MOS Utility IPO vs Sancode Technologies IPO

Comparison between MOS Utility IPO and Sancode Technologies IPO.

IPO Details

MOS Utility IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sancode Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of MOS Utility IPO is up to ₹47.46 Cr whereas the issue size of the Sancode Technologies IPO is up to ₹4.88 Cr. The final issue price of MOS Utility IPO is ₹76.00 per share and of Sancode Technologies IPO is ₹47.00 per share.

 MOS Utility IPOSancode Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share
Issue Price (Upper)₹76.00 per share
Issue Price (Final)₹76.00 per share₹47.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size54,44,800 shares10,38,000 shares
Fresh Issue Size (Amount)up to ₹41.38 Crup to ₹4.88 Cr
OFS Issue Size8,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.08 Crup to ₹0.00 Cr
Issue Size Total62,44,800 shares10,38,000 shares
Issue Size Total (Amount)up to ₹47.46 Crup to ₹4.88 Cr

IPO Timetable

MOS Utility IPO opens on Mar 31, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of MOS Utility IPO and Sancode Technologies IPO is Apr 06, 2023, and Apr 06, 2023, respectively.

 MOS Utility IPOSancode Technologies IPO
Anchor Bid DateMar 29, 2023
Issue OpenMar 31, 2023Mar 31, 2023
Issue CloseApr 06, 2023Apr 06, 2023
Basis Of Allotment (Tentative)Apr 12, 2023Apr 12, 2023
Initiation of Refunds (Tentative)Apr 13, 2023Apr 13, 2023
Credit of Share (Tentative)Apr 17, 2023Apr 17, 2023
Listing date (Tentative)Apr 18, 2023Apr 18, 2023
Anchor Lockin End date 1May 12, 2023
Anchor Lockin End date 2Jul 11, 2023

Financials & KPIs

MOS Utility IPO P/E ratio is 48.41, as compared to Sancode Technologies IPO P/E ratio of 10.71.

 MOS Utility IPOSancode Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets49.7135.1324.5925.13
Total Income54.3580.9667.9291.57
Profit After Tax1.961.580.851.29
NET Worth19.418.456.876.02
Reserves and Surplus0.628.266.685.83
Total Borrowing8.7912.968.125.38
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets4.813.503.143.30
Total Income1.812.451.600.43
Profit After Tax0.890.75-0.26-1.13
NET Worth3.682.872.242.21
Reserves and Surplus3.452.642.011.98
Total Borrowing0.210.210.640.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.9197.47
Promoter Shareholding (Post-Issue)71.24
P/E Ratio48.4110.71
Market Cap₹189.51 Cr.₹19.12 Cr.
ROE20.59
ROCE12.91
Debt/Equity1.53
EPS₹0.86₹2.42
RoNW18.6621.93

Shares Offered

In the MOS Utility IPO Retail Individual Investors (RII) are offered 21,85,600 shares while in Sancode Technologies IPO retail investors are offered 21,85,600 shares. Qualified Institutional Buyers (QIB) are offered 15,23,200 shares in MOS Utility IPO and in Sancode Technologies IPO.

 MOS Utility IPOSancode Technologies IPO
Anchor Investor Reservation15,98,400 shares
Market Maker Reservation3,29,600 shares57,000 shares
QIB15,23,200 shares
NII9,37,600 shares5,19,000 shares
RII21,85,600 shares5,19,000 shares
Employee
Others
Total62,44,800 shares10,38,000 shares

Bids Received (Subscription)

MOS Utility IPO subscribed 21.14x in total, whereas Sancode Technologies IPO subscribed 3.68x.

Compare with others

Compare:

MOS Utility IPO Vs Sancode Technologies IPO