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Marco Cables IPO vs Techknowgreen Solutions IPO

Comparison between Marco Cables IPO and Techknowgreen Solutions IPO.

IPO Details

Marco Cables IPO is a SME Fixed Price IPO proposed to list at NSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

 Marco Cables IPOTechknowgreen Solutions IPO
LogoMarco Cables IPO LogoTechknowgreen Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Indorient Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.

 Marco Cables IPOTechknowgreen Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹36.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size23,13,000 shares18,46,400 shares
Fresh Issue Size (Amount)up to ₹8.33 Crup to ₹15.88 Cr
OFS Issue Size26,01,000 shares0 shares
OFS Issue Size (Amount)up to ₹9.36 Crup to ₹0.00 Cr
Issue Size Total49,14,000 shares18,46,400 shares
Issue Size Total (Amount)up to ₹17.69 Crup to ₹15.88 Cr

IPO Timetable

Marco Cables IPO opens on Sep 21, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Marco Cables IPO and Techknowgreen Solutions IPO is Sep 25, 2023, and Sep 21, 2023, respectively.

 Marco Cables IPOTechknowgreen Solutions IPO
Anchor Bid Date
Issue OpenSep 21, 2023Sep 18, 2023
Issue CloseSep 25, 2023Sep 21, 2023
Basis Of Allotment (Tentative)Sep 28, 2023Sep 26, 2023
Initiation of Refunds (Tentative)Sep 29, 2023Sep 27, 2023
Credit of Share (Tentative)Oct 03, 2023Sep 28, 2023
Listing date (Tentative)Sep 28, 2023Sep 27, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Marco Cables IPO P/E ratio is 20.22, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.

 Marco Cables IPOTechknowgreen Solutions IPO
Financials
Marco Cables & Conductors IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets5,658.845,954.626,993.44
Total Income4,282.915,665.315,693.72
Profit After Tax12.2533.49280.71
Net Worth911.25944.751,560.86
Reserves and Surplus621.84655.341,238.90
Total Borrowing3,522.223,665.193,757.73
Amount in ₹ Lakhs
Techknowgreen Solutions IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,181.75953.941,237.25
Total Income785.27999.091,486.28
Profit After Tax37.17108.18451.38
Net Worth296.43355.86633.63
Reserves and Surplus-213.20-153.76124.00
Total Borrowing450.71285.86287.40
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0089.02
Promoter Shareholding (Post-Issue)72.1865.58
P/E Ratio20.229.71
Market Cap₹67.32 Cr.₹63.49 Cr.
ROE22.41%88.57%
ROCE16.93%98.74%
Debt/Equity2.410.45
EPS₹1.78₹8.86
RoNW17.98%71.24%

Shares Offered

In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Techknowgreen Solutions IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Marco Cables IPO and in Techknowgreen Solutions IPO.

 Marco Cables IPOTechknowgreen Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration2,88,000 shares97,600 shares
QIB
NII24,57,000 shares9,23,200 shares
RII24,57,000 shares9,23,200 shares
Employee
Others
Total49,14,000 shares18,46,400 shares

Bids Received (Subscription)

Marco Cables IPO subscribed 30.90x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.

 Marco Cables IPOTechknowgreen Solutions IPO
QIB (times)
NII (times)24.36x9.08x
Big NII (times)
Small NII (times)
RII (times)35.24x15.82x
Employee (times)
Other (times)
Total (times)30.90x12.98x