Maks Energy IPO vs Tapi Fruit Processing IPO

Comparision between Maks Energy IPO and Tapi Fruit Processing IPO.

IPO Details

Maks Energy IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Tapi Fruit Processing IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Maks Energy IPO	Tapi Fruit Processing 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	Sun Capital Advisory Services (P) Ltd	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Maks Energy IPO is up to ₹4.00 Cr whereas the issue size of the Tapi Fruit Processing IPO is up to ₹5.21 Cr. The final issue price of Maks Energy IPO is ₹20.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.

	Maks Energy IPO	Tapi Fruit Processing IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹20.00 per share	₹48.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	3000 shares
Fresh Issue Size	19,98,000 shares	10,86,000 shares
Fresh Issue Size (Amount)	up to ₹4.00 Cr	up to ₹5.21 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	19,98,000 shares	10,86,000 shares
Issue Size Total (Amount)	up to ₹4.00 Cr	up to ₹5.21 Cr

IPO Timetable

Maks Energy IPO opens on Sep 16, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Maks Energy IPO and Tapi Fruit Processing IPO is Sep 20, 2022, and Sep 14, 2022, respectively.

	Maks Energy IPO	Tapi Fruit Processing IPO
Anchor Bid Date
Issue Open	Sep 16, 2022	Sep 12, 2022
Issue Close	Sep 20, 2022	Sep 14, 2022
Basis Of Allotment (Tentative)	Sep 23, 2022	Sep 19, 2022
Initiation of Refunds (Tentative)	Sep 26, 2022	Sep 20, 2022
Credit of Share (Tentative)	Sep 26, 2022	Sep 21, 2022
Listing date (Tentative)	Sep 28, 2022	Sep 22, 2022
Anchor Lockin End date 1	Oct 23, 2022	Oct 19, 2022
Anchor Lockin End date 2	Dec 22, 2022	Dec 18, 2022

Financials

Maks Energy IPO P/E ratio is , as compared to Tapi Fruit Processing IPO P/E ratio of 120.

Maks Energy IPO

Tapi Fruit Processing IPO

Financial

Maks Energy Solutions India Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	4230.54	4335.03	168.77
31-Mar-21	4114.73	2091.75	-0.8
31-Mar-22	3586.58	2824.66	51.34
Amount in ₹ Lakhs

Tapi Fruit Processing Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	589.18	1145.69	-0.86	17.36	-7.64
31-Mar-21	737.4	1312.5	10.06	27.42	2.42
31-Mar-22	802.88	1522.09	15.6	43.02	18.02
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.94%

Promoter Shareholding (Post-Issue)

71.19%

P/E Ratio

120

Market Cap

₹13.87 Cr.

₹18.79 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Maks Energy IPO retail investors (RII) are offered 9,48,000 shares while in Tapi Fruit Processing IPO retail investors are offered 9,48,000 shares. Qualified institutional buyers (QIB) are offered in Maks Energy IPO and in Tapi Fruit Processing IPO.

	Maks Energy IPO	Tapi Fruit Processing IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,02,000 shares	60 shares
QIB
NII	9,48,000 shares	5,13,000 shares
RII	9,48,000 shares	5,13,000 shares
Employee
Others
Total	18,96,000 shares	10,26,000 shares

Bids Received (Subscription)

Maks Energy IPO subscribed 26.31x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.

	Maks Energy IPO	Tapi Fruit Processing IPO
QIB (times)
NII (times)	36.20x	1.93x
Big NII (times)
Small NII (times)
RII (times)	16.43x	3.32x
Employee (times)
Other (times)
Total (times)	26.31x	2.62x

Compare with others

Maks Energy IPO	Tapi Fruit Processing IPO
Cyber Media Research IPO	Insolation Energy IPO
Mafia Trends IPO	Containe Technologies IPO
Insolation Energy IPO	Kandarp Digi Smart BPO IPO
Containe Technologies IPO	Maks Energy IPO
Kandarp Digi Smart BPO IPO	Varanium Cloud IPO
Varanium Cloud IPO	Annapurna Swadisht IPO
Tapi Fruit Processing IPO	Ishan International IPO
Annapurna Swadisht IPO	Sabar Flex India IPO
Ishan International IPO	Shantidoot Infra Services IPO
Sabar Flex India IPO	Mega Flex Plastics IPO

Comments

Add a public comment...