Comparison between Mangalam Worldwide IPO and Modi's Navnirman IPO.
Mangalam Worldwide IPO is a SME Fixed Price IPO proposed to list at NSE SME while Modi's Navnirman IPO is a SME Fixed Price proposed to list at BSE SME.
| Mangalam Worldwide IPO | Modi's Navnirman IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Broking Ltd. | Aryaman Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Aryaman Capital Markets 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 Mangalam Worldwide IPO is up to ₹62.30 Cr whereas the issue size of the Modi's Navnirman IPO is up to ₹21.46 Cr. The final issue price of Mangalam Worldwide IPO is ₹101.00 per share and of Modi's Navnirman IPO is ₹180.00 per share.
| Mangalam Worldwide IPO | Modi's Navnirman IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹101.00 per share | ₹180.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 800 shares |
| Fresh Issue Size | 61,68,000 shares | 11,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹62.30 Cr | up to ₹21.46 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 | 61,68,000 shares | 11,92,000 shares |
| Issue Size Total (Amount) | up to ₹62.30 Cr | up to ₹21.46 Cr |
Mangalam Worldwide IPO opens on Jun 30, 2022, while Modi's Navnirman IPO opens on Jun 23, 2022. The closing date of Mangalam Worldwide IPO and Modi's Navnirman IPO is Jul 04, 2022, and Jun 28, 2022, respectively.
| Mangalam Worldwide IPO | Modi's Navnirman IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 30, 2022 | Jun 23, 2022 |
| Issue Close | Jul 04, 2022 | Jun 28, 2022 |
| Basis Of Allotment (Tentative) | Jul 07, 2022 | Jul 01, 2022 |
| Initiation of Refunds (Tentative) | Jul 08, 2022 | Jul 04, 2022 |
| Credit of Share (Tentative) | Jul 11, 2022 | Jul 05, 2022 |
| Listing date (Tentative) | Jul 11, 2022 | Jul 06, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mangalam Worldwide IPO P/E ratio is 20.12, as compared to Modi's Navnirman IPO P/E ratio of 57.32.
| Mangalam Worldwide IPO | Modi's Navnirman IPO | |||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 87.04 | 99.98 | ||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.97 | 70.20 | ||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.12 | 57.32 | ||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹247.46 Cr. | ₹76.14 Cr. | ||||||||||||||||||||||||||||||||||||||
| ROE | 27 | |||||||||||||||||||||||||||||||||||||||
| ROCE | 27.92 | |||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.03 | 4.95 | ||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.20 | ₹4.47 | ||||||||||||||||||||||||||||||||||||||
| RoNW | 27.06 | 34.81 | ||||||||||||||||||||||||||||||||||||||
In the Mangalam Worldwide IPO Retail Individual Investors (RII) are offered 30,84,000 shares while in Modi's Navnirman IPO retail investors are offered 30,84,000 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Worldwide IPO and in Modi's Navnirman IPO.
| Mangalam Worldwide IPO | Modi's Navnirman IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,25,200 shares | 68,000 shares |
| QIB | ||
| NII | 30,84,000 shares | 5,96,000 shares |
| RII | 30,84,000 shares | 5,96,000 shares |
| Employee | ||
| Others | ||
| Total | 61,68,000 shares | 11,92,000 shares |
Mangalam Worldwide IPO subscribed 1.33x in total, whereas Modi's Navnirman IPO subscribed 1.99x.
| Mangalam Worldwide IPO | Modi's Navnirman IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.20x | 2.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.46x | 1.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.33x | 1.99x |
