Maagh Advertising IPO vs Vedant Asset IPO

Comparison between Maagh Advertising IPO and Vedant Asset IPO.

IPO Details

Maagh Advertising IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Maagh Advertising IPO is up to ₹8.66 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Maagh Advertising IPO is ₹60.00 per share and of Vedant Asset IPO is ₹40.00 per share.

 Maagh Advertising IPOVedant Asset IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹60.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size14,44,000 shares7,08,000 shares
Fresh Issue Size (Amount)up to ₹8.66 Crup to ₹2.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,44,000 shares7,08,000 shares
Issue Size Total (Amount)up to ₹8.66 Crup to ₹2.83 Cr

IPO Timetable

Maagh Advertising IPO opens on Sep 26, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Maagh Advertising IPO and Vedant Asset IPO is Oct 04, 2022, and Oct 04, 2022, respectively.

Financials & KPIs

Maagh Advertising IPO P/E ratio is 37.5, as compared to Vedant Asset IPO P/E ratio of 80.

 Maagh Advertising IPOVedant Asset IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets12.7011.5513.4110.72
Total Income21.8024.5552.6129.90
Profit After Tax0.550.760.820.53
NET Worth4.253.733.012.34
Reserves and Surplus2.493.723.002.33
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets2.552.390.83
Total Income1.671.130.61
Profit After Tax0.140.090.03
NET Worth2.282.140.05
Reserves and Surplus0.270.130.04
Total Borrowing0.000.170.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9599.99
Promoter Shareholding (Post-Issue)53.6372.83
P/E Ratio37.580
Market Cap₹19.68 Cr.₹11.05 Cr.
ROE
ROCE
Debt/Equity
EPS₹2.99₹0.69
RoNW12.366.05

Shares Offered

In the Maagh Advertising IPO Retail Individual Investors (RII) are offered 7,22,000 shares while in Vedant Asset IPO retail investors are offered 7,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Maagh Advertising IPO and in Vedant Asset IPO.

 Maagh Advertising IPOVedant Asset IPO
Anchor Investor Reservation
Market Maker Reservation76,000 shares42,000 shares
QIB
NII7,22,000 shares3,54,000 shares
RII7,22,000 shares3,54,000 shares
Employee
Others
Total14,44,000 shares7,08,000 shares

Bids Received (Subscription)

Maagh Advertising IPO subscribed 1.18x in total, whereas Vedant Asset IPO subscribed 49.07x.

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Maagh Advertising IPO Vs Vedant Asset IPO