Comparison between Magenta Lifecare IPO and Z-Tech IPO.
Magenta Lifecare IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Z-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Magenta Lifecare IPO | Z-Tech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | NVS Brokerage Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Magenta Lifecare IPO is up to ₹6.64 Cr whereas the issue size of the Z-Tech IPO is up to ₹35.43 Cr. The final issue price of Magenta Lifecare IPO is ₹35.00 per share and of Z-Tech IPO is ₹110.00 per share.
| Magenta Lifecare IPO | Z-Tech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹104.00 per share | |
| Issue Price (Upper) | ₹110.00 per share | |
| Issue Price (Final) | ₹35.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1200 shares |
| Fresh Issue Size | 18,96,000 shares | 32,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹6.64 Cr | up to ₹35.43 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 | 18,96,000 shares | 32,20,800 shares |
| Issue Size Total (Amount) | up to ₹6.64 Cr | up to ₹35.43 Cr |
Magenta Lifecare IPO opens on Jun 05, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of Magenta Lifecare IPO and Z-Tech IPO is Jun 07, 2024, and May 31, 2024, respectively.
| Magenta Lifecare IPO | Z-Tech IPO | |
|---|---|---|
| Anchor Bid Date | May 28, 2024 | |
| Issue Open | Jun 05, 2024 | May 29, 2024 |
| Issue Close | Jun 07, 2024 | May 31, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 03, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 05, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 05, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 05, 2024 |
| Anchor Lockin End date 1 | Jul 03, 2024 | |
| Anchor Lockin End date 2 | Sep 01, 2024 |
Magenta Lifecare IPO P/E ratio is 69.43, as compared to Z-Tech IPO P/E ratio of 13.27.
| Magenta Lifecare IPO | Z-Tech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Magenta Lifecare Limited Financial Information (Restated)Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.
| Ztech India Limited Financial Information (Restated Consolidated)Ztech India Limited's revenue increased by 160.28% and profit after tax (PAT) rose by 296.44% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 84.06 | 82.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.59 | 60.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 69.43 | 13.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24.04 Cr. | ₹140.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.62% | 34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.41% | 44.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.50 | ₹8.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.84% | 34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Magenta Lifecare IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Z-Tech IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Magenta Lifecare IPO and 6,44,400 shares in Z-Tech IPO.
| Magenta Lifecare IPO | Z-Tech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,64,800 shares | |
| Market Maker Reserveration | 1,04,000 shares | 1,70,400 shares |
| QIB | 6,44,400 shares | |
| NII | 9,48,000 shares | 4,83,600 shares |
| RII | 9,48,000 shares | 11,28,000 shares |
| Employee | ||
| Others | ||
| Total | 18,96,000 shares | 32,20,800 shares |
Magenta Lifecare IPO subscribed 983.19x in total, whereas Z-Tech IPO subscribed 371.39x.
| Magenta Lifecare IPO | Z-Tech IPO | |
|---|---|---|
| QIB (times) | 123.10x | |
| NII (times) | 1,145.78x | 832.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 778.41x | 315.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 983.19x | 371.39x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
