Comparison between Maxposure IPO and Shree Marutinandan Tubes IPO.
IPO Details
Maxposure IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Maxposure IPO is up to ₹19.03 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of Maxposure IPO is ₹33.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.
IPO Timetable
Maxposure IPO opens on Jan 15, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Maxposure IPO and Shree Marutinandan Tubes IPO is Jan 17, 2024, and Jan 16, 2024, respectively.
| | Maxposure IPO | Shree Marutinandan Tubes IPO |
|---|
| Anchor Bid Date | Jan 12, 2024 | |
| Issue Open | Jan 15, 2024 | Jan 12, 2024 |
| Issue Close | Jan 17, 2024 | Jan 16, 2024 |
| Basis Of Allotment (Tentative) | Jan 18, 2024 | Jan 17, 2024 |
| Initiation of Refunds (Tentative) | Jan 19, 2024 | Jan 18, 2024 |
| Credit of Share (Tentative) | Jan 19, 2024 | Jan 18, 2024 |
| Listing date (Tentative) | Jan 23, 2024 | Jan 19, 2024 |
| Anchor Lockin End date 1 | Feb 17, 2024 | |
| Anchor Lockin End date 2 | Apr 17, 2024 | |
Financials & KPIs
Maxposure IPO P/E ratio is 12.42, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.
Shares Offered
In the Maxposure IPO Retail Individual Investors (RII) are offered 20,48,000 shares while in Shree Marutinandan Tubes IPO retail investors are offered 20,48,000 shares. Qualified Institutional Buyers (QIB) are offered 11,40,000 shares in Maxposure IPO and in Shree Marutinandan Tubes IPO.
| | Maxposure IPO | Shree Marutinandan Tubes IPO |
|---|
| Anchor Investor Reservation | 17,00,000 shares | |
| Market Maker Reservation | 3,72,000 shares | 50,000 shares |
| QIB | 11,40,000 shares | |
| NII | 8,80,000 shares | 4,75,000 shares |
| RII | 20,48,000 shares | 4,75,000 shares |
| Total | 57,68,000 shares | 9,50,000 shares |
Bids Received (Subscription)
Maxposure IPO subscribed 696.43x in total, whereas Shree Marutinandan Tubes IPO subscribed 46.19x.
