Comparison between Mandeep Auto Industries IPO and Varyaa Creations IPO.
Mandeep Auto Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Varyaa Creations IPO is a SME Fixed Price proposed to list at BSE SME.
| Mandeep Auto Industries IPO | Varyaa Creations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Jawa Capital Services Pvt.Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Svcm 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 Mandeep Auto Industries IPO is up to ₹23.97 Cr whereas the issue size of the Varyaa Creations IPO is up to ₹19.05 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Varyaa Creations IPO is ₹150.00 per share.
| Mandeep Auto Industries IPO | Varyaa Creations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹67.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 35,78,000 shares | 12,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.97 Cr | up to ₹19.05 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 | 35,78,000 shares | 12,70,000 shares |
| Issue Size Total (Amount) | up to ₹23.97 Cr | up to ₹19.05 Cr |
Mandeep Auto Industries IPO opens on May 13, 2024, while Varyaa Creations IPO opens on Apr 22, 2024. The closing date of Mandeep Auto Industries IPO and Varyaa Creations IPO is May 15, 2024, and Apr 25, 2024, respectively.
| Mandeep Auto Industries IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 13, 2024 | Apr 22, 2024 |
| Issue Close | May 15, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | May 21, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Varyaa Creations IPO P/E ratio of 65.56.
| Mandeep Auto Industries IPO | Varyaa Creations IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Mandeep Auto Industries Limited Financial Information (Restated Standalone)Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% between the financial year ending with March 31, 2023 and March 31, 2022.
| Varyaa Creations Limited Financial Information (Restated)Varyaa Creations Limited's revenue increased by 112.55% and profit after tax (PAT) rose by 36.13% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 99.97 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.53 | 72.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.15 | 65.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹69.26 Cr. | ₹71.85 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.15% | 85.52% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.94% | 114.57% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.60 | ₹2.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.97% | 85.52% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mandeep Auto Industries IPO Retail Individual Investors (RII) are offered 17,90,000 shares while in Varyaa Creations IPO retail investors are offered 17,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Mandeep Auto Industries IPO and in Varyaa Creations IPO.
| Mandeep Auto Industries IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,90,000 shares | 70,000 shares |
| QIB | ||
| NII | 17,88,000 shares | 6,35,000 shares |
| RII | 17,90,000 shares | 6,35,000 shares |
| Employee | ||
| Others | ||
| Total | 35,78,000 shares | 12,70,000 shares |
Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Varyaa Creations IPO subscribed 3.59x.
| Mandeep Auto Industries IPO | Varyaa Creations IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 61.54x | 1.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 90.57x | 6.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 77.23x | 3.59x |
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