Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

MCON Rasayan IPO vs Prospect Commodities IPO

Comparison between MCON Rasayan IPO and Prospect Commodities IPO.

IPO Details

MCON Rasayan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prospect Commodities IPO is a SME Fixed Price proposed to list at BSE SME.

 MCON Rasayan IPOProspect Commodities IPO
LogoMCON Rasayan IPO LogoProspect Commodities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerEcono Broking Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of MCON Rasayan IPO is up to ₹6.48 Cr whereas the issue size of the Prospect Commodities IPO is up to ₹7.10 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of Prospect Commodities IPO is ₹61.00 per share.

 MCON Rasayan IPOProspect Commodities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹40.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size16,20,000 shares11,64,000 shares
Fresh Issue Size (Amount)up to ₹6.48 Crup to ₹7.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,20,000 shares11,64,000 shares
Issue Size Total (Amount)up to ₹6.48 Crup to ₹7.10 Cr

IPO Timetable

MCON Rasayan IPO opens on Mar 06, 2023, while Prospect Commodities IPO opens on Mar 08, 2023. The closing date of MCON Rasayan IPO and Prospect Commodities IPO is Mar 10, 2023, and Mar 13, 2023, respectively.

 MCON Rasayan IPOProspect Commodities IPO
Anchor Bid Date
Issue OpenMar 06, 2023Mar 08, 2023
Issue CloseMar 10, 2023Mar 13, 2023
Basis Of Allotment (Tentative)Mar 15, 2023Mar 16, 2023
Initiation of Refunds (Tentative)Mar 16, 2023Mar 17, 2023
Credit of Share (Tentative)Mar 17, 2023Mar 20, 2023
Listing date (Tentative)Mar 20, 2023Mar 20, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

MCON Rasayan IPO P/E ratio is 14.71, as compared to Prospect Commodities IPO P/E ratio of 31.44.

 MCON Rasayan IPOProspect Commodities IPO
Financials
MCON Rasayan India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20776.02896.953.61110.729.72321.61
31-Mar-21831.81899.7818.68178.4028.40346.58
31-Mar-221,446.311,922.3644.40221.2971.29740.85
30-Sep-221,777.531,304.6785.64456.93269.43642.63
Amount in ₹ Lakhs
Prospect Commodities Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221.050.00-0.150.85-0.150.05
30-Nov-22977.07839.9852.85293.7052.70363.57
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)91.4588.44
Promoter Shareholding (Post-Issue)66.6461.94
P/E Ratio14.7131.44
Market Cap₹25.22 Cr.₹24.95 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in Prospect Commodities IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and in Prospect Commodities IPO.

 MCON Rasayan IPOProspect Commodities IPO
Anchor Investor Reserveration
Market Maker Reserveration90,000 shares62,000 shares
QIB
NII8,10,000 shares5,82,000 shares
RII8,10,000 shares5,82,000 shares
Employee
Others
Total16,20,000 shares11,64,000 shares

Bids Received (Subscription)

MCON Rasayan IPO subscribed 384.64x in total, whereas Prospect Commodities IPO subscribed 5.31x.

 MCON Rasayan IPOProspect Commodities IPO
QIB (times)
NII (times)307.09x6.85x
Big NII (times)
Small NII (times)
RII (times)453.41x3.76x
Employee (times)
Other (times)
Total (times)384.64x5.31x