C2C Advanced Systems IPO vs Mangal Compusolution IPO

Comparision between C2C Advanced Systems IPO and Mangal Compusolution IPO.

IPO Details

C2C Advanced Systems IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Mangal Compusolution IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	C2C Advanced Systems IPO	Mangal Compusolution 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	Mark Corporate Advisors Private Limited Beeline Capital Advisors Pvt Ltd	Jawa Capital Services Private Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker	Spread X Securities Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of C2C Advanced Systems IPO is up to ₹99.07 Cr whereas the issue size of the Mangal Compusolution IPO is up to ₹16.23 Cr. The final issue price of C2C Advanced Systems IPO is and of Mangal Compusolution IPO is ₹45.00 per share.

	C2C Advanced Systems IPO	Mangal Compusolution IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹214.00 per share
Issue Price (Upper)	₹226.00 per share
Issue Price (Final)		₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	3000 shares
Fresh Issue Size	43,83,600 shares	36,06,000 shares
Fresh Issue Size (Amount)	up to ₹99.07 Cr	up to ₹16.23 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	43,83,600 shares	36,06,000 shares
Issue Size Total (Amount)	up to ₹99.07 Cr	up to ₹16.23 Cr

IPO Timetable

C2C Advanced Systems IPO opens on Nov 22, 2024, while Mangal Compusolution IPO opens on Nov 12, 2024. The closing date of C2C Advanced Systems IPO and Mangal Compusolution IPO is Nov 26, 2024, and Nov 14, 2024, respectively.

	C2C Advanced Systems IPO	Mangal Compusolution IPO
Anchor Bid Date	Nov 21, 2024
Issue Open	Nov 22, 2024	Nov 12, 2024
Issue Close	Nov 26, 2024	Nov 14, 2024
Basis Of Allotment (Tentative)	Nov 27, 2024	Nov 18, 2024
Initiation of Refunds (Tentative)	Nov 28, 2024	Nov 19, 2024
Credit of Share (Tentative)	Nov 28, 2024	Nov 19, 2024
Listing date (Tentative)	Nov 29, 2024	Nov 20, 2024
Anchor Lockin End date 1	Dec 27, 2024
Anchor Lockin End date 2	Feb 25, 2025

Financials

C2C Advanced Systems IPO P/E ratio is 22.56, as compared to Mangal Compusolution IPO P/E ratio of 11.66.

C2C Advanced Systems IPO

Mangal Compusolution IPO

Financial

C2C Advanced Systems Limited Financial Information (Restated)

C2C Advanced Systems Limited's revenue increased by 412% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	11,058.01	8,583.51	1,849.78	903.18
Revenue	4,324.97	4,129.82	806.73	34.79
Profit After Tax	972.99	1,227.69	287.52	-238.21
Net Worth	8,618.72	7,645.73	252.14	-136.57
Reserves and Surplus		6,864.52	96.69
Total Borrowing	1,329.02		944.74	554.77
Amount in ₹ Lakhs

Mangal Compusolution Limited Financial Information (Restated)

Mangal Compusolution Limited's revenue decreased by -32.69% and profit after tax (PAT) dropped by -45.21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,492.01	4,552.12	4,715.71	5,267.09
Revenue	453.44	2,344.42	3,483.18	1,848.78
Profit After Tax	80.97	385.80	704.09	86.62
Net Worth	2,080.88	1,999.90	1,614.10	910.00
Reserves and Surplus	1,080.88	999.90	1,414.10	710.00
Total Borrowing	1,862.75	2,041.21	2,652.30	3,434.12
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

56.52%

100.00%

Promoter Shareholding (Post-Issue)

73.50%

P/E Ratio

22.56

11.66

Market Cap

₹376.09 Cr.

₹61.23 Cr.

ROE

3.97%%

ROCE

2.05%%

Debt/Equity

0.15

0.9

EPS

₹10.02

₹3.86

RoNW

11.29%%

15.56%%

Shares Offered

In the C2C Advanced Systems IPO retail investors (RII) are offered while in Mangal Compusolution IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in C2C Advanced Systems IPO and 0 shares in Mangal Compusolution IPO.

	C2C Advanced Systems IPO	Mangal Compusolution IPO
Anchor Investor Reserveration	12,49,200 shares
Market Maker Reserveration	2,19,600 shares	1,86,000 shares
QIB		0 shares
NII		17,10,000 shares
RII		17,10,000 shares
Employee		0 shares
Others
Total		34,20,001 shares

Bids Received (Subscription)

C2C Advanced Systems IPO subscribed in total, whereas Mangal Compusolution IPO subscribed 34.59x.

	C2C Advanced Systems IPO	Mangal Compusolution IPO
QIB (times)
NII (times)		22.28x
Big NII (times)
Small NII (times)
RII (times)		46.91x
Employee (times)
Other (times)
Total (times)		34.59x

Compare with others

C2C Advanced Systems IPO	Mangal Compusolution IPO
Lamosaic India IPO	C2C Advanced Systems IPO
Nisus Finance Services IPO	Lamosaic India IPO
Onyx Biotec IPO	Nisus Finance Services IPO
Mangal Compusolution IPO	Onyx Biotec IPO
Rosmerta Digital Services IPO	Rosmerta Digital Services IPO
	Neelam Linens and Garments IPO
	OBSC Perfection IPO
	United Heat Transfer IPO
	Danish Power IPO

Comments

Add a public comment...