Comparison between IBL Finance IPO and Shree Marutinandan Tubes IPO.
IBL Finance IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price proposed to list at BSE SME.
| IBL Finance IPO | Shree Marutinandan Tubes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Market-Hub Stock Broking Pvt.Ltd. | Swastika Investmart Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of IBL Finance IPO is up to ₹31.72 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.
| IBL Finance IPO | Shree Marutinandan Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹143.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 62,20,000 shares | 9,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.72 Cr | up to ₹13.59 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 62,20,000 shares | 9,50,000 shares |
| Issue Size Total (Amount) | up to ₹31.72 Cr | up to ₹13.59 Cr |
IBL Finance IPO opens on Jan 09, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of IBL Finance IPO and Shree Marutinandan Tubes IPO is Jan 11, 2024, and Jan 16, 2024, respectively.
| IBL Finance IPO | Shree Marutinandan Tubes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 09, 2024 | Jan 12, 2024 |
| Issue Close | Jan 11, 2024 | Jan 16, 2024 |
| Basis Of Allotment (Tentative) | Jan 12, 2024 | Jan 17, 2024 |
| Initiation of Refunds (Tentative) | Jan 15, 2024 | Jan 18, 2024 |
| Credit of Share (Tentative) | Jan 15, 2024 | Jan 18, 2024 |
| Listing date (Tentative) | Jan 16, 2024 | Jan 19, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IBL Finance IPO P/E ratio is 48.08, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.
| IBL Finance IPO | Shree Marutinandan Tubes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | IBL Finance Limited Financial Information (Restated)IBL Finance Limited's revenue increased by 307.59% and profit after tax (PAT) rose by 351.28% between the financial year ending with March 31, 2023 and March 31, 2022.
| Shree Marutinandan Tubes Limited Financial Information (Restated)Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 85.55 | 82.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.89 | 58.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 48.08 | 17.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹126.13 Cr. | ₹49.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.41% | 120.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.88% | 78.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 2.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.06 | ₹8.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.41% | 75.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IBL Finance IPO Retail Individual Investors (RII) are offered 31,10,000 shares while in Shree Marutinandan Tubes IPO retail investors are offered 31,10,000 shares. Qualified Institutional Buyers (QIB) are offered in IBL Finance IPO and in Shree Marutinandan Tubes IPO.
| IBL Finance IPO | Shree Marutinandan Tubes IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,30,000 shares | 50,000 shares |
| QIB | ||
| NII | 31,10,000 shares | 4,75,000 shares |
| RII | 31,10,000 shares | 4,75,000 shares |
| Employee | ||
| Others | ||
| Total | 62,20,000 shares | 9,50,000 shares |
IBL Finance IPO subscribed 17.00x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.
| IBL Finance IPO | Shree Marutinandan Tubes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 9.94x | 32.67x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.03x | 59.71x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.00x | 47.16x |
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