MTAR Technologies IPO vs Nureca limited IPO

Comparision between MTAR Technologies IPO and Nureca limited IPO.

IPO Details

MTAR Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Nureca limited IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	MTAR Technologies IPO	Nureca limited IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Iifl Securities Ltd Jm Financial Limited	Iti Capital Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 MTAR Technologies IPO is up to ₹596.41 Cr whereas the issue size of the Nureca limited IPO is up to ₹100.00 Cr. The final issue price of MTAR Technologies IPO is ₹575.00 per share and of Nureca limited IPO is ₹400.00 per share.

	MTAR Technologies IPO	Nureca limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹574.00 per share	₹396.00 per share
Issue Price (Upper)	₹575.00 per share	₹400.00 per share
Issue Price (Final)	₹575.00 per share	₹400.00 per share
Discount (Retail)
Discount (Employee)		₹20.00 per share
Market Lot Size	26 shares	35 shares
Fresh Issue Size	21,48,149 shares
Fresh Issue Size (Amount)	up to ₹123.52 Cr	up to ₹100.00 Cr
OFS Issue Size	82,24,270 shares
OFS Issue Size (Amount)	up to ₹472.90 Cr
Issue Size Total	1,03,72,419 shares
Issue Size Total (Amount)	up to ₹596.41 Cr	up to ₹100.00 Cr

IPO Timetable

MTAR Technologies IPO opens on Mar 03, 2021, while Nureca limited IPO opens on Feb 15, 2021. The closing date of MTAR Technologies IPO and Nureca limited IPO is Mar 05, 2021, and Feb 17, 2021, respectively.

	MTAR Technologies IPO	Nureca limited IPO
Anchor Bid Date
Issue Open	Mar 03, 2021	Feb 15, 2021
Issue Close	Mar 05, 2021	Feb 17, 2021
Basis Of Allotment (Tentative)	Mar 10, 2021	Feb 23, 2021
Initiation of Refunds (Tentative)	Mar 12, 2021	Feb 24, 2021
Credit of Share (Tentative)	Mar 15, 2021	Feb 24, 2021
Listing date (Tentative)	Mar 15, 2021	Feb 25, 2021
Anchor Lockin End date 1	Apr 09, 2021	Mar 25, 2021
Anchor Lockin End date 2	Jun 08, 2021	May 24, 2021

Financials

MTAR Technologies IPO P/E ratio is , as compared to Nureca limited IPO P/E ratio of .

MTAR Technologies IPO

Nureca limited IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,819.14	3,462.71	3,051.58	2,810.32
Total Revenue	1,779.91	2,181.42	1,859.10	1,605.45
Profit After Tax	280.69	313.18	391.99	54.23

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,024.88	338.83	235.18	70.19
Total Revenue	1,229.73	994.87	619.83	200.69
Profit After Tax	361.80	63.95	62.26	31.12

Promoter Shareholding (Pre-Issue)

62.24%

93.33%

Promoter Shareholding (Post-Issue)

50.25%

70%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the MTAR Technologies IPO retail investors (RII) are offered 36,30,347 shares while in Nureca limited IPO retail investors are offered 36,30,347 shares. Qualified institutional buyers (QIB) are offered 20,74,484 shares in MTAR Technologies IPO and 7,50,000 shares in Nureca limited IPO.

	MTAR Technologies IPO	Nureca limited IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	20,74,484 shares	7,50,000 shares
NII	15,55,863 shares	3,75,000 shares
RII	36,30,347 shares	2,50,000 shares
Employee	0 shares	26,595 shares
Others
Total	72,60,694 shares	14,01,595 shares

Bids Received (Subscription)

MTAR Technologies IPO subscribed 200.79x in total, whereas Nureca limited IPO subscribed 39.93x.

	MTAR Technologies IPO	Nureca limited IPO
QIB (times)	164.99x	3.10x
NII (times)	650.79x	31.59x
Big NII (times)
Small NII (times)
RII (times)	28.40x	166.65x
Employee (times)		4.82x
Other (times)
Total (times)	200.79x	39.93x

Compare with others

MTAR Technologies IPO	Nureca limited IPO
Anupam Rasayan IPO	Craftsman Automation IPO
Laxmi Organic IPO	Nazara Technologies IPO
Craftsman Automation IPO	EaseMyTrip IPO
Nazara Technologies IPO	MTAR Technologies IPO
EaseMyTrip IPO	Heranba Industries IPO
Heranba Industries IPO	Brookfield India REIT
Nureca limited IPO	Stove Kraft IPO
Brookfield India REIT	Home First Finance IPO
Stove Kraft IPO	Indigo Paints IPO
Home First Finance IPO	Antony Waste IPO

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