Macobs Technologies IPO vs RNFI Services IPO

Comparision between Macobs Technologies IPO and RNFI Services IPO.

IPO Details

Macobs Technologies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while RNFI Services IPO is a SME Book Built Issue proposed to list at NSE SME.

	Macobs Technologies IPO	RNFI Services 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	SKI Capital Services Limited	Choice Capital Advisors Pvt Ltd
Registrar	Maashitla Securities Private Limited	Skyline Financial Services Private Ltd
Market Maker	SKI Capital Services Limited	Choice Equity 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 Macobs Technologies IPO is up to ₹19.46 Cr whereas the issue size of the RNFI Services IPO is up to ₹70.81 Cr. The final issue price of Macobs Technologies IPO is ₹75.00 per share and of RNFI Services IPO is ₹105.00 per share.

	Macobs Technologies IPO	RNFI Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share	₹98.00 per share
Issue Price (Upper)	₹75.00 per share	₹105.00 per share
Issue Price (Final)	₹75.00 per share	₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	25,95,200 shares	67,44,000 shares
Fresh Issue Size (Amount)	up to ₹19.46 Cr	up to ₹70.81 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	25,95,200 shares	67,44,000 shares
Issue Size Total (Amount)	up to ₹19.46 Cr	up to ₹70.81 Cr

IPO Timetable

Macobs Technologies IPO opens on Jul 16, 2024, while RNFI Services IPO opens on Jul 22, 2024. The closing date of Macobs Technologies IPO and RNFI Services IPO is Jul 19, 2024, and Jul 24, 2024, respectively.

	Macobs Technologies IPO	RNFI Services IPO
Anchor Bid Date	Jul 15, 2024	Jul 19, 2024
Issue Open	Jul 16, 2024	Jul 22, 2024
Issue Close	Jul 19, 2024	Jul 24, 2024
Basis Of Allotment (Tentative)	Jul 22, 2024	Jul 25, 2024
Initiation of Refunds (Tentative)	Jul 23, 2024	Jul 26, 2024
Credit of Share (Tentative)	Jul 23, 2024	Jul 26, 2024
Listing date (Tentative)	Jul 24, 2024	Jul 29, 2024
Anchor Lockin End date 1	Aug 21, 2024	Aug 24, 2024
Anchor Lockin End date 2	Oct 20, 2024	Oct 23, 2024

Financials

Macobs Technologies IPO P/E ratio is 24.4, as compared to RNFI Services IPO P/E ratio of 19.19.

Macobs Technologies IPO

RNFI Services IPO

Financial

Macobs Technologies Limited Financial Information (Restated)

Macobs Technologies Limited's revenue increased by 39.91% and profit after tax (PAT) rose by 8.2% 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	1,443.44	595.05	152.51
Revenue	2,074.67	1,482.81	602.30
Profit After Tax	221.27	204.50	38.89
Net Worth	720.00	1.00	1.00
Reserves and Surplus	262.77	243.50	39.00
Total Borrowing	250.14	107.35	20.84
Amount in ₹ Lakhs

RNFI Services Limited Financial Information (Restated Consolidated)

RNFI Services Limited's revenue decreased by -11.81% and profit after tax (PAT) rose by 103.82% 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	19,051.38	12,526.71	11,661.34
Revenue	94,305.10	106,939.62	19,079.93
Profit After Tax	996.07	488.71	555.03
Net Worth	3,159.90	2,041.64	1,330.24
Reserves and Surplus	1,350.86	2,043.47	1,332.07
Total Borrowing	3,638.87	2,118.75	1,264.05
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

65%

89.53%

Promoter Shareholding (Post-Issue)

P/E Ratio

24.4

19.19

Market Cap

₹73.46 Cr.

₹262.00 Cr.

ROE

36.06%%

ROCE

30.53%%

29.74%%

Debt/Equity

1.02

EPS

₹3.07

₹5.47

RoNW

22.52%%

40.92%%

Shares Offered

In the Macobs Technologies IPO retail investors (RII) are offered 8,62,400 shares while in RNFI Services IPO retail investors are offered 8,62,400 shares. Qualified institutional buyers (QIB) are offered 2,96,000 shares in Macobs Technologies IPO and 12,72,000 shares in RNFI Services IPO.

	Macobs Technologies IPO	RNFI Services IPO
Anchor Investor Reserveration	4,43,200 shares	19,08,000 shares
Market Maker Reserveration	1,31,200 shares	3,84,000 shares
QIB	2,96,000 shares	12,72,000 shares
NII	8,62,400 shares	9,54,000 shares
RII	8,62,400 shares	22,26,000 shares
Employee	0 shares	0 shares
Others
Total	20,20,800 shares	44,52,000 shares

Bids Received (Subscription)

Macobs Technologies IPO subscribed 202.32x in total, whereas RNFI Services IPO subscribed 221.49x.

	Macobs Technologies IPO	RNFI Services IPO
QIB (times)	88.92x	140.66x
NII (times)	266.70x	513.31x
Big NII (times)
Small NII (times)
RII (times)	176.87x	142.62x
Employee (times)
Other (times)
Total (times)	202.32x	221.49x

Compare with others

Macobs Technologies IPO	RNFI Services IPO
Chetana Education IPO	Manglam Infra And Engineering IPO
Clinitech Laboratory IPO	Chetana Education IPO
VVIP Infratech IPO	Clinitech Laboratory IPO
V.L.Infraprojects IPO	VVIP Infratech IPO
RNFI Services IPO	V.L.Infraprojects IPO
Kataria Industries IPO	Macobs Technologies IPO
SAR Televenture FPO	Kataria Industries IPO
Tunwal E-Motors IPO	SAR Televenture FPO
Three M Paper Boards IPO	Tunwal E-Motors IPO
Prizor Viztech IPO	Three M Paper Boards IPO

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