Maks Energy Solutions IPO vs Tapi Fruit Processing IPO

Comparison between Maks Energy Solutions IPO and Tapi Fruit Processing IPO.

IPO Details

Maks Energy Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tapi Fruit Processing IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Maks Energy Solutions IPO is up to ₹3.79 Cr whereas the issue size of the Tapi Fruit Processing IPO is up to ₹4.92 Cr. The final issue price of Maks Energy Solutions IPO is ₹20.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.

 Maks Energy Solutions IPOTapi Fruit Processing IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares3000 shares
Fresh Issue Size18,96,000 shares10,26,000 shares
Fresh Issue Size (Amount)up to ₹3.79 Crup to ₹4.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,96,000 shares10,26,000 shares
Issue Size Total (Amount)up to ₹3.79 Crup to ₹4.92 Cr

IPO Timetable

Maks Energy Solutions IPO opens on Sep 16, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Maks Energy Solutions IPO and Tapi Fruit Processing IPO is Sep 20, 2022, and Sep 14, 2022, respectively.

Financials & KPIs

Maks Energy Solutions IPO P/E ratio is , as compared to Tapi Fruit Processing IPO P/E ratio of 120.

 Maks Energy Solutions IPOTapi Fruit Processing IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets35.8741.1542.31
Total Income28.2520.9243.35
Profit After Tax0.51-0.011.69
NET Worth0.000.000.00
Reserves and Surplus0.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets8.037.375.89
Total Income15.2213.1311.46
Profit After Tax0.160.10-0.01
NET Worth0.430.270.17
Reserves and Surplus0.180.02-0.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.94
Promoter Shareholding (Post-Issue)71.19
P/E Ratio120
Market Cap₹13.87 Cr.₹18.79 Cr.
ROE-8.92
ROCE29.07
Debt/Equity2.1312.40
EPS₹-2.17₹6.24
RoNW-9.3436.26

Shares Offered

In the Maks Energy Solutions IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Tapi Fruit Processing IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Maks Energy Solutions IPO and in Tapi Fruit Processing IPO.

 Maks Energy Solutions IPOTapi Fruit Processing IPO
Anchor Investor Reservation
Market Maker Reservation1,02,000 shares60,000 shares
QIB
NII9,48,000 shares5,13,000 shares
RII9,48,000 shares5,13,000 shares
Employee
Others
Total18,96,000 shares10,26,000 shares

Bids Received (Subscription)

Maks Energy Solutions IPO subscribed 26.31x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.

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Maks Energy Solutions IPO Vs Tapi Fruit Processing IPO