Comparison between Macfos IPO and Patron Exim IPO.
IPO Details
Macfos IPO is a SME Fixed Price IPO proposed to list at BSE SME while Patron Exim IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Macfos IPO is up to ₹22.56 Cr whereas the issue size of the Patron Exim IPO is up to ₹15.83 Cr. The final issue price of Macfos IPO is ₹102.00 per share and of Patron Exim IPO is ₹27.00 per share.
IPO Timetable
Macfos IPO opens on Feb 17, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of Macfos IPO and Patron Exim IPO is Feb 21, 2023, and Feb 24, 2023, respectively.
| | Macfos IPO | Patron Exim IPO |
|---|
| Anchor Bid Date | Feb 16, 2023 | |
| Issue Open | Feb 17, 2023 | Feb 21, 2023 |
| Issue Close | Feb 21, 2023 | Feb 24, 2023 |
| Basis Of Allotment (Tentative) | Feb 24, 2023 | Mar 01, 2023 |
| Initiation of Refunds (Tentative) | Feb 27, 2023 | Mar 02, 2023 |
| Credit of Share (Tentative) | Feb 28, 2023 | Mar 03, 2023 |
| Listing date (Tentative) | Mar 01, 2023 | Mar 06, 2023 |
| Anchor Lockin End date 1 | Mar 26, 2023 | |
| Anchor Lockin End date 2 | May 25, 2023 | |
Financials & KPIs
Macfos IPO P/E ratio is 15.22, as compared to Patron Exim IPO P/E ratio of 28.72.
Shares Offered
In the Macfos IPO Retail Individual Investors (RII) are offered 7,75,200 shares while in Patron Exim IPO retail investors are offered 7,75,200 shares. Qualified Institutional Buyers (QIB) are offered 4,44,000 shares in Macfos IPO and in Patron Exim IPO.
| | Macfos IPO | Patron Exim IPO |
|---|
| Anchor Investor Reservation | 6,60,000 shares | |
| Market Maker Reservation | 1,16,400 shares | 3,16,000 shares |
| QIB | 4,44,000 shares | |
| NII | 3,32,400 shares | 29,32,000 shares |
| RII | 7,75,200 shares | 29,32,000 shares |
| Employee | | |
| Others | | |
| Total | 22,11,600 shares | 58,64,000 shares |
Bids Received (Subscription)
Macfos IPO subscribed 193.87x in total, whereas Patron Exim IPO subscribed 1.07x.