Mandeep Auto Industries IPO vs Winsol Engineers IPO

Comparision between Mandeep Auto Industries IPO and Winsol Engineers IPO.

IPO Details

Mandeep Auto Industries IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Winsol Engineers IPO is a SME Book Built Issue proposed to list at NSE SME.

	Mandeep Auto Industries IPO	Winsol Engineers 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	Jawa Capital Services Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
Market Maker	Aftertrade Broking Pvt Ltd	Spread X Securities 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 Mandeep Auto Industries IPO is up to ₹25.25 Cr whereas the issue size of the Winsol Engineers IPO is up to ₹23.36 Cr. The final issue price of Mandeep Auto Industries IPO is ₹67.00 per share and of Winsol Engineers IPO is ₹75.00 per share.

	Mandeep Auto Industries IPO	Winsol Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹75.00 per share
Issue Price (Final)	₹67.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	37,68,000 shares	31,15,200 shares
Fresh Issue Size (Amount)	up to ₹25.25 Cr	up to ₹23.36 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,68,000 shares	31,15,200 shares
Issue Size Total (Amount)	up to ₹25.25 Cr	up to ₹23.36 Cr

IPO Timetable

Mandeep Auto Industries IPO opens on May 13, 2024, while Winsol Engineers IPO opens on May 06, 2024. The closing date of Mandeep Auto Industries IPO and Winsol Engineers IPO is May 15, 2024, and May 09, 2024, respectively.

	Mandeep Auto Industries IPO	Winsol Engineers IPO
Anchor Bid Date		May 03, 2024
Issue Open	May 13, 2024	May 06, 2024
Issue Close	May 15, 2024	May 09, 2024
Basis Of Allotment (Tentative)	May 16, 2024	May 10, 2024
Initiation of Refunds (Tentative)	May 17, 2024	May 13, 2024
Credit of Share (Tentative)	May 17, 2024	May 13, 2024
Listing date (Tentative)	May 21, 2024	May 14, 2024
Anchor Lockin End date 1		Jun 09, 2024
Anchor Lockin End date 2		Aug 08, 2024

Financials

Mandeep Auto Industries IPO P/E ratio is 10.15, as compared to Winsol Engineers IPO P/E ratio of 12.19.

Mandeep Auto Industries IPO

Winsol Engineers IPO

Financial

Mandeep Auto Industries Limited Financial Information (Restated Standalone)

Mandeep Auto Industries Limited's revenue increased by 36.03% and profit after tax (PAT) rose by 62.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,424.73	1,963.15	1,297.81	1,050.17
Revenue	1,656.76	2,978.74	2,189.73	1,563.49
Profit After Tax	214.93	104.91	64.69	49.81
Net Worth	820.80	453.54	413.61	280.42
Reserves and Surplus	163.81
Amount in ₹ Lakhs

Winsol Engineers Limited Financial Information (Restated)

Winsol Engineers Limited's revenue increased by 7.64% and profit after tax (PAT) rose by 377.66% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,565.34	2,856.01	2,764.80	1,816.83
Revenue	5,202.28	6,544.53	6,080.00	2,224.58
Profit After Tax	677.26	518.07	108.46	49.44
Net Worth	1,527.15	873.89	343.93	238.55
Reserves and Surplus	685.15	871.89	341.93	236.55
Total Borrowing	846.76	1,058.84	928.90	814.49
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

100.00%

Promoter Shareholding (Post-Issue)

63.53%

72.99%

P/E Ratio

10.15

12.19

Market Cap

₹69.26 Cr.

₹86.51 Cr.

ROE

30.15%%

22.33%%

ROCE

27.94%%

11.71%%

Debt/Equity

0.55

EPS

₹6.60

₹6.15

RoNW

25.97%%

44.35%%

Shares Offered

In the Mandeep Auto Industries IPO retail investors (RII) are offered 17,89,000 shares while in Winsol Engineers IPO retail investors are offered 17,89,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mandeep Auto Industries IPO and 5,93,600 shares in Winsol Engineers IPO.

	Mandeep Auto Industries IPO	Winsol Engineers IPO
Anchor Investor Reserveration		8,83,200 shares
Market Maker Reserveration	1,90,000 shares	1,58,400 shares
QIB	0 shares	5,93,600 shares
NII	17,89,000 shares	4,44,800 shares
RII	17,89,000 shares	10,35,200 shares
Employee	0 shares	0 shares
Others
Total	35,78,000 shares	20,73,600 shares

Bids Received (Subscription)

Mandeep Auto Industries IPO subscribed 77.23x in total, whereas Winsol Engineers IPO subscribed 682.14x.

	Mandeep Auto Industries IPO	Winsol Engineers IPO
QIB (times)		207.23x
NII (times)	61.54x	1,087.81x
Big NII (times)
Small NII (times)
RII (times)	90.57x	780.15x
Employee (times)
Other (times)
Total (times)	77.23x	682.14x

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