Comparison between MCON Rasayan IPO and Quality Foils IPO.
MCON Rasayan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Quality Foils IPO is a SME Fixed Price proposed to list at NSE SME.
| MCON Rasayan IPO | Quality Foils IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Khambatta Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Econo Broking Pvt.Ltd. | Khambatta Securities 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 Quality Foils IPO is up to ₹4.30 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of Quality Foils IPO is ₹60.00 per share.
| MCON Rasayan IPO | Quality Foils IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹60.00 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 | 7,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.48 Cr | up to ₹4.30 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 | 7,16,000 shares |
| Issue Size Total (Amount) | up to ₹6.48 Cr | up to ₹4.30 Cr |
MCON Rasayan IPO opens on Mar 06, 2023, while Quality Foils IPO opens on Mar 14, 2023. The closing date of MCON Rasayan IPO and Quality Foils IPO is Mar 10, 2023, and Mar 16, 2023, respectively.
| MCON Rasayan IPO | Quality Foils IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 06, 2023 | Mar 14, 2023 |
| Issue Close | Mar 10, 2023 | Mar 16, 2023 |
| Basis Of Allotment (Tentative) | Mar 15, 2023 | Mar 21, 2023 |
| Initiation of Refunds (Tentative) | Mar 16, 2023 | Mar 22, 2023 |
| Credit of Share (Tentative) | Mar 17, 2023 | Mar 23, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 24, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
MCON Rasayan IPO P/E ratio is 14.71, as compared to Quality Foils IPO P/E ratio of 4.16.
| MCON Rasayan IPO | Quality Foils IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.45 | 72.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.71 | 4.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹25.22 Cr. | ₹17.12 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.06 | 8.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.93 | 12.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.35 | 2.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.96 | ₹11.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.06 | 7.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in Quality Foils IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and in Quality Foils IPO.
| MCON Rasayan IPO | Quality Foils IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 38,000 shares |
| QIB | ||
| NII | 8,10,000 shares | 3,58,000 shares |
| RII | 8,10,000 shares | 3,58,000 shares |
| Employee | ||
| Others | ||
| Total | 16,20,000 shares | 7,16,000 shares |
MCON Rasayan IPO subscribed 384.64x in total, whereas Quality Foils IPO subscribed 364.38x.
| MCON Rasayan IPO | Quality Foils IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 307.09x | 464.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 453.41x | 259.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 384.64x | 364.38x |
