Comparison between Marco Cables IPO and Sunita Tools IPO.
Marco Cables IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Marco Cables IPO | Sunita Tools IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Marco Cables IPO | Sunita Tools IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 23,13,000 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.33 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 26,01,000 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹9.36 Cr | up to ₹2.90 Cr |
| Issue Size Total | 49,14,000 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹20.91 Cr |
Marco Cables IPO opens on Sep 21, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Marco Cables IPO and Sunita Tools IPO is Sep 25, 2023, and Oct 03, 2023, respectively.
| Marco Cables IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2023 | Sep 26, 2023 |
| Issue Close | Sep 25, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Marco Cables IPO P/E ratio is 20.22, as compared to Sunita Tools IPO P/E ratio of 16.88.
| Marco Cables IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.18 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.22 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.32 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.41% | 1259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.93% | 36.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.41 | 5.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.78 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.98% | 105.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Sunita Tools IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Marco Cables IPO and in Sunita Tools IPO.
| Marco Cables IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,88,000 shares | 78,000 shares |
| QIB | ||
| NII | 24,57,000 shares | 7,21,000 shares |
| RII | 24,57,000 shares | 7,21,000 shares |
| Employee | ||
| Others | ||
| Total | 49,14,000 shares | 14,42,000 shares |
Marco Cables IPO subscribed 30.90x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Marco Cables IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 24.36x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 35.24x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 30.90x | 13.24x |
