Mayank Cattle Food IPO vs Rudra Gas Enterprise IPO

Comparison between Mayank Cattle Food IPO and Rudra Gas Enterprise IPO.

IPO Details

Mayank Cattle Food IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Mayank Cattle Food IPO is up to ₹18.47 Cr whereas the issue size of the Rudra Gas Enterprise IPO is up to ₹13.43 Cr. The final issue price of Mayank Cattle Food IPO is ₹108.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.

 Mayank Cattle Food IPORudra Gas Enterprise IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹108.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares2000 shares
Fresh Issue Size17,10,000 shares21,32,000 shares
Fresh Issue Size (Amount)up to ₹18.47 Crup to ₹13.43 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares21,32,000 shares
Issue Size Total (Amount)up to ₹18.47 Crup to ₹13.43 Cr

IPO Timetable

Mayank Cattle Food IPO opens on Jan 29, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Mayank Cattle Food IPO and Rudra Gas Enterprise IPO is Jan 31, 2024, and Feb 12, 2024, respectively.

 Mayank Cattle Food IPORudra Gas Enterprise IPO
Issue OpenJan 29, 2024Feb 08, 2024
Issue CloseJan 31, 2024Feb 12, 2024
Basis Of Allotment (Tentative)Feb 01, 2024Feb 13, 2024
Initiation of Refunds (Tentative)Feb 02, 2024Feb 14, 2024
Credit of Share (Tentative)Feb 02, 2024Feb 14, 2024
Listing date (Tentative)Feb 05, 2024Feb 15, 2024

Financials & KPIs

Mayank Cattle Food IPO P/E ratio is 29.58, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.

 Mayank Cattle Food IPORudra Gas Enterprise IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets51.2248.9441.6434.34
Total Income75.27309.58323.00186.53
Profit After Tax0.571.310.800.72
NET Worth5.334.763.452.65
Reserves and Surplus1.734.563.252.45
Total Borrowing37.8839.6131.6425.31
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.4533.8128.0519.61
Total Income34.4749.5743.9628.17
Profit After Tax2.473.521.791.27
NET Worth11.497.994.462.67
Reserves and Surplus5.407.744.212.42
Total Borrowing19.9017.3813.8010.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.5%99.99%
Promoter Shareholding (Post-Issue)65%73.03%
P/E Ratio29.5810.9
Market Cap₹58.32 Cr.₹52.53 Cr.
ROE3257
ROCE11.2725
Debt/Equity9.132.18
EPS₹3.65₹5.78
RoNW27.6144.09

Shares Offered

In the Mayank Cattle Food IPO Retail Individual Investors (RII) are offered 8,55,600 shares while in Rudra Gas Enterprise IPO retail investors are offered 8,55,600 shares. Qualified Institutional Buyers (QIB) are offered in Mayank Cattle Food IPO and in Rudra Gas Enterprise IPO.

 Mayank Cattle Food IPORudra Gas Enterprise IPO
Market Maker Reservation90,000 shares1,16,000 shares
NII8,54,400 shares10,66,000 shares
RII8,55,600 shares10,66,000 shares
Total17,10,000 shares21,32,000 shares

Bids Received (Subscription)

Mayank Cattle Food IPO subscribed 8.83x in total, whereas Rudra Gas Enterprise IPO subscribed 345.50x.

 Mayank Cattle Food IPORudra Gas Enterprise IPO
NII (times)5.91x286.62x
RII (times)11.75x404.38x
Total (times)8.83x345.50x

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