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My Mudra IPO vs Naturewings Holidays IPO

Comparison between My Mudra IPO and Naturewings Holidays IPO.

IPO Details

My Mudra IPO is a SME Fixed Price IPO proposed to list at NSE SME while Naturewings Holidays IPO is a SME Fixed Price proposed to list at BSE SME.

 My Mudra IPONaturewings Holidays IPO
LogoMy Mudra IPO LogoNaturewings Holidays IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Fedex Securities Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Pure Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of My Mudra IPO is up to ₹31.57 Cr whereas the issue size of the Naturewings Holidays IPO is up to ₹6.68 Cr. The final issue price of My Mudra IPO is ₹110.00 per share and of Naturewings Holidays IPO is ₹74.00 per share.

 My Mudra IPONaturewings Holidays IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹104.00 per share
Issue Price (Upper)₹110.00 per share
Issue Price (Final)₹110.00 per share₹74.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size28,70,400 shares9,02,400 shares
Fresh Issue Size (Amount)up to ₹31.57 Crup to ₹6.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,70,400 shares9,02,400 shares
Issue Size Total (Amount)up to ₹31.57 Crup to ₹6.68 Cr

IPO Timetable

My Mudra IPO opens on Sep 05, 2024, while Naturewings Holidays IPO opens on Sep 03, 2024. The closing date of My Mudra IPO and Naturewings Holidays IPO is Sep 09, 2024, and Sep 05, 2024, respectively.

 My Mudra IPONaturewings Holidays IPO
Anchor Bid DateSep 04, 2024
Issue OpenSep 05, 2024Sep 03, 2024
Issue CloseSep 09, 2024Sep 05, 2024
Basis Of Allotment (Tentative)Sep 10, 2024Sep 06, 2024
Initiation of Refunds (Tentative)Sep 11, 2024Sep 09, 2024
Credit of Share (Tentative)Sep 11, 2024Sep 09, 2024
Listing date (Tentative)Sep 12, 2024Sep 10, 2024
Anchor Lockin End date 1Oct 10, 2024
Anchor Lockin End date 2Dec 09, 2024

Financials & KPIs

My Mudra IPO P/E ratio is 11.02, as compared to Naturewings Holidays IPO P/E ratio of 14.61.

 My Mudra IPONaturewings Holidays IPO
Financials

My Mudra Fincorp Limited Financial Information (Restated)

My Mudra Fincorp Limited's revenue increased by 33% and profit after tax (PAT) rose by 141% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,027.821,485.01939.6
Total Income7,114.365,355.82,846.18
Profit After Tax835.52346.7546.86
Net Worth1,679.79844.27437.88
Reserves and Surplus1,678.61843.08436.81
Total Borrowing964.41371.1341.2
Amount in ₹ Lakhs

Naturewings Holidays Limited Financial Information (Restated)

Naturewings Holidays Limited's revenue increased by 86% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets571.61514.16309.57
Total Income2,189.971,176.25418.32
Profit After Tax111.9265.0819.89
Net Worth265.63153.7188.63
Reserves and Surplus44.6368.7183.63
Total Borrowing5.126.998.73
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)78.7495.8
Promoter Shareholding (Post-Issue)57.8467.53
P/E Ratio11.0214.61
Market Cap₹125.31 Cr.₹23.39 Cr.
ROE66.20%4.10%
ROCE45.98%5.76%
Debt/Equity0.03
EPS₹9.98₹5.06
RoNW49.74%42.13%

Shares Offered

In the My Mudra IPO Retail Individual Investors (RII) are offered 10,05,600 shares while in Naturewings Holidays IPO retail investors are offered 10,05,600 shares. Qualified Institutional Buyers (QIB) are offered 5,74,800 shares in My Mudra IPO and in Naturewings Holidays IPO.

 My Mudra IPONaturewings Holidays IPO
Anchor Investor Reserveration8,59,200 shares
Market Maker Reserveration1,53,600 shares48,000 shares
QIB5,74,800 shares
NII4,30,800 shares4,51,200 shares
RII10,05,600 shares4,51,200 shares
Employee
Others
Total28,70,400 shares9,02,400 shares

Bids Received (Subscription)

My Mudra IPO subscribed 102.48x in total, whereas Naturewings Holidays IPO subscribed 383.48x.

 My Mudra IPONaturewings Holidays IPO
QIB (times)48.83x
NII (times)159.37x270.65x
Big NII (times)
Small NII (times)
RII (times)108.77x487.17x
Employee (times)
Other (times)
Total (times)102.48x383.48x