Marinetrans India IPO vs Presstonic Engineering IPO

Comparision between Marinetrans India IPO and Presstonic Engineering IPO.

IPO Details

Marinetrans India IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Presstonic Engineering IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Marinetrans India IPO	Presstonic Engineering IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Swaraj shares and securities private limited	Finshore Management Services Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
Market Maker	Nnm Securities Private Limited	Nikunj Stock Brokers Limited
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 Marinetrans India IPO is up to ₹10.92 Cr whereas the issue size of the Presstonic Engineering IPO is up to ₹23.30 Cr. The final issue price of Marinetrans India IPO is ₹26.00 per share and of Presstonic Engineering IPO is ₹72.00 per share.

	Marinetrans India IPO	Presstonic Engineering IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹26.00 per share	₹72.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size	42,00,000 shares	32,36,800 shares
Fresh Issue Size (Amount)	up to ₹10.92 Cr	up to ₹23.30 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	42,00,000 shares	32,36,800 shares
Issue Size Total (Amount)	up to ₹10.92 Cr	up to ₹23.30 Cr

IPO Timetable

Marinetrans India IPO opens on Nov 30, 2023, while Presstonic Engineering IPO opens on Dec 11, 2023. The closing date of Marinetrans India IPO and Presstonic Engineering IPO is Dec 05, 2023, and Dec 13, 2023, respectively.

	Marinetrans India IPO	Presstonic Engineering IPO
Anchor Bid Date
Issue Open	Nov 30, 2023	Dec 11, 2023
Issue Close	Dec 05, 2023	Dec 13, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Dec 14, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Dec 15, 2023
Credit of Share (Tentative)	Dec 07, 2023	Dec 15, 2023
Listing date (Tentative)	Dec 08, 2023	Dec 18, 2023
Anchor Lockin End date 1	Jan 05, 2024	Jan 13, 2024
Anchor Lockin End date 2	Mar 05, 2024	Mar 13, 2024

Financials

Marinetrans India IPO P/E ratio is 14.53, as compared to Presstonic Engineering IPO P/E ratio of 6.28.

Marinetrans India IPO

Presstonic Engineering IPO

Financial

Marinetrans India Limited Financial Information (Restated Consolidated)

Marinetrans India Limited's revenue decreased by -26.03% and profit after tax (PAT) dropped by -17.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 May 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,615.36	2,618.58	2,305.89	2,204.06
Revenue	1,384.38	15,036.84	20,327.23	9,613.13
Profit After Tax	13.91	152.83	186.24	79.78
Net Worth	1,617.96	1,604.04	1,451.22	1,255.94
Reserves and Surplus
Total Borrowing	603.68	557.98	252.75	212.38
Amount in ₹ Lakhs

Presstonic Engineering Limited Financial Information (Restated)

Presstonic Engineering Limited's revenue increased by 66.11% and profit after tax (PAT) rose by 1721.76% 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	2,850.69	2,737.68	2,496.71	2,386.97
Revenue	1,431.67	2,113.27	1,272.21	769.44
Profit After Tax	152.21	256.14	14.06	-16.94
Net Worth	645.57	493.36	237.22	223.16
Reserves and Surplus	198.50	269.83	13.69	-0.37
Total Borrowing	1,536.97	1,645.27	1,797.08	1,774.95
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.97%

Promoter Shareholding (Post-Issue)

57.99%

P/E Ratio

14.53

6.28

Market Cap

₹33.09 Cr.

₹55.49 Cr.

ROE

10.00%%

115%%

ROCE

11.29%%

87%%

Debt/Equity

0.35

0.98

EPS

₹1.79

₹5.73

RoNW

9.53%%

51.92%%

Shares Offered

In the Marinetrans India IPO retail investors (RII) are offered 19,92,000 shares while in Presstonic Engineering IPO retail investors are offered 19,92,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Marinetrans India IPO and 0 shares in Presstonic Engineering IPO.

	Marinetrans India IPO	Presstonic Engineering IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,16,000 shares	1,63,200 shares
QIB	0 shares	0 shares
NII	19,92,000 shares	15,37,600 shares
RII	19,92,000 shares	15,36,000 shares
Employee	0 shares	0 shares
Others
Total	39,84,000 shares	30,73,600 shares

Bids Received (Subscription)

Marinetrans India IPO subscribed 33.00x in total, whereas Presstonic Engineering IPO subscribed 168.25x.

	Marinetrans India IPO	Presstonic Engineering IPO
QIB (times)
NII (times)	18.05x	133.56x
Big NII (times)
Small NII (times)
RII (times)	47.24x	188.94x
Employee (times)
Other (times)
Total (times)	33.00x	168.25x

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Accent Microcell IPO	Siyaram Recycling IPO
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AMIC Forging IPO	Marinetrans India IPO
Net Avenue Technologies IPO	Shanti Spintex IPO
Deepak Chemtex IPO	Graphisads IPO

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