Comparison between M.V.K.Agro Food Product IPO and Zenith Drugs IPO.
IPO Details
M.V.K.Agro Food Product IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Zenith Drugs IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of M.V.K.Agro Food Product IPO is up to ₹62.58 Cr whereas the issue size of the Zenith Drugs IPO is up to ₹33.94 Cr. The final issue price of M.V.K.Agro Food Product IPO is ₹120.00 per share and of Zenith Drugs IPO is ₹79.00 per share.
IPO Timetable
M.V.K.Agro Food Product IPO opens on Feb 29, 2024, while Zenith Drugs IPO opens on Feb 19, 2024. The closing date of M.V.K.Agro Food Product IPO and Zenith Drugs IPO is Mar 04, 2024, and Feb 22, 2024, respectively.
| | M.V.K.Agro Food Product IPO | Zenith Drugs IPO |
|---|
| Anchor Bid Date | | Feb 16, 2024 |
| Issue Open | Feb 29, 2024 | Feb 19, 2024 |
| Issue Close | Mar 04, 2024 | Feb 22, 2024 |
| Basis Of Allotment (Tentative) | Mar 05, 2024 | Feb 23, 2024 |
| Initiation of Refunds (Tentative) | Mar 06, 2024 | Feb 26, 2024 |
| Credit of Share (Tentative) | Mar 06, 2024 | Feb 26, 2024 |
| Listing date (Tentative) | Mar 07, 2024 | Feb 27, 2024 |
| Anchor Lockin End date 1 | | Mar 24, 2024 |
| Anchor Lockin End date 2 | | May 23, 2024 |
Financials & KPIs
M.V.K.Agro Food Product IPO P/E ratio is 31.79, as compared to Zenith Drugs IPO P/E ratio of 18.4.
Shares Offered
In the M.V.K.Agro Food Product IPO Retail Individual Investors (RII) are offered 26,07,600 shares while in Zenith Drugs IPO retail investors are offered 26,07,600 shares. Qualified Institutional Buyers (QIB) are offered in M.V.K.Agro Food Product IPO and 8,59,200 shares in Zenith Drugs IPO.
| | M.V.K.Agro Food Product IPO | Zenith Drugs IPO |
|---|
| Anchor Investor Reservation | | 12,88,000 shares |
| Market Maker Reservation | 2,74,800 shares | 8,52,800 shares |
| QIB | | 8,59,200 shares |
| NII | 26,07,600 shares | 6,44,800 shares |
| RII | 26,07,600 shares | 15,04,000 shares |
| Total | 52,15,200 shares | 42,96,000 shares |
Bids Received (Subscription)
M.V.K.Agro Food Product IPO subscribed 8.46x in total, whereas Zenith Drugs IPO subscribed 125.46x.
