Comparison between MCON Rasayan IPO and Vertexplus Technologies IPO.
MCON Rasayan IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vertexplus Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| MCON Rasayan IPO | Vertexplus 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Econo Broking Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Vertexplus Technologies IPO is up to ₹13.49 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of Vertexplus Technologies IPO is ₹96.00 per share.
| MCON Rasayan IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹91.00 per share | |
| Issue Price (Upper) | ₹96.00 per share | |
| Issue Price (Final) | ₹40.00 per share | ₹96.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 16,20,000 shares | 14,05,200 shares |
| Fresh Issue Size (Amount) | up to ₹6.48 Cr | up to ₹13.49 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 | 14,05,200 shares |
| Issue Size Total (Amount) | up to ₹6.48 Cr | up to ₹13.49 Cr |
MCON Rasayan IPO opens on Mar 06, 2023, while Vertexplus Technologies IPO opens on Mar 02, 2023. The closing date of MCON Rasayan IPO and Vertexplus Technologies IPO is Mar 10, 2023, and Mar 06, 2023, respectively.
| MCON Rasayan IPO | Vertexplus 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 Vertexplus Technologies IPO P/E ratio of 28.83.
| MCON Rasayan IPO | Vertexplus Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.45 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.71 | 28.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹25.22 Cr. | ₹52.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.06 | 28.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.93 | 43.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.35 | 0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.96 | ₹4.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.06 | 24.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in Vertexplus Technologies IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and 2,86,800 shares in Vertexplus Technologies IPO.
| MCON Rasayan IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,15,200 shares | |
| Market Maker Reservation | 90,000 shares | 74,400 shares |
| QIB | 2,86,800 shares | |
| NII | 8,10,000 shares | 2,11,200 shares |
| RII | 8,10,000 shares | 4,92,000 shares |
| Employee | ||
| Others | ||
| Total | 16,20,000 shares | 14,05,200 shares |
MCON Rasayan IPO subscribed 384.64x in total, whereas Vertexplus Technologies IPO subscribed 11.01x.
| MCON Rasayan IPO | Vertexplus Technologies IPO | |
|---|---|---|
| QIB (times) | 1.43x | |
| NII (times) | 307.09x | 35.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 453.41x | 15.53x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 384.64x | 11.01x |
