Comparison between Mangalam Worldwide IPO and Sailani Tours N Travels IPO.
IPO Details
Mangalam Worldwide IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sailani Tours N Travels IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Mangalam Worldwide IPO is up to ₹62.30 Cr whereas the issue size of the Sailani Tours N Travels IPO is up to ₹1.80 Cr. The final issue price of Mangalam Worldwide IPO is ₹101.00 per share and of Sailani Tours N Travels IPO is ₹15.00 per share.
IPO Timetable
Mangalam Worldwide IPO opens on Jun 30, 2022, while Sailani Tours N Travels IPO opens on Jun 27, 2022. The closing date of Mangalam Worldwide IPO and Sailani Tours N Travels IPO is Jul 04, 2022, and Jun 30, 2022, respectively.
| | Mangalam Worldwide IPO | Sailani Tours N Travels IPO |
|---|
| Issue Open | Jun 30, 2022 | Jun 27, 2022 |
| Issue Close | Jul 04, 2022 | Jun 30, 2022 |
| Basis Of Allotment (Tentative) | Jul 07, 2022 | Jul 05, 2022 |
| Initiation of Refunds (Tentative) | Jul 08, 2022 | Jul 06, 2022 |
| Credit of Share (Tentative) | Jul 11, 2022 | Jul 07, 2022 |
| Listing date (Tentative) | Jul 11, 2022 | Jul 08, 2022 |
Financials & KPIs
Mangalam Worldwide IPO P/E ratio is 20.12, as compared to Sailani Tours N Travels IPO P/E ratio of 187.5.
Shares Offered
In the Mangalam Worldwide IPO Retail Individual Investors (RII) are offered 30,84,000 shares while in Sailani Tours N Travels IPO retail investors are offered 30,84,000 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Worldwide IPO and in Sailani Tours N Travels IPO.
| | Mangalam Worldwide IPO | Sailani Tours N Travels IPO |
|---|
| Market Maker Reservation | 3,25,200 shares | 64,000 shares |
| NII | 30,84,000 shares | 6,00,000 shares |
| RII | 30,84,000 shares | 6,00,000 shares |
| Total | 61,68,000 shares | 12,00,000 shares |
Bids Received (Subscription)
Mangalam Worldwide IPO subscribed 1.33x in total, whereas Sailani Tours N Travels IPO subscribed 3.24x.