Chetana Education IPO vs Manglam Infra And Engineering IPO

Comparision between Chetana Education IPO and Manglam Infra And Engineering IPO.

IPO Details

Chetana Education IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Manglam Infra And Engineering IPO is a SME Book Built Issue proposed to list at NSE SME.

	Chetana Education IPO	Manglam Infra And Engineering IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Chetana Education IPO is up to ₹45.90 Cr whereas the issue size of the Manglam Infra And Engineering IPO is up to ₹27.62 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Manglam Infra And Engineering IPO is ₹56.00 per share.

	Chetana Education IPO	Manglam Infra And Engineering IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹53.00 per share
Issue Price (Upper)	₹85.00 per share	₹56.00 per share
Issue Price (Final)	₹85.00 per share	₹56.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	54,00,000 shares	49,32,000 shares
Fresh Issue Size (Amount)	up to ₹45.90 Cr	up to ₹27.62 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,00,000 shares	49,32,000 shares
Issue Size Total (Amount)	up to ₹45.90 Cr	up to ₹27.62 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while Manglam Infra And Engineering IPO opens on Jul 24, 2024. The closing date of Chetana Education IPO and Manglam Infra And Engineering IPO is Jul 26, 2024, and Jul 26, 2024, respectively.

	Chetana Education IPO	Manglam Infra And Engineering IPO
Anchor Bid Date	Jul 23, 2024	Jul 23, 2024
Issue Open	Jul 24, 2024	Jul 24, 2024
Issue Close	Jul 26, 2024	Jul 26, 2024
Basis Of Allotment (Tentative)	Jul 29, 2024	Jul 29, 2024
Initiation of Refunds (Tentative)	Jul 30, 2024	Jul 30, 2024
Credit of Share (Tentative)	Jul 30, 2024	Jul 30, 2024
Listing date (Tentative)	Jul 31, 2024	Jul 31, 2024
Anchor Lockin End date 1	Aug 28, 2024	Aug 28, 2024
Anchor Lockin End date 2	Oct 27, 2024	Oct 27, 2024

Financials

Chetana Education IPO P/E ratio is 10.59, as compared to Manglam Infra And Engineering IPO P/E ratio of 10.49.

Chetana Education IPO

Manglam Infra And Engineering IPO

Financial

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,475.09	8,315.08	7,605.82	6,825.10
Revenue	9,367.06	7,560.77	4,312.21	3,270.96
Profit After Tax	1,203.47	685.47	168.06	280.30
Net Worth	2,524.55	2,281.92	1,947.33	2,091.10
Reserves and Surplus	1,024.55
Total Borrowing	5,128.73	4,299.50	3,876.03	3,487.85
Amount in ₹ Lakhs

Manglam Infra and Engineering Limited Financial Information (Restated)

Manglam Infra and Engineering Limited's revenue increased by 16.46% and profit after tax (PAT) rose by 22.06% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,318.23	2,104.13	1,673.32
Revenue	4,050.79	3,478.14	2,678.36
Profit After Tax	676.41	554.16	332.96
Net Worth	1,710.20	1,025.95	778.69
Reserves and Surplus	443.73
Total Borrowing	447.31	225.91	186.91
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.53%

P/E Ratio

10.59

10.49

Market Cap

₹173.40 Cr.

₹98.54 Cr.

ROE

50.08%%

49.44%%

ROCE

26.87%%

44.95%%

Debt/Equity

0.26

EPS

₹8.02

₹5.34

RoNW

47.67%%

49.44%%

Shares Offered

In the Chetana Education IPO retail investors (RII) are offered 17,95,200 shares while in Manglam Infra And Engineering IPO retail investors are offered 17,95,200 shares. Qualified institutional buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 8,82,000 shares in Manglam Infra And Engineering IPO.

	Chetana Education IPO	Manglam Infra And Engineering IPO
Anchor Investor Reserveration	15,36,000 shares	13,22,000 shares
Market Maker Reserveration	2,73,600 shares	5,24,000 shares
QIB	10,25,600 shares	8,82,000 shares
NII	7,69,600 shares	6,60,000 shares
RII	17,95,200 shares	15,44,000 shares
Employee	0 shares	0 shares
Others
Total	35,90,400 shares	30,86,000 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas Manglam Infra And Engineering IPO subscribed 394.42x.

	Chetana Education IPO	Manglam Infra And Engineering IPO
QIB (times)	101.22x	163.04x
NII (times)	468.42x	756.73x
Big NII (times)
Small NII (times)
RII (times)	135.11x	371.72x
Employee (times)
Other (times)
Total (times)	196.87x	394.42x

Compare with others

Chetana Education IPO	Manglam Infra And Engineering IPO
Trom Industries IPO	Sathlokhar Synergys E&C Global IPO
Esprit Stones IPO	Trom Industries IPO
S A Tech Software India IPO	Esprit Stones IPO
Aprameya Engineering IPO	S A Tech Software India IPO
Manglam Infra And Engineering IPO	Aprameya Engineering IPO
Clinitech Laboratory IPO	Chetana Education IPO
VVIP Infratech IPO	Clinitech Laboratory IPO
V.L.Infraprojects IPO	VVIP Infratech IPO
RNFI Services IPO	V.L.Infraprojects IPO
Macobs Technologies IPO	RNFI Services IPO

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