Comparison between Marco Cables IPO and Techknowgreen Solutions IPO.
IPO Details
Marco Cables IPO is a SME Fixed Price IPO proposed to list at NSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.
| | Marco Cables IPO | Techknowgreen Solutions IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹36.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 23,13,000 shares | 18,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹8.33 Cr | up to ₹15.88 Cr |
| OFS Issue Size | 26,01,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.36 Cr | up to ₹0.00 Cr |
| Issue Size Total | 49,14,000 shares | 18,46,400 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹15.88 Cr |
IPO Timetable
Marco Cables IPO opens on Sep 21, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Marco Cables IPO and Techknowgreen Solutions IPO is Sep 25, 2023, and Sep 21, 2023, respectively.
| | Marco Cables IPO | Techknowgreen Solutions IPO |
|---|
| Issue Open | Sep 21, 2023 | Sep 18, 2023 |
| Issue Close | Sep 25, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Sep 28, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Sep 27, 2023 |
Financials & KPIs
Marco Cables IPO P/E ratio is 20.22, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.
Shares Offered
In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Techknowgreen Solutions IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marco Cables IPO and in Techknowgreen Solutions IPO.
| | Marco Cables IPO | Techknowgreen Solutions IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,88,000 shares | 97,600 shares |
| QIB | 0 shares | |
| NII | 24,57,000 shares | 9,23,200 shares |
| RII | 24,57,000 shares | 9,23,200 shares |
| Employee | 0 shares | |
| Total | 49,14,000 shares | 18,46,400 shares |
Bids Received (Subscription)
Marco Cables IPO subscribed 29.80x in total, whereas Techknowgreen Solutions IPO subscribed 12.45x.
