Comparison between Magson Retail IPO and Tridhya Tech IPO.
Magson Retail IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tridhya Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Magson Retail IPO | Tridhya Tech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | ISK Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Econo Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Magson Retail IPO is up to ₹13.05 Cr whereas the issue size of the Tridhya Tech IPO is up to ₹25.09 Cr. The final issue price of Magson Retail IPO is ₹65.00 per share and of Tridhya Tech IPO is ₹42.00 per share.
| Magson Retail IPO | Tridhya Tech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹35.00 per share | |
| Issue Price (Upper) | ₹42.00 per share | |
| Issue Price (Final) | ₹65.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 20,08,000 shares | 59,73,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.05 Cr | up to ₹25.09 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 | 20,08,000 shares | 59,73,000 shares |
| Issue Size Total (Amount) | up to ₹13.05 Cr | up to ₹25.09 Cr |
Magson Retail IPO opens on Jun 23, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Magson Retail IPO and Tridhya Tech IPO is Jun 27, 2023, and Jul 05, 2023, respectively.
| Magson Retail IPO | Tridhya Tech IPO | |
|---|---|---|
| Anchor Bid Date | Jun 27, 2023 | |
| Issue Open | Jun 23, 2023 | Jun 30, 2023 |
| Issue Close | Jun 27, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 03, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 04, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 05, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 06, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 1 | Aug 09, 2023 | |
| Anchor Lockin End date 2 | Oct 08, 2023 |
Magson Retail IPO P/E ratio is 20.25, as compared to Tridhya Tech IPO P/E ratio of 26.09.
| Magson Retail IPO | Tridhya Tech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.89 | 80.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.06 | 58.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.25 | 26.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹51.03 Cr. | ₹97.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 0.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.96 | ₹44.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.19 | 22.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Magson Retail IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Tridhya Tech IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Magson Retail IPO and 11,94,000 shares in Tridhya Tech IPO.
| Magson Retail IPO | Tridhya Tech IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,91,000 shares | |
| Market Maker Reservation | 1,06,000 shares | 3,15,000 shares |
| QIB | 11,94,000 shares | |
| NII | 10,04,000 shares | 8,97,000 shares |
| RII | 10,04,000 shares | 20,91,000 shares |
| Employee | ||
| Others | ||
| Total | 20,08,000 shares | 59,73,000 shares |
Magson Retail IPO subscribed 6.74x in total, whereas Tridhya Tech IPO subscribed 72.38x.
| Magson Retail IPO | Tridhya Tech IPO | |
|---|---|---|
| QIB (times) | 15.62x | |
| NII (times) | 6.09x | 181.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.38x | 67.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.74x | 72.38x |
