Comparison between Baba Food Processing IPO and Micropro Software Solutions IPO.
Baba Food Processing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Micropro Software Solutions IPO is a SME Fixed Price proposed to list at NSE SME.
| Baba Food Processing IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | MAS Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Baba Food Processing IPO is up to ₹31.23 Cr whereas the issue size of the Micropro Software Solutions IPO is up to ₹29.16 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Micropro Software Solutions IPO is ₹81.00 per share.
| Baba Food Processing IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹72.00 per share | |
| Issue Price (Upper) | ₹76.00 per share | |
| Issue Price (Final) | ₹76.00 per share | ₹81.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 41,08,800 shares | 36,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.23 Cr | up to ₹29.16 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 | 41,08,800 shares | 36,00,000 shares |
| Issue Size Total (Amount) | up to ₹31.23 Cr | up to ₹29.16 Cr |
Baba Food Processing IPO opens on Nov 03, 2023, while Micropro Software Solutions IPO opens on Nov 03, 2023. The closing date of Baba Food Processing IPO and Micropro Software Solutions IPO is Nov 07, 2023, and Nov 07, 2023, respectively.
| Baba Food Processing IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 03, 2023 | Nov 03, 2023 |
| Issue Close | Nov 07, 2023 | Nov 07, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Nov 09, 2023 |
| Initiation of Refunds (Tentative) | Nov 13, 2023 | Nov 10, 2023 |
| Credit of Share (Tentative) | Nov 15, 2023 | Nov 10, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Nov 10, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Baba Food Processing IPO P/E ratio is , as compared to Micropro Software Solutions IPO P/E ratio of 0.34.
| Baba Food Processing IPO | Micropro Software Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 63.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹124.20 Cr. | ₹116.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.14% | 44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.81% | 41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.20 | ₹5.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.14% | 35.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Baba Food Processing IPO Retail Individual Investors (RII) are offered 28,35,200 shares while in Micropro Software Solutions IPO retail investors are offered 28,35,200 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and in Micropro Software Solutions IPO.
| Baba Food Processing IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,17,600 shares | 1,90,400 shares |
| QIB | 80,000 shares | |
| NII | 11,93,600 shares | 18,00,000 shares |
| RII | 28,35,200 shares | 18,00,000 shares |
| Employee | ||
| Others | ||
| Total | 41,08,800 shares | 36,00,000 shares |
Baba Food Processing IPO subscribed 69.44x in total, whereas Micropro Software Solutions IPO subscribed 36.88x.
| Baba Food Processing IPO | Micropro Software Solutions IPO | |
|---|---|---|
| QIB (times) | 147.02x | |
| NII (times) | 84.73x | 22.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 60.82x | 49.08x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 69.44x | 36.88x |
