Comparison between IBL Finance IPO and Manoj Ceramic IPO.
IPO Details
IBL Finance IPO is a SME Fixed Price IPO proposed to list at NSE SME while Manoj Ceramic IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of IBL Finance IPO is up to ₹31.72 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.
IPO Timetable
IBL Finance IPO opens on Jan 09, 2024, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of IBL Finance IPO and Manoj Ceramic IPO is Jan 11, 2024, and Dec 29, 2023, respectively.
| | IBL Finance IPO | Manoj Ceramic IPO |
|---|
| Issue Open | Jan 09, 2024 | Dec 27, 2023 |
| Issue Close | Jan 11, 2024 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Jan 12, 2024 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Jan 15, 2024 | Jan 02, 2024 |
| Credit of Share (Tentative) | Jan 15, 2024 | Jan 02, 2024 |
| Listing date (Tentative) | Jan 16, 2024 | Jan 03, 2024 |
Financials & KPIs
IBL Finance IPO P/E ratio is 48.08, as compared to Manoj Ceramic IPO P/E ratio of 0.26.
Shares Offered
In the IBL Finance IPO Retail Individual Investors (RII) are offered 31,10,000 shares while in Manoj Ceramic IPO retail investors are offered 31,10,000 shares. Qualified Institutional Buyers (QIB) are offered in IBL Finance IPO and in Manoj Ceramic IPO.
| | IBL Finance IPO | Manoj Ceramic IPO |
|---|
| Market Maker Reservation | 3,30,000 shares | 1,18,000 shares |
| NII | 31,10,000 shares | 11,08,000 shares |
| RII | 31,10,000 shares | 11,08,000 shares |
| Total | 62,20,000 shares | 22,16,000 shares |
Bids Received (Subscription)
IBL Finance IPO subscribed 16.99x in total, whereas Manoj Ceramic IPO subscribed 9.00x.
