Comparison between Mangal Compusolution IPO and Neelam Linens IPO.
IPO Details
Mangal Compusolution IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Neelam Linens IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Mangal Compusolution IPO is up to ₹15.39 Cr whereas the issue size of the Neelam Linens IPO is up to ₹12.34 Cr. The final issue price of Mangal Compusolution IPO is ₹45.00 per share and of Neelam Linens IPO is ₹24.00 per share.
IPO Timetable
Mangal Compusolution IPO opens on Nov 12, 2024, while Neelam Linens IPO opens on Nov 08, 2024. The closing date of Mangal Compusolution IPO and Neelam Linens IPO is Nov 14, 2024, and Nov 12, 2024, respectively.
| | Mangal Compusolution IPO | Neelam Linens IPO |
|---|
| Anchor Bid Date | | Nov 07, 2024 |
| Issue Open | Nov 12, 2024 | Nov 08, 2024 |
| Issue Close | Nov 14, 2024 | Nov 12, 2024 |
| Basis Of Allotment (Tentative) | Nov 18, 2024 | Nov 13, 2024 |
| Initiation of Refunds (Tentative) | Nov 19, 2024 | Nov 14, 2024 |
| Credit of Share (Tentative) | Nov 19, 2024 | Nov 14, 2024 |
| Listing date (Tentative) | Nov 21, 2024 | Nov 18, 2024 |
| Anchor Lockin End date 1 | | Dec 13, 2024 |
| Anchor Lockin End date 2 | | Feb 11, 2025 |
Financials & KPIs
Mangal Compusolution IPO P/E ratio is 11.66, as compared to Neelam Linens IPO P/E ratio of 14.44.
Shares Offered
In the Mangal Compusolution IPO Retail Individual Investors (RII) are offered 17,10,000 shares while in Neelam Linens IPO retail investors are offered 17,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Mangal Compusolution IPO and 10,32,000 shares in Neelam Linens IPO.
| | Mangal Compusolution IPO | Neelam Linens IPO |
|---|
| Anchor Investor Reservation | | 15,36,000 shares |
| Market Maker Reservation | 1,86,000 shares | 2,76,000 shares |
| QIB | | 10,32,000 shares |
| NII | 17,10,000 shares | 7,74,000 shares |
| RII | 17,10,000 shares | 18,00,000 shares |
| Employee | | |
| Others | | |
| Total | 34,20,000 shares | 51,42,000 shares |
Bids Received (Subscription)
Mangal Compusolution IPO subscribed 34.59x in total, whereas Neelam Linens IPO subscribed 64.49x.
