Comparison between Magenta Lifecare IPO and United Cotfab IPO.
Magenta Lifecare IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.
| Magenta Lifecare IPO | United Cotfab IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Magenta Lifecare IPO is up to ₹6.64 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of Magenta Lifecare IPO is ₹35.00 per share and of United Cotfab IPO is ₹70.00 per share.
| Magenta Lifecare IPO | United Cotfab IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹35.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 18,96,000 shares | 49,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.64 Cr | up to ₹34.47 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 | 18,96,000 shares | 49,24,000 shares |
| Issue Size Total (Amount) | up to ₹6.64 Cr | up to ₹34.47 Cr |
Magenta Lifecare IPO opens on Jun 05, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of Magenta Lifecare IPO and United Cotfab IPO is Jun 07, 2024, and Jun 19, 2024, respectively.
| Magenta Lifecare IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 05, 2024 | Jun 13, 2024 |
| Issue Close | Jun 07, 2024 | Jun 19, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 20, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 21, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 21, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 24, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Magenta Lifecare IPO P/E ratio is 69.43, as compared to United Cotfab IPO P/E ratio of 9.7.
| Magenta Lifecare IPO | United Cotfab IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Magenta Lifecare Limited Financial Information (Restated)Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.
| United Cotfab Limited Financial Information (Restated)United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 84.06 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.59 | 69.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 69.43 | 9.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24.04 Cr. | ₹120.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.62% | 72.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.41% | 26.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.50 | ₹7.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.84% | 63.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Magenta Lifecare IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in United Cotfab IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Magenta Lifecare IPO and in United Cotfab IPO.
| Magenta Lifecare IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,04,000 shares | 2,60,000 shares |
| QIB | ||
| NII | 9,48,000 shares | 24,62,000 shares |
| RII | 9,48,000 shares | 24,62,000 shares |
| Employee | ||
| Others | ||
| Total | 18,96,000 shares | 49,24,000 shares |
Magenta Lifecare IPO subscribed 983.19x in total, whereas United Cotfab IPO subscribed 107.16x.
| Magenta Lifecare IPO | United Cotfab IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1,145.78x | 114.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 778.41x | 77.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 983.19x | 107.16x |
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