Marinetrans India IPO vs Shree OSFM E-Mobility IPO

Comparision between Marinetrans India IPO and Shree OSFM E-Mobility IPO.

IPO Details

Marinetrans India IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shree OSFM E-Mobility IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Marinetrans India IPO	Shree OSFM E-Mobility 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	First Overseas Capital Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Nnm Securities Private Limited	Bhh Securities Private 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 Shree OSFM E-Mobility IPO is up to ₹24.60 Cr. The final issue price of Marinetrans India IPO is ₹26.00 per share and of Shree OSFM E-Mobility IPO is ₹65.00 per share.

	Marinetrans India IPO	Shree OSFM E-Mobility IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹26.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size	42,00,000 shares	37,84,000 shares
Fresh Issue Size (Amount)	up to ₹10.92 Cr	up to ₹24.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	42,00,000 shares	37,84,000 shares
Issue Size Total (Amount)	up to ₹10.92 Cr	up to ₹24.60 Cr

IPO Timetable

Marinetrans India IPO opens on Nov 30, 2023, while Shree OSFM E-Mobility IPO opens on Dec 14, 2023. The closing date of Marinetrans India IPO and Shree OSFM E-Mobility IPO is Dec 05, 2023, and Dec 18, 2023, respectively.

	Marinetrans India IPO	Shree OSFM E-Mobility IPO
Anchor Bid Date
Issue Open	Nov 30, 2023	Dec 14, 2023
Issue Close	Dec 05, 2023	Dec 18, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Dec 19, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Dec 20, 2023
Credit of Share (Tentative)	Dec 07, 2023	Dec 20, 2023
Listing date (Tentative)	Dec 08, 2023	Dec 21, 2023
Anchor Lockin End date 1	Jan 05, 2024	Jan 18, 2024
Anchor Lockin End date 2	Mar 05, 2024	Mar 18, 2024

Financials

Marinetrans India IPO P/E ratio is 14.53, as compared to Shree OSFM E-Mobility IPO P/E ratio of 22.08.

Marinetrans India IPO

Shree OSFM E-Mobility 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

Shree OSFM E-Mobility Limited Financial Information (Restated)

Shree OSFM E-Mobility Limited's revenue increased by 168.25% and profit after tax (PAT) rose by 89.88% 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	5,019.67	4,203.97	2,588.41	2,909.86
Revenue	5,597.09	8,261.01	3,079.58	2,978.51
Profit After Tax	222.59	309.09	162.78	73.76
Net Worth	2,267.95	2,045.36	1,736.27	1,607.99
Reserves and Surplus	1,217.95	995.36	1,586.27	1,457.99
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

76.02%

Promoter Shareholding (Post-Issue)

55.88%

P/E Ratio

14.53

22.08

Market Cap

₹33.09 Cr.

₹92.85 Cr.

ROE

10.00%%

0.09%%

ROCE

11.29%%

0.21%%

Debt/Equity

0.35

0.45

EPS

₹1.79

₹2.94

RoNW

9.53%%

15.11%%

Shares Offered

In the Marinetrans India IPO retail investors (RII) are offered 19,92,000 shares while in Shree OSFM E-Mobility 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 Shree OSFM E-Mobility IPO.

	Marinetrans India IPO	Shree OSFM E-Mobility IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,16,000 shares	2,00,000 shares
QIB	0 shares	0 shares
NII	19,92,000 shares	17,92,000 shares
RII	19,92,000 shares	17,92,000 shares
Employee	0 shares	0 shares
Others
Total	39,84,000 shares	35,84,000 shares

Bids Received (Subscription)

Marinetrans India IPO subscribed 33.00x in total, whereas Shree OSFM E-Mobility IPO subscribed 8.52x.

	Marinetrans India IPO	Shree OSFM E-Mobility IPO
QIB (times)
NII (times)	18.05x	6.82x
Big NII (times)
Small NII (times)
RII (times)	47.24x	9.30x
Employee (times)
Other (times)
Total (times)	33.00x	8.52x

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