Comparison between My Mudra IPO and Travels & Rentals IPO.
My Mudra IPO is a SME Fixed Price IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price proposed to list at BSE SME.
| My Mudra IPO | Travels & Rentals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of My Mudra IPO is up to ₹31.57 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹11.63 Cr. The final issue price of My Mudra IPO is ₹110.00 per share and of Travels & Rentals IPO is ₹40.00 per share.
| My Mudra IPO | Travels & Rentals 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 | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 28,70,400 shares | 29,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.57 Cr | up to ₹11.63 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 28,70,400 shares | 29,07,000 shares |
| Issue Size Total (Amount) | up to ₹31.57 Cr | up to ₹11.63 Cr |
My Mudra IPO opens on Sep 05, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of My Mudra IPO and Travels & Rentals IPO is Sep 09, 2024, and Sep 02, 2024, respectively.
| My Mudra IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2024 | |
| Issue Open | Sep 05, 2024 | Aug 29, 2024 |
| Issue Close | Sep 09, 2024 | Sep 02, 2024 |
| Basis Of Allotment (Tentative) | Sep 10, 2024 | Sep 03, 2024 |
| Initiation of Refunds (Tentative) | Sep 11, 2024 | Sep 04, 2024 |
| Credit of Share (Tentative) | Sep 11, 2024 | Sep 04, 2024 |
| Listing date (Tentative) | Sep 12, 2024 | Sep 05, 2024 |
| Anchor Lockin End date 1 | Oct 10, 2024 | |
| Anchor Lockin End date 2 | Dec 09, 2024 |
My Mudra IPO P/E ratio is 11.02, as compared to Travels & Rentals IPO P/E ratio of 10.98.
| My Mudra IPO | Travels & Rentals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.74 | 86.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.84 | 62.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.02 | 10.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹125.31 Cr. | ₹44.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 66.20 | 26.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45.98 | 27.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.98 | ₹3.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 49.74 | 20.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the My Mudra IPO Retail Individual Investors (RII) are offered 10,05,600 shares while in Travels & Rentals 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 Travels & Rentals IPO.
| My Mudra IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,59,200 shares | |
| Market Maker Reservation | 1,53,600 shares | 1,53,000 shares |
| QIB | 5,74,800 shares | |
| NII | 4,30,800 shares | 14,52,000 shares |
| RII | 10,05,600 shares | 14,55,000 shares |
| Employee | ||
| Others | ||
| Total | 28,70,400 shares | 29,07,000 shares |
My Mudra IPO subscribed 102.48x in total, whereas Travels & Rentals IPO subscribed 608.46x.
| My Mudra IPO | Travels & Rentals IPO | |
|---|---|---|
| QIB (times) | 48.83x | |
| NII (times) | 159.37x | 754.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 108.77x | 429.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 102.48x | 608.46x |
