Marco Cables & Conductors IPO vs Sunita Tools IPO

Comparision between Marco Cables & Conductors IPO and Sunita Tools IPO.

IPO Details

Marco Cables & Conductors IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Marco Cables & Conductors IPO	Sunita Tools IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Shreni Shares Limited	Ss Corporate 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 Marco Cables & Conductors IPO is up to ₹18.73 Cr whereas the issue size of the Sunita Tools IPO is up to ₹22.04 Cr. The final issue price of Marco Cables & Conductors IPO is ₹36.00 per share and of Sunita Tools IPO is ₹145.00 per share.

	Marco Cables & Conductors IPO	Sunita Tools IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹145.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1000 shares
Fresh Issue Size	26,01,000 shares	13,20,000 shares
Fresh Issue Size (Amount)	up to ₹9.36 Cr	up to ₹19.14 Cr
OFS Issue Size	26,01,000 shares	2,00,000 shares
OFS Issue Size (Amount)	up to ₹9.36 Cr	up to ₹2.90 Cr
Issue Size Total	52,02,000 shares	15,20,000 shares
Issue Size Total (Amount)	up to ₹18.73 Cr	up to ₹22.04 Cr

IPO Timetable

Marco Cables & Conductors IPO opens on Sep 21, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Marco Cables & Conductors IPO and Sunita Tools IPO is Sep 25, 2023, and Oct 03, 2023, respectively.

	Marco Cables & Conductors IPO	Sunita Tools IPO
Anchor Bid Date
Issue Open	Sep 21, 2023	Sep 26, 2023
Issue Close	Sep 25, 2023	Oct 03, 2023
Basis Of Allotment (Tentative)	Sep 28, 2023	Oct 04, 2023
Initiation of Refunds (Tentative)	Sep 29, 2023	Oct 05, 2023
Credit of Share (Tentative)	Oct 03, 2023	Oct 06, 2023
Listing date (Tentative)	Sep 28, 2023	Oct 11, 2023
Anchor Lockin End date 1	Oct 28, 2023	Nov 03, 2023
Anchor Lockin End date 2	Dec 27, 2023	Jan 02, 2024

Financials

Marco Cables & Conductors IPO P/E ratio is 20.22, as compared to Sunita Tools IPO P/E ratio of 16.88.

Marco Cables & Conductors IPO

Sunita Tools 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

Sunita Tools IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,351.82	1,422.66	2,537.71
Revenue	691.50	888.88	1,417.33
Profit After Tax	26.66	80.99	337.71
Net Worth	-348.02	-267.02	320.69
Reserves and Surplus	-528.52	-447.52	-109.81
Total Borrowing	1,334.63	1,249.16	1,659.96

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

72.18%

72.97%

P/E Ratio

20.22

16.88

Market Cap

₹67.32 Cr.

₹81.56 Cr.

ROE

22.41%%

12.59%

ROCE

16.93%%

0.38%

Debt/Equity

2.41

5.17

EPS

₹1.78

₹13.96

RoNW

17.98%%

105.31%%

Shares Offered

In the Marco Cables & Conductors IPO retail investors (RII) are offered 24,57,000 shares while in Sunita Tools IPO retail investors are offered 24,57,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Marco Cables & Conductors IPO and 0 shares in Sunita Tools IPO.

	Marco Cables & Conductors IPO	Sunita Tools IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	78,000 shares
QIB	0 shares	0 shares
NII	24,57,000 shares	7,21,000 shares
RII	24,57,000 shares	7,21,000 shares
Employee	0 shares	0 shares
Others
Total	49,14,000 shares	14,42,000 shares

Bids Received (Subscription)

Marco Cables & Conductors IPO subscribed 30.90x in total, whereas Sunita Tools IPO subscribed 13.24x.

	Marco Cables & Conductors IPO	Sunita Tools IPO
QIB (times)
NII (times)	24.36x	5.27x
Big NII (times)
Small NII (times)
RII (times)	35.24x	21.10x
Employee (times)
Other (times)
Total (times)	30.90x	13.24x

Compare with others

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

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