Mangalam Worldwide IPO vs Veerkrupa Jewellers IPO

Comparision between Mangalam Worldwide IPO and Veerkrupa Jewellers IPO.

IPO Details

Mangalam Worldwide IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Veerkrupa Jewellers IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Mangalam Worldwide IPO	Veerkrupa Jewellers 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	Beeline Broking Ltd	First Overseas Capital Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Mangalam Worldwide IPO is up to ₹65.58 Cr whereas the issue size of the Veerkrupa Jewellers IPO is up to ₹8.10 Cr. The final issue price of Mangalam Worldwide IPO is ₹101.00 per share and of Veerkrupa Jewellers IPO is ₹27.00 per share.

	Mangalam Worldwide IPO	Veerkrupa Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹101.00 per share	₹27.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	4000 shares
Fresh Issue Size	64,93,200 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹65.58 Cr	up to ₹8.10 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,93,200 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹65.58 Cr	up to ₹8.10 Cr

IPO Timetable

Mangalam Worldwide IPO opens on Jun 30, 2022, while Veerkrupa Jewellers IPO opens on Jun 29, 2022. The closing date of Mangalam Worldwide IPO and Veerkrupa Jewellers IPO is Jul 04, 2022, and Jul 08, 2022, respectively.

	Mangalam Worldwide IPO	Veerkrupa Jewellers IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Jun 29, 2022
Issue Close	Jul 04, 2022	Jul 08, 2022
Basis Of Allotment (Tentative)	Jul 07, 2022	Jul 08, 2022
Initiation of Refunds (Tentative)	Jul 08, 2022	Jul 11, 2022
Credit of Share (Tentative)	Jul 11, 2022	Jul 12, 2022
Listing date (Tentative)	Jul 11, 2022	Jul 18, 2022
Anchor Lockin End date 1	Aug 06, 2022	Aug 07, 2022
Anchor Lockin End date 2	Oct 05, 2022	Oct 06, 2022

Financials

Mangalam Worldwide IPO P/E ratio is 20.12, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.

Mangalam Worldwide IPO

Veerkrupa Jewellers IPO

Financial

Mangalam Worldwide Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-21	4740.15	30332.31	265.47	1270.44
31-Mar-22	12265.02	53347.96	1230.98	2746.82
Amount in ₹ Lakhs

Veerkrupa Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-19	335.48	165.32	8.27	8.27
31-Mar-20	520.46	1094.86	0.71	302.69
31-Mar-21	1034.77	463.28	1.07	303.76
31-Dec-21	1159.98	1002.64	21.4	325.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.04%

79.94%

Promoter Shareholding (Post-Issue)

63.97%

49.44%

P/E Ratio

20.12

Market Cap

₹247.46 Cr.

₹21.23 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mangalam Worldwide IPO retail investors (RII) are offered 30,84,000 shares while in Veerkrupa Jewellers IPO retail investors are offered 30,84,000 shares. Qualified institutional buyers (QIB) are offered in Mangalam Worldwide IPO and in Veerkrupa Jewellers IPO.

	Mangalam Worldwide IPO	Veerkrupa Jewellers IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,25,200 shares	1,52,000 shares
QIB
NII	30,84,000 shares	14,24,000 shares
RII	30,84,000 shares	14,24,000 shares
Employee
Others
Total	61,68,000 shares	28,48,000 shares

Bids Received (Subscription)

Mangalam Worldwide IPO subscribed 1.33x in total, whereas Veerkrupa Jewellers IPO subscribed 1.85x.

	Mangalam Worldwide IPO	Veerkrupa Jewellers IPO
QIB (times)
NII (times)	2.20x	1.04x
Big NII (times)
Small NII (times)
RII (times)	0.46x	2.67x
Employee (times)
Other (times)
Total (times)	1.33x	1.85x

Compare with others

Mangalam Worldwide IPO	Veerkrupa Jewellers IPO
B Right Realestate IPO	Healthy Life Agritec IPO
Jayant Infratech IPO	Kesar India IPO
SKP Bearing Industries IPO	B Right Realestate IPO
Veerkrupa Jewellers IPO	Jayant Infratech IPO
Sailani Tours N Travels IPO	SKP Bearing Industries IPO
Modis Navnirman IPO	Sailani Tours N Travels IPO
Pearl Green Clubs and Resorts IPO	Mangalam Worldwide IPO
KCK Industries IPO	Modis Navnirman IPO
Goel Food Products IPO	Pearl Green Clubs and Resorts IPO
Scarnose International IPO	KCK Industries IPO

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