Maitreya Medicare IPO vs Transteel Seating Technologies IPO

Comparison between Maitreya Medicare IPO and Transteel Seating Technologies IPO.

IPO Details

Maitreya Medicare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

	Maitreya Medicare IPO	Transteel Seating Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	Pantomath Capital Advisors Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Giriraj Stock Broking Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Maitreya Medicare IPO is up to ₹14.00 Cr whereas the issue size of the Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of Maitreya Medicare IPO is ₹82.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

	Maitreya Medicare IPO	Transteel Seating Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share	₹67.00 per share
Issue Price (Upper)	₹82.00 per share	₹70.00 per share
Issue Price (Final)	₹82.00 per share	₹70.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	17,07,200 shares	60,70,000 shares
Fresh Issue Size (Amount)	up to ₹14.00 Cr	up to ₹42.49 Cr
OFS Issue Size	0 shares	3,56,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹2.49 Cr
Issue Size Total	17,07,200 shares	64,26,000 shares
Issue Size Total (Amount)	up to ₹14.00 Cr	up to ₹44.98 Cr

IPO Timetable

Maitreya Medicare IPO opens on Oct 27, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of Maitreya Medicare IPO and Transteel Seating Technologies IPO is Nov 01, 2023, and Nov 01, 2023, respectively.

	Maitreya Medicare IPO	Transteel Seating Technologies IPO
Anchor Bid Date	Oct 26, 2023	Oct 27, 2023
Issue Open	Oct 27, 2023	Oct 30, 2023
Issue Close	Nov 01, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 05, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 05, 2023
Listing date (Tentative)	Nov 07, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 05, 2023
Anchor Lockin End date 2	Feb 04, 2024	Feb 03, 2024

Financials & KPIs

Maitreya Medicare IPO P/E ratio is 10.34, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

Maitreya Medicare IPO

Transteel Seating Technologies IPO

Financials

Maitreya Medicare Limited Financial Information (Restated Consolidated)

Maitreya Medicare Limited's revenue decreased by -19.69% and profit after tax (PAT) rose by 271.95% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,122.31	2,749.89	2,448.79	2,527.23
Total Income	2,484.51	3,994.91	4,974.41	5,704.44
Profit After Tax	254.05	422.65	113.63	424.34
Net Worth	1,118.31	864.26	471.11	386.22
Reserves and Surplus
Total Borrowing	520.21	585.12	750.25	919.05
Amount in ₹ Lakhs

Transteel Seating Technologies Limited Financial Information (Restated)

Transteel Seating Technologies Limited's revenue increased by 112.4% and profit after tax (PAT) rose by 471.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	10,062.18	8,347.06	3,609.10	2,538.33
Total Income	3,133.39	5,961.43	2,806.74	2,287.74
Profit After Tax	417.64	909.36	159.08	-0.59
Net Worth	2,860.86	2,444.11	629.71	470.63
Reserves and Surplus	1,521.41	2,385.87	605.91	446.82
Total Borrowing	3,853.15	2,691.10	1,326.75	988.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

83.75

Promoter Shareholding (Post-Issue)

73.20

53.83

P/E Ratio

10.34

10.29

Market Cap

₹55.56 Cr.

₹141.25 Cr.

ROE

50.15%

37.21%

ROCE

42.71%

36.69%

Debt/Equity

EPS

₹7.93

₹6.80

RoNW

45.49%

37.21%

Shares Offered

In the Maitreya Medicare IPO Retail Individual Investors (RII) are offered 6,11,200 shares while in Transteel Seating Technologies IPO retail investors are offered 6,11,200 shares. Qualified Institutional Buyers (QIB) are offered 3,29,600 shares in Maitreya Medicare IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

	Maitreya Medicare IPO	Transteel Seating Technologies IPO
Anchor Investor Reserveration	4,94,400 shares	18,60,000 shares
Market Maker Reserveration	1,08,800 shares	7,14,000 shares
QIB	3,29,600 shares	13,50,000 shares
NII	2,72,000 shares	9,66,000 shares
RII	6,11,200 shares	22,50,000 shares
Employee
Others
Total	17,07,200 shares	64,26,000 shares

Bids Received (Subscription)

Maitreya Medicare IPO subscribed 446.79x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

	Maitreya Medicare IPO	Transteel Seating Technologies IPO
QIB (times)	85.41x	12.15x
NII (times)	744.03x	122.88x
Big NII (times)
Small NII (times)
RII (times)	509.40x	39.82x
Employee (times)
Other (times)
Total (times)	446.79x	49.21x

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