EP Biocomposites IPO vs Mega Flex Plastics IPO

Comparision between EP Biocomposites IPO and Mega Flex Plastics IPO.

IPO Details

EP Biocomposites IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Mega Flex Plastics IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	EP Biocomposites IPO	Mega Flex Plastics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Finshore Management Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker
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 EP Biocomposites IPO is up to ₹6.35 Cr whereas the issue size of the Mega Flex Plastics IPO is up to ₹11.40 Cr. The final issue price of EP Biocomposites IPO is ₹126.00 per share and of Mega Flex Plastics IPO is ₹40.00 per share.

	EP Biocomposites IPO	Mega Flex Plastics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹126.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	3000 shares
Fresh Issue Size	5,04,000 shares	28,50,000 shares
Fresh Issue Size (Amount)	up to ₹6.35 Cr	up to ₹11.40 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	5,04,000 shares	28,50,000 shares
Issue Size Total (Amount)	up to ₹6.35 Cr	up to ₹11.40 Cr

IPO Timetable

EP Biocomposites IPO opens on Aug 29, 2022, while Mega Flex Plastics IPO opens on Sep 06, 2022. The closing date of EP Biocomposites IPO and Mega Flex Plastics IPO is Sep 05, 2022, and Sep 09, 2022, respectively.

	EP Biocomposites IPO	Mega Flex Plastics IPO
Anchor Bid Date
Issue Open	Aug 29, 2022	Sep 06, 2022
Issue Close	Sep 05, 2022	Sep 09, 2022
Basis Of Allotment (Tentative)	Sep 08, 2022	Sep 14, 2022
Initiation of Refunds (Tentative)	Sep 09, 2022	Sep 15, 2022
Credit of Share (Tentative)	Sep 12, 2022	Sep 16, 2022
Listing date (Tentative)	Sep 13, 2022	Sep 19, 2022
Anchor Lockin End date 1	Oct 08, 2022	Oct 14, 2022
Anchor Lockin End date 2	Dec 07, 2022	Dec 13, 2022

Financials

EP Biocomposites IPO P/E ratio is 26.2, as compared to Mega Flex Plastics IPO P/E ratio of 16.19.

EP Biocomposites IPO

Mega Flex Plastics IPO

Financial

EP Biocomposites Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	55.16	56.83	3.15	2.85	-2.15
31-Mar-21	132.38	295.23	35.8	38.65	33.65
31-Mar-22	927.69	807.55	80.94	199.84	82.09
Amount in ₹ Lakhs

Mega Flex Plastics Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	2999.93	3343.16	219.85	2710.33	2534.89
31-Mar-21	3200.22	3108.53	128.87	2839.2	2663.75
31-Mar-22	3414.68	4739.16	265.93	3105.13	2929.68
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.97%

99.79%

Promoter Shareholding (Post-Issue)

69.40%

73.32%

P/E Ratio

26.2

16.19

Market Cap

₹21.19 Cr.

₹42.98 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the EP Biocomposites IPO retail investors (RII) are offered 2,38,000 shares while in Mega Flex Plastics IPO retail investors are offered 2,38,000 shares. Qualified institutional buyers (QIB) are offered in EP Biocomposites IPO and in Mega Flex Plastics IPO.

	EP Biocomposites IPO	Mega Flex Plastics IPO
Anchor Investor Reserveration
Market Maker Reserveration	28,000 shares	1,44,000 shares
QIB
NII	2,38,000 shares	13,53,000 shares
RII	2,38,000 shares	13,53,000 shares
Employee
Others
Total	4,76,000 shares	27,06,000 shares

Bids Received (Subscription)

EP Biocomposites IPO subscribed 18.51x in total, whereas Mega Flex Plastics IPO subscribed 46.31x.

	EP Biocomposites IPO	Mega Flex Plastics IPO
QIB (times)
NII (times)	21.58x	52.86x
Big NII (times)
Small NII (times)
RII (times)	15.44x	39.75x
Employee (times)
Other (times)
Total (times)	18.51x	46.31x

Compare with others

EP Biocomposites IPO	Mega Flex Plastics IPO
Sabar Flex India IPO	Tapi Fruit Processing IPO
Shantidoot Infra Services IPO	Annapurna Swadisht IPO
Mega Flex Plastics IPO	Ishan International IPO
Viviana Power Tech IPO	Sabar Flex India IPO
Virtuoso Optoelectronics IPO	Shantidoot Infra Services IPO
Dipna Pharmachem IPO	Viviana Power Tech IPO
Ameya Engineers IPO	Virtuoso Optoelectronics IPO
Kore Mobile IPO	EP Biocomposites IPO
Naturo Indiabull IPO	Dipna Pharmachem IPO
Rhetan TMT IPO	Ameya Engineers IPO

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