Marco Cables & Conductors IPO vs Saakshi Medtech and Panels IPO

Comparision between Marco Cables & Conductors IPO and Saakshi Medtech and Panels IPO.

IPO Details

Marco Cables & Conductors IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Saakshi Medtech and Panels IPO is a SME Book Built Issue proposed to list at NSE SME.

	Marco Cables & Conductors IPO	Saakshi Medtech and Panels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Hem Finlease Private 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 Marco Cables & Conductors IPO is up to ₹18.73 Cr whereas the issue size of the Saakshi Medtech and Panels IPO is up to ₹45.16 Cr. The final issue price of Marco Cables & Conductors IPO is ₹36.00 per share and of Saakshi Medtech and Panels IPO is ₹97.00 per share.

	Marco Cables & Conductors IPO	Saakshi Medtech and Panels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹92.00 per share
Issue Price (Upper)		₹97.00 per share
Issue Price (Final)	₹36.00 per share	₹97.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	26,01,000 shares	46,56,000 shares
Fresh Issue Size (Amount)	up to ₹9.36 Cr	up to ₹45.16 Cr
OFS Issue Size	26,01,000 shares
OFS Issue Size (Amount)	up to ₹9.36 Cr
Issue Size Total	52,02,000 shares	46,56,000 shares
Issue Size Total (Amount)	up to ₹18.73 Cr	up to ₹45.16 Cr

IPO Timetable

Marco Cables & Conductors IPO opens on Sep 21, 2023, while Saakshi Medtech and Panels IPO opens on Sep 25, 2023. The closing date of Marco Cables & Conductors IPO and Saakshi Medtech and Panels IPO is Sep 25, 2023, and Sep 27, 2023, respectively.

	Marco Cables & Conductors IPO	Saakshi Medtech and Panels IPO
Anchor Bid Date		Sep 22, 2023
Issue Open	Sep 21, 2023	Sep 25, 2023
Issue Close	Sep 25, 2023	Sep 27, 2023
Basis Of Allotment (Tentative)	Sep 28, 2023	Oct 03, 2023
Initiation of Refunds (Tentative)	Sep 29, 2023	Oct 04, 2023
Credit of Share (Tentative)	Oct 03, 2023	Oct 05, 2023
Listing date (Tentative)	Sep 28, 2023	Oct 03, 2023
Anchor Lockin End date 1	Oct 28, 2023	Nov 02, 2023
Anchor Lockin End date 2	Dec 27, 2023	Jan 01, 2024

Financials

Marco Cables & Conductors IPO P/E ratio is 20.22, as compared to Saakshi Medtech and Panels IPO P/E ratio of 10.18.

Marco Cables & Conductors IPO

Saakshi Medtech and Panels IPO

Financial

Marco Cables & Conductors IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,658.84	5,954.62	6,993.44
Revenue	4,282.91	5,665.31	5,693.72
Profit After Tax	12.25	33.49	280.71
Net Worth	911.25	944.75	1,560.86
Reserves and Surplus	621.84	655.34	1,238.90
Total Borrowing	3,522.22	3,665.19	3,757.73

Amount in ₹ Lakhs

Saakshi Medtech and Panels IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,591.50	6,521.91	9,324.22
Revenue	6,022.17	9,169.35	12,220.19
Profit After Tax	220.08	937.59	1,238.30
Net Worth	2,048.17	2,985.77	4,224.07
Reserves and Surplus	1,788.17	2,725.77	3,964.07
Total Borrowing	2,199.44	1,635.78	2,007.45

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

72.18%

73.63%

P/E Ratio

20.22

10.18

Market Cap

₹67.32 Cr.

₹171.26 Cr.

ROE

22.41%%

34.35%%

ROCE

16.93%%

28.57%%

Debt/Equity

2.41

0.48

EPS

₹1.78

₹9.53

RoNW

17.98%%

29.32%%

Shares Offered

In the Marco Cables & Conductors IPO retail investors (RII) are offered 24,57,000 shares while in Saakshi Medtech and Panels IPO retail investors are offered 24,57,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Marco Cables & Conductors IPO and 8,84,400 shares in Saakshi Medtech and Panels IPO.

	Marco Cables & Conductors IPO	Saakshi Medtech and Panels IPO
Anchor Investor Reserveration		13,24,800 shares
Market Maker Reserveration	2,88,000 shares	2,35,200 shares
QIB	0 shares	8,84,400 shares
NII	24,57,000 shares	6,63,600 shares
RII	24,57,000 shares	15,48,000 shares
Employee	0 shares	0 shares
Others
Total	49,14,000 shares	30,96,000 shares

Bids Received (Subscription)

Marco Cables & Conductors IPO subscribed 30.90x in total, whereas Saakshi Medtech and Panels IPO subscribed 91.65x.

	Marco Cables & Conductors IPO	Saakshi Medtech and Panels IPO
QIB (times)		37.35x
NII (times)	24.36x	200.78x
Big NII (times)
Small NII (times)
RII (times)	35.24x	75.88x
Employee (times)
Other (times)
Total (times)	30.90x	91.65x

Compare with others

Marco Cables & Conductors IPO	Saakshi Medtech and Panels IPO
Inspire Films IPO	Rajgor Castor Derivatives IPO
Goyal Salt IPO	Arabian Petroleum IPO
Saakshi Medtech and Panels IPO	Newjaisa Technologies IPO
Organic Recycling Systems IPO	Inspire Films IPO
Sunita Tools IPO	Goyal Salt IPO
Mangalam Alloys IPO	Organic Recycling Systems IPO
Master Components IPO	Sunita Tools IPO
Techknowgreen Solutions IPO	Marco Cables & Conductors IPO
Hi-Green Carbon IPO	Mangalam Alloys IPO
Kody Technolab IPO	Master Components IPO

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