Comparison between Magenta Lifecare IPO and United Cotfab IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Magenta Lifecare IPO P/E ratio is 69.43, as compared to United Cotfab IPO P/E ratio of 9.7.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,04,000 shares | 2,60,000 shares |
| NII | 9,48,000 shares | 24,62,000 shares |
| RII | 9,48,000 shares | 24,62,000 shares |
| Total | 18,96,000 shares | 49,24,000 shares |
Bids Received (Subscription)
Magenta Lifecare IPO subscribed 962.09x in total, whereas United Cotfab IPO subscribed 107.16x.
