Mamata Machinery IPO vs Sanathan Textiles IPO

Comparison between Mamata Machinery IPO and Sanathan Textiles IPO.

IPO Details

Mamata Machinery IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanathan Textiles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Mamata Machinery IPO is up to ₹179.35 Cr whereas the issue size of the Sanathan Textiles IPO is up to ₹550.00 Cr. The final issue price of Mamata Machinery IPO is ₹243.00 per share and of Sanathan Textiles IPO is ₹321.00 per share.

 Mamata Machinery IPOSanathan Textiles IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹230.00 per share₹305.00 per share
Issue Price (Upper)₹243.00 per share₹321.00 per share
Issue Price (Final)₹243.00 per share₹321.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹12.00 per share
Market Lot Size61 shares46 shares
Fresh Issue Size0 shares1,24,61,059 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹400.00 Cr
OFS Issue Size73,82,340 shares46,72,897 shares
OFS Issue Size (Amount)up to ₹179.35 Crup to ₹150.00 Cr
Issue Size Total73,82,340 shares1,71,33,956 shares
Issue Size Total (Amount)up to ₹179.35 Crup to ₹550.00 Cr

IPO Timetable

Mamata Machinery IPO opens on Dec 19, 2024, while Sanathan Textiles IPO opens on Dec 19, 2024. The closing date of Mamata Machinery IPO and Sanathan Textiles IPO is Dec 23, 2024, and Dec 23, 2024, respectively.

 Mamata Machinery IPOSanathan Textiles IPO
Anchor Bid DateDec 18, 2024Dec 18, 2024
Issue OpenDec 19, 2024Dec 19, 2024
Issue CloseDec 23, 2024Dec 23, 2024
Basis Of Allotment (Tentative)Dec 24, 2024Dec 24, 2024
Initiation of Refunds (Tentative)Dec 26, 2024Dec 26, 2024
Credit of Share (Tentative)Dec 26, 2024Dec 26, 2024
Listing date (Tentative)Dec 27, 2024Dec 27, 2024
Anchor Lockin End date 1Jan 22, 2025Jan 23, 2025
Anchor Lockin End date 2Mar 23, 2025Mar 24, 2025

Financials & KPIs

Mamata Machinery IPO P/E ratio is 15.3, as compared to Sanathan Textiles IPO P/E ratio of 17.25.

 Mamata Machinery IPOSanathan Textiles IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets240.85237.49228.47216.33
Total Income29.19241.31210.13196.57
Profit After Tax0.2236.1322.5121.70
NET Worth132.82131.88127.38103.56
Total Borrowing4.3411.6018.6320.86
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,529.532,203.681,906.671,796.47
Total Income787.762,979.803,345.023,201.46
Profit After Tax50.07133.85152.74355.44
NET Worth1,324.061,273.981,140.13987.39
Total Borrowing644.93379.88281.00378.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.4598.61
Promoter Shareholding (Post-Issue)62.4578.52
P/E Ratio15.317.25
Market Cap₹552.82 Cr.₹2709.37 Cr.
ROE27.76%11.09%
ROCE31.29%11.80%
Debt/Equity0.090.17
EPS₹15.88₹18.60
RoNW27.39%10.42%

Shares Offered

In the Mamata Machinery IPO Retail Individual Investors (RII) are offered 25,71,569 shares while in Sanathan Textiles IPO retail investors are offered 25,71,569 shares. Qualified Institutional Buyers (QIB) are offered 14,69,557 shares in Mamata Machinery IPO and 34,26,791 shares in Sanathan Textiles IPO.

 Mamata Machinery IPOSanathan Textiles IPO
Anchor Investor Reservation22,04,113 shares51,40,186 shares
Market Maker Reservation
QIB14,69,557 shares34,26,791 shares
NII11,02,101 shares25,70,094 shares
RII25,71,569 shares59,96,885 shares
Employee35,000 shares
Others
Total73,82,340 shares1,71,33,956 shares

Bids Received (Subscription)

Mamata Machinery IPO subscribed 194.95x in total, whereas Sanathan Textiles IPO subscribed 36.90x.

 Mamata Machinery IPOSanathan Textiles IPO
QIB (times)235.88x79.59x
NII (times)274.38x44.39x
Big NII (times)222.71x48.47x
Small NII (times)377.72x36.22x
RII (times)138.08x9.31x
Employee (times)153.27x
Other (times)
Total (times)194.95x36.90x

Compare with others

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Mamata Machinery IPO Vs Sanathan Textiles IPO