Comparison between Mangalam Alloys IPO and Master Components IPO.
IPO Details
Mangalam Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Master Components IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Mangalam Alloys IPO is up to ₹52.16 Cr whereas the issue size of the Master Components IPO is up to ₹14.64 Cr. The final issue price of Mangalam Alloys IPO is ₹80.00 per share and of Master Components IPO is ₹140.00 per share.
| | Mangalam Alloys IPO | Master Components IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹80.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 57,82,400 shares | 6,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹46.26 Cr | up to ₹9.02 Cr |
| OFS Issue Size | 7,37,600 shares | 4,02,000 shares |
| OFS Issue Size (Amount) | up to ₹5.90 Cr | up to ₹5.63 Cr |
| Issue Size Total | 65,20,000 shares | 10,46,000 shares |
| Issue Size Total (Amount) | up to ₹52.16 Cr | up to ₹14.64 Cr |
IPO Timetable
Mangalam Alloys IPO opens on Sep 21, 2023, while Master Components IPO opens on Sep 18, 2023. The closing date of Mangalam Alloys IPO and Master Components IPO is Sep 25, 2023, and Sep 21, 2023, respectively.
| | Mangalam Alloys IPO | Master Components IPO |
|---|
| Issue Open | Sep 21, 2023 | Sep 18, 2023 |
| Issue Close | Sep 25, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 02, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 02, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Sep 28, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Sep 29, 2023 |
Financials & KPIs
Mangalam Alloys IPO P/E ratio is 14.65, as compared to Master Components IPO P/E ratio of 27.09.
Shares Offered
In the Mangalam Alloys IPO Retail Individual Investors (RII) are offered 32,60,800 shares while in Master Components IPO retail investors are offered 32,60,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mangalam Alloys IPO and 0 shares in Master Components IPO.
| | Mangalam Alloys IPO | Master Components IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 3,44,000 shares | 56,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 32,59,200 shares | 5,23,000 shares |
| RII | 32,60,800 shares | 5,23,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 65,20,000 shares | 10,46,000 shares |
Bids Received (Subscription)
Mangalam Alloys IPO subscribed 5.57x in total, whereas Master Components IPO subscribed 8.00x.