Inox India IPO vs Mukka Proteins IPO

Comparison between Inox India IPO and Mukka Proteins IPO.

IPO Details

Inox India 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.

Issue Size and Price

The total issue size of Inox India IPO is up to ₹1,459.32 Cr whereas the issue size of the Mukka Proteins IPO is up to ₹224.00 Cr. The final issue price of Inox India IPO is ₹660.00 per share and of Mukka Proteins IPO is ₹28.00 per share.

 Inox India IPOMukka Proteins IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹627.00 per share₹26.00 per share
Issue Price (Upper)₹660.00 per share₹28.00 per share
Issue Price (Final)₹660.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size22 shares535 shares
Fresh Issue Size0 shares8,00,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹224.00 Cr
OFS Issue Size2,21,10,955 shares0 shares
OFS Issue Size (Amount)up to ₹1,459.32 Crup to ₹0.00 Cr
Issue Size Total2,21,10,955 shares8,00,00,000 shares
Issue Size Total (Amount)up to ₹1,459.32 Crup to ₹224.00 Cr

IPO Timetable

Inox India IPO opens on Dec 14, 2023, while Mukka Proteins IPO opens on Feb 29, 2024. The closing date of Inox India IPO and Mukka Proteins IPO is Dec 18, 2023, and Mar 04, 2024, respectively.

 Inox India IPOMukka Proteins IPO
Anchor Bid DateDec 13, 2023Feb 28, 2024
Issue OpenDec 14, 2023Feb 29, 2024
Issue CloseDec 18, 2023Mar 04, 2024
Basis Of Allotment (Tentative)Dec 19, 2023Mar 05, 2024
Initiation of Refunds (Tentative)Dec 20, 2023Mar 06, 2024
Credit of Share (Tentative)Dec 20, 2023Mar 06, 2024
Listing date (Tentative)Dec 21, 2023Mar 07, 2024
Anchor Lockin End date 1Jan 18, 2024Apr 04, 2024
Anchor Lockin End date 2Mar 18, 2024Jun 03, 2024

Financials & KPIs

Inox India IPO P/E ratio is 39.22, as compared to Mukka Proteins IPO P/E ratio of 12.96.

 Inox India IPOMukka Proteins IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,155.811,148.36896.75687.20
Total Income580.00984.20803.71608.99
Profit After Tax103.34152.71130.5096.11
NET Worth554.24549.48502.28371.51
Total Borrowing31.0343.3860.37
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets641.18575.16392.30353.93
Total Income612.881,183.80776.15609.95
Profit After Tax32.9847.5325.8211.01
NET Worth159.11128.9287.2564.54
Reserves and Surplus144.92112.5768.5160.80
Total Borrowing317.73254.83173.50159.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.30100
Promoter Shareholding (Post-Issue)75.46
P/E Ratio39.2212.96
Market Cap₹5990.39 Cr.₹840.00 Cr.
ROE27.79%36.71%
ROCE36.53%17.62%
Debt/Equity1.64
EPS₹16.83₹2.16
RoNW27.79%34.19%

Shares Offered

In the Inox India IPO Retail Individual Investors (RII) are offered 77,38,835 shares while in Mukka Proteins IPO retail investors are offered 77,38,835 shares. Qualified Institutional Buyers (QIB) are offered 44,22,191 shares in Inox India IPO and 1,60,00,435 shares in Mukka Proteins IPO.

 Inox India IPOMukka Proteins IPO
Anchor Investor Reservation66,33,285 shares2,39,99,565 shares
Market Maker Reservation
QIB44,22,191 shares1,60,00,435 shares
NII33,16,644 shares1,20,00,000 shares
RII77,38,835 shares2,80,00,000 shares
Employee
Others
Total2,21,10,955 shares8,00,00,000 shares

Bids Received (Subscription)

Inox India IPO subscribed 61.28x in total, whereas Mukka Proteins IPO subscribed 136.99x.

 Inox India IPOMukka Proteins IPO
QIB (times)147.80x189.28x
NII (times)53.20x250.39x
Big NII (times)56.55x254.15x
Small NII (times)46.52x242.86x
RII (times)15.30x58.52x
Employee (times)
Other (times)
Total (times)61.28x136.99x

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Inox India IPO Vs Mukka Proteins IPO