Macfos IPO vs Sealmatic India IPO

Comparision between Macfos IPO and Sealmatic India IPO.

IPO Details

Macfos IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Sealmatic India IPO is a SME Book Built Issue proposed to list at BSE SME.

	Macfos IPO	Sealmatic India IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited	Isk Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Hem Securities Ltd.	Sunflower 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 Macfos IPO is up to ₹23.74 Cr whereas the issue size of the Sealmatic India IPO is up to ₹56.24 Cr. The final issue price of Macfos IPO is ₹102.00 per share and of Sealmatic India IPO is ₹225.00 per share.

	Macfos IPO	Sealmatic India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹96.00 per share	₹220.00 per share
Issue Price (Upper)	₹102.00 per share	₹225.00 per share
Issue Price (Final)	₹102.00 per share	₹225.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	600 shares
Fresh Issue Size		18,50,000 shares
Fresh Issue Size (Amount)		up to ₹41.63 Cr
OFS Issue Size	23,28,000 shares	6,49,600 shares
OFS Issue Size (Amount)	up to ₹23.74 Cr	up to ₹14.62 Cr
Issue Size Total	23,28,000 shares	24,99,600 shares
Issue Size Total (Amount)	up to ₹23.74 Cr	up to ₹56.24 Cr

IPO Timetable

Macfos IPO opens on Feb 17, 2023, while Sealmatic India IPO opens on Feb 17, 2023. The closing date of Macfos IPO and Sealmatic India IPO is Feb 21, 2023, and Feb 21, 2023, respectively.

	Macfos IPO	Sealmatic India IPO
Anchor Bid Date	Feb 16, 2023	Feb 16, 2023
Issue Open	Feb 17, 2023	Feb 17, 2023
Issue Close	Feb 21, 2023	Feb 21, 2023
Basis Of Allotment (Tentative)	Feb 24, 2023	Feb 24, 2023
Initiation of Refunds (Tentative)	Feb 27, 2023	Feb 27, 2023
Credit of Share (Tentative)	Feb 28, 2023	Feb 28, 2023
Listing date (Tentative)	Mar 01, 2023	Mar 01, 2023
Anchor Lockin End date 1	Mar 26, 2023	Mar 26, 2023
Anchor Lockin End date 2	May 25, 2023	May 25, 2023

Financials

Macfos IPO P/E ratio is 15.22, as compared to Sealmatic India IPO P/E ratio of 18.75.

Macfos IPO

Sealmatic India IPO

Financial

Macfos Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	624.62	1,622.16	32.97	52.55	51.55	433.12
31-Mar-21	941.75	2,733.76	158.31	310.66	309.64	350.13
31-Mar-22	2,047.20	5,587.07	601.27	911.93	910.91	603.26
30-Sep-22	2,598.74	3,605.40	295.85	1,207.78	1,206.76	938.00
Amount in ₹ Lakhs

Sealmatic India Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,325.06	3,358.88	494.14	1,524.67	1,504.67	278.30
31-Mar-21	2,975.94	3,548.18	649.76	2,174.43	2,154.43	272.62
31-Mar-22	3,947.36	4,276.80	841.46	3,015.89	2,995.89	93.56
30-Sep-22	5,108.52	2,582.12	543.45	3,550.15	2,830.15	224.39
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

73.65%

72.38%

P/E Ratio

15.22

18.75

Market Cap

₹90.12 Cr.

₹203.63 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Macfos IPO retail investors (RII) are offered 7,75,200 shares while in Sealmatic India IPO retail investors are offered 7,75,200 shares. Qualified institutional buyers (QIB) are offered 11,04,000 shares in Macfos IPO and 3,79,800 shares in Sealmatic India IPO.

	Macfos IPO	Sealmatic India IPO
Anchor Investor Reserveration		5,69,400 shares
Market Maker Reserveration	1,16,400 shares	1,26,000 shares
QIB	11,04,000 shares	3,79,800 shares
NII	3,32,400 shares	5,53,200 shares
RII	7,75,200 shares	9,97,200 shares
Employee
Others
Total	23,28,000 shares	19,30,200 shares

Bids Received (Subscription)

Macfos IPO subscribed 193.87x in total, whereas Sealmatic India IPO subscribed 16.61x.

	Macfos IPO	Sealmatic India IPO
QIB (times)	21.60x	8.71x
NII (times)	659.99x	30.22x
Big NII (times)
Small NII (times)
RII (times)	268.45x	12.06x
Employee (times)
Other (times)
Total (times)	193.87x	16.61x

Compare with others

Macfos IPO	Sealmatic India IPO
Amanaya Ventures IPO	Systango Technologies IPO
ResGen IPO	Amanaya Ventures IPO
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SVJ Enterprises IPO	Srivasavi Adhesive Tapes IPO
Sealmatic India IPO	SVJ Enterprises IPO
ITCONS E-Solutions IPO	Macfos IPO
Viaz Tyres IPO	ITCONS E-Solutions IPO
Patron Exim IPO	Viaz Tyres IPO
Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Indong Tea Company IPO	Lead Reclaim and Rubber Products IPO

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