Kody Technolab IPO vs Mangalam Alloys IPO

Comparision between Kody Technolab IPO and Mangalam Alloys IPO.

IPO Details

Kody Technolab IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Mangalam Alloys IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kody Technolab IPO	Mangalam Alloys IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Expert Global Consultants Private Limited
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Spread X Securities Private Limited	Rikhav Securities Limited
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 Kody Technolab IPO is up to ₹27.52 Cr whereas the issue size of the Mangalam Alloys IPO is up to ₹54.91 Cr. The final issue price of Kody Technolab IPO is ₹160.00 per share and of Mangalam Alloys IPO is ₹80.00 per share.

	Kody Technolab IPO	Mangalam Alloys IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹160.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	17,20,000 shares	61,26,400 shares
Fresh Issue Size (Amount)	up to ₹27.52 Cr	up to ₹49.01 Cr
OFS Issue Size		7,37,600 shares
OFS Issue Size (Amount)		up to ₹5.90 Cr
Issue Size Total	17,20,000 shares	68,64,000 shares
Issue Size Total (Amount)	up to ₹27.52 Cr	up to ₹54.91 Cr

IPO Timetable

Kody Technolab IPO opens on Sep 15, 2023, while Mangalam Alloys IPO opens on Sep 21, 2023. The closing date of Kody Technolab IPO and Mangalam Alloys IPO is Sep 20, 2023, and Sep 25, 2023, respectively.

	Kody Technolab IPO	Mangalam Alloys IPO
Anchor Bid Date
Issue Open	Sep 15, 2023	Sep 21, 2023
Issue Close	Sep 20, 2023	Sep 25, 2023
Basis Of Allotment (Tentative)	Sep 25, 2023	Sep 02, 2023
Initiation of Refunds (Tentative)	Sep 26, 2023	Oct 02, 2023
Credit of Share (Tentative)	Sep 27, 2023	Oct 03, 2023
Listing date (Tentative)	Sep 27, 2023	Oct 04, 2023
Anchor Lockin End date 1	Oct 25, 2023	Oct 02, 2023
Anchor Lockin End date 2	Dec 24, 2023	Dec 01, 2023

Financials

Kody Technolab IPO P/E ratio is 22.66, as compared to Mangalam Alloys IPO P/E ratio of 14.65.

Kody Technolab IPO

Mangalam Alloys IPO

Financial

Kody Technolab IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	115.14	238.04	1,452.55
Revenue	248.16	384.20	1,109.10
Profit After Tax	-10.80	62.13	318.09
Net Worth	-171.16	-109.03	469.35
Reserves and Surplus	-172.16	-110.03	123.99
Total Borrowing	150.39	161.47	746.79

Amount in ₹ Lakhs

Mangalam Alloys IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	31,210.81	30,066.96	33,201.81
Revenue	27,190.68	30,973.94	30,817.92
Profit After Tax	-653.69	505.08	1,013.52
Net Worth	6,390.37	6,895.35	7,903.11
Reserves and Surplus	4,534.42	5,039.40	6,047.16
Total Borrowing	16,769.66	16,361.81	15,353.27

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

81.17%

Promoter Shareholding (Post-Issue)

73.01%

59.74%

P/E Ratio

22.66

14.65

Market Cap

₹101.98 Cr.

₹197.49 Cr.

ROE

176.59%%

12.82%

ROCE

97.37%%

20.92%

Debt/Equity

1.59

1.94

EPS

₹7.06

₹5.46

RoNW

67.77%%

13.70%%

Shares Offered

In the Kody Technolab IPO retail investors (RII) are offered 8,16,800 shares while in Mangalam Alloys IPO retail investors are offered 8,16,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kody Technolab IPO and 0 shares in Mangalam Alloys IPO.

	Kody Technolab IPO	Mangalam Alloys IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,400 shares	3,44,000 shares
QIB	0 shares	0 shares
NII	8,16,800 shares	32,59,200 shares
RII	8,16,800 shares	32,60,800 shares
Employee	0 shares	0 shares
Others
Total	16,33,600 shares	65,20,000 shares

Bids Received (Subscription)

Kody Technolab IPO subscribed 51.55x in total, whereas Mangalam Alloys IPO subscribed 5.57x.

	Kody Technolab IPO	Mangalam Alloys IPO
QIB (times)
NII (times)	41.17x	2.41x
Big NII (times)
Small NII (times)
RII (times)	53.56x	8.73x
Employee (times)
Other (times)
Total (times)	51.55x	5.57x

Compare with others

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Kundan Edifice IPO	Holmarc Opto-Mechatronics IPO

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