Mono Pharmacare IPO vs Shoora Designs IPO

Comparision between Mono Pharmacare IPO and Shoora Designs IPO.

IPO Details

Mono Pharmacare IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shoora Designs IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Mono Pharmacare IPO	Shoora Designs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Unistone Capital Pvt Ltd	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Rikhav Securities Limited	Rikhav Securities 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 Mono Pharmacare IPO is up to ₹14.84 Cr whereas the issue size of the Shoora Designs IPO is up to ₹2.03 Cr. The final issue price of Mono Pharmacare IPO is ₹28.00 per share and of Shoora Designs IPO is ₹48.00 per share.

	Mono Pharmacare IPO	Shoora Designs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹26.00 per share
Issue Price (Upper)	₹28.00 per share
Issue Price (Final)	₹28.00 per share	₹48.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	3000 shares
Fresh Issue Size	53,00,000 shares	4,23,000 shares
Fresh Issue Size (Amount)	up to ₹14.84 Cr	up to ₹2.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	53,00,000 shares	4,24,000 shares
Issue Size Total (Amount)	up to ₹14.84 Cr	up to ₹2.03 Cr

IPO Timetable

Mono Pharmacare IPO opens on Aug 28, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Mono Pharmacare IPO and Shoora Designs IPO is Aug 30, 2023, and Aug 21, 2023, respectively.

	Mono Pharmacare IPO	Shoora Designs IPO
Anchor Bid Date
Issue Open	Aug 28, 2023	Aug 17, 2023
Issue Close	Aug 30, 2023	Aug 21, 2023
Basis Of Allotment (Tentative)	Sep 04, 2023	Aug 24, 2023
Initiation of Refunds (Tentative)	Sep 05, 2023	Aug 25, 2023
Credit of Share (Tentative)	Sep 06, 2023	Aug 28, 2023
Listing date (Tentative)	Sep 07, 2023	Aug 29, 2023
Anchor Lockin End date 1	Oct 04, 2023	Sep 23, 2023
Anchor Lockin End date 2	Dec 03, 2023	Nov 22, 2023

Financials

Mono Pharmacare IPO P/E ratio is , as compared to Shoora Designs IPO P/E ratio of 35.82.

Mono Pharmacare IPO

Shoora Designs IPO

Financial

Mono Pharmacare IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	871.70	1,122.46	1,438.31	6,257.39
Revenue	1,168.90	2,837.83	3,710.27
Profit After Tax	1.99	9.51	35.09
Net Worth	201.92	369.58	427.57
Reserves and Surplus				131.71
Total Borrowing	633.46	608.03	643.93

Amount in ₹ Lakhs

Shoora Designs IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	0.75	15.03	168.99
Revenue		16.26	210.61
Profit After Tax	-0.50	3.91	11.46
Net Worth	0.50	4.41	158.59
Reserves and Surplus	-0.50	3.41	51.02
Total Borrowing			0.30

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.02%

100.00%

Promoter Shareholding (Post-Issue)

71.77%

P/E Ratio

35.82

Market Cap

₹49.47 Cr.

₹7.19 Cr.

ROE

9.01%%

14.06%%

ROCE

10.34%%

9.89%%

Debt/Equity

2.92

EPS

₹1.99

₹1.34

RoNW

9.01%%

7.22%%

Shares Offered

In the Mono Pharmacare IPO retail investors (RII) are offered 22,64,000 shares while in Shoora Designs IPO retail investors are offered 22,64,000 shares. Qualified institutional buyers (QIB) are offered 5,00,000 shares in Mono Pharmacare IPO and 0 shares in Shoora Designs IPO.

	Mono Pharmacare IPO	Shoora Designs IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,76,000 shares	27,000 shares
QIB	5,00,000 shares	0 shares
NII	22,60,000 shares	1,98,000 shares
RII	22,64,000 shares	1,98,000 shares
Employee	0 shares	0 shares
Others
Total	50,24,000 shares	3,96,000 shares

Bids Received (Subscription)

Mono Pharmacare IPO subscribed 13.42x in total, whereas Shoora Designs IPO subscribed 64.52x.

	Mono Pharmacare IPO	Shoora Designs IPO
QIB (times)	10.89x
NII (times)	8.00x	34.68x
Big NII (times)
Small NII (times)
RII (times)	19.40x	93.73x
Employee (times)
Other (times)
Total (times)	13.42x	64.52x

Compare with others

Mono Pharmacare IPO	Shoora Designs IPO
Kahan Packaging IPO	Basilic Fly Studio IPO
Pramara Promotions IPO	C P S Shapers IPO
Saroja Pharma Industries IPO	Mono Pharmacare IPO
Basilic Fly Studio IPO	Sungarner Energies IPO
C P S Shapers IPO	Sahaj Fashions IPO
Sungarner Energies IPO	Bondada Engineering IPO
Sahaj Fashions IPO	Crop Life Science IPO
Shoora Designs IPO	Shelter Pharma IPO
Bondada Engineering IPO	Sangani Hospitals IPO
Crop Life Science IPO	Yudiz Solutions IPO

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