Comparison between MCON Rasayan IPO and Quality Foils IPO.
IPO Details
MCON Rasayan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Quality Foils IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of MCON Rasayan IPO is up to ₹6.48 Cr whereas the issue size of the Quality Foils IPO is up to ₹4.30 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of Quality Foils IPO is ₹60.00 per share.
IPO Timetable
MCON Rasayan IPO opens on Mar 06, 2023, while Quality Foils IPO opens on Mar 14, 2023. The closing date of MCON Rasayan IPO and Quality Foils IPO is Mar 10, 2023, and Mar 16, 2023, respectively.
| | MCON Rasayan IPO | Quality Foils IPO |
|---|
| Issue Open | Mar 06, 2023 | Mar 14, 2023 |
| Issue Close | Mar 10, 2023 | Mar 16, 2023 |
| Basis Of Allotment (Tentative) | Mar 15, 2023 | Mar 21, 2023 |
| Initiation of Refunds (Tentative) | Mar 16, 2023 | Mar 22, 2023 |
| Credit of Share (Tentative) | Mar 17, 2023 | Mar 23, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 24, 2023 |
Financials & KPIs
MCON Rasayan IPO P/E ratio is 14.71, as compared to Quality Foils IPO P/E ratio of 4.16.
Shares Offered
In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in Quality Foils IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and in Quality Foils IPO.
| | MCON Rasayan IPO | Quality Foils IPO |
|---|
| Market Maker Reservation | 90,000 shares | 38,000 shares |
| NII | 8,10,000 shares | 3,58,000 shares |
| RII | 8,10,000 shares | 3,58,000 shares |
| Total | 16,20,000 shares | 7,16,000 shares |
Bids Received (Subscription)
MCON Rasayan IPO subscribed 380.25x in total, whereas Quality Foils IPO subscribed 362.07x.
