Micropro Software Solutions IPO vs Transteel Seating Technologies IPO

Comparision between Micropro Software Solutions IPO and Transteel Seating Technologies IPO.

IPO Details

Micropro Software Solutions IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	Micropro Software Solutions IPO	Transteel Seating Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Swaraj shares and securities private limited	Gretex Corporate Services Limited Pantomath Capital Advisors Pvt Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Gretex Share Broking Private 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 Micropro Software Solutions IPO is up to ₹30.70 Cr whereas the issue size of the Transteel Seating Technologies IPO is up to ₹49.98 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

	Micropro Software Solutions IPO	Transteel Seating Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹67.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹81.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	37,90,400 shares	67,84,000 shares
Fresh Issue Size (Amount)	up to ₹30.70 Cr	up to ₹47.49 Cr
OFS Issue Size		3,56,000 shares
OFS Issue Size (Amount)		up to ₹2.49 Cr
Issue Size Total	37,90,400 shares	71,40,000 shares
Issue Size Total (Amount)	up to ₹30.70 Cr	up to ₹49.98 Cr

IPO Timetable

Micropro Software Solutions IPO opens on Nov 03, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of Micropro Software Solutions IPO and Transteel Seating Technologies IPO is Nov 07, 2023, and Nov 01, 2023, respectively.

	Micropro Software Solutions IPO	Transteel Seating Technologies IPO
Anchor Bid Date		Oct 27, 2023
Issue Open	Nov 03, 2023	Oct 30, 2023
Issue Close	Nov 07, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 09, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 10, 2023	Nov 05, 2023
Credit of Share (Tentative)	Nov 10, 2023	Nov 05, 2023
Listing date (Tentative)	Nov 10, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 09, 2023	Dec 05, 2023
Anchor Lockin End date 2	Feb 07, 2024	Feb 03, 2024

Financials

Micropro Software Solutions IPO P/E ratio is 0.34, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

Micropro Software Solutions IPO

Transteel Seating Technologies IPO

Financial

Micropro Software Solutions Limited Financial Information (Restated)

Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% 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	2,411.30	2,559.57	2,048.58	1,547.57
Revenue	275.95	2,217.20	1,755.17	1,392.48
Profit After Tax	47.65	592.23	267.14	129.51
Net Worth		1,648.21	1,055.98	788.84
Reserves and Surplus	1,670.86	1,623.21	1,030.98	763.84
Total Borrowing	338.03	397.97	592.05	437.81
Amount in ₹ Lakhs

Transteel Seating Technologies Limited Financial Information (Restated)

Transteel Seating Technologies Limited's revenue increased by 112.4% and profit after tax (PAT) rose by 471.64% 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	10,062.18	8,347.06	3,609.10	2,538.33
Revenue	3,133.39	5,961.43	2,806.74	2,287.74
Profit After Tax	417.64	909.36	159.08	-0.59
Net Worth	2,860.86	2,444.11	629.71	470.63
Reserves and Surplus	1,521.41	2,385.87	605.91	446.82
Total Borrowing	3,853.15	2,691.10	1,326.75	988.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

63.40%

83.75%

Promoter Shareholding (Post-Issue)

46.59%

53.83%

P/E Ratio

0.34

10.29

Market Cap

₹116.48 Cr.

₹141.25 Cr.

ROE

44%%

37.21%%

ROCE

41%%

36.69%%

Debt/Equity

0.13

EPS

₹5.78

₹6.80

RoNW

35.93%%

37.21%%

Shares Offered

In the Micropro Software Solutions IPO retail investors (RII) are offered 18,00,000 shares while in Transteel Seating Technologies IPO retail investors are offered 18,00,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Micropro Software Solutions IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

	Micropro Software Solutions IPO	Transteel Seating Technologies IPO
Anchor Investor Reserveration		18,60,000 shares
Market Maker Reserveration	1,90,400 shares	7,14,000 shares
QIB	0 shares	13,50,000 shares
NII	18,00,000 shares	9,66,000 shares
RII	18,00,000 shares	22,50,000 shares
Employee	0 shares	0 shares
Others
Total	36,00,000 shares	45,66,000 shares

Bids Received (Subscription)

Micropro Software Solutions IPO subscribed 36.88x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

	Micropro Software Solutions IPO	Transteel Seating Technologies IPO
QIB (times)		12.15x
NII (times)	22.60x	122.88x
Big NII (times)
Small NII (times)
RII (times)	49.08x	39.82x
Employee (times)
Other (times)
Total (times)	36.88x	49.21x

Compare with others

Micropro Software Solutions IPO	Transteel Seating Technologies IPO
Kalyani Cast Tech IPO	Micropro Software Solutions IPO
ROX Hi-Tech IPO	SAR Televenture IPO
Sunrest Lifescience IPO	Vrundavan Plantation IPO
Sheetal Universal IPO	Mish Designs IPO
Baba Food Processing IPO	KK Shah Hospitals IPO
SAR Televenture IPO	Benchmark Computer Solutions IPO
Vrundavan Plantation IPO	Maitreya Medicare Limited IPO
Mish Designs IPO	Shanthala FMCG Products IPO
KK Shah Hospitals IPO	Paragon Fine And Speciality Chemicals IPO
Transteel Seating Technologies IPO	On Door Concepts IPO

Comments

Add a public comment...