M.V.K. Agro Food IPO vs Owais Metal and Mineral Processing IPO

Comparision between M.V.K. Agro Food IPO and Owais Metal and Mineral Processing IPO.

IPO Details

M.V.K. Agro Food IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Owais Metal and Mineral Processing IPO is a SME Book Built Issue proposed to list at NSE SME.

	M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Gretex Corporate Services Limited
Registrar	Mas Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of M.V.K. Agro Food IPO is up to ₹65.88 Cr whereas the issue size of the Owais Metal and Mineral Processing IPO is up to ₹42.69 Cr. The final issue price of M.V.K. Agro Food IPO is ₹120.00 per share and of Owais Metal and Mineral Processing IPO is ₹87.00 per share.

	M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹83.00 per share
Issue Price (Upper)		₹87.00 per share
Issue Price (Final)	₹120.00 per share	₹87.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	54,90,000 shares	49,07,200 shares
Fresh Issue Size (Amount)	up to ₹65.88 Cr	up to ₹42.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,90,000 shares	49,07,200 shares
Issue Size Total (Amount)	up to ₹65.88 Cr	up to ₹42.69 Cr

IPO Timetable

M.V.K. Agro Food IPO opens on Feb 29, 2024, while Owais Metal and Mineral Processing IPO opens on Feb 26, 2024. The closing date of M.V.K. Agro Food IPO and Owais Metal and Mineral Processing IPO is Mar 04, 2024, and Feb 28, 2024, respectively.

	M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
Anchor Bid Date		Feb 23, 2024
Issue Open	Feb 29, 2024	Feb 26, 2024
Issue Close	Mar 04, 2024	Feb 28, 2024
Basis Of Allotment (Tentative)	Mar 05, 2024	Feb 29, 2024
Initiation of Refunds (Tentative)	Mar 06, 2024	Mar 01, 2024
Credit of Share (Tentative)	Mar 06, 2024	Mar 01, 2024
Listing date (Tentative)	Mar 07, 2024	Mar 04, 2024
Anchor Lockin End date 1		Mar 30, 2024
Anchor Lockin End date 2		May 29, 2024

Financials

M.V.K. Agro Food IPO P/E ratio is 31.79, as compared to Owais Metal and Mineral Processing IPO P/E ratio of 21.35.

M.V.K. Agro Food IPO

Owais Metal and Mineral Processing IPO

Financial

M.V.K. Agro Food Product Ltd Financial Information (Restated)

M.V.K. Agro Food Product Ltd's revenue decreased by -29.18% and profit after tax (PAT) rose by 18.02% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,804.05	15,471.93	11,602.06	11,445.70
Revenue	6,044.36	9,393.63	13,263.56	2,583.10
Profit After Tax	430.07	377.45	319.81	140.41
Net Worth	1,767.74	1,337.67	960.22	640.41
Reserves and Surplus	1,267.74	837.67	460.22	140.41
Total Borrowing	6,281.23	9,156.10	6,001.32	7,496.33
Amount in ₹ Lakhs

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	5,164.23	379.62
Revenue	3,977.54
Profit After Tax	765.47	-12.72
Net Worth	2,122.77	57.28
Reserves and Surplus	795.25	44.28
Total Borrowing	1,350.59	321.29
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

64.56%

73.01%

P/E Ratio

31.79

21.35

Market Cap

₹185.88 Cr.

₹158.19 Cr.

ROE

32.85%%

-5.35%%

ROCE

13.44%%

Debt/Equity

6.84

5.61

EPS

₹3.77

₹4.08

RoNW

32.85%%

-22.22%%

Shares Offered

In the M.V.K. Agro Food IPO retail investors (RII) are offered 26,07,600 shares while in Owais Metal and Mineral Processing IPO retail investors are offered 26,07,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in M.V.K. Agro Food IPO and 9,12,000 shares in Owais Metal and Mineral Processing IPO.

	M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
Anchor Investor Reserveration		13,68,000 shares
Market Maker Reserveration	2,74,800 shares	3,44,000 shares
QIB	0 shares	9,12,000 shares
NII	26,07,600 shares	6,84,800 shares
RII	26,07,600 shares	15,98,400 shares
Employee	0 shares	0 shares
Others
Total	52,15,200 shares	31,95,200 shares

Bids Received (Subscription)

M.V.K. Agro Food IPO subscribed 8.46x in total, whereas Owais Metal and Mineral Processing IPO subscribed 221.18x.

	M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
QIB (times)		92.06x
NII (times)	3.90x	329.36x
Big NII (times)
Small NII (times)
RII (times)	13.01x	248.50x
Employee (times)
Other (times)
Total (times)	8.46x	221.18x

Compare with others

M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
Koura Fine Diamond Jewelry IPO	Shree Karni Fabcom IPO
Shree Karni Fabcom IPO	V R Infraspace IPO
V R Infraspace IPO	Sona Machinery IPO
Sona Machinery IPO	Pune E-Stock Broking IPO
Pune E-Stock Broking IPO	M.V.K. Agro Food IPO
Owais Metal and Mineral Processing IPO	Purv Flexipack IPO
Purv Flexipack IPO	Sadhav Shipping IPO
Sadhav Shipping IPO	Deem Roll Tech IPO
Deem Roll Tech IPO	Zenith Drugs IPO
Zenith Drugs IPO	Esconet Technologies IPO

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