Comparison between Credo Brands Marketing IPO and Mukka Proteins IPO.
Credo Brands Marketing 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 Credo Brands Marketing IPO is up to ₹549.78 Cr whereas the issue size of the Mukka Proteins IPO is up to ₹224.00 Cr. The final issue price of Credo Brands Marketing IPO is ₹280.00 per share and of Mukka Proteins IPO is ₹28.00 per share.
| Credo Brands Marketing IPO | Mukka Proteins IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹266.00 per share | ₹26.00 per share |
| Issue Price (Upper) | ₹280.00 per share | ₹28.00 per share |
| Issue Price (Final) | ₹280.00 per share | ₹28.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 53 shares | 535 shares |
| Fresh Issue Size | 0 shares | 8,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹224.00 Cr |
| OFS Issue Size | 1,96,34,960 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹549.78 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,96,34,960 shares | 8,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹549.78 Cr | up to ₹224.00 Cr |
Credo Brands Marketing IPO opens on Dec 19, 2023, while Mukka Proteins IPO opens on Feb 29, 2024. The closing date of Credo Brands Marketing IPO and Mukka Proteins IPO is Dec 21, 2023, and Mar 04, 2024, respectively.
| Credo Brands Marketing 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 |
Credo Brands Marketing IPO P/E ratio is 23.22, as compared to Mukka Proteins IPO P/E ratio of 12.96.
| Credo Brands Marketing IPO | Mukka Proteins IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.66 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.22 | 12.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1800.45 Cr. | ₹840.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.98% | 36.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.16% | 17.62% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | 1.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.54 | ₹2.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.98% | 34.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Credo Brands Marketing IPO Retail Individual Investors (RII) are offered 68,72,236 shares while in Mukka Proteins IPO retail investors are offered 68,72,236 shares. Qualified Institutional Buyers (QIB) are offered 39,26,992 shares in Credo Brands Marketing IPO and 1,60,00,435 shares in Mukka Proteins IPO.
| Credo Brands Marketing IPO | Mukka Proteins IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,90,488 shares | 2,39,99,565 shares |
| Market Maker Reservation | ||
| QIB | 39,26,992 shares | 1,60,00,435 shares |
| NII | 29,45,244 shares | 1,20,00,000 shares |
| RII | 68,72,236 shares | 2,80,00,000 shares |
| Employee | ||
| Others | ||
| Total | 1,96,34,960 shares | 8,00,00,000 shares |
Credo Brands Marketing IPO subscribed 51.85x in total, whereas Mukka Proteins IPO subscribed 136.99x.
| Credo Brands Marketing IPO | Mukka Proteins IPO | |
|---|---|---|
| QIB (times) | 104.95x | 189.28x |
| NII (times) | 55.52x | 250.39x |
| Big NII (times) | 55.73x | 254.15x |
| Small NII (times) | 55.10x | 242.86x |
| RII (times) | 19.94x | 58.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 51.85x | 136.99x |
