Mittal Commerce Classes IPO vs Tenty IPO

Comparison between Mittal Commerce Classes IPO and Tenty IPO.

IPO Details

Mittal Commerce Classes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tenty IPO is a SME Bookbuilding proposed to list at NSE SME.

	Mittal Commerce Classes IPO	Tenty IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Seren Capital Pvt.Ltd.	Gretex Corporate Services Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.	CB Management Services Pvt.Ltd.
Market Maker		Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Mittal Commerce Classes IPO is up to ₹0.00 Cr whereas the issue size of the Tenty IPO is up to ₹0.00 Cr. The final issue price of Mittal Commerce Classes IPO is and of Tenty IPO is .

	Mittal Commerce Classes IPO	Tenty IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size	15,12,000 shares	46,19,200 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 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	15,12,000 shares	0 shares
Issue Size Total (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr

IPO Timetable

Mittal Commerce Classes IPO opens on , while Tenty IPO opens on . The closing date of Mittal Commerce Classes IPO and Tenty IPO is , and , respectively.

	Mittal Commerce Classes IPO	Tenty IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mittal Commerce Classes IPO P/E ratio is , as compared to Tenty IPO P/E ratio of .

Mittal Commerce Classes IPO

Tenty IPO

Financials

Mittal Commerce Classes Limited Financial Information (Restated)

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8.81	7.55	4.22	3.2
Total Income	4.44	13.61	7.5	2.24
Profit After Tax	1.03	3.41	0.07	0.13
Net Worth	5.3	4.27	0.86	0.78
Reserves and Surplus	1.1	2.03	0.72	0.64
Total Borrowing	0.8	0.72	1.15	0.77
Amount in ₹ Crore

Tenty Limited Financial Information (Restated)

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	199.9	110.21	81.32
Total Income	363.89	220.5	198.24
Profit After Tax	11.81	4.34	3.45
Net Worth	83.71	36.46	30.76
Reserves and Surplus	77.48	32.07	27.74
Total Borrowing	30.2	33.61	22.28
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.99

88.11

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

133.16%

14.11%

ROCE

94.88%

24.82%

Debt/Equity

0.17

0.36

EPS

RoNW

79.94%

14.11%

Shares Offered

In the Mittal Commerce Classes IPO Retail Individual Investors (RII) are offered while in Tenty IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Mittal Commerce Classes IPO and in Tenty IPO.

	Mittal Commerce Classes IPO	Tenty IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Mittal Commerce Classes IPO subscribed in total, whereas Tenty IPO subscribed .

	Mittal Commerce Classes IPO	Tenty IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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Tenty IPO	Vigor Plast IPO
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Curis Lifesciences IPO	Tankup Engineers IPO