Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

My Mudra IPO vs Namo eWaste Management IPO

Comparison between My Mudra IPO and Namo eWaste Management IPO.

IPO Details

My Mudra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Namo eWaste Management IPO is a SME Bookbuilding proposed to list at NSE SME.

 My Mudra IPONamo eWaste Management IPO
LogoMy Mudra IPO LogoNamo eWaste Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor 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 Namo eWaste Management IPO is up to ₹48.63 Cr. The final issue price of My Mudra IPO is ₹110.00 per share and of Namo eWaste Management IPO is ₹85.00 per share.

 My Mudra IPONamo eWaste Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹104.00 per share₹80.00 per share
Issue Price (Upper)₹110.00 per share₹85.00 per share
Issue Price (Final)₹110.00 per share₹85.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size28,70,400 shares57,21,600 shares
Fresh Issue Size (Amount)up to ₹31.57 Crup to ₹48.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,70,400 shares57,21,600 shares
Issue Size Total (Amount)up to ₹31.57 Crup to ₹48.63 Cr

IPO Timetable

My Mudra IPO opens on Sep 05, 2024, while Namo eWaste Management IPO opens on Sep 04, 2024. The closing date of My Mudra IPO and Namo eWaste Management IPO is Sep 09, 2024, and Sep 06, 2024, respectively.

 My Mudra IPONamo eWaste Management IPO
Anchor Bid DateSep 04, 2024Sep 03, 2024
Issue OpenSep 05, 2024Sep 04, 2024
Issue CloseSep 09, 2024Sep 06, 2024
Basis Of Allotment (Tentative)Sep 10, 2024Sep 09, 2024
Initiation of Refunds (Tentative)Sep 11, 2024Sep 10, 2024
Credit of Share (Tentative)Sep 11, 2024Sep 10, 2024
Listing date (Tentative)Sep 12, 2024Sep 11, 2024
Anchor Lockin End date 1Oct 10, 2024Oct 09, 2024
Anchor Lockin End date 2Dec 09, 2024Dec 08, 2024

Financials & KPIs

My Mudra IPO P/E ratio is 11.02, as compared to Namo eWaste Management IPO P/E ratio of 20.96.

 My Mudra IPONamo eWaste Management 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

Namo eWaste Management Limited Financial Information (Restated Standalone)

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6,274.743,912.264,174.34
Total Income10,107.625,856.074,509
Profit After Tax682.9241.56180.89
Net Worth3,526.172,814.762,577.21
Reserves and Surplus1,841.822,109.241,871.69
Total Borrowing1,453.24344.73598.1
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)78.7493.67
Promoter Shareholding (Post-Issue)57.8468.99
P/E Ratio11.0220.96
Market Cap₹125.31 Cr.₹194.37 Cr.
ROE66.20%21.54%
ROCE45.98%20.71%
Debt/Equity0.41
EPS₹9.98₹4.05
RoNW49.74%19.37%

Shares Offered

In the My Mudra IPO Retail Individual Investors (RII) are offered 10,05,600 shares while in Namo eWaste Management IPO retail investors are offered 10,05,600 shares. Qualified Institutional Buyers (QIB) are offered 5,74,800 shares in My Mudra IPO and 11,44,000 shares in Namo eWaste Management IPO.

 My Mudra IPONamo eWaste Management IPO
Anchor Investor Reserveration8,59,200 shares17,15,200 shares
Market Maker Reserveration1,53,600 shares3,02,400 shares
QIB5,74,800 shares11,44,000 shares
NII4,30,800 shares8,59,200 shares
RII10,05,600 shares20,03,200 shares
Employee
Others
Total28,70,400 shares57,21,600 shares

Bids Received (Subscription)

My Mudra IPO subscribed 102.48x in total, whereas Namo eWaste Management IPO subscribed 225.64x.

 My Mudra IPONamo eWaste Management IPO
QIB (times)48.83x151.75x
NII (times)159.37x394.20x
Big NII (times)
Small NII (times)
RII (times)108.77x195.54x
Employee (times)
Other (times)
Total (times)102.48x225.64x