Mukka Proteins IPO vs Muthoot Microfin IPO

Comparison between Mukka Proteins IPO and Muthoot Microfin IPO.

IPO Details

Mukka Proteins IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Muthoot Microfin IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Mukka Proteins IPO is up to ₹224.00 Cr whereas the issue size of the Muthoot Microfin IPO is up to ₹960.00 Cr. The final issue price of Mukka Proteins IPO is ₹28.00 per share and of Muthoot Microfin IPO is ₹291.00 per share.

 Mukka Proteins IPOMuthoot Microfin IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹26.00 per share₹277.00 per share
Issue Price (Upper)₹28.00 per share₹291.00 per share
Issue Price (Final)₹28.00 per share₹291.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹14.00 per share
Market Lot Size535 shares51 shares
Fresh Issue Size8,00,00,000 shares2,61,34,205 shares
Fresh Issue Size (Amount)up to ₹224.00 Crup to ₹760.11 Cr
OFS Issue Size0 shares68,72,849 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹199.89 Cr
Issue Size Total8,00,00,000 shares3,30,07,054 shares
Issue Size Total (Amount)up to ₹224.00 Crup to ₹960.00 Cr

IPO Timetable

Mukka Proteins IPO opens on Feb 29, 2024, while Muthoot Microfin IPO opens on Dec 18, 2023. The closing date of Mukka Proteins IPO and Muthoot Microfin IPO is Mar 04, 2024, and Dec 20, 2023, respectively.

 Mukka Proteins IPOMuthoot Microfin IPO
Anchor Bid DateFeb 28, 2024Dec 15, 2023
Issue OpenFeb 29, 2024Dec 18, 2023
Issue CloseMar 04, 2024Dec 20, 2023
Basis Of Allotment (Tentative)Mar 05, 2024Dec 21, 2023
Initiation of Refunds (Tentative)Mar 06, 2024Dec 22, 2023
Credit of Share (Tentative)Mar 06, 2024Dec 22, 2023
Listing date (Tentative)Mar 07, 2024Dec 26, 2023
Anchor Lockin End date 1Apr 04, 2024Jan 20, 2024
Anchor Lockin End date 2Jun 03, 2024Mar 20, 2024

Financials & KPIs

Mukka Proteins IPO P/E ratio is 12.96, as compared to Muthoot Microfin IPO P/E ratio of 24.96.

 Mukka Proteins IPOMuthoot Microfin IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets8,529.205,591.464,183.85
Total Income1,446.34842.94696.28
Profit After Tax163.8947.407.05
NET Worth1,625.851,336.58889.89
Reserves and Surplus1,282.151,040.10642.84
Total Borrowing6,493.183,996.613,015.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10069.08
Promoter Shareholding (Post-Issue)55.47
P/E Ratio12.9624.96
Market Cap₹840.00 Cr.₹4960.82 Cr.
ROE36.71%11.06%
ROCE17.62%
Debt/Equity1.643.99
EPS₹2.16₹11.98
RoNW34.19%10.08%

Shares Offered

In the Mukka Proteins IPO Retail Individual Investors (RII) are offered 2,80,00,000 shares while in Muthoot Microfin IPO retail investors are offered 2,80,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,60,00,435 shares in Mukka Proteins IPO and 65,29,209 shares in Muthoot Microfin IPO.

 Mukka Proteins IPOMuthoot Microfin IPO
Anchor Investor Reservation2,39,99,565 shares97,93,812 shares
Market Maker Reservation
QIB1,60,00,435 shares65,29,209 shares
NII1,20,00,000 shares48,96,907 shares
RII2,80,00,000 shares1,14,26,116 shares
Employee3,61,010 shares
Others
Total8,00,00,000 shares3,30,07,054 shares

Bids Received (Subscription)

Mukka Proteins IPO subscribed 136.99x in total, whereas Muthoot Microfin IPO subscribed 12.30x.

 Mukka Proteins IPOMuthoot Microfin IPO
QIB (times)189.28x18.35x
NII (times)250.39x13.87x
Big NII (times)254.15x12.96x
Small NII (times)242.86x15.69x
RII (times)58.52x8.00x
Employee (times)
Other (times)
Total (times)136.99x12.30x

Compare with others

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Mukka Proteins IPO Vs Muthoot Microfin IPO