MRP Agro IPO vs Party Cruisers IPO

Comparison between MRP Agro IPO and Party Cruisers IPO.

IPO Details

MRP Agro IPO is a SME Fixed Price IPO proposed to list at BSE SME while Party Cruisers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of MRP Agro IPO is up to ₹3.05 Cr whereas the issue size of the Party Cruisers IPO is up to ₹7.36 Cr. The final issue price of MRP Agro IPO is ₹40.00 per share and of Party Cruisers IPO is ₹51.00 per share.

 MRP Agro IPOParty Cruisers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size7,62,000 shares14,44,000 shares
Fresh Issue Size (Amount)up to ₹3.05 Crup to ₹7.36 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,62,000 shares14,44,000 shares
Issue Size Total (Amount)up to ₹3.05 Crup to ₹7.36 Cr

IPO Timetable

MRP Agro IPO opens on Feb 08, 2021, while Party Cruisers IPO opens on Feb 22, 2021. The closing date of MRP Agro IPO and Party Cruisers IPO is Feb 10, 2021, and Feb 25, 2021, respectively.

 MRP Agro IPOParty Cruisers IPO
Issue OpenFeb 08, 2021Feb 22, 2021
Issue CloseFeb 10, 2021Feb 25, 2021
Basis Of Allotment (Tentative)Feb 15, 2021Mar 02, 2021
Initiation of Refunds (Tentative)Mar 03, 2021
Credit of Share (Tentative)Mar 04, 2021
Listing date (Tentative)Feb 18, 2021Mar 05, 2021

Financials & KPIs

MRP Agro IPO P/E ratio is , as compared to Party Cruisers IPO P/E ratio of .

 MRP Agro IPOParty Cruisers IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 2019
Assets4.302.182.62
Total Income8.5736.3518.73
Profit After Tax0.140.190.12
EBITDA0.020.010.01
NET Worth3.981.680.37
Reserves and Surplus1.851.010.12
Total Borrowing0.180.291.47
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets11.6912.2811.9410.14
Total Income1.7115.8918.8815.36
Profit After Tax0.151.301.931.48
NET Worth9.499.268.076.13
Reserves and Surplus5.415.184.026.08
Total Borrowing0.821.010.330.50
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.17%100%
Promoter Shareholding (Post-Issue)67.84%72.86%
Market Cap₹11.92 Cr.₹28.56 Cr.

Shares Offered

In the MRP Agro IPO Retail Individual Investors (RII) are offered 3,81,000 shares while in Party Cruisers IPO retail investors are offered 3,81,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in MRP Agro IPO and in Party Cruisers IPO.

 MRP Agro IPOParty Cruisers IPO
Anchor Investor Reservation0 shares
Market Maker Reservation48,000 shares76,000 shares
QIB0 shares
NII3,81,000 shares7,22,000 shares
RII3,81,000 shares7,22,000 shares
Employee0 shares
Total7,62,000 shares14,44,000 shares

Bids Received (Subscription)

MRP Agro IPO subscribed 3.42x in total, whereas Party Cruisers IPO subscribed 1.30x.

 MRP Agro IPOParty Cruisers IPO
NII (times)2.66x0.34x
RII (times)4.17x2.26x
Total (times)3.42x1.30x

Compare with others

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MRP Agro IPO Vs Party Cruisers IPO