My Mudra Fincorp IPO vs Shubhshree Biofuels Energy IPO

Comparision between My Mudra Fincorp IPO and Shubhshree Biofuels Energy IPO.

IPO Details

My Mudra Fincorp IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shubhshree Biofuels Energy IPO is a SME Book Built Issue proposed to list at NSE SME.

	My Mudra Fincorp IPO	Shubhshree Biofuels Energy 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	Hem Securities Limited	Hem Securities Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Hem Finlease 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 My Mudra Fincorp IPO is up to ₹33.26 Cr whereas the issue size of the Shubhshree Biofuels Energy IPO is up to ₹16.56 Cr. The final issue price of My Mudra Fincorp IPO is ₹110.00 per share and of Shubhshree Biofuels Energy IPO is ₹119.00 per share.

	My Mudra Fincorp IPO	Shubhshree Biofuels Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹104.00 per share	₹113.00 per share
Issue Price (Upper)	₹110.00 per share	₹119.00 per share
Issue Price (Final)	₹110.00 per share	₹119.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	30,24,000 shares	13,92,000 shares
Fresh Issue Size (Amount)	up to ₹33.26 Cr	up to ₹16.56 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,24,000 shares	13,92,000 shares
Issue Size Total (Amount)	up to ₹33.26 Cr	up to ₹16.56 Cr

IPO Timetable

My Mudra Fincorp IPO opens on Sep 05, 2024, while Shubhshree Biofuels Energy IPO opens on Sep 09, 2024. The closing date of My Mudra Fincorp IPO and Shubhshree Biofuels Energy IPO is Sep 09, 2024, and Sep 11, 2024, respectively.

	My Mudra Fincorp IPO	Shubhshree Biofuels Energy IPO
Anchor Bid Date		Sep 06, 2024
Issue Open	Sep 05, 2024	Sep 09, 2024
Issue Close	Sep 09, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 10, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 11, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 11, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 12, 2024	Sep 16, 2024
Anchor Lockin End date 1		Oct 12, 2024
Anchor Lockin End date 2		Dec 11, 2024

Financials

My Mudra Fincorp IPO P/E ratio is 11.02, as compared to Shubhshree Biofuels Energy IPO P/E ratio of 13.89.

My Mudra Fincorp IPO

Shubhshree Biofuels Energy IPO

Financial

My Mudra Fincorp Limited Financial Information (Restated)

My Mudra Fincorp Limited's revenue increased by 33% and profit after tax (PAT) rose by 141% 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	3,027.82	1,485.01	939.6
Revenue	7,114.36	5,355.8	2,846.18
Profit After Tax	835.52	346.75	46.86
Net Worth	1,679.79	844.27	437.88
Reserves and Surplus	1,678.61	843.08	436.81
Total Borrowing	964.41	371.1	341.2
Amount in ₹ Lakhs

Shubhshree Biofuels Energy Limited Financial Information (Restated)

Shubhshree Biofuels Energy Limited's revenue increased by 59% and profit after tax (PAT) rose by 36% 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	1,396.84	593.12	185.61
Revenue	9,488.32	5,971.24	791.83
Profit After Tax	329.77	242.38	27.46
Net Worth	711.27	256.5	14.12
Reserves and Surplus	326.27	255.5	13.12
Total Borrowing	60.66	91.06	48.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

78.74%

100.00%

Promoter Shareholding (Post-Issue)

57.84%

73.45%

P/E Ratio

11.02

13.89

Market Cap

₹125.31 Cr.

₹62.38 Cr.

ROE

66.20%%

68.15%%

ROCE

45.98%%

61.67%%

Debt/Equity

0.09

EPS

₹9.98

₹8.57

RoNW

49.74%%

46.36%%

Shares Offered

In the My Mudra Fincorp IPO retail investors (RII) are offered 10,05,600 shares while in Shubhshree Biofuels Energy IPO retail investors are offered 10,05,600 shares. Qualified institutional buyers (QIB) are offered 5,74,800 shares in My Mudra Fincorp IPO and 2,33,900 shares in Shubhshree Biofuels Energy IPO.

	My Mudra Fincorp IPO	Shubhshree Biofuels Energy IPO
Anchor Investor Reserveration	8,59,200 shares	3,93,600 shares
Market Maker Reserveration	1,53,600 shares	72,000 shares
QIB	5,74,800 shares	2,33,900 shares
NII	4,30,800 shares	1,99,200 shares
RII	10,05,600 shares	4,63,200 shares
Employee	0 shares	0 shares
Others
Total	20,11,200 shares	8,96,300 shares

Bids Received (Subscription)

My Mudra Fincorp IPO subscribed 102.48x in total, whereas Shubhshree Biofuels Energy IPO subscribed 132.89x.

	My Mudra Fincorp IPO	Shubhshree Biofuels Energy IPO
QIB (times)	48.83x	31.32x
NII (times)	159.37x	245.74x
Big NII (times)
Small NII (times)
RII (times)	108.77x	135.65x
Employee (times)
Other (times)
Total (times)	102.48x	132.89x

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