Mandeep Auto Industries IPO vs Slone Infosystems IPO

Comparision between Mandeep Auto Industries IPO and Slone Infosystems IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Slone Infosystems IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Mandeep Auto Industries IPO	Slone Infosystems 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	Jawa Capital Services Private Limited	Jawa Capital Services Private Limited
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
Market Maker	Aftertrade Broking Pvt Ltd	Aftertrade Broking Pvt Ltd
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 Mandeep Auto Industries IPO is up to ₹25.25 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹11.06 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

	Mandeep Auto Industries IPO	Slone Infosystems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹67.00 per share	₹79.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	37,68,000 shares	14,00,000 shares
Fresh Issue Size (Amount)	up to ₹25.25 Cr	up to ₹11.06 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,68,000 shares	14,00,000 shares
Issue Size Total (Amount)	up to ₹25.25 Cr	up to ₹11.06 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Mandeep Auto Industries IPO and Slone Infosystems IPO is May 15, 2024, and May 07, 2024, respectively.

	Mandeep Auto Industries IPO	Slone Infosystems IPO
Anchor Bid Date
Issue Open	May 13, 2024	May 03, 2024
Issue Close	May 15, 2024	May 07, 2024
Basis Of Allotment (Tentative)	May 16, 2024	May 08, 2024
Initiation of Refunds (Tentative)	May 17, 2024	May 09, 2024
Credit of Share (Tentative)	May 17, 2024	May 09, 2024
Listing date (Tentative)	May 21, 2024	May 10, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Slone Infosystems IPO P/E ratio of 40.94.

Mandeep Auto Industries IPO

Slone Infosystems IPO

Financial

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% 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	2,424.73	1,963.15	1,297.81	1,050.17
Revenue	1,656.76	2,978.74	2,189.73	1,563.49
Profit After Tax	214.93	104.91	64.69	49.81
Net Worth	820.80	453.54	413.61	280.42
Reserves and Surplus	163.81
Amount in ₹ Lakhs

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% 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	1,978.58	1,190.71	1,167.37	929.41
Revenue	3,434.86	3,077.40	2,659.14	1,157.44
Profit After Tax	284.72	74.66	38.31	27.54
Net Worth	1,187.51	210.49	228.70	189.61
Reserves and Surplus	800.61	25.94
Total Borrowing	642.66	681.53	921.15	726.10
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

99.43%

Promoter Shareholding (Post-Issue)

63.53%

73.01%

P/E Ratio

10.15

40.94

Market Cap

₹69.26 Cr.

₹41.63 Cr.

ROE

30.15%%

74%%

ROCE

27.94%%

34.44%%

Debt/Equity

0.33

EPS

₹6.60

₹1.93

RoNW

25.97%%

23.98%%

Shares Offered

In the Mandeep Auto Industries IPO retail investors (RII) are offered 17,89,000 shares while in Slone Infosystems IPO retail investors are offered 17,89,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mandeep Auto Industries IPO and 0 shares in Slone Infosystems IPO.

	Mandeep Auto Industries IPO	Slone Infosystems IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,90,000 shares	70,400 shares
QIB	0 shares	0 shares
NII	17,89,000 shares	6,64,000 shares
RII	17,89,000 shares	6,65,600 shares
Employee	0 shares	0 shares
Others
Total	35,78,000 shares	13,29,600 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Slone Infosystems IPO subscribed 667.81x.

	Mandeep Auto Industries IPO	Slone Infosystems IPO
QIB (times)
NII (times)	61.54x	756.88x
Big NII (times)
Small NII (times)
RII (times)	90.57x	540.80x
Employee (times)
Other (times)
Total (times)	77.23x	667.81x

Compare with others

Mandeep Auto Industries IPO	Slone Infosystems IPO
Winsol Engineers IPO	Silkflex Polymers IPO
Slone Infosystems IPO	Energy Mission Machineries IPO
Sai Swami Metals and Alloys IPO	TGIF Agribusiness IPO
Amkay Products IPO	Refractory Shapes IPO
Storage Technologies Racks and Rollers IPO	Winsol Engineers IPO
ABS Marine Services IPO	Sai Swami Metals and Alloys IPO
Shivam Chemicals IPO	Amkay Products IPO
Varyaa Creations IPO	Storage Technologies Racks and Rollers IPO
Faalcon Concepts IPO	Mandeep Auto Industries IPO
Emmforce Autotech IPO	ABS Marine Services IPO

Comments

Add a public comment...