Comparison between Aakaar Medical Technologies IPO and Finbud Financial IPO.
Aakaar Medical Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Finbud Financial IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aakaar Medical Technologies IPO | Finbud Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | SKI Capital Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | SKI Capital Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aakaar Medical Technologies IPO is up to ₹25.64 Cr whereas the issue size of the Finbud Financial IPO is up to ₹68.09 Cr. The final issue price of Aakaar Medical Technologies IPO is ₹72.00 per share and of Finbud Financial IPO is ₹142.00 per share.
| Aakaar Medical Technologies IPO | Finbud Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹68.00 per share | ₹140.00 per share |
| Issue Price (Upper) | ₹72.00 per share | ₹142.00 per share |
| Issue Price (Final) | ₹72.00 per share | ₹142.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 35,61,600 shares | 47,95,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.64 Cr | up to ₹68.09 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,61,600 shares | 47,95,000 shares |
| Issue Size Total (Amount) | up to ₹25.64 Cr | up to ₹68.09 Cr |
Aakaar Medical Technologies IPO opens on Jun 20, 2025, while Finbud Financial IPO opens on Nov 06, 2025. The closing date of Aakaar Medical Technologies IPO and Finbud Financial IPO is Jun 24, 2025, and Nov 10, 2025, respectively.
| Aakaar Medical Technologies IPO | Finbud Financial IPO | |
|---|---|---|
| Anchor Bid Date | Jun 19, 2025 | Nov 04, 2025 |
| Issue Open | Jun 20, 2025 | Nov 06, 2025 |
| Issue Close | Jun 24, 2025 | Nov 10, 2025 |
| Basis Of Allotment (Tentative) | Jun 25, 2025 | Nov 11, 2025 |
| Initiation of Refunds (Tentative) | Jun 26, 2025 | Nov 12, 2025 |
| Credit of Share (Tentative) | Jun 26, 2025 | Nov 12, 2025 |
| Listing date (Tentative) | Jun 27, 2025 | Nov 13, 2025 |
| Anchor Lockin End date 1 | Jul 25, 2025 | Dec 11, 2025 |
| Anchor Lockin End date 2 | Sep 23, 2025 | Feb 09, 2026 |
Aakaar Medical Technologies IPO P/E ratio is 12.43, as compared to Finbud Financial IPO P/E ratio of 23.4.
| Aakaar Medical Technologies IPO | Finbud Financial IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Aakaar Medical Technologies Ltd.'s revenue increased by 33% and profit after tax (PAT) rose by 110% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Finbud Financial Services Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 91.11 | 64.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.01 | 47.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.43 | 23.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹102.04 Cr. | ₹270.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.02% | 32.11% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.98 | 0.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.79 | ₹6.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.81% | 23.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aakaar Medical Technologies IPO Retail Individual Investors (RII) are offered 12,48,000 shares while in Finbud Financial IPO retail investors are offered 12,48,000 shares. Qualified Institutional Buyers (QIB) are offered 7,12,000 shares in Aakaar Medical Technologies IPO and 9,58,000 shares in Finbud Financial IPO.
| Aakaar Medical Technologies IPO | Finbud Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,67,200 shares | 14,37,000 shares |
| Market Maker Reservation | 1,88,800 shares | 2,53,000 shares |
| QIB | 7,12,000 shares | 9,58,000 shares |
| NII | 5,34,400 shares | 7,20,000 shares |
| RII | 12,48,000 shares | 16,80,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,61,600 shares | 47,95,000 shares |
Aakaar Medical Technologies IPO subscribed 2.28x in total, whereas Finbud Financial IPO subscribed 4.43x.
| Aakaar Medical Technologies IPO | Finbud Financial IPO | |
|---|---|---|
| QIB (times) | 3.51x | 4.33x |
| NII (times) | 1.48x | 8.38x |
| Big NII (times) | 10.63x | |
| Small NII (times) | 3.87x | |
| RII (times) | 1.93x | 2.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.28x | 4.43x |
