Comparison between MCON Rasayan IPO and SVJ Enterprises IPO.
IPO Details
MCON Rasayan IPO is a SME Fixed Price IPO proposed to list at NSE SME while SVJ Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of MCON Rasayan IPO is up to ₹6.48 Cr whereas the issue size of the SVJ Enterprises IPO is up to ₹5.81 Cr. The final issue price of MCON Rasayan IPO is ₹40.00 per share and of SVJ Enterprises IPO is ₹36.00 per share.
IPO Timetable
MCON Rasayan IPO opens on Mar 06, 2023, while SVJ Enterprises IPO opens on Feb 23, 2023. The closing date of MCON Rasayan IPO and SVJ Enterprises IPO is Mar 10, 2023, and Feb 28, 2023, respectively.
| | MCON Rasayan IPO | SVJ Enterprises IPO |
|---|
| Issue Open | Mar 06, 2023 | Feb 23, 2023 |
| Issue Close | Mar 10, 2023 | Feb 28, 2023 |
| Basis Of Allotment (Tentative) | Mar 15, 2023 | Mar 03, 2023 |
| Initiation of Refunds (Tentative) | Mar 16, 2023 | Mar 06, 2023 |
| Credit of Share (Tentative) | Mar 17, 2023 | Mar 08, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 09, 2023 |
Financials & KPIs
MCON Rasayan IPO P/E ratio is 14.71, as compared to SVJ Enterprises IPO P/E ratio of 12.9.
Shares Offered
In the MCON Rasayan IPO Retail Individual Investors (RII) are offered 8,10,000 shares while in SVJ Enterprises IPO retail investors are offered 8,10,000 shares. Qualified Institutional Buyers (QIB) are offered in MCON Rasayan IPO and in SVJ Enterprises IPO.
| | MCON Rasayan IPO | SVJ Enterprises IPO |
|---|
| Market Maker Reservation | 90,000 shares | 87,000 shares |
| NII | 8,10,000 shares | 8,07,000 shares |
| RII | 8,10,000 shares | 8,07,000 shares |
| Total | 16,20,000 shares | 16,14,000 shares |
Bids Received (Subscription)
MCON Rasayan IPO subscribed 380.25x in total, whereas SVJ Enterprises IPO subscribed 1.49x.
