Comparison between Magson Retail IPO and Pentagon Rubber IPO.
IPO Details
Magson Retail IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pentagon Rubber IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Magson Retail IPO is up to ₹13.05 Cr whereas the issue size of the Pentagon Rubber IPO is up to ₹15.36 Cr. The final issue price of Magson Retail IPO is ₹65.00 per share and of Pentagon Rubber IPO is ₹70.00 per share.
IPO Timetable
Magson Retail IPO opens on Jun 23, 2023, while Pentagon Rubber IPO opens on Jun 26, 2023. The closing date of Magson Retail IPO and Pentagon Rubber IPO is Jun 27, 2023, and Jun 30, 2023, respectively.
| | Magson Retail IPO | Pentagon Rubber IPO |
|---|
| Anchor Bid Date | | Jun 23, 2023 |
| Issue Open | Jun 23, 2023 | Jun 26, 2023 |
| Issue Close | Jun 27, 2023 | Jun 30, 2023 |
| Basis Of Allotment (Tentative) | Jul 03, 2023 | Jul 05, 2023 |
| Initiation of Refunds (Tentative) | Jul 04, 2023 | Jul 06, 2023 |
| Credit of Share (Tentative) | Jul 05, 2023 | Jul 07, 2023 |
| Listing date (Tentative) | Jul 06, 2023 | Jul 07, 2023 |
| Anchor Lockin End date 1 | | Aug 04, 2023 |
| Anchor Lockin End date 2 | | Oct 03, 2023 |
Financials & KPIs
Magson Retail IPO P/E ratio is 20.25, as compared to Pentagon Rubber IPO P/E ratio of 18.76.
Shares Offered
In the Magson Retail IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Pentagon Rubber IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Magson Retail IPO and 4,38,000 shares in Pentagon Rubber IPO.
| | Magson Retail IPO | Pentagon Rubber IPO |
|---|
| Anchor Investor Reservation | | 6,56,000 shares |
| Market Maker Reservation | 1,06,000 shares | 1,16,000 shares |
| QIB | | 4,38,000 shares |
| NII | 10,04,000 shares | 3,30,000 shares |
| RII | 10,04,000 shares | 7,70,000 shares |
| Total | 20,08,000 shares | 21,94,000 shares |
Bids Received (Subscription)
Magson Retail IPO subscribed 6.74x in total, whereas Pentagon Rubber IPO subscribed 74.45x.
