Qualitek Labs IPO vs Shree Marutinandan Tubes IPO

Comparison between Qualitek Labs IPO and Shree Marutinandan Tubes IPO.

IPO Details

Qualitek Labs 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 Qualitek Labs IPO is up to ₹18.65 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of Qualitek Labs IPO is ₹100.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

 Qualitek Labs IPOShree Marutinandan Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹100.00 per share₹143.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size18,64,800 shares9,50,000 shares
Fresh Issue Size (Amount)up to ₹18.65 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 Total18,64,800 shares9,50,000 shares
Issue Size Total (Amount)up to ₹18.65 Crup to ₹13.59 Cr

IPO Timetable

Qualitek Labs IPO opens on Jan 18, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Qualitek Labs IPO and Shree Marutinandan Tubes IPO is Jan 23, 2024, and Jan 16, 2024, respectively.

Financials & KPIs

Qualitek Labs IPO P/E ratio is 18.21, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

 Qualitek Labs IPOShree Marutinandan Tubes IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets44.1039.5622.2014.60
Total Income12.5119.3512.026.37
Profit After Tax2.012.971.140.46
NET Worth11.879.871.90-0.23
Reserves and Surplus6.474.461.44-0.24
Total Borrowing25.0023.4517.2911.22
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)99.9982.00
Promoter Shareholding (Post-Issue)73.3558.30
P/E Ratio18.2117.44
Market Cap₹73.72 Cr.₹49.48 Cr.
ROE50.49%120.91%
ROCE13.76%78.52%
Debt/Equity2.68
EPS₹5.49₹8.20
RoNW30.10%75.36%

Shares Offered

In the Qualitek Labs IPO Retail Individual Investors (RII) are offered 9,32,400 shares while in Shree Marutinandan Tubes IPO retail investors are offered 9,32,400 shares. Qualified Institutional Buyers (QIB) are offered in Qualitek Labs IPO and in Shree Marutinandan Tubes IPO.

 Qualitek Labs IPOShree Marutinandan Tubes IPO
Anchor Investor Reservation
Market Maker Reservation99,600 shares50,000 shares
QIB
NII9,32,400 shares4,75,000 shares
RII9,32,400 shares4,75,000 shares
Employee
Others
Total18,64,800 shares9,50,000 shares

Bids Received (Subscription)

Qualitek Labs IPO subscribed 58.95x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

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Qualitek Labs IPO Vs Shree Marutinandan Tubes IPO