Comparison between MCON Rasayan IPO and Prospect Commodities IPO.
MCON Rasayan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prospect Commodities IPO is a SME Fixed Price proposed to list at BSE SME.
| MCON Rasayan IPO | Prospect Commodities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Econo Broking Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of MCON Rasayan IPO is up to ₹6.48 Cr whereas the issue size of the Prospect Commodities IPO is up to ₹7.10 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of Prospect Commodities IPO is ₹61.00 per share.
| MCON Rasayan IPO | Prospect Commodities IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 16,20,000 shares | 11,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.48 Cr | up to ₹7.10 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 | 16,20,000 shares | 11,64,000 shares |
| Issue Size Total (Amount) | up to ₹6.48 Cr | up to ₹7.10 Cr |
MCON Rasayan IPO opens on Mar 06, 2023, while Prospect Commodities IPO opens on Mar 08, 2023. The closing date of MCON Rasayan IPO and Prospect Commodities IPO is Mar 10, 2023, and Mar 13, 2023, respectively.
| MCON Rasayan IPO | Prospect Commodities IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 06, 2023 | Mar 08, 2023 |
| Issue Close | Mar 10, 2023 | Mar 13, 2023 |
| Basis Of Allotment (Tentative) | Mar 15, 2023 | Mar 16, 2023 |
| Initiation of Refunds (Tentative) | Mar 16, 2023 | Mar 17, 2023 |
| Credit of Share (Tentative) | Mar 17, 2023 | Mar 20, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 20, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
MCON Rasayan IPO P/E ratio is 14.71, as compared to Prospect Commodities IPO P/E ratio of 31.44.
| MCON Rasayan IPO | Prospect Commodities IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.45 | 88.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.64 | 61.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.71 | 31.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹25.22 Cr. | ₹24.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.06 | -17.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.93 | -17.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in Prospect Commodities IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and in Prospect Commodities IPO.
| MCON Rasayan IPO | Prospect Commodities IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 62,000 shares |
| QIB | ||
| NII | 8,10,000 shares | 5,82,000 shares |
| RII | 8,10,000 shares | 5,82,000 shares |
| Employee | ||
| Others | ||
| Total | 16,20,000 shares | 11,64,000 shares |
MCON Rasayan IPO subscribed 384.64x in total, whereas Prospect Commodities IPO subscribed 5.31x.
| MCON Rasayan IPO | Prospect Commodities IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 307.09x | 6.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 453.41x | 3.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 384.64x | 5.31x |
