Bondada Engineering IPO vs Mono Pharmacare IPO

Comparison between Bondada Engineering IPO and Mono Pharmacare IPO.

IPO Details

Bondada Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mono Pharmacare IPO is a SME Bookbuilding proposed to list at NSE SME.

	Bondada Engineering IPO	Mono Pharmacare IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	BSE SME	NSE SME
Lead Managers	Vivro Financial Services Pvt.Ltd.	Unistone Capital Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the Mono Pharmacare IPO is up to ₹14.07 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Mono Pharmacare IPO is ₹28.00 per share.

	Bondada Engineering IPO	Mono Pharmacare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹26.00 per share
Issue Price (Upper)		₹28.00 per share
Issue Price (Final)	₹75.00 per share	₹28.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	4000 shares
Fresh Issue Size	54,08,000 shares	50,24,000 shares
Fresh Issue Size (Amount)	up to ₹40.56 Cr	up to ₹14.07 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	54,08,000 shares	50,24,000 shares
Issue Size Total (Amount)	up to ₹40.56 Cr	up to ₹14.07 Cr

IPO Timetable

Bondada Engineering IPO opens on Aug 18, 2023, while Mono Pharmacare IPO opens on Aug 28, 2023. The closing date of Bondada Engineering IPO and Mono Pharmacare IPO is Aug 22, 2023, and Aug 30, 2023, respectively.

	Bondada Engineering IPO	Mono Pharmacare IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 28, 2023
Issue Close	Aug 22, 2023	Aug 30, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Sep 04, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Sep 05, 2023
Credit of Share (Tentative)	Aug 29, 2023	Sep 06, 2023
Listing date (Tentative)	Aug 30, 2023	Sep 07, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bondada Engineering IPO P/E ratio is 6.56, as compared to Mono Pharmacare IPO P/E ratio of .

Bondada Engineering IPO

Mono Pharmacare IPO

Financials

Bondada Engineering IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	17,091.69	15,761.73	25,115.46
Total Income	28,832.29	33,420.96	37,095.77
Profit After Tax	920.55	1,013.53	1,825.19
Net Worth	4,775.88	5,789.41	7,837.54
Reserves and Surplus	4,693.88	5,707.41	6,246.93
Total Borrowing	4,667.31	3,803.23	8,422.65

Amount in ₹ Lakhs

Mono Pharmacare IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	871.70	1,122.46	1,438.31	6,257.39
Total Income	1,168.90	2,837.83	3,710.27
Profit After Tax	1.99	9.51	35.09
Net Worth	201.92	369.58	427.57
Reserves and Surplus				131.71
Total Borrowing	633.46	608.03	643.93

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.00

81.02

Promoter Shareholding (Post-Issue)

63.33

P/E Ratio

6.56

Market Cap

₹162.02 Cr.

₹49.47 Cr.

ROE

22.77%

9.01%

ROCE

35.63%

10.34%

Debt/Equity

1.07

2.92

EPS

₹11.43

₹1.99

RoNW

22.77%

9.01%

Shares Offered

In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Mono Pharmacare IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and 5,00,000 shares in Mono Pharmacare IPO.

	Bondada Engineering IPO	Mono Pharmacare IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	2,76,000 shares
QIB		5,00,000 shares
NII	27,04,000 shares	22,60,000 shares
RII	27,04,000 shares	22,64,000 shares
Employee
Others
Total	54,08,000 shares	50,24,000 shares

Bids Received (Subscription)

Bondada Engineering IPO subscribed 112.28x in total, whereas Mono Pharmacare IPO subscribed 13.42x.

	Bondada Engineering IPO	Mono Pharmacare IPO
QIB (times)		10.89x
NII (times)	115.46x	8.00x
Big NII (times)
Small NII (times)
RII (times)	100.05x	19.40x
Employee (times)
Other (times)
Total (times)	112.28x	13.42x

Compare with others

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