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Mandeep Auto Industries IPO vs Slone Infosystems IPO

Comparison between Mandeep Auto Industries IPO and Slone Infosystems IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Slone Infosystems IPO is a SME Fixed Price proposed to list at NSE SME.

 Mandeep Auto Industries IPOSlone Infosystems IPO
LogoMandeep Auto Industries IPO LogoSlone Infosystems IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersJawa Capital Services Pvt.Ltd.Jawa Capital Services Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Aftertrade Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mandeep Auto Industries IPO is up to ₹23.97 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹10.50 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

 Mandeep Auto Industries IPOSlone Infosystems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹67.00 per share₹79.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size35,78,000 shares13,29,600 shares
Fresh Issue Size (Amount)up to ₹23.97 Crup to ₹10.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,78,000 shares13,29,600 shares
Issue Size Total (Amount)up to ₹23.97 Crup to ₹10.50 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Mandeep Auto Industries IPO and Slone Infosystems IPO is May 15, 2024, and May 07, 2024, respectively.

 Mandeep Auto Industries IPOSlone Infosystems IPO
Anchor Bid Date
Issue OpenMay 13, 2024May 03, 2024
Issue CloseMay 15, 2024May 07, 2024
Basis Of Allotment (Tentative)May 16, 2024May 08, 2024
Initiation of Refunds (Tentative)May 17, 2024May 09, 2024
Credit of Share (Tentative)May 17, 2024May 09, 2024
Listing date (Tentative)May 21, 2024May 10, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Slone Infosystems IPO P/E ratio of 40.94.

 Mandeep Auto Industries IPOSlone Infosystems IPO
Financials

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,424.731,963.151,297.811,050.17
Total Income1,656.762,978.742,189.731,563.49
Profit After Tax214.93104.9164.6949.81
Net Worth820.80453.54413.61280.42
Reserves and Surplus163.81
Amount in ₹ Lakhs

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,978.581,190.711,167.37929.41
Total Income3,434.863,077.402,659.141,157.44
Profit After Tax284.7274.6638.3127.54
Net Worth1,187.51210.49228.70189.61
Reserves and Surplus800.6125.94
Total Borrowing642.66681.53921.15726.10
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9799.43
Promoter Shareholding (Post-Issue)63.5373.01
P/E Ratio10.1540.94
Market Cap₹69.26 Cr.₹41.63 Cr.
ROE30.15%74%
ROCE27.94%34.44%
Debt/Equity1.000.33
EPS₹6.60₹1.93
RoNW25.97%23.98%

Shares Offered

In the Mandeep Auto Industries IPO Retail Individual Investors (RII) are offered 17,90,000 shares while in Slone Infosystems IPO retail investors are offered 17,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Mandeep Auto Industries IPO and in Slone Infosystems IPO.

 Mandeep Auto Industries IPOSlone Infosystems IPO
Anchor Investor Reserveration
Market Maker Reserveration1,90,000 shares70,400 shares
QIB
NII17,88,000 shares6,64,000 shares
RII17,90,000 shares6,65,600 shares
Employee
Others
Total35,78,000 shares13,29,600 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Slone Infosystems IPO subscribed 667.81x.

 Mandeep Auto Industries IPOSlone Infosystems IPO
QIB (times)
NII (times)61.54x756.88x
Big NII (times)
Small NII (times)
RII (times)90.57x540.80x
Employee (times)
Other (times)
Total (times)77.23x667.81x