Comparison between Marco Cables IPO and Saakshi Medtech IPO.
Marco Cables IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Saakshi Medtech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Marco Cables IPO | Saakshi Medtech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Saakshi Medtech IPO is up to ₹42.88 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Saakshi Medtech IPO is ₹97.00 per share.
| Marco Cables IPO | Saakshi Medtech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹36.00 per share | ₹97.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 23,13,000 shares | 44,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹8.33 Cr | up to ₹42.88 Cr |
| OFS Issue Size | 26,01,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.36 Cr | up to ₹0.00 Cr |
| Issue Size Total | 49,14,000 shares | 44,20,800 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹42.88 Cr |
Marco Cables IPO opens on Sep 21, 2023, while Saakshi Medtech IPO opens on Sep 25, 2023. The closing date of Marco Cables IPO and Saakshi Medtech IPO is Sep 25, 2023, and Sep 27, 2023, respectively.
| Marco Cables IPO | Saakshi Medtech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 21, 2023 | Sep 25, 2023 |
| Issue Close | Sep 25, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Oct 03, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Oct 04, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 05, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Oct 03, 2023 |
| Anchor Lockin End date 1 | Nov 02, 2023 | |
| Anchor Lockin End date 2 | Jan 01, 2024 |
Marco Cables IPO P/E ratio is 20.22, as compared to Saakshi Medtech IPO P/E ratio of 10.18.
| Marco Cables IPO | Saakshi Medtech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.18 | 73.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.22 | 10.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.32 Cr. | ₹171.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.41% | 34.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.93% | 28.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.41 | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.78 | ₹9.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.98% | 29.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Saakshi Medtech IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Marco Cables IPO and 8,84,400 shares in Saakshi Medtech IPO.
| Marco Cables IPO | Saakshi Medtech IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,24,800 shares | |
| Market Maker Reservation | 2,88,000 shares | 2,35,200 shares |
| QIB | 8,84,400 shares | |
| NII | 24,57,000 shares | 6,63,600 shares |
| RII | 24,57,000 shares | 15,48,000 shares |
| Employee | ||
| Others | ||
| Total | 49,14,000 shares | 44,20,800 shares |
Marco Cables IPO subscribed 30.90x in total, whereas Saakshi Medtech IPO subscribed 91.65x.
| Marco Cables IPO | Saakshi Medtech IPO | |
|---|---|---|
| QIB (times) | 37.35x | |
| NII (times) | 24.36x | 200.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 35.24x | 75.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 30.90x | 91.65x |
