Esprit Stones IPO vs Manglam Infra And Engineering IPO

Comparision between Esprit Stones IPO and Manglam Infra And Engineering IPO.

IPO Details

Esprit Stones IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Manglam Infra And Engineering IPO is a SME Book Built Issue proposed to list at NSE SME.

	Esprit Stones IPO	Manglam Infra And Engineering IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Choice Capital Advisors Pvt Ltd Srujan Alpha Capital Advisors Llp	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Choice Equity Broking Private Limited	Giriraj Stock 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 Esprit Stones IPO is up to ₹50.42 Cr whereas the issue size of the Manglam Infra And Engineering IPO is up to ₹27.62 Cr. The final issue price of Esprit Stones IPO is ₹87.00 per share and of Manglam Infra And Engineering IPO is ₹56.00 per share.

	Esprit Stones IPO	Manglam Infra And Engineering IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹82.00 per share	₹53.00 per share
Issue Price (Upper)	₹87.00 per share	₹56.00 per share
Issue Price (Final)	₹87.00 per share	₹56.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	57,95,200 shares	49,32,000 shares
Fresh Issue Size (Amount)	up to ₹50.42 Cr	up to ₹27.62 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	57,95,200 shares	49,32,000 shares
Issue Size Total (Amount)	up to ₹50.42 Cr	up to ₹27.62 Cr

IPO Timetable

Esprit Stones IPO opens on Jul 26, 2024, while Manglam Infra And Engineering IPO opens on Jul 24, 2024. The closing date of Esprit Stones IPO and Manglam Infra And Engineering IPO is Jul 30, 2024, and Jul 26, 2024, respectively.

	Esprit Stones IPO	Manglam Infra And Engineering IPO
Anchor Bid Date	Jul 25, 2024	Jul 23, 2024
Issue Open	Jul 26, 2024	Jul 24, 2024
Issue Close	Jul 30, 2024	Jul 26, 2024
Basis Of Allotment (Tentative)	Jul 31, 2024	Jul 29, 2024
Initiation of Refunds (Tentative)	Aug 01, 2024	Jul 30, 2024
Credit of Share (Tentative)	Aug 01, 2024	Jul 30, 2024
Listing date (Tentative)	Aug 02, 2024	Jul 31, 2024
Anchor Lockin End date 1	Aug 30, 2024	Aug 28, 2024
Anchor Lockin End date 2	Oct 29, 2024	Oct 27, 2024

Financials

Esprit Stones IPO P/E ratio is 13.62, as compared to Manglam Infra And Engineering IPO P/E ratio of 10.49.

Esprit Stones IPO

Manglam Infra And Engineering IPO

Financial

Esprit Stones Limited Financial Information (Restated)

Esprit Stones Limited's revenue increased by 56.07% and profit after tax (PAT) rose by 190.04% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	27,459.35	23,802.24	18,069.74
Revenue	27,477.82	17,606.52	19,002.60
Profit After Tax	1,031.73	355.72	1,850.53
Net Worth	7,238.80	6,227.81	5,893.32
Reserves and Surplus	5,623.80	5,277.81	4,943.32
Total Borrowing	12,541.91	11,879.55	5,799.76
Amount in ₹ Lakhs

Manglam Infra and Engineering Limited Financial Information (Restated)

Manglam Infra and Engineering Limited's revenue increased by 16.46% and profit after tax (PAT) rose by 22.06% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,318.23	2,104.13	1,673.32
Revenue	4,050.79	3,478.14	2,678.36
Profit After Tax	676.41	554.16	332.96
Net Worth	1,710.20	1,025.95	778.69
Reserves and Surplus	443.73
Total Borrowing	447.31	225.91	186.91
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

P/E Ratio

13.62

10.49

Market Cap

₹190.92 Cr.

₹98.54 Cr.

ROE

49.44%%

ROCE

12.39%%

44.95%%

Debt/Equity

1.72

0.26

EPS

₹6.39

₹5.34

RoNW

15.09%%

49.44%%

Shares Offered

In the Esprit Stones IPO retail investors (RII) are offered 18,81,600 shares while in Manglam Infra And Engineering IPO retail investors are offered 18,81,600 shares. Qualified institutional buyers (QIB) are offered 10,75,200 shares in Esprit Stones IPO and 8,82,000 shares in Manglam Infra And Engineering IPO.

	Esprit Stones IPO	Manglam Infra And Engineering IPO
Anchor Investor Reserveration	16,12,800 shares	13,22,000 shares
Market Maker Reserveration	2,91,200 shares	5,24,000 shares
QIB	10,75,200 shares	8,82,000 shares
NII	8,06,400 shares	6,60,000 shares
RII	18,81,600 shares	15,44,000 shares
Employee	0 shares	0 shares
Others
Total	38,91,200 shares	30,86,000 shares

Bids Received (Subscription)

Esprit Stones IPO subscribed 185.82x in total, whereas Manglam Infra And Engineering IPO subscribed 394.42x.

	Esprit Stones IPO	Manglam Infra And Engineering IPO
QIB (times)	117.63x	163.04x
NII (times)	399.58x	756.73x
Big NII (times)
Small NII (times)
RII (times)	145.75x	371.72x
Employee (times)
Other (times)
Total (times)	185.82x	394.42x

Compare with others

Esprit Stones IPO	Manglam Infra And Engineering IPO
Ashapura Logistics IPO	Sathlokhar Synergys E&C Global IPO
Rajputana Industries IPO	Trom Industries IPO
Bulkcorp IPO	Esprit Stones IPO
Sathlokhar Synergys E&C Global IPO	S A Tech Software India IPO
Trom Industries IPO	Aprameya Engineering IPO
S A Tech Software India IPO	Chetana Education IPO
Aprameya Engineering IPO	Clinitech Laboratory IPO
Manglam Infra And Engineering IPO	VVIP Infratech IPO
Chetana Education IPO	V.L.Infraprojects IPO
Clinitech Laboratory IPO	RNFI Services IPO

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