Infinium Pharmachem IPO vs MOS Utility IPO

Comparison between Infinium Pharmachem IPO and MOS Utility IPO.

IPO Details

Infinium Pharmachem IPO is a SME Bookbuilding IPO proposed to list at NSE SME while MOS Utility IPO is a SME Bookbuilding proposed to list at NSE SME.

	Infinium Pharmachem IPO	MOS Utility IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Swastika Investmart Ltd.	Unistone Capital Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Swastika Investmart Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Infinium Pharmachem IPO is up to ₹23.99 Cr whereas the issue size of the MOS Utility IPO is up to ₹47.46 Cr. The final issue price of Infinium Pharmachem IPO is ₹135.00 per share and of MOS Utility IPO is ₹76.00 per share.

	Infinium Pharmachem IPO	MOS Utility 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)	₹135.00 per share	₹76.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹13.50 per share
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	17,81,000 shares	54,44,800 shares
Fresh Issue Size (Amount)	up to ₹23.99 Cr	up to ₹41.38 Cr
OFS Issue Size	0 shares	8,00,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹6.08 Cr
Issue Size Total	17,81,000 shares	62,44,800 shares
Issue Size Total (Amount)	up to ₹23.99 Cr	up to ₹47.46 Cr

IPO Timetable

Infinium Pharmachem IPO opens on Mar 31, 2023, while MOS Utility IPO opens on Mar 31, 2023. The closing date of Infinium Pharmachem IPO and MOS Utility IPO is Apr 05, 2023, and Apr 06, 2023, respectively.

	Infinium Pharmachem IPO	MOS Utility IPO
Anchor Bid Date		Mar 29, 2023
Issue Open	Mar 31, 2023	Mar 31, 2023
Issue Close	Apr 05, 2023	Apr 06, 2023
Basis Of Allotment (Tentative)	Apr 11, 2023	Apr 12, 2023
Initiation of Refunds (Tentative)	Apr 12, 2023	Apr 13, 2023
Credit of Share (Tentative)	Apr 13, 2023	Apr 17, 2023
Listing date (Tentative)	Apr 17, 2023	Apr 18, 2023
Anchor Lockin End date 1		May 12, 2023
Anchor Lockin End date 2		Jul 11, 2023

Financials & KPIs

Infinium Pharmachem IPO P/E ratio is 7.83, as compared to MOS Utility IPO P/E ratio of 48.41.

Infinium Pharmachem IPO

MOS Utility IPO

Financials

Infinium Pharmachem Private Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2,244.60	3,941.64	93.40	424.74	566.17
31-Mar-21	3,418.27	7,115.37	272.48	702.32	579.47
31-Mar-22	5,899.95	10,005.25	610.64	1,310.22	1,385.01
30-Sep-22	7,075.71	7,985.39	551.01	1,855.77	1,614.71
Amount in ₹ Lakhs

MOS Utility Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,513.42	9,156.51	128.59	602.42	583.23	538.08
31-Mar-21	2,459.02	6,792.07	84.69	687.11	667.92	812.23
31-Mar-22	3,513.48	8,096.01	157.67	844.78	825.60	1,296.32
30-Sep-22	4,970.94	5,435.41	195.84	1,940.63	62.01	878.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

82.91

Promoter Shareholding (Post-Issue)

73.05

P/E Ratio

7.83

48.41

Market Cap

₹93.93 Cr.

₹189.51 Cr.

ROE

14.06%

ROCE

11.26%

Debt/Equity

0.45

EPS

RoNW

Shares Offered

In the Infinium Pharmachem IPO Retail Individual Investors (RII) are offered 8,70,000 shares while in MOS Utility IPO retail investors are offered 8,70,000 shares. Qualified Institutional Buyers (QIB) are offered in Infinium Pharmachem IPO and 15,23,200 shares in MOS Utility IPO.

	Infinium Pharmachem IPO	MOS Utility IPO
Anchor Investor Reserveration		15,98,400 shares
Market Maker Reserveration	94,000 shares	3,29,600 shares
QIB		15,23,200 shares
NII	8,70,000 shares	9,37,600 shares
RII	8,70,000 shares	21,85,600 shares
Employee	41,000 shares
Others
Total	17,81,000 shares	62,44,800 shares

Bids Received (Subscription)

Infinium Pharmachem IPO subscribed 1.84x in total, whereas MOS Utility IPO subscribed 21.14x.

	Infinium Pharmachem IPO	MOS Utility IPO
QIB (times)		11.67x
NII (times)	1.80x	57.90x
Big NII (times)
Small NII (times)
RII (times)	1.86x	11.98x
Employee (times)
Other (times)
Total (times)	1.84x	21.14x

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