Comparison between Magson Retail IPO and Synoptics Technologies IPO.
Magson Retail IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synoptics Technologies IPO is a SME Fixed Price proposed to list at NSE SME.
| Magson Retail IPO | Synoptics Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | ISK Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | NNM Securities Pvt.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 Magson Retail IPO is up to ₹13.05 Cr whereas the issue size of the Synoptics Technologies IPO is up to ₹51.33 Cr. The final issue price of Magson Retail IPO is ₹65.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.
| Magson Retail IPO | Synoptics Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹65.00 per share | ₹237.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 20,08,000 shares | 13,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.05 Cr | up to ₹32.37 Cr |
| OFS Issue Size | 0 shares | 8,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹18.96 Cr |
| Issue Size Total | 20,08,000 shares | 21,66,000 shares |
| Issue Size Total (Amount) | up to ₹13.05 Cr | up to ₹51.33 Cr |
Magson Retail IPO opens on Jun 23, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of Magson Retail IPO and Synoptics Technologies IPO is Jun 27, 2023, and Jul 05, 2023, respectively.
| Magson Retail IPO | Synoptics Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 23, 2023 | Jun 30, 2023 |
| Issue Close | Jun 27, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 03, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 04, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 05, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 06, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Magson Retail IPO P/E ratio is 20.25, as compared to Synoptics Technologies IPO P/E ratio of 25.32.
| Magson Retail IPO | Synoptics Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.89 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.06 | 73.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.25 | 25.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹51.03 Cr. | ₹200.98 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 0.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.96 | ₹4.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.19 | 19.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Magson Retail IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Synoptics Technologies IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Magson Retail IPO and in Synoptics Technologies IPO.
| Magson Retail IPO | Synoptics Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,06,000 shares | 1,14,000 shares |
| QIB | ||
| NII | 10,04,000 shares | 10,83,000 shares |
| RII | 10,04,000 shares | 10,83,000 shares |
| Employee | ||
| Others | ||
| Total | 20,08,000 shares | 21,66,000 shares |
Magson Retail IPO subscribed 6.74x in total, whereas Synoptics Technologies IPO subscribed 2.66x.
| Magson Retail IPO | Synoptics Technologies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.09x | 2.58x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.38x | 2.54x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.74x | 2.66x |
