Manomay Tex IPO vs Sarthak Metals IPO

Comparison between Manomay Tex IPO and Sarthak Metals IPO.

IPO Details

Manomay Tex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sarthak Metals IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Manomay Tex IPO is up to ₹10.82 Cr whereas the issue size of the Sarthak Metals IPO is up to ₹10.32 Cr. The final issue price of Manomay Tex IPO is ₹30.00 per share and of Sarthak Metals IPO is ₹30.00 per share.

 Manomay Tex IPOSarthak Metals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹30.00 per share
Issue Price (Final)₹30.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size36,08,000 shares14,04,000 shares
Fresh Issue Size (Amount)up to ₹10.82 Crup to ₹4.21 Cr
OFS Issue Size0 shares20,36,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.11 Cr
Issue Size Total36,08,000 shares34,40,000 shares
Issue Size Total (Amount)up to ₹10.82 Crup to ₹10.32 Cr

IPO Timetable

Manomay Tex IPO opens on Mar 15, 2017, while Sarthak Metals IPO opens on Mar 10, 2017. The closing date of Manomay Tex IPO and Sarthak Metals IPO is Mar 20, 2017, and Mar 17, 2017, respectively.

 Manomay Tex IPOSarthak Metals IPO
Issue OpenMar 15, 2017Mar 10, 2017
Issue CloseMar 20, 2017Mar 17, 2017
Basis Of Allotment (Tentative)Mar 23, 2017Mar 22, 2017
Listing date (Tentative)Mar 28, 2017Mar 27, 2017

Financials & KPIs

Manomay Tex IPO P/E ratio is , as compared to Sarthak Metals IPO P/E ratio of .

 Manomay Tex IPOSarthak Metals IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets106.0396.2947.6444.62
Total Income145.01218.19166.15101.75
Profit After Tax1.651.340.22-0.76
NET Worth22.1020.0314.0811.23
Reserves and Surplus20.3318.2512.708.88
Total Borrowing51.3753.1620.5422.24
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets55.0148.9947.1840.22
Total Income73.96128.72151.49147.22
Profit After Tax2.473.672.872.60
NET Worth26.7024.2320.5717.74
Reserves and Surplus14.6112.148.485.65
Total Borrowing24.9123.1723.5819.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.39%91.75%
Promoter Shareholding (Post-Issue)58.38%69.25%
Market Cap₹38.05 Cr.₹41.07 Cr.

Shares Offered

In the Manomay Tex IPO Retail Individual Investors (RII) are offered 18,04,000 shares while in Sarthak Metals IPO retail investors are offered 18,04,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Manomay Tex IPO and 0 shares in Sarthak Metals IPO.

 Manomay Tex IPOSarthak Metals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,96,000 shares1,96,000 shares
QIB0 shares0 shares
NII18,04,000 shares17,20,000 shares
RII18,04,000 shares17,20,000 shares
Employee0 shares0 shares
Total36,08,000 shares34,40,000 shares

Bids Received (Subscription)

Manomay Tex IPO subscribed 3.72x in total, whereas Sarthak Metals IPO subscribed 2.02x.

 Manomay Tex IPOSarthak Metals IPO
NII (times)2.71x0.00x
RII (times)4.74x0.00x
Total (times)3.72x2.02x

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Manomay Tex IPO Vs Sarthak Metals IPO