Comparison between Happy Forgings IPO and Mukka Proteins IPO.
Happy Forgings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mukka Proteins IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Happy Forgings IPO is up to ₹1,008.59 Cr whereas the issue size of the Mukka Proteins IPO is up to ₹224.00 Cr. The final issue price of Happy Forgings IPO is ₹850.00 per share and of Mukka Proteins IPO is ₹28.00 per share.
| Happy Forgings IPO | Mukka Proteins IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹808.00 per share | ₹26.00 per share |
| Issue Price (Upper) | ₹850.00 per share | ₹28.00 per share |
| Issue Price (Final) | ₹850.00 per share | ₹28.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 17 shares | 535 shares |
| Fresh Issue Size | 47,05,882 shares | 8,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹224.00 Cr |
| OFS Issue Size | 71,59,920 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹608.59 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,18,65,802 shares | 8,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,008.59 Cr | up to ₹224.00 Cr |
Happy Forgings IPO opens on Dec 19, 2023, while Mukka Proteins IPO opens on Feb 29, 2024. The closing date of Happy Forgings IPO and Mukka Proteins IPO is Dec 21, 2023, and Mar 04, 2024, respectively.
| Happy Forgings IPO | Mukka Proteins IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2023 | Feb 28, 2024 |
| Issue Open | Dec 19, 2023 | Feb 29, 2024 |
| Issue Close | Dec 21, 2023 | Mar 04, 2024 |
| Basis Of Allotment (Tentative) | Dec 22, 2023 | Mar 05, 2024 |
| Initiation of Refunds (Tentative) | Dec 26, 2023 | Mar 06, 2024 |
| Credit of Share (Tentative) | Dec 26, 2023 | Mar 06, 2024 |
| Listing date (Tentative) | Dec 27, 2023 | Mar 07, 2024 |
| Anchor Lockin End date 1 | Jan 21, 2024 | Apr 04, 2024 |
| Anchor Lockin End date 2 | Mar 21, 2024 | Jun 03, 2024 |
Happy Forgings IPO P/E ratio is 36.45, as compared to Mukka Proteins IPO P/E ratio of 12.96.
| Happy Forgings IPO | Mukka Proteins IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 88.24 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 78.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 36.45 | 12.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8007.42 Cr. | ₹840.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.12% | 36.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.24% | 17.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹23.32 | ₹2.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.12% | 34.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Happy Forgings IPO Retail Individual Investors (RII) are offered 41,53,031 shares while in Mukka Proteins IPO retail investors are offered 41,53,031 shares. Qualified Institutional Buyers (QIB) are offered 23,73,160 shares in Happy Forgings IPO and 1,60,00,435 shares in Mukka Proteins IPO.
| Happy Forgings IPO | Mukka Proteins IPO | |
|---|---|---|
| Anchor Investor Reservation | 35,59,740 shares | 2,39,99,565 shares |
| Market Maker Reservation | ||
| QIB | 23,73,160 shares | 1,60,00,435 shares |
| NII | 17,79,871 shares | 1,20,00,000 shares |
| RII | 41,53,031 shares | 2,80,00,000 shares |
| Employee | ||
| Others | ||
| Total | 1,18,65,802 shares | 8,00,00,000 shares |
Happy Forgings IPO subscribed 82.63x in total, whereas Mukka Proteins IPO subscribed 136.99x.
| Happy Forgings IPO | Mukka Proteins IPO | |
|---|---|---|
| QIB (times) | 214.65x | 189.28x |
| NII (times) | 63.45x | 250.39x |
| Big NII (times) | 69.87x | 254.15x |
| Small NII (times) | 50.61x | 242.86x |
| RII (times) | 15.40x | 58.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 82.63x | 136.99x |
