MRP Agro IPO vs Shine Fashions IPO

Comparison between MRP Agro IPO and Shine Fashions IPO.

IPO Details

MRP Agro IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shine Fashions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of MRP Agro IPO is up to ₹3.05 Cr whereas the issue size of the Shine Fashions IPO is up to ₹1.51 Cr. The final issue price of MRP Agro IPO is ₹40.00 per share and of Shine Fashions IPO is ₹40.00 per share.

 MRP Agro IPOShine Fashions IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size7,62,000 shares3,78,000 shares
Fresh Issue Size (Amount)up to ₹3.05 Crup to ₹1.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,62,000 shares3,78,000 shares
Issue Size Total (Amount)up to ₹3.05 Crup to ₹1.51 Cr

IPO Timetable

MRP Agro IPO opens on Feb 08, 2021, while Shine Fashions IPO opens on Oct 22, 2020. The closing date of MRP Agro IPO and Shine Fashions IPO is Feb 10, 2021, and Oct 26, 2020, respectively.

 MRP Agro IPOShine Fashions IPO
Issue OpenFeb 08, 2021Oct 22, 2020
Issue CloseFeb 10, 2021Oct 26, 2020
Basis Of Allotment (Tentative)Feb 15, 2021
Listing date (Tentative)Feb 18, 2021Nov 02, 2020

Financials & KPIs

MRP Agro IPO P/E ratio is , as compared to Shine Fashions IPO P/E ratio of .

 MRP Agro IPOShine Fashions IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 2019
Assets4.302.182.62
Total Income8.5736.3518.73
Profit After Tax0.140.190.12
EBITDA0.020.010.01
NET Worth3.981.680.37
Reserves and Surplus1.851.010.12
Total Borrowing0.180.291.47
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 May 202031 Mar 2020
Assets5.374.24
Total Income0.027.96
Profit After Tax-0.030.34
NET Worth3.193.33
Reserves and Surplus2.302.33
Total Borrowing0.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.17%99.98%
Promoter Shareholding (Post-Issue)67.84%71.47%
Market Cap₹11.92 Cr.₹5.60 Cr.

Shares Offered

In the MRP Agro IPO Retail Individual Investors (RII) are offered 3,81,000 shares while in Shine Fashions IPO retail investors are offered 3,81,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in MRP Agro IPO and in Shine Fashions IPO.

 MRP Agro IPOShine Fashions IPO
Anchor Investor Reservation0 shares
Market Maker Reservation48,000 shares21,000 shares
QIB0 shares
NII3,81,000 shares1,89,000 shares
RII3,81,000 shares1,89,000 shares
Employee0 shares
Total7,62,000 shares3,78,000 shares

Bids Received (Subscription)

MRP Agro IPO subscribed 3.42x in total, whereas Shine Fashions IPO subscribed 1.73x.

 MRP Agro IPOShine Fashions IPO
NII (times)2.66x1.83x
RII (times)4.17x1.63x
Total (times)3.42x1.73x

Compare with others

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MRP Agro IPO Vs Shine Fashions IPO