New Swan Multitech IPO vs Shree Marutinandan Tubes IPO

Comparision between New Swan Multitech IPO and Shree Marutinandan Tubes IPO.

IPO Details

New Swan Multitech IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	New Swan Multitech IPO	Shree Marutinandan Tubes IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited Share India Capital Services Private Limited	Swastika Investmart Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Swastika Investmart 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 New Swan Multitech IPO is up to ₹33.11 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹14.30 Cr. The final issue price of New Swan Multitech IPO is ₹66.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

	New Swan Multitech IPO	Shree Marutinandan Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹62.00 per share
Issue Price (Upper)	₹66.00 per share
Issue Price (Final)	₹66.00 per share	₹143.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	50,16,000 shares	10,00,000 shares
Fresh Issue Size (Amount)	up to ₹33.11 Cr	up to ₹14.30 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	50,16,000 shares	10,00,000 shares
Issue Size Total (Amount)	up to ₹33.11 Cr	up to ₹14.30 Cr

IPO Timetable

New Swan Multitech IPO opens on Jan 11, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of New Swan Multitech IPO and Shree Marutinandan Tubes IPO is Jan 15, 2024, and Jan 16, 2024, respectively.

	New Swan Multitech IPO	Shree Marutinandan Tubes IPO
Anchor Bid Date	Jan 10, 2024
Issue Open	Jan 11, 2024	Jan 12, 2024
Issue Close	Jan 15, 2024	Jan 16, 2024
Basis Of Allotment (Tentative)	Jan 16, 2024	Jan 17, 2024
Initiation of Refunds (Tentative)	Jan 17, 2024	Jan 18, 2024
Credit of Share (Tentative)	Jan 17, 2024	Jan 18, 2024
Listing date (Tentative)	Jan 18, 2024	Jan 19, 2024
Anchor Lockin End date 1	Feb 15, 2024	Feb 16, 2024
Anchor Lockin End date 2	Apr 15, 2024	Apr 16, 2024

Financials

New Swan Multitech IPO P/E ratio is 9.32, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

New Swan Multitech IPO

Shree Marutinandan Tubes IPO

Financial

New Swan Multitech Limited Financial Information (Restated)

New Swan Multitech Limited's revenue increased by 4.05% and profit after tax (PAT) rose by 173.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,801.10	12,876.43	12,348.80	11,769.68
Revenue	7,788.21	15,142.17	14,552.40	14,960.55
Profit After Tax	497.53	991.93	363.14	342.63
Net Worth	3,479.28	2,981.75	1,989.82	1,626.68
Reserves and Surplus	2,079.26	2,631.74	1,639.81	1,276.67
Total Borrowing	4,799.12	3,915.70	4,800.59	4,580.55
Amount in ₹ Lakhs

Shree Marutinandan Tubes Limited Financial Information (Restated)

Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,234.29	1,617.60	1,284.83	1,301.03
Revenue	4,284.64	4,722.58	4,718.49	3,597.28
Profit After Tax	141.99	201.76	6.01	13.30
Net Worth	409.70	267.74	65.98	59.98
Reserves and Surplus	163.73	247.24	45.48	39.48
Total Borrowing	607.28	716.90	688.89	795.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

82.00%

Promoter Shareholding (Post-Issue)

73.62%

58.30%

P/E Ratio

9.32

17.44

Market Cap

₹125.51 Cr.

₹49.48 Cr.

ROE

33.27%%

120.91%%

ROCE

24.86%%

78.52%%

Debt/Equity

1.31

2.68

EPS

₹7.09

₹8.20

RoNW

33.27%%

75.36%%

Shares Offered

In the New Swan Multitech IPO retail investors (RII) are offered 16,66,000 shares while in Shree Marutinandan Tubes IPO retail investors are offered 16,66,000 shares. Qualified institutional buyers (QIB) are offered 9,52,000 shares in New Swan Multitech IPO and 0 shares in Shree Marutinandan Tubes IPO.

	New Swan Multitech IPO	Shree Marutinandan Tubes IPO
Anchor Investor Reserveration	14,28,000 shares
Market Maker Reserveration	2,56,000 shares	50,000 shares
QIB	9,52,000 shares	0 shares
NII	7,14,000 shares	4,75,000 shares
RII	16,66,000 shares	4,75,000 shares
Employee	0 shares	0 shares
Others
Total	33,32,000 shares	9,50,000 shares

Bids Received (Subscription)

New Swan Multitech IPO subscribed 384.26x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

	New Swan Multitech IPO	Shree Marutinandan Tubes IPO
QIB (times)	110.69x
NII (times)	739.72x	32.67x
Big NII (times)
Small NII (times)
RII (times)	388.23x	59.71x
Employee (times)
Other (times)
Total (times)	384.26x	47.16x

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