET Worth16.3610.227.316.20
Reserves and Surplus5.062.694.573.46
Total Borrowing16.559.9910.046.59
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10090.91
Promoter Shareholding (Post-Issue)71.9765.39
P/E Ratio10.497.73
Market Cap₹98.54 Cr.₹65.99 Cr.
ROE49.44%46.20%
ROCE44.95%39.09%
Debt/Equity0.26
EPS₹5.34₹5.43
RoNW49.44%37.53%

Shares Offered

In the Manglam Infra IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in V.L.Infraprojects IPO retail investors are offered 15,44,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Manglam Infra IPO and 8,34,000 shares in V.L.Infraprojects IPO.

 Manglam Infra IPOV.L.Infraprojects IPO
Anchor Investor Reservation13,22,000 shares12,48,000 shares
Market Maker Reservation5,22,000 shares2,40,000 shares
QIB8,82,000 shares8,34,000 shares
NII6,62,000 shares6,27,000 shares
RII15,44,000 shares14,61,000 shares
Employee
Others
Total44,10,000 shares41,70,000 shares

Bids Received (Subscription)

Manglam Infra IPO subscribed 394.42x in total, whereas V.L.Infraprojects IPO subscribed 636.17x.

 Manglam Infra IPOV.L.Infraprojects IPO
QIB (times)163.04x203.73x
NII (times)756.73x726.56x
Big NII (times)
Small NII (times)
RII (times)371.72x844.22x
Employee (times)
Other (times)
Total (times)394.42x636.17x

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