MOS Utility IPO vs Pattech Fitwell Tube IPO

Comparison between MOS Utility IPO and Pattech Fitwell Tube IPO.

IPO Details

MOS Utility IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pattech Fitwell Tube IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of MOS Utility IPO is up to ₹47.46 Cr whereas the issue size of the Pattech Fitwell Tube IPO is up to ₹11.37 Cr. The final issue price of MOS Utility IPO is ₹76.00 per share and of Pattech Fitwell Tube IPO is ₹50.00 per share.

 MOS Utility IPOPattech Fitwell Tube IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share
Issue Price (Upper)₹76.00 per share
Issue Price (Final)₹76.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size54,44,800 shares22,74,000 shares
Fresh Issue Size (Amount)up to ₹41.38 Crup to ₹11.37 Cr
OFS Issue Size8,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.08 Crup to ₹0.00 Cr
Issue Size Total62,44,800 shares22,74,000 shares
Issue Size Total (Amount)up to ₹47.46 Crup to ₹11.37 Cr

IPO Timetable

MOS Utility IPO opens on Mar 31, 2023, while Pattech Fitwell Tube IPO opens on Apr 05, 2023. The closing date of MOS Utility IPO and Pattech Fitwell Tube IPO is Apr 06, 2023, and Apr 12, 2023, respectively.

 MOS Utility IPOPattech Fitwell Tube IPO
Anchor Bid DateMar 29, 2023
Issue OpenMar 31, 2023Apr 05, 2023
Issue CloseApr 06, 2023Apr 12, 2023
Basis Of Allotment (Tentative)Apr 12, 2023Apr 18, 2023
Initiation of Refunds (Tentative)Apr 13, 2023Apr 19, 2023
Credit of Share (Tentative)Apr 17, 2023Apr 20, 2023
Listing date (Tentative)Apr 18, 2023Apr 21, 2023
Anchor Lockin End date 1May 12, 2023
Anchor Lockin End date 2Jul 11, 2023

Financials & KPIs

MOS Utility IPO P/E ratio is 48.41, as compared to Pattech Fitwell Tube IPO P/E ratio of 46.73.

 MOS Utility IPOPattech Fitwell Tube IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets49.7135.1324.5925.13
Total Income54.3580.9667.9291.57
Profit After Tax1.961.580.851.29
NET Worth19.418.456.876.02
Reserves and Surplus0.628.266.685.83
Total Borrowing8.7912.968.125.38
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202221 Aug 202231 Mar 202231 Mar 202131 Mar 2020
Assets26.6125.7225.3013.8711.56
Total Income11.389.6922.6318.4520.39
Profit After Tax0.200.351.44-0.010.08
NET Worth5.295.705.633.211.90
Reserves and Surplus0.200.000.000.000.00
Total Borrowing17.4614.5616.649.768.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.91100
Promoter Shareholding (Post-Issue)69.06
P/E Ratio48.4146.73
Market Cap₹189.51 Cr.₹38.79 Cr.
ROE20.5925.66
ROCE12.9111
Debt/Equity1.53
EPS₹0.86
RoNW18.66

Shares Offered

In the MOS Utility IPO Retail Individual Investors (RII) are offered 21,85,600 shares while in Pattech Fitwell Tube IPO retail investors are offered 21,85,600 shares. Qualified Institutional Buyers (QIB) are offered 15,23,200 shares in MOS Utility IPO and in Pattech Fitwell Tube IPO.

 MOS Utility IPOPattech Fitwell Tube IPO
Anchor Investor Reservation15,98,400 shares
Market Maker Reservation3,29,600 shares1,26,000 shares
QIB15,23,200 shares
NII9,37,600 shares11,37,000 shares
RII21,85,600 shares11,37,000 shares
Employee
Others
Total62,44,800 shares22,74,000 shares

Bids Received (Subscription)

MOS Utility IPO subscribed 21.14x in total, whereas Pattech Fitwell Tube IPO subscribed 1.97x.

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MOS Utility IPO Vs Pattech Fitwell Tube IPO