Mangal Compusolution IPO vs Neelam Linens and Garments IPO

Comparision between Mangal Compusolution IPO and Neelam Linens and Garments IPO.

IPO Details

Mangal Compusolution IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Neelam Linens and Garments IPO is a SME Book Built Issue proposed to list at NSE SME.

	Mangal Compusolution IPO	Neelam Linens and Garments IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Jawa Capital Services Private Limited	Expert Global Consultants Private Limited
Registrar	Kfin Technologies Limited	Purva Sharegistry India Pvt Ltd
Market Maker	Rikhav Securities Limited	Globalworth Securities 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 Mangal Compusolution IPO is up to ₹16.23 Cr whereas the issue size of the Neelam Linens and Garments IPO is up to ₹13.00 Cr. The final issue price of Mangal Compusolution IPO is ₹45.00 per share and of Neelam Linens and Garments IPO is ₹24.00 per share.

	Mangal Compusolution IPO	Neelam Linens and Garments IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹20.00 per share
Issue Price (Upper)		₹24.00 per share
Issue Price (Final)	₹45.00 per share	₹24.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	6000 shares
Fresh Issue Size	36,06,000 shares	54,18,000 shares
Fresh Issue Size (Amount)	up to ₹16.23 Cr	up to ₹13.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,06,000 shares	54,18,000 shares
Issue Size Total (Amount)	up to ₹16.23 Cr	up to ₹13.00 Cr

IPO Timetable

Mangal Compusolution IPO opens on Nov 12, 2024, while Neelam Linens and Garments IPO opens on Nov 08, 2024. The closing date of Mangal Compusolution IPO and Neelam Linens and Garments IPO is Nov 14, 2024, and Nov 12, 2024, respectively.

	Mangal Compusolution IPO	Neelam Linens and Garments IPO
Anchor Bid Date		Nov 07, 2024
Issue Open	Nov 12, 2024	Nov 08, 2024
Issue Close	Nov 14, 2024	Nov 12, 2024
Basis Of Allotment (Tentative)	Nov 18, 2024	Nov 13, 2024
Initiation of Refunds (Tentative)	Nov 19, 2024	Nov 14, 2024
Credit of Share (Tentative)	Nov 19, 2024	Nov 14, 2024
Listing date (Tentative)	Nov 21, 2024	Nov 18, 2024
Anchor Lockin End date 1		Dec 13, 2024
Anchor Lockin End date 2		Feb 11, 2025

Financials

Mangal Compusolution IPO P/E ratio is 11.66, as compared to Neelam Linens and Garments IPO P/E ratio of 14.44.

Mangal Compusolution IPO

Neelam Linens and Garments IPO

Financial

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

Neelam Linens and Garments (India) Ltd Financial Information (Restated Consolidated)

Neelam Linens and Garments (India) Ltd's revenue decreased by -0.63% and profit after tax (PAT) rose by 3.43% 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	31 Mar 2021
Assets	12,050.23	12,116.76	9,967.97	7,860.13	6,467.92
Revenue	2,195.39	10,474.42	10,541.13	10,379.69	8,017.82
Profit After Tax	80.46	246.05	237.88	298.58	41.53
Net Worth	2,428.80	2,348.34	2,102.30	1,468.42	1,169.84
Reserves and Surplus	948.80	868.34	1,362.30	1,448.42	1,149.84
Total Borrowing	7,566.04	6,964.94	6,534.02	5,110.22	5,259.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

74.18%

Promoter Shareholding (Post-Issue)

73.50%

54.29%

P/E Ratio

11.66

14.44

Market Cap

₹61.23 Cr.

₹48.52 Cr.

ROE

3.97%%

2.99%%

ROCE

2.05%%

3.84%%

Debt/Equity

0.9

3.12

EPS

₹3.86

₹1.66

RoNW

15.56%%

3.31%%

Shares Offered

In the Mangal Compusolution IPO retail investors (RII) are offered 17,10,000 shares while in Neelam Linens and Garments IPO retail investors are offered 17,10,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mangal Compusolution IPO and 10,32,000 shares in Neelam Linens and Garments IPO.

	Mangal Compusolution IPO	Neelam Linens and Garments IPO
Anchor Investor Reserveration		15,36,000 shares
Market Maker Reserveration	1,86,000 shares	2,76,000 shares
QIB	0 shares	10,32,000 shares
NII	17,10,000 shares	7,74,000 shares
RII	17,10,000 shares	18,00,000 shares
Employee	0 shares	0 shares
Others
Total	34,20,001 shares	36,06,000 shares

Bids Received (Subscription)

Mangal Compusolution IPO subscribed 34.59x in total, whereas Neelam Linens and Garments IPO subscribed 91.97x.

	Mangal Compusolution IPO	Neelam Linens and Garments IPO
QIB (times)		15.40x
NII (times)	22.28x	273.47x
Big NII (times)
Small NII (times)
RII (times)	46.91x	57.82x
Employee (times)
Other (times)
Total (times)	34.59x	91.97x

Compare with others

Mangal Compusolution IPO	Neelam Linens and Garments IPO
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Lamosaic India IPO	Onyx Biotec IPO
Nisus Finance Services IPO	Mangal Compusolution IPO
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Neelam Linens and Garments IPO	United Heat Transfer IPO
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United Heat Transfer IPO	Premium Plast IPO
Danish Power IPO	Usha Financial Services IPO

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