Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Mayank Cattle Food IPO vs Wise Travel IPO

Comparison between Mayank Cattle Food IPO and Wise Travel IPO.

IPO Details

Mayank Cattle Food IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Wise Travel IPO is a SME Bookbuilding proposed to list at NSE SME.

 Mayank Cattle Food IPOWise Travel IPO
LogoMayank Cattle Food IPO LogoWise Travel IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Share India Capital Services Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Beetal Financial & Computer Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.Share India Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mayank Cattle Food IPO is up to ₹18.47 Cr whereas the issue size of the Wise Travel IPO is up to ₹88.24 Cr. The final issue price of Mayank Cattle Food IPO is ₹108.00 per share and of Wise Travel IPO is ₹147.00 per share.

 Mayank Cattle Food IPOWise Travel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹147.00 per share
Issue Price (Final)₹108.00 per share₹147.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares1000 shares
Fresh Issue Size17,10,000 shares60,03,000 shares
Fresh Issue Size (Amount)up to ₹18.47 Crup to ₹88.24 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares60,03,000 shares
Issue Size Total (Amount)up to ₹18.47 Crup to ₹88.24 Cr

IPO Timetable

Mayank Cattle Food IPO opens on Jan 29, 2024, while Wise Travel IPO opens on Feb 12, 2024. The closing date of Mayank Cattle Food IPO and Wise Travel IPO is Jan 31, 2024, and Feb 14, 2024, respectively.

 Mayank Cattle Food IPOWise Travel IPO
Anchor Bid DateFeb 09, 2024
Issue OpenJan 29, 2024Feb 12, 2024
Issue CloseJan 31, 2024Feb 14, 2024
Basis Of Allotment (Tentative)Feb 01, 2024Feb 15, 2024
Initiation of Refunds (Tentative)Feb 02, 2024Feb 16, 2024
Credit of Share (Tentative)Feb 02, 2024Feb 16, 2024
Listing date (Tentative)Feb 05, 2024Feb 19, 2024
Anchor Lockin End date 1Mar 16, 2024
Anchor Lockin End date 2May 15, 2024

Financials & KPIs

Mayank Cattle Food IPO P/E ratio is 29.58, as compared to Wise Travel IPO P/E ratio of 24.81.

 Mayank Cattle Food IPOWise Travel IPO
Financials

Mayank Cattle Food Limited Financial Information (Restated)

Mayank Cattle Food Limited's revenue decreased by -4.15% and profit after tax (PAT) rose by 64.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,122.444,893.644,163.853,433.62
Total Income7,527.1530,958.1432,300.1718,652.89
Profit After Tax57.37131.4379.9271.81
Net Worth533.37475.99344.56264.63
Reserves and Surplus173.37455.99324.56244.63
Total Borrowing3,788.353,961.003,163.532,531.49
Amount in ₹ Lakhs

Wise Travel India Limited Financial Information (Restated)

Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets13,427.8212,161.216,002.645,271.17
Total Income19,016.5324,997.048,970.004,405.51
Profit After Tax1,132.911,029.36377.74172.85
Net Worth5,194.364,061.452,832.102,454.36
Reserves and Surplus3,457.283,745.622,537.102,159.36
Total Borrowing1,627.551,674.50216.3256.59
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97.5095.63
Promoter Shareholding (Post-Issue)65.0069.76
P/E Ratio29.5824.81
Market Cap₹58.32 Cr.₹350.03 Cr.
ROE32%29.79%
ROCE11.27%22.90%
Debt/Equity9.130.65
EPS₹3.65₹5.91
RoNW27.61%25.28%

Shares Offered

In the Mayank Cattle Food IPO Retail Individual Investors (RII) are offered 8,55,600 shares while in Wise Travel IPO retail investors are offered 8,55,600 shares. Qualified Institutional Buyers (QIB) are offered in Mayank Cattle Food IPO and 11,91,000 shares in Wise Travel IPO.

 Mayank Cattle Food IPOWise Travel IPO
Anchor Investor Reserveration17,85,000 shares
Market Maker Reserveration90,000 shares4,38,000 shares
QIB11,91,000 shares
NII8,54,400 shares8,94,000 shares
RII8,55,600 shares20,84,000 shares
Employee49,000 shares
Others
Total17,10,000 shares60,03,000 shares

Bids Received (Subscription)

Mayank Cattle Food IPO subscribed 8.83x in total, whereas Wise Travel IPO subscribed 163.46x.

 Mayank Cattle Food IPOWise Travel IPO
QIB (times)106.69x
NII (times)5.90x375.56x
Big NII (times)
Small NII (times)
RII (times)11.77x108.76x
Employee (times)
Other (times)
Total (times)8.83x163.46x