Comparison between MCON Rasayan IPO and Systango Technologies IPO.
MCON Rasayan IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| MCON Rasayan IPO | Systango Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Econo Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of MCON Rasayan IPO is up to ₹6.48 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of Systango Technologies IPO is ₹90.00 per share.
| MCON Rasayan IPO | Systango Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | |
| Issue Price (Upper) | ₹90.00 per share | |
| Issue Price (Final) | ₹40.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 16,20,000 shares | 36,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.48 Cr | up to ₹33.05 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 16,20,000 shares | 36,72,000 shares |
| Issue Size Total (Amount) | up to ₹6.48 Cr | up to ₹33.05 Cr |
MCON Rasayan IPO opens on Mar 06, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of MCON Rasayan IPO and Systango Technologies IPO is Mar 10, 2023, and Mar 06, 2023, respectively.
| MCON Rasayan IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Mar 01, 2023 | |
| Issue Open | Mar 06, 2023 | Mar 02, 2023 |
| Issue Close | Mar 10, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 15, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 16, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 17, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | Apr 09, 2023 | |
| Anchor Lockin End date 2 | Jun 08, 2023 |
MCON Rasayan IPO P/E ratio is 14.71, as compared to Systango Technologies IPO P/E ratio of 15.13.
| MCON Rasayan IPO | Systango Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.45 | 97.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.64 | 71.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.71 | 15.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹25.22 Cr. | ₹132.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in Systango Technologies IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and 7,34,400 shares in Systango Technologies IPO.
| MCON Rasayan IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,99,200 shares | |
| Market Maker Reserveration | 90,000 shares | 1,96,800 shares |
| QIB | 7,34,400 shares | |
| NII | 8,10,000 shares | 5,52,000 shares |
| RII | 8,10,000 shares | 12,86,400 shares |
| Employee | ||
| Others | ||
| Total | 16,20,000 shares | 36,72,000 shares |
MCON Rasayan IPO subscribed 384.64x in total, whereas Systango Technologies IPO subscribed 64.99x.
| MCON Rasayan IPO | Systango Technologies IPO | |
|---|---|---|
| QIB (times) | 14.10x | |
| NII (times) | 307.09x | 230.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 453.41x | 66.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 384.64x | 64.99x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
