Comparison between Indifra IPO and Manoj Ceramic IPO.
Indifra 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.
| Indifra IPO | Manoj Ceramic IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indifra IPO is up to ₹13.34 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of Indifra IPO is ₹65.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.
| Indifra IPO | Manoj Ceramic IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹65.00 per share | ₹62.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 20,52,000 shares | 22,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.34 Cr | up to ₹13.74 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 | 20,52,000 shares | 22,16,000 shares |
| Issue Size Total (Amount) | up to ₹13.34 Cr | up to ₹13.74 Cr |
Indifra IPO opens on Dec 21, 2023, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of Indifra IPO and Manoj Ceramic IPO is Dec 26, 2023, and Dec 29, 2023, respectively.
| Indifra IPO | Manoj Ceramic IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 21, 2023 | Dec 27, 2023 |
| Issue Close | Dec 26, 2023 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Jan 02, 2024 |
| Credit of Share (Tentative) | Dec 28, 2023 | Jan 02, 2024 |
| Listing date (Tentative) | Dec 29, 2023 | Jan 03, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indifra IPO P/E ratio is 11.23, as compared to Manoj Ceramic IPO P/E ratio of 0.26.
| Indifra IPO | Manoj Ceramic IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Indifra Limited Financial Information (Restated)Indifra Limited's revenue decreased by -8.3% and profit after tax (PAT) rose by 148.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Manoj Ceramic Limited Financial Information (Restated)Manoj Ceramic Limited's revenue increased by 66.54% and profit after tax (PAT) rose by 283.52% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 96 | 99.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.55 | 71.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.23 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.39 Cr. | ₹51.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 82.45% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 86.21% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.79 | ₹241.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 82.45% | 27.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indifra IPO Retail Individual Investors (RII) are offered 10,26,000 shares while in Manoj Ceramic IPO retail investors are offered 10,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Indifra IPO and in Manoj Ceramic IPO.
| Indifra IPO | Manoj Ceramic IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,08,000 shares | 1,18,000 shares |
| QIB | ||
| NII | 10,26,000 shares | 11,08,000 shares |
| RII | 10,26,000 shares | 11,08,000 shares |
| Employee | ||
| Others | ||
| Total | 20,52,000 shares | 22,16,000 shares |
Indifra IPO subscribed 7.21x in total, whereas Manoj Ceramic IPO subscribed 9.00x.
| Indifra IPO | Manoj Ceramic IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.34x | 7.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.07x | 10.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.21x | 9.00x |
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