Manomay Tex IPO vs Sanginita Chemicals IPO

Comparison between Manomay Tex IPO and Sanginita Chemicals IPO.

IPO Details

Manomay Tex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sanginita Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Manomay Tex IPO is up to ₹10.82 Cr whereas the issue size of the Sanginita Chemicals IPO is up to ₹9.53 Cr. The final issue price of Manomay Tex IPO is ₹30.00 per share and of Sanginita Chemicals IPO is ₹22.00 per share.

 Manomay Tex IPOSanginita Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹30.00 per share
Issue Price (Final)₹30.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares6000 shares
Fresh Issue Size36,08,000 shares43,32,000 shares
Fresh Issue Size (Amount)up to ₹10.82 Crup to ₹9.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,08,000 shares43,32,000 shares
Issue Size Total (Amount)up to ₹10.82 Crup to ₹9.53 Cr

IPO Timetable

Manomay Tex IPO opens on Mar 15, 2017, while Sanginita Chemicals IPO opens on Mar 01, 2017. The closing date of Manomay Tex IPO and Sanginita Chemicals IPO is Mar 20, 2017, and Mar 03, 2017, respectively.

 Manomay Tex IPOSanginita Chemicals IPO
Issue OpenMar 15, 2017Mar 01, 2017
Issue CloseMar 20, 2017Mar 03, 2017
Basis Of Allotment (Tentative)Mar 23, 2017
Listing date (Tentative)Mar 28, 2017Mar 10, 2017

Financials & KPIs

Manomay Tex IPO P/E ratio is , as compared to Sanginita Chemicals IPO P/E ratio of .

 Manomay Tex IPOSanginita Chemicals IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets106.0396.2947.6444.62
Total Income145.01218.19166.15101.75
Profit After Tax1.651.340.22-0.76
NET Worth22.1020.0314.0811.23
Reserves and Surplus20.3318.2512.708.88
Total Borrowing51.3753.1620.5422.24
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets54.1943.9250.1744.15
Total Income70.79144.36128.93119.03
Profit After Tax0.711.101.000.84
EBITDA2.65
NET Worth17.4016.6915.3114.30
Reserves and Surplus8.938.227.116.11
Total Borrowing27.9625.1322.7722.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.39%99.92%
Promoter Shareholding (Post-Issue)58.38%73.49%
Market Cap₹38.05 Cr.₹37.99 Cr.

Shares Offered

In the Manomay Tex IPO Retail Individual Investors (RII) are offered 18,04,000 shares while in Sanginita Chemicals IPO retail investors are offered 18,04,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Manomay Tex IPO and 0 shares in Sanginita Chemicals IPO.

 Manomay Tex IPOSanginita Chemicals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,96,000 shares2,34,000 shares
QIB0 shares0 shares
NII18,04,000 shares21,66,000 shares
RII18,04,000 shares21,66,000 shares
Employee0 shares0 shares
Total36,08,000 shares43,32,000 shares

Bids Received (Subscription)

Manomay Tex IPO subscribed 3.72x in total, whereas Sanginita Chemicals IPO subscribed 2.14x.

 Manomay Tex IPOSanginita Chemicals IPO
NII (times)2.71x2.10x
RII (times)4.74x2.19x
Total (times)3.72x2.14x

Compare with others

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Manomay Tex IPO Vs Sanginita Chemicals IPO