Comparison between Three M Paper Boards IPO and Tunwal E-Motors IPO.
Three M Paper Boards IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tunwal E-Motors IPO is a SME Fixed Price proposed to list at NSE SME.
| Three M Paper Boards IPO | Tunwal E-Motors IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Comfort Securities Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Comfort Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Three M Paper Boards IPO is up to ₹37.83 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹109.86 Cr. The final issue price of Three M Paper Boards IPO is ₹69.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.
| Three M Paper Boards IPO | Tunwal E-Motors IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹67.00 per share | |
| Issue Price (Upper) | ₹69.00 per share | |
| Issue Price (Final) | ₹69.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 54,82,000 shares | 1,28,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.83 Cr | up to ₹75.93 Cr |
| OFS Issue Size | 0 shares | 57,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹33.93 Cr |
| Issue Size Total | 54,82,000 shares | 1,86,20,000 shares |
| Issue Size Total (Amount) | up to ₹37.83 Cr | up to ₹109.86 Cr |
Three M Paper Boards IPO opens on Jul 12, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of Three M Paper Boards IPO and Tunwal E-Motors IPO is Jul 16, 2024, and Jul 18, 2024, respectively.
| Three M Paper Boards IPO | Tunwal E-Motors IPO | |
|---|---|---|
| Anchor Bid Date | Jul 11, 2024 | |
| Issue Open | Jul 12, 2024 | Jul 15, 2024 |
| Issue Close | Jul 16, 2024 | Jul 18, 2024 |
| Basis Of Allotment (Tentative) | Jul 18, 2024 | Jul 19, 2024 |
| Initiation of Refunds (Tentative) | Jul 19, 2024 | Jul 22, 2024 |
| Credit of Share (Tentative) | Jul 19, 2024 | Jul 22, 2024 |
| Listing date (Tentative) | Jul 22, 2024 | Jul 23, 2024 |
| Anchor Lockin End date 1 | Aug 17, 2024 | |
| Anchor Lockin End date 2 | Oct 16, 2024 |
Three M Paper Boards IPO P/E ratio is 8.19, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.
| Three M Paper Boards IPO | Tunwal E-Motors IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Three M Paper Boards Limited Financial Information (Restated Consolidated)Three M Paper Boards Limited's revenue decreased by -16.3% and profit after tax (PAT) rose by 71.53% between the financial year ending with March 31, 2024 and March 31, 2023.
| 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 97.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.00 | 62.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.19 | 20.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹132.74 Cr. | ₹326.28 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.57% | 57.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.71% | 59.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | 1.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.43 | ₹2.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.51% | 57.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Three M Paper Boards IPO Retail Individual Investors (RII) are offered 19,20,000 shares while in Tunwal E-Motors IPO retail investors are offered 19,20,000 shares. Qualified Institutional Buyers (QIB) are offered 10,96,000 shares in Three M Paper Boards IPO and in Tunwal E-Motors IPO.
| Three M Paper Boards IPO | Tunwal E-Motors IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,42,000 shares | |
| Market Maker Reserveration | 2,90,000 shares | 9,80,000 shares |
| QIB | 10,96,000 shares | |
| NII | 8,24,000 shares | 93,10,000 shares |
| RII | 19,20,000 shares | 93,10,000 shares |
| Employee | ||
| Others | ||
| Total | 54,82,000 shares | 1,86,20,000 shares |
Three M Paper Boards IPO subscribed 171.33x in total, whereas Tunwal E-Motors IPO subscribed 12.31x.
| Three M Paper Boards IPO | Tunwal E-Motors IPO | |
|---|---|---|
| QIB (times) | 79.37x | |
| NII (times) | 284.67x | 7.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 175.19x | 16.64x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 171.33x | 12.31x |
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