New Swan Multitech IPO vs Shree Marutinandan Tubes IPO

Comparison between New Swan Multitech IPO and Shree Marutinandan Tubes IPO.

IPO Details

New Swan Multitech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of New Swan Multitech IPO is up to ₹31.42 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of New Swan Multitech IPO is ₹66.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

 New Swan Multitech IPOShree Marutinandan Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹62.00 per share
Issue Price (Upper)₹66.00 per share
Issue Price (Final)₹66.00 per share₹143.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size47,60,000 shares9,50,000 shares
Fresh Issue Size (Amount)up to ₹31.42 Crup to ₹13.59 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,60,000 shares9,50,000 shares
Issue Size Total (Amount)up to ₹31.42 Crup to ₹13.59 Cr

IPO Timetable

New Swan Multitech IPO opens on Jan 11, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of New Swan Multitech IPO and Shree Marutinandan Tubes IPO is Jan 15, 2024, and Jan 16, 2024, respectively.

 New Swan Multitech IPOShree Marutinandan Tubes IPO
Anchor Bid DateJan 10, 2024
Issue OpenJan 11, 2024Jan 12, 2024
Issue CloseJan 15, 2024Jan 16, 2024
Basis Of Allotment (Tentative)Jan 16, 2024Jan 17, 2024
Initiation of Refunds (Tentative)Jan 17, 2024Jan 18, 2024
Credit of Share (Tentative)Jan 17, 2024Jan 18, 2024
Listing date (Tentative)Jan 18, 2024Jan 19, 2024
Anchor Lockin End date 1Feb 15, 2024
Anchor Lockin End date 2Apr 15, 2024

Financials & KPIs

New Swan Multitech IPO P/E ratio is 9.32, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

 New Swan Multitech IPOShree Marutinandan Tubes IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets138.01128.76123.49117.70
Total Income77.88151.42145.52149.61
Profit After Tax4.989.923.633.43
NET Worth34.7929.8219.9016.27
Reserves and Surplus20.7926.3216.4012.77
Total Borrowing47.9939.1648.0145.81
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.3416.1812.8513.01
Total Income42.8547.2347.1835.97
Profit After Tax1.422.020.060.13
NET Worth4.102.680.660.60
Reserves and Surplus1.642.470.450.39
Total Borrowing6.077.176.897.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10082.00
Promoter Shareholding (Post-Issue)73.6258.30
P/E Ratio9.3217.44
Market Cap₹125.51 Cr.₹49.48 Cr.
ROE33.27%120.91%
ROCE24.86%78.52%
Debt/Equity1.312.68
EPS₹7.09₹8.20
RoNW33.27%75.36%

Shares Offered

In the New Swan Multitech IPO Retail Individual Investors (RII) are offered 16,66,000 shares while in Shree Marutinandan Tubes IPO retail investors are offered 16,66,000 shares. Qualified Institutional Buyers (QIB) are offered 9,52,000 shares in New Swan Multitech IPO and in Shree Marutinandan Tubes IPO.

 New Swan Multitech IPOShree Marutinandan Tubes IPO
Anchor Investor Reservation14,28,000 shares
Market Maker Reservation2,56,000 shares50,000 shares
QIB9,52,000 shares
NII7,14,000 shares4,75,000 shares
RII16,66,000 shares4,75,000 shares
Employee
Others
Total47,60,000 shares9,50,000 shares

Bids Received (Subscription)

New Swan Multitech IPO subscribed 384.26x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

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