Macfos IPO vs Srivasavi Adhesive Tapes IPO

Comparision between Macfos IPO and Srivasavi Adhesive Tapes IPO.

IPO Details

Macfos IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Srivasavi Adhesive Tapes IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Macfos IPO	Srivasavi Adhesive Tapes IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Securities Ltd.	Shreni Shares 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 Macfos IPO is up to ₹23.74 Cr whereas the issue size of the Srivasavi Adhesive Tapes IPO is up to ₹15.50 Cr. The final issue price of Macfos IPO is ₹102.00 per share and of Srivasavi Adhesive Tapes IPO is ₹41.00 per share.

	Macfos IPO	Srivasavi Adhesive Tapes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹96.00 per share
Issue Price (Upper)	₹102.00 per share
Issue Price (Final)	₹102.00 per share	₹41.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size		37,80,000 shares
Fresh Issue Size (Amount)		up to ₹15.50 Cr
OFS Issue Size	23,28,000 shares
OFS Issue Size (Amount)	up to ₹23.74 Cr
Issue Size Total	23,28,000 shares	37,80,000 shares
Issue Size Total (Amount)	up to ₹23.74 Cr	up to ₹15.50 Cr

IPO Timetable

Macfos IPO opens on Feb 17, 2023, while Srivasavi Adhesive Tapes IPO opens on Feb 23, 2023. The closing date of Macfos IPO and Srivasavi Adhesive Tapes IPO is Feb 21, 2023, and Feb 28, 2023, respectively.

	Macfos IPO	Srivasavi Adhesive Tapes IPO
Anchor Bid Date	Feb 16, 2023
Issue Open	Feb 17, 2023	Feb 23, 2023
Issue Close	Feb 21, 2023	Feb 28, 2023
Basis Of Allotment (Tentative)	Feb 24, 2023	Mar 03, 2023
Initiation of Refunds (Tentative)	Feb 27, 2023	Mar 06, 2023
Credit of Share (Tentative)	Feb 28, 2023	Mar 08, 2023
Listing date (Tentative)	Mar 01, 2023	Mar 09, 2023
Anchor Lockin End date 1	Mar 26, 2023	Apr 02, 2023
Anchor Lockin End date 2	May 25, 2023	Jun 01, 2023

Financials

Macfos IPO P/E ratio is 15.22, as compared to Srivasavi Adhesive Tapes IPO P/E ratio of 16.08.

Macfos IPO

Srivasavi Adhesive Tapes IPO

Financial

Macfos Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	624.62	1,622.16	32.97	52.55	51.55	433.12
31-Mar-21	941.75	2,733.76	158.31	310.66	309.64	350.13
31-Mar-22	2,047.20	5,587.07	601.27	911.93	910.91	603.26
30-Sep-22	2,598.74	3,605.40	295.85	1,207.78	1,206.76	938.00
Amount in ₹ Lakhs

Srivasavi Adhesive Tapes Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,038.86	4,634.50	101.13	494.07	369.34	572.93
31-Mar-21	2,263.66	5,566.61	187.34	681.41	556.68	395.02
31-Mar-22	2,763.35	6,392.19	362.12	1,043.53	918.80	607.08
30-Sep-22	3,051.98	3,072.61	180.73	1,224.25	184.84	600.06
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

99.84%

Promoter Shareholding (Post-Issue)

73.65%

73.21%

P/E Ratio

15.22

16.08

Market Cap

₹90.12 Cr.

₹58.11 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Macfos IPO retail investors (RII) are offered 7,75,200 shares while in Srivasavi Adhesive Tapes IPO retail investors are offered 7,75,200 shares. Qualified institutional buyers (QIB) are offered 11,04,000 shares in Macfos IPO and in Srivasavi Adhesive Tapes IPO.

	Macfos IPO	Srivasavi Adhesive Tapes IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,16,400 shares	1,92,000 shares
QIB	11,04,000 shares
NII	3,32,400 shares	17,94,000 shares
RII	7,75,200 shares	17,94,000 shares
Employee
Others
Total	23,28,000 shares	35,88,000 shares

Bids Received (Subscription)

Macfos IPO subscribed 193.87x in total, whereas Srivasavi Adhesive Tapes IPO subscribed 7.75x.

	Macfos IPO	Srivasavi Adhesive Tapes IPO
QIB (times)	21.60x
NII (times)	659.99x	7.12x
Big NII (times)
Small NII (times)
RII (times)	268.45x	8.38x
Employee (times)
Other (times)
Total (times)	193.87x	7.75x

Compare with others

Macfos IPO	Srivasavi Adhesive Tapes IPO
Amanaya Ventures IPO	Vertexplus Technologies IPO
ResGen IPO	MCON Rasayan IPO
Srivasavi Adhesive Tapes IPO	Systango Technologies IPO
SVJ Enterprises IPO	Amanaya Ventures IPO
Sealmatic India IPO	ResGen IPO
ITCONS E-Solutions IPO	SVJ Enterprises IPO
Viaz Tyres IPO	Sealmatic India IPO
Patron Exim IPO	Macfos IPO
Lead Reclaim and Rubber Products IPO	ITCONS E-Solutions IPO
Indong Tea Company IPO	Viaz Tyres IPO

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