B Right Realestate IPO vs Mangalam Worldwide IPO

Comparision between B Right Realestate IPO and Mangalam Worldwide IPO.

IPO Details

B Right Realestate IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Mangalam Worldwide IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	B Right Realestate IPO	Mangalam Worldwide IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Beeline Broking Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of B Right Realestate IPO is up to ₹44.36 Cr whereas the issue size of the Mangalam Worldwide IPO is up to ₹65.58 Cr. The final issue price of B Right Realestate IPO is ₹153.00 per share and of Mangalam Worldwide IPO is ₹101.00 per share.

	B Right Realestate IPO	Mangalam Worldwide IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹153.00 per share	₹101.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size	28,99,200 shares	64,93,200 shares
Fresh Issue Size (Amount)	up to ₹44.36 Cr	up to ₹65.58 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,99,200 shares	64,93,200 shares
Issue Size Total (Amount)	up to ₹44.36 Cr	up to ₹65.58 Cr

IPO Timetable

B Right Realestate IPO opens on Jun 30, 2022, while Mangalam Worldwide IPO opens on Jun 30, 2022. The closing date of B Right Realestate IPO and Mangalam Worldwide IPO is Jul 05, 2022, and Jul 04, 2022, respectively.

	B Right Realestate IPO	Mangalam Worldwide IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Jun 30, 2022
Issue Close	Jul 05, 2022	Jul 04, 2022
Basis Of Allotment (Tentative)	Jul 08, 2022	Jul 07, 2022
Initiation of Refunds (Tentative)	Jul 11, 2022	Jul 08, 2022
Credit of Share (Tentative)	Jul 12, 2022	Jul 11, 2022
Listing date (Tentative)	Jul 13, 2022	Jul 11, 2022
Anchor Lockin End date 1	Aug 07, 2022	Aug 06, 2022
Anchor Lockin End date 2	Oct 06, 2022	Oct 05, 2022

Financials

B Right Realestate IPO P/E ratio is 164.52, as compared to Mangalam Worldwide IPO P/E ratio of 20.12.

B Right Realestate IPO

Mangalam Worldwide IPO

Financial

B Right Realestate Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	11759.76	147.04	86.57	3522.69	3459.79
31-Mar-21	13441.76	118.77	58.44	8981.07	8888.17
31-Dec-21	15518.34	115.95	72.3	9053.34	8960.44
Amount in ₹ Lakhs

Mangalam Worldwide Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-21	4740.15	30332.31	265.47	1270.44
31-Mar-22	12265.02	53347.96	1230.98	2746.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

87.04%

Promoter Shareholding (Post-Issue)

71.92%

63.97%

P/E Ratio

164.52

20.12

Market Cap

₹158.07 Cr.

₹247.46 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the B Right Realestate IPO retail investors (RII) are offered 13,76,800 shares while in Mangalam Worldwide IPO retail investors are offered 13,76,800 shares. Qualified institutional buyers (QIB) are offered in B Right Realestate IPO and in Mangalam Worldwide IPO.

	B Right Realestate IPO	Mangalam Worldwide IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,45,600 shares	3,25,200 shares
QIB
NII	13,76,800 shares	30,84,000 shares
RII	13,76,800 shares	30,84,000 shares
Employee
Others
Total	27,53,600 shares	61,68,000 shares

Bids Received (Subscription)

B Right Realestate IPO subscribed 1.21x in total, whereas Mangalam Worldwide IPO subscribed 1.33x.

	B Right Realestate IPO	Mangalam Worldwide IPO
QIB (times)
NII (times)	1.82x	2.20x
Big NII (times)
Small NII (times)
RII (times)	0.60x	0.46x
Employee (times)
Other (times)
Total (times)	1.21x	1.33x

Compare with others

B Right Realestate IPO	Mangalam Worldwide IPO
Veekayem Fashion and Apparels IPO	B Right Realestate IPO
Upsurge Seeds of Agriculture IPO	Jayant Infratech IPO
Agni Green Power IPO	SKP Bearing Industries IPO
Healthy Life Agritec IPO	Veerkrupa Jewellers IPO
Kesar India IPO	Sailani Tours N Travels IPO
Jayant Infratech IPO	Modis Navnirman IPO
SKP Bearing Industries IPO	Pearl Green Clubs and Resorts IPO
Veerkrupa Jewellers IPO	KCK Industries IPO
Sailani Tours N Travels IPO	Goel Food Products IPO
Mangalam Worldwide IPO	Scarnose International IPO

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