Mono Pharmacare IPO vs Pramara Promotions IPO

Comparison between Mono Pharmacare IPO and Pramara Promotions IPO.

IPO Details

Mono Pharmacare IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pramara Promotions IPO is a SME Fixed Price proposed to list at NSE SME.

	Mono Pharmacare IPO	Pramara Promotions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Unistone Capital Pvt.Ltd.	Fedex Securities Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Pure Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mono Pharmacare IPO is up to ₹14.07 Cr whereas the issue size of the Pramara Promotions IPO is up to ₹14.49 Cr. The final issue price of Mono Pharmacare IPO is ₹28.00 per share and of Pramara Promotions IPO is ₹63.00 per share.

	Mono Pharmacare IPO	Pramara Promotions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹26.00 per share
Issue Price (Upper)	₹28.00 per share
Issue Price (Final)	₹28.00 per share	₹63.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size	50,24,000 shares	23,00,000 shares
Fresh Issue Size (Amount)	up to ₹14.07 Cr	up to ₹14.49 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	50,24,000 shares	23,00,000 shares
Issue Size Total (Amount)	up to ₹14.07 Cr	up to ₹14.49 Cr

IPO Timetable

Mono Pharmacare IPO opens on Aug 28, 2023, while Pramara Promotions IPO opens on Sep 01, 2023. The closing date of Mono Pharmacare IPO and Pramara Promotions IPO is Aug 30, 2023, and Sep 05, 2023, respectively.

	Mono Pharmacare IPO	Pramara Promotions IPO
Anchor Bid Date
Issue Open	Aug 28, 2023	Sep 01, 2023
Issue Close	Aug 30, 2023	Sep 05, 2023
Basis Of Allotment (Tentative)	Sep 04, 2023	Sep 08, 2023
Initiation of Refunds (Tentative)	Sep 05, 2023	Sep 11, 2023
Credit of Share (Tentative)	Sep 06, 2023	Sep 12, 2023
Listing date (Tentative)	Sep 07, 2023	Sep 13, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mono Pharmacare IPO P/E ratio is , as compared to Pramara Promotions IPO P/E ratio of .

Mono Pharmacare IPO

Pramara Promotions IPO

Financials

Mono Pharmacare IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	871.70	1,122.46	1,438.31	6,257.39
Total Income	1,168.90	2,837.83	3,710.27
Profit After Tax	1.99	9.51	35.09
Net Worth	201.92	369.58	427.57
Reserves and Surplus				131.71
Total Borrowing	633.46	608.03	643.93

Amount in ₹ Lakhs

Pramara Promotions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	4,922.67	6,194.55	6,139.22
Total Income	4,096.01	4,942.70	5,119.11
Profit After Tax	33.18	134.57	222.59
Net Worth	1,235.43	1,373.96	1,596.50
Reserves and Surplus	1,115.23	1,253.76	944.19
Total Borrowing	3,033.12	3,134.34	3,330.78

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.02

95.41

Promoter Shareholding (Post-Issue)

69.81

P/E Ratio

Market Cap

₹49.47 Cr.

₹56.92 Cr.

ROE

9.01%

13.87%

ROCE

10.34%

15.20%

Debt/Equity

2.92

2.07

EPS

₹1.99

₹3.37

RoNW

9.01%

13.87

Shares Offered

In the Mono Pharmacare IPO Retail Individual Investors (RII) are offered 22,64,000 shares while in Pramara Promotions IPO retail investors are offered 22,64,000 shares. Qualified Institutional Buyers (QIB) are offered 5,00,000 shares in Mono Pharmacare IPO and in Pramara Promotions IPO.

	Mono Pharmacare IPO	Pramara Promotions IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,76,000 shares	1,24,000 shares
QIB	5,00,000 shares
NII	22,60,000 shares	11,50,000 shares
RII	22,64,000 shares	11,50,000 shares
Employee
Others
Total	50,24,000 shares	23,00,000 shares

Bids Received (Subscription)

Mono Pharmacare IPO subscribed 13.42x in total, whereas Pramara Promotions IPO subscribed 25.71x.

	Mono Pharmacare IPO	Pramara Promotions IPO
QIB (times)	10.89x
NII (times)	8.00x	33.99x
Big NII (times)
Small NII (times)
RII (times)	19.40x	17.14x
Employee (times)
Other (times)
Total (times)	13.42x	25.71x

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