MOS Utility IPO vs Nirman Agri Genetics IPO

Comparison between MOS Utility IPO and Nirman Agri Genetics IPO.

IPO Details

MOS Utility IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nirman Agri Genetics IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of MOS Utility IPO is up to ₹47.46 Cr whereas the issue size of the Nirman Agri Genetics IPO is up to ₹19.27 Cr. The final issue price of MOS Utility IPO is ₹76.00 per share and of Nirman Agri Genetics IPO is ₹99.00 per share.

 MOS Utility IPONirman Agri Genetics 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₹99.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size54,44,800 shares19,46,400 shares
Fresh Issue Size (Amount)up to ₹41.38 Crup to ₹19.27 Cr
OFS Issue Size8,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.08 Crup to ₹0.00 Cr
Issue Size Total62,44,800 shares19,46,400 shares
Issue Size Total (Amount)up to ₹47.46 Crup to ₹19.27 Cr

IPO Timetable

MOS Utility IPO opens on Mar 31, 2023, while Nirman Agri Genetics IPO opens on Mar 15, 2023. The closing date of MOS Utility IPO and Nirman Agri Genetics IPO is Apr 06, 2023, and Mar 20, 2023, respectively.

 MOS Utility IPONirman Agri Genetics IPO
Anchor Bid DateMar 29, 2023
Issue OpenMar 31, 2023Mar 15, 2023
Issue CloseApr 06, 2023Mar 20, 2023
Basis Of Allotment (Tentative)Apr 12, 2023Mar 23, 2023
Initiation of Refunds (Tentative)Apr 13, 2023Mar 24, 2023
Credit of Share (Tentative)Apr 17, 2023Mar 27, 2023
Listing date (Tentative)Apr 18, 2023Mar 28, 2023
Anchor Lockin End date 1May 12, 2023
Anchor Lockin End date 2Jul 11, 2023

Financials & KPIs

MOS Utility IPO P/E ratio is 48.41, as compared to Nirman Agri Genetics IPO P/E ratio of 14.93.

 MOS Utility IPONirman Agri Genetics IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets49.7135.1324.5925.13
Total Income54.3580.9667.9291.57
Profit After Tax1.961.580.851.29
NET Worth19.418.456.876.02
Reserves and Surplus0.628.266.685.83
Total Borrowing8.7912.968.125.38
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 2021
Assets9.165.961.64
Total Income18.0413.493.82
Profit After Tax2.302.560.05
NET Worth4.482.640.06
Total Borrowing1.711.250.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.9199.99
Promoter Shareholding (Post-Issue)65.59
P/E Ratio48.4114.93
Market Cap₹189.51 Cr.₹59.01 Cr.
ROE20.5996.83
ROCE12.9165.83
Debt/Equity1.530.47
EPS₹0.86₹10.00
RoNW18.6696.83

Shares Offered

In the MOS Utility IPO Retail Individual Investors (RII) are offered 21,85,600 shares while in Nirman Agri Genetics IPO retail investors are offered 21,85,600 shares. Qualified Institutional Buyers (QIB) are offered 15,23,200 shares in MOS Utility IPO and in Nirman Agri Genetics IPO.

 MOS Utility IPONirman Agri Genetics IPO
Anchor Investor Reservation15,98,400 shares
Market Maker Reservation3,29,600 shares1,04,400 shares
QIB15,23,200 shares
NII9,37,600 shares9,73,200 shares
RII21,85,600 shares9,73,200 shares
Employee
Others
Total62,44,800 shares19,46,400 shares

Bids Received (Subscription)

MOS Utility IPO subscribed 21.14x in total, whereas Nirman Agri Genetics IPO subscribed 1.71x.

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MOS Utility IPO Vs Nirman Agri Genetics IPO