Mangalam Global Enterprise IPO vs Sona Hi Sona Jewellers IPO

Comparison between Mangalam Global Enterprise IPO and Sona Hi Sona Jewellers IPO.

IPO Details

Mangalam Global Enterprise IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sona Hi Sona Jewellers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mangalam Global Enterprise IPO is up to ₹20.49 Cr whereas the issue size of the Sona Hi Sona Jewellers IPO is up to ₹4.26 Cr. The final issue price of Mangalam Global Enterprise IPO is ₹51.00 per share and of Sona Hi Sona Jewellers IPO is ₹10.00 per share.

 Mangalam Global Enterprise IPOSona Hi Sona Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares10000 shares
Fresh Issue Size40,18,000 shares42,60,000 shares
Fresh Issue Size (Amount)up to ₹20.49 Crup to ₹4.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total40,18,000 shares42,60,000 shares
Issue Size Total (Amount)up to ₹20.49 Crup to ₹4.26 Cr

IPO Timetable

Mangalam Global Enterprise IPO opens on Nov 15, 2019, while Sona Hi Sona Jewellers IPO opens on Sep 30, 2019. The closing date of Mangalam Global Enterprise IPO and Sona Hi Sona Jewellers IPO is Nov 20, 2019, and Oct 04, 2019, respectively.

 Mangalam Global Enterprise IPOSona Hi Sona Jewellers IPO
Issue OpenNov 15, 2019Sep 30, 2019
Issue CloseNov 20, 2019Oct 04, 2019
Basis Of Allotment (Tentative)Nov 25, 2019Oct 10, 2019
Initiation of Refunds (Tentative)Nov 26, 2019Oct 11, 2019
Credit of Share (Tentative)Nov 27, 2019Oct 14, 2019
Listing date (Tentative)Nov 27, 2019Oct 15, 2019

Financials & KPIs

Mangalam Global Enterprise IPO P/E ratio is , as compared to Sona Hi Sona Jewellers IPO P/E ratio of .

 Mangalam Global Enterprise IPOSona Hi Sona Jewellers IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 201931 Mar 201931 Mar 201831 Mar 2017
Assets90.9647.159.356.98
Total Income145.93330.0426.902.69
Profit After Tax1.052.170.260.09
EBITDA2.525.840.420.17
NET Worth33.4832.435.350.09
Reserves and Surplus31.1630.104.800.04
Total Borrowing53.0711.162.396.20
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets22.2422.3112.20
Total Income67.1859.0354.48
Profit After Tax0.390.190.06
NET Worth9.779.384.65
Reserves and Surplus2.482.093.85
Total Borrowing12.3112.787.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.38%100%
Promoter Shareholding (Post-Issue)70.99%73.19%
Market Cap₹81.89 Cr.₹16.79 Cr.

Shares Offered

In the Mangalam Global Enterprise IPO Retail Individual Investors (RII) are offered 20,10,000 shares while in Sona Hi Sona Jewellers IPO retail investors are offered 20,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Mangalam Global Enterprise IPO and in Sona Hi Sona Jewellers IPO.

 Mangalam Global Enterprise IPOSona Hi Sona Jewellers IPO
Market Maker Reservation2,12,000 shares2,40,000 shares
NII20,08,000 shares21,30,000 shares
RII20,10,000 shares21,30,000 shares
Total40,18,000 shares42,60,000 shares

Bids Received (Subscription)

Mangalam Global Enterprise IPO subscribed 1.28x in total, whereas Sona Hi Sona Jewellers IPO subscribed 1.21x.

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Mangalam Global Enterprise IPO Vs Sona Hi Sona Jewellers IPO