Comparison between Magenta Lifecare IPO and TBI Corn IPO.
Magenta Lifecare IPO is a SME Bookbuilding IPO proposed to list at BSE SME while TBI Corn IPO is a SME Bookbuilding proposed to list at NSE SME.
| Magenta Lifecare IPO | TBI Corn IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Ekadrisht Capital Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Magenta Lifecare IPO is up to ₹6.64 Cr whereas the issue size of the TBI Corn IPO is up to ₹42.68 Cr. The final issue price of Magenta Lifecare IPO is ₹35.00 per share and of TBI Corn IPO is ₹94.00 per share.
| Magenta Lifecare IPO | TBI Corn IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹94.00 per share | |
| Issue Price (Final) | ₹35.00 per share | ₹94.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1200 shares |
| Fresh Issue Size | 18,96,000 shares | 45,40,800 shares |
| Fresh Issue Size (Amount) | up to ₹6.64 Cr | up to ₹42.68 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,96,000 shares | 45,40,800 shares |
| Issue Size Total (Amount) | up to ₹6.64 Cr | up to ₹42.68 Cr |
Magenta Lifecare IPO opens on Jun 05, 2024, while TBI Corn IPO opens on May 31, 2024. The closing date of Magenta Lifecare IPO and TBI Corn IPO is Jun 07, 2024, and Jun 04, 2024, respectively.
| Magenta Lifecare IPO | TBI Corn IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2024 | |
| Issue Open | Jun 05, 2024 | May 31, 2024 |
| Issue Close | Jun 07, 2024 | Jun 04, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 05, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 06, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 06, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 07, 2024 |
| Anchor Lockin End date 1 | Jul 05, 2024 | |
| Anchor Lockin End date 2 | Sep 03, 2024 |
Magenta Lifecare IPO P/E ratio is 69.43, as compared to TBI Corn IPO P/E ratio of 18.33.
| Magenta Lifecare IPO | TBI Corn IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Magenta Lifecare Limited Financial Information (Restated)Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.
| TBI Corn Limited Financial Information (Restated)TBI Corn Limited's revenue increased by 39.07% and profit after tax (PAT) rose by 1419.24% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 84.06 | 76.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.59 | 57.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 69.43 | 18.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24.04 Cr. | ₹170.69 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.62% | 18.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.41% | 18.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.50 | ₹5.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.84% | 18.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Magenta Lifecare IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in TBI Corn IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Magenta Lifecare IPO and 9,07,200 shares in TBI Corn IPO.
| Magenta Lifecare IPO | TBI Corn IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,58,400 shares | |
| Market Maker Reserveration | 1,04,000 shares | 2,40,000 shares |
| QIB | 9,07,200 shares | |
| NII | 9,48,000 shares | 6,82,800 shares |
| RII | 9,48,000 shares | 15,92,400 shares |
| Employee | ||
| Others | ||
| Total | 18,96,000 shares | 45,40,800 shares |
Magenta Lifecare IPO subscribed 983.19x in total, whereas TBI Corn IPO subscribed 231.21x.
| Magenta Lifecare IPO | TBI Corn IPO | |
|---|---|---|
| QIB (times) | 81.41x | |
| NII (times) | 1,145.78x | 516.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 778.41x | 523.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 983.19x | 231.21x |
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