Aimtron Electronics IPO vs Magenta Lifecare IPO

Comparision between Aimtron Electronics IPO and Magenta Lifecare IPO.

IPO Details

Aimtron Electronics IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Magenta Lifecare IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Aimtron Electronics IPO	Magenta Lifecare IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Fedex Securities Pvt Ltd
Registrar	Link Intime India Private Ltd	Cameo Corporate Services Limited
Market Maker	Hem Finlease Private Limited	Sunflower 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 Aimtron Electronics IPO is up to ₹87.02 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹7.00 Cr. The final issue price of Aimtron Electronics IPO is ₹161.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.

	Aimtron Electronics IPO	Magenta Lifecare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹153.00 per share
Issue Price (Upper)	₹161.00 per share
Issue Price (Final)	₹161.00 per share	₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	4000 shares
Fresh Issue Size	54,04,800 shares	20,00,000 shares
Fresh Issue Size (Amount)	up to ₹87.02 Cr	up to ₹7.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,04,800 shares	20,00,000 shares
Issue Size Total (Amount)	up to ₹87.02 Cr	up to ₹7.00 Cr

IPO Timetable

Aimtron Electronics IPO opens on May 30, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of Aimtron Electronics IPO and Magenta Lifecare IPO is Jun 03, 2024, and Jun 07, 2024, respectively.

	Aimtron Electronics IPO	Magenta Lifecare IPO
Anchor Bid Date	May 29, 2024
Issue Open	May 30, 2024	Jun 05, 2024
Issue Close	Jun 03, 2024	Jun 07, 2024
Basis Of Allotment (Tentative)	Jun 04, 2024	Jun 10, 2024
Initiation of Refunds (Tentative)	Jun 05, 2024	Jun 11, 2024
Credit of Share (Tentative)	Jun 05, 2024	Jun 11, 2024
Listing date (Tentative)	Jun 06, 2024	Jun 12, 2024
Anchor Lockin End date 1	Jul 04, 2024
Anchor Lockin End date 2	Sep 02, 2024

Financials

Aimtron Electronics IPO P/E ratio is 27.13, as compared to Magenta Lifecare IPO P/E ratio of 69.43.

Aimtron Electronics IPO

Magenta Lifecare IPO

Financial

Aimtron Electronics Limited Financial Information (Restated)

Aimtron Electronics Limited's revenue increased by 169.2% and profit after tax (PAT) rose by 579.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,322.75	8,740.02	5,904.04	3,630.38
Revenue	6,764.17	7,239.98	2,689.41	5,406.18
Profit After Tax	976.66	863.19	-180.15	1,571.72
Net Worth	4,099.92	3,123.26	2,038.96	2,144.26
Reserves and Surplus	2,645.42	2,832.36	1,969.17	2,075.83
Total Borrowing	1,821.65	2,023.61	848.98	262.54
Amount in ₹ Lakhs

Magenta Lifecare Limited Financial Information (Restated)

Magenta Lifecare Limited's revenue increased by 1.79% and profit after tax (PAT) rose by 29.96% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,505.71	1,250.93	1,415.60	1,459.78
Revenue	630.74	955.29	938.47	966.14
Profit After Tax	24.36	24.55	18.89	19.44
Net Worth	634.18	520.81	361.73	142.85
Reserves and Surplus	147.19	366.57	219.72	20.84
Total Borrowing	447.83	453.01	757.53	982.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.96%

84.06%

Promoter Shareholding (Post-Issue)

71.29%

59.59%

P/E Ratio

27.13

69.43

Market Cap

₹321.19 Cr.

₹24.04 Cr.

ROE

27.04%%

5.62%%

ROCE

23.85%%

13.41%%

Debt/Equity

0.44

EPS

₹5.93

₹0.50

RoNW

23.82%%

3.84%%

Shares Offered

In the Aimtron Electronics IPO retail investors (RII) are offered 17,93,600 shares while in Magenta Lifecare IPO retail investors are offered 17,93,600 shares. Qualified institutional buyers (QIB) are offered 10,24,800 shares in Aimtron Electronics IPO and 0 shares in Magenta Lifecare IPO.

	Aimtron Electronics IPO	Magenta Lifecare IPO
Anchor Investor Reserveration	15,36,000 shares
Market Maker Reserveration	2,81,600 shares	1,04,000 shares
QIB	10,24,800 shares	0 shares
NII	7,68,800 shares	9,48,000 shares
RII	17,93,600 shares	9,48,000 shares
Employee	0 shares	0 shares
Others
Total	35,87,200 shares	18,96,000 shares

Bids Received (Subscription)

Aimtron Electronics IPO subscribed 99.24x in total, whereas Magenta Lifecare IPO subscribed 983.19x.

	Aimtron Electronics IPO	Magenta Lifecare IPO
QIB (times)	69.93x
NII (times)	202.74x	1,145.78x
Big NII (times)
Small NII (times)
RII (times)	71.62x	778.41x
Employee (times)
Other (times)
Total (times)	99.24x	983.19x

Compare with others

Aimtron Electronics IPO	Magenta Lifecare IPO
Magenta Lifecare IPO	Durlax Top Surface IPO
Sattrix IPO	GEM Enviro IPO
Associated Coaters IPO	GPES Solar IPO
TBI Corn IPO	United Cotfab IPO
Ztech India IPO	3C IT IPO
Beacon Trusteeship IPO	Sattrix IPO
GSM Foils IPO	Associated Coaters IPO
Vilas Transcore IPO	TBI Corn IPO
Hariom Atta & Spices IPO	Ztech India IPO
Rulka Electricals IPO	Aimtron Electronics IPO

Comments

Add a public comment...