Graphisads IPO vs Marinetrans IPO

Comparison between Graphisads IPO and Marinetrans IPO.

IPO Details

Graphisads IPO is a SME Fixed Price IPO proposed to list at NSE SME while Marinetrans IPO is a SME Fixed Price proposed to list at NSE SME.

	Graphisads IPO	Marinetrans IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Ltd.	Swaraj shares & securities Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	NNM Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Graphisads IPO is up to ₹50.72 Cr whereas the issue size of the Marinetrans IPO is up to ₹10.36 Cr. The final issue price of Graphisads IPO is ₹111.00 per share and of Marinetrans IPO is ₹26.00 per share.

	Graphisads IPO	Marinetrans IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹111.00 per share	₹26.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	4000 shares
Fresh Issue Size	45,69,600 shares	39,84,000 shares
Fresh Issue Size (Amount)	up to ₹50.72 Cr	up to ₹10.36 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	45,69,600 shares	39,84,000 shares
Issue Size Total (Amount)	up to ₹50.72 Cr	up to ₹10.36 Cr

IPO Timetable

Graphisads IPO opens on Nov 30, 2023, while Marinetrans IPO opens on Nov 30, 2023. The closing date of Graphisads IPO and Marinetrans IPO is Dec 05, 2023, and Dec 05, 2023, respectively.

	Graphisads IPO	Marinetrans IPO
Anchor Bid Date
Issue Open	Nov 30, 2023	Nov 30, 2023
Issue Close	Dec 05, 2023	Dec 05, 2023
Basis Of Allotment (Tentative)	Dec 08, 2023	Dec 06, 2023
Initiation of Refunds (Tentative)	Dec 11, 2023	Dec 07, 2023
Credit of Share (Tentative)	Dec 12, 2023	Dec 07, 2023
Listing date (Tentative)	Dec 13, 2023	Dec 08, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Graphisads IPO P/E ratio is 26.88, as compared to Marinetrans IPO P/E ratio of 14.53.

Graphisads IPO

Marinetrans IPO

Financials

Graphisads Limited Financial Information (Restated Consolidated)

Graphisads Limited's revenue increased by 10.39% and profit after tax (PAT) dropped by -0.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	11,626.82	11,037.07	10,126.28	9,408.04
Total Income	2,602.48	9,904.81	8,972.49	4,755.63
Profit After Tax	206.45	556.62	558.19	55.84
Net Worth	4,492.76	4,286.31	3,914.20	3,360.95
Reserves and Surplus	3,146.31	2,939.86	3,721.85	3,168.60
Total Borrowing
Amount in ₹ Lakhs

Marinetrans India Limited Financial Information (Restated Consolidated)

Marinetrans India Limited's revenue decreased by -26.03% and profit after tax (PAT) dropped by -17.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 May 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,615.36	2,618.58	2,305.89	2,204.06
Total Income	1,384.38	15,036.84	20,327.23	9,613.13
Profit After Tax	13.91	152.83	186.24	79.78
Net Worth	1,617.96	1,604.04	1,451.22	1,255.94
Reserves and Surplus
Total Borrowing	603.68	557.98	252.75	212.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

100.00

Promoter Shareholding (Post-Issue)

73.66

P/E Ratio

26.88

14.53

Market Cap

₹202.87 Cr.

₹33.09 Cr.

ROE

12.99%

10.00%

ROCE

14.69 %

11.29%

Debt/Equity

0.35

EPS

₹4.13

₹1.79

RoNW

12.99%

9.53%

Shares Offered

In the Graphisads IPO Retail Individual Investors (RII) are offered 22,84,800 shares while in Marinetrans IPO retail investors are offered 22,84,800 shares. Qualified Institutional Buyers (QIB) are offered in Graphisads IPO and in Marinetrans IPO.

	Graphisads IPO	Marinetrans IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,42,400 shares	2,16,000 shares
QIB
NII	22,84,800 shares	19,92,000 shares
RII	22,84,800 shares	19,92,000 shares
Employee
Others
Total	45,69,600 shares	39,84,000 shares

Bids Received (Subscription)

Graphisads IPO subscribed 3.86x in total, whereas Marinetrans IPO subscribed 33.00x.

	Graphisads IPO	Marinetrans IPO
QIB (times)
NII (times)	2.01x	18.05x
Big NII (times)
Small NII (times)
RII (times)	5.52x	47.24x
Employee (times)
Other (times)
Total (times)	3.86x	33.00x

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