Macfos IPO vs Sealmatic India IPO

Comparison between Macfos IPO and Sealmatic India IPO.

IPO Details

Macfos IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sealmatic India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Macfos IPO is up to ₹22.56 Cr whereas the issue size of the Sealmatic India IPO is up to ₹53.41 Cr. The final issue price of Macfos IPO is ₹102.00 per share and of Sealmatic India IPO is ₹225.00 per share.

 Macfos IPOSealmatic India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹96.00 per share₹220.00 per share
Issue Price (Upper)₹102.00 per share₹225.00 per share
Issue Price (Final)₹102.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares600 shares
Fresh Issue Size0 shares17,24,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹38.79 Cr
OFS Issue Size22,11,600 shares6,49,600 shares
OFS Issue Size (Amount)up to ₹22.56 Crup to ₹14.62 Cr
Issue Size Total22,11,600 shares23,73,600 shares
Issue Size Total (Amount)up to ₹22.56 Crup to ₹53.41 Cr

IPO Timetable

Macfos IPO opens on Feb 17, 2023, while Sealmatic India IPO opens on Feb 17, 2023. The closing date of Macfos IPO and Sealmatic India IPO is Feb 21, 2023, and Feb 21, 2023, respectively.

 Macfos IPOSealmatic India IPO
Anchor Bid DateFeb 16, 2023Feb 16, 2023
Issue OpenFeb 17, 2023Feb 17, 2023
Issue CloseFeb 21, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Feb 24, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Feb 27, 2023Feb 27, 2023
Credit of Share (Tentative)Feb 28, 2023Feb 28, 2023
Listing date (Tentative)Mar 01, 2023Mar 01, 2023
Anchor Lockin End date 1Mar 26, 2023Mar 26, 2023
Anchor Lockin End date 2May 25, 2023May 25, 2023

Financials & KPIs

Macfos IPO P/E ratio is 15.22, as compared to Sealmatic India IPO P/E ratio of 18.75.

 Macfos IPOSealmatic India IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets25.9920.479.426.25
Total Income36.0555.8727.3416.22
Profit After Tax2.966.011.580.33
NET Worth12.089.123.110.53
Reserves and Surplus12.079.113.100.52
Total Borrowing9.386.033.504.33
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets51.0939.4729.7623.25
Total Income25.8242.7735.4833.59
Profit After Tax5.438.416.504.94
NET Worth35.5030.1621.7415.25
Reserves and Surplus28.3029.9621.5415.05
Total Borrowing2.240.942.732.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)73.6572.38
P/E Ratio15.2218.75
Market Cap₹90.12 Cr.₹203.63 Cr.
ROE98.3628
ROCE39.6837
Debt/Equity0.660.03
EPS₹6.81₹11.69
RoNW65.9327.9

Shares Offered

In the Macfos IPO Retail Individual Investors (RII) are offered 7,75,200 shares while in Sealmatic India IPO retail investors are offered 7,75,200 shares. Qualified Institutional Buyers (QIB) are offered 4,44,000 shares in Macfos IPO and 3,79,800 shares in Sealmatic India IPO.

 Macfos IPOSealmatic India IPO
Anchor Investor Reservation6,60,000 shares5,69,400 shares
Market Maker Reservation1,16,400 shares1,26,000 shares
QIB4,44,000 shares3,79,800 shares
NII3,32,400 shares4,27,200 shares
RII7,75,200 shares9,97,200 shares
Employee
Others
Total22,11,600 shares23,73,600 shares

Bids Received (Subscription)

Macfos IPO subscribed 193.87x in total, whereas Sealmatic India IPO subscribed 13.50x.

 Macfos IPOSealmatic India IPO
QIB (times)21.60x8.71x
NII (times)659.99x39.14x
Big NII (times)
Small NII (times)
RII (times)268.45x12.06x
Employee (times)
Other (times)
Total (times)193.87x13.50x

Compare with others

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Macfos IPO Vs Sealmatic India IPO