Comparison between Micropro Software Solutions IPO and Transteel Seating Technologies IPO.
Micropro Software Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Micropro Software Solutions IPO | Transteel Seating Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. Gretex Corporate Services Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Gretex Share Broking Pvt.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 Micropro Software Solutions IPO is up to ₹29.16 Cr whereas the issue size of the Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.
| Micropro Software Solutions IPO | Transteel Seating Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹67.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹81.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 36,00,000 shares | 60,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.16 Cr | up to ₹42.49 Cr |
| OFS Issue Size | 0 shares | 3,56,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.49 Cr |
| Issue Size Total | 36,00,000 shares | 64,26,000 shares |
| Issue Size Total (Amount) | up to ₹29.16 Cr | up to ₹44.98 Cr |
Micropro Software Solutions IPO opens on Nov 03, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of Micropro Software Solutions IPO and Transteel Seating Technologies IPO is Nov 07, 2023, and Nov 01, 2023, respectively.
| Micropro Software Solutions IPO | Transteel Seating Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Oct 27, 2023 | |
| Issue Open | Nov 03, 2023 | Oct 30, 2023 |
| Issue Close | Nov 07, 2023 | Nov 01, 2023 |
| Basis Of Allotment (Tentative) | Nov 09, 2023 | Nov 05, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 05, 2023 |
| Credit of Share (Tentative) | Nov 10, 2023 | Nov 05, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 06, 2023 |
| Anchor Lockin End date 1 | Dec 05, 2023 | |
| Anchor Lockin End date 2 | Feb 03, 2024 |
Micropro Software Solutions IPO P/E ratio is 0.34, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.
| Micropro Software Solutions IPO | Transteel Seating Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 63.40 | 83.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | 53.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | 10.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.48 Cr. | ₹141.25 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 37.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41% | 36.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹6.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.93% | 37.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Micropro Software Solutions IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Transteel Seating Technologies IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Micropro Software Solutions IPO and 13,50,000 shares in Transteel Seating Technologies IPO.
| Micropro Software Solutions IPO | Transteel Seating Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,60,000 shares | |
| Market Maker Reservation | 1,90,400 shares | 7,14,000 shares |
| QIB | 13,50,000 shares | |
| NII | 18,00,000 shares | 9,66,000 shares |
| RII | 18,00,000 shares | 22,50,000 shares |
| Employee | ||
| Others | ||
| Total | 36,00,000 shares | 64,26,000 shares |
Micropro Software Solutions IPO subscribed 36.88x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.
| Micropro Software Solutions IPO | Transteel Seating Technologies IPO | |
|---|---|---|
| QIB (times) | 12.15x | |
| NII (times) | 22.60x | 122.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 49.08x | 39.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 36.88x | 49.21x |
