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Macobs Technologies IPO vs Tunwal E-Motors IPO

Comparison between Macobs Technologies IPO and Tunwal E-Motors IPO.

IPO Details

Macobs Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tunwal E-Motors IPO is a SME Fixed Price proposed to list at NSE SME.

 Macobs Technologies IPOTunwal E-Motors IPO
LogoMacobs Technologies IPO LogoTunwal E-Motors IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSKI Capital Services Ltd.Horizon Management Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSKI Capital Services Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Macobs Technologies IPO is up to ₹18.48 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹109.86 Cr. The final issue price of Macobs Technologies IPO is ₹75.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.

 Macobs Technologies IPOTunwal E-Motors IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹75.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size24,64,000 shares1,28,70,000 shares
Fresh Issue Size (Amount)up to ₹18.48 Crup to ₹75.93 Cr
OFS Issue Size0 shares57,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹33.93 Cr
Issue Size Total24,64,000 shares1,86,20,000 shares
Issue Size Total (Amount)up to ₹18.48 Crup to ₹109.86 Cr

IPO Timetable

Macobs Technologies IPO opens on Jul 16, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of Macobs Technologies IPO and Tunwal E-Motors IPO is Jul 19, 2024, and Jul 18, 2024, respectively.

 Macobs Technologies IPOTunwal E-Motors IPO
Anchor Bid DateJul 15, 2024
Issue OpenJul 16, 2024Jul 15, 2024
Issue CloseJul 19, 2024Jul 18, 2024
Basis Of Allotment (Tentative)Jul 22, 2024Jul 19, 2024
Initiation of Refunds (Tentative)Jul 23, 2024Jul 22, 2024
Credit of Share (Tentative)Jul 23, 2024Jul 22, 2024
Listing date (Tentative)Jul 24, 2024Jul 23, 2024
Anchor Lockin End date 1Aug 21, 2024
Anchor Lockin End date 2Oct 20, 2024

Financials & KPIs

Macobs Technologies IPO P/E ratio is 24.4, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.

 Macobs Technologies IPOTunwal E-Motors IPO
Financials

Macobs Technologies Limited Financial Information (Restated)

Macobs Technologies Limited's revenue increased by 39.91% and profit after tax (PAT) rose by 8.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,443.44595.05152.51
Total Income2,074.671,482.81602.30
Profit After Tax221.27204.5038.89
Net Worth720.001.001.00
Reserves and Surplus262.77243.5039.00
Total Borrowing250.14107.3520.84
Amount in ₹ Lakhs

Tunwal E-Motors Limited Financial Information (Restated)

Tunwal E-Motors Limited's revenue increased by 37.85% and profit after tax (PAT) rose by 217.11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets7,582.975,694.495,037.44
Total Income10,553.697,655.747,566.42
Profit After Tax1,181.17372.48233.94
Net Worth2,053.08821.91424.43
Reserves and Surplus1,224.06409.40321.55
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)6597.04
Promoter Shareholding (Post-Issue)62.34
P/E Ratio24.420.71
Market Cap₹73.46 Cr.₹326.28 Cr.
ROE36.06%57.53%
ROCE30.53%59.38%
Debt/Equity1.00
EPS₹3.07₹2.85
RoNW22.52%57.53%

Shares Offered

In the Macobs Technologies IPO Retail Individual Investors (RII) are offered 8,62,400 shares while in Tunwal E-Motors IPO retail investors are offered 8,62,400 shares. Qualified Institutional Buyers (QIB) are offered 2,96,000 shares in Macobs Technologies IPO and in Tunwal E-Motors IPO.

 Macobs Technologies IPOTunwal E-Motors IPO
Anchor Investor Reserveration4,43,200 shares
Market Maker Reserveration1,31,200 shares9,80,000 shares
QIB2,96,000 shares
NII8,62,400 shares93,10,000 shares
RII8,62,400 shares93,10,000 shares
Employee
Others
Total24,64,000 shares1,86,20,000 shares

Bids Received (Subscription)

Macobs Technologies IPO subscribed 202.32x in total, whereas Tunwal E-Motors IPO subscribed 12.31x.

 Macobs Technologies IPOTunwal E-Motors IPO
QIB (times)88.92x
NII (times)266.70x7.61x
Big NII (times)
Small NII (times)
RII (times)176.87x16.64x
Employee (times)
Other (times)
Total (times)202.32x12.31x