Madhav Copper FPO vs Tranway Technologies IPO

Comparison between Madhav Copper FPO and Tranway Technologies IPO.

IPO Details

Madhav Copper FPO is a SME Fixed Price IPO proposed to list at NSE SME while Tranway Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Madhav Copper FPO is up to ₹24.21 Cr whereas the issue size of the Tranway Technologies IPO is up to ₹4.02 Cr. The final issue price of Madhav Copper FPO is ₹102.00 per share and of Tranway Technologies IPO is ₹10.00 per share.

 Madhav Copper FPOTranway Technologies IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares10000 shares
Fresh Issue Size23,73,600 shares40,20,000 shares
Fresh Issue Size (Amount)up to ₹24.21 Crup to ₹4.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,73,600 shares40,20,000 shares
Issue Size Total (Amount)up to ₹24.21 Crup to ₹4.02 Cr

IPO Timetable

Madhav Copper FPO opens on Jan 27, 2020, while Tranway Technologies IPO opens on Jan 27, 2020. The closing date of Madhav Copper FPO and Tranway Technologies IPO is Jan 30, 2020, and Jan 29, 2020, respectively.

 Madhav Copper FPOTranway Technologies IPO
Issue OpenJan 27, 2020Jan 27, 2020
Issue CloseJan 30, 2020Jan 29, 2020
Basis Of Allotment (Tentative)Feb 04, 2020Feb 03, 2020
Initiation of Refunds (Tentative)Feb 05, 2020Feb 04, 2020
Credit of Share (Tentative)Feb 06, 2020Feb 05, 2020
Listing date (Tentative)Feb 06, 2020Feb 05, 2020

Financials & KPIs

Madhav Copper FPO P/E ratio is 53, as compared to Tranway Technologies IPO P/E ratio of 90.

 Madhav Copper FPOTranway Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets16.968.4312.014.94
Total Income23.6835.6419.691.12
Profit After Tax0.580.660.35-0.43
NET Worth2.662.081.420.32
Reserves and Surplus1.160.58-0.08-0.43
Total Borrowing8.085.516.403.66
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.712.142.421.08
Total Income2.295.183.943.12
Profit After Tax0.060.240.110.12
NET Worth0.620.550.310.20
Reserves and Surplus0.600.530.290.18
Total Borrowing1.721.331.550.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.98%
Promoter Shareholding (Post-Issue)73.04%59.99%
P/E Ratio5390
Market Cap₹276.86 Cr.₹10.60 Cr.

Shares Offered

In the Madhav Copper FPO Retail Individual Investors (RII) are offered 11,86,800 shares while in Tranway Technologies IPO retail investors are offered 11,86,800 shares. Qualified Institutional Buyers (QIB) are offered in Madhav Copper FPO and in Tranway Technologies IPO.

 Madhav Copper FPOTranway Technologies IPO
Market Maker Reservation1,26,000 shares2,20,000 shares
NII11,86,800 shares20,10,000 shares
RII11,86,800 shares20,10,000 shares
Total23,73,600 shares40,20,000 shares

Bids Received (Subscription)

Madhav Copper FPO subscribed 1.74x in total, whereas Tranway Technologies IPO subscribed 1.98x.

 Madhav Copper FPOTranway Technologies IPO
NII (times)1.72x1.09x
RII (times)1.77x2.87x
Total (times)1.74x1.98x

Compare with others

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Madhav Copper FPO Vs Tranway Technologies IPO