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.
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.
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 IPO | Slone Infosystems IPO |
|---|
| Issue Open | May 13, 2024 | May 03, 2024 |
| Issue Close | May 15, 2024 | May 07, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | May 08, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | May 09, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | May 09, 2024 |
| Listing date (Tentative) | May 21, 2024 | May 10, 2024 |
Financials & KPIs
Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Slone Infosystems IPO P/E ratio of 40.94.
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 IPO | Slone Infosystems IPO |
|---|
| Market Maker Reservation | 1,90,000 shares | 70,400 shares |
| NII | 17,88,000 shares | 6,64,000 shares |
| RII | 17,90,000 shares | 6,65,600 shares |
| Total | 35,78,000 shares | 13,29,600 shares |
Bids Received (Subscription)
Mandeep Auto Industries IPO subscribed 76.06x in total, whereas Slone Infosystems IPO subscribed 648.71x.