Adeshwar Meditex IPO vs Jetmall Spices IPO

Comparison between Adeshwar Meditex IPO and Jetmall Spices IPO.

IPO Details

Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Jetmall Spices IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Adeshwar Meditex IPO is up to ₹9.24 Cr whereas the issue size of the Jetmall Spices IPO is up to ₹4.73 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Jetmall Spices IPO is ₹20.00 per share.

 Adeshwar Meditex IPOJetmall Spices IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares6000 shares
Fresh Issue Size36,96,000 shares23,64,000 shares
Fresh Issue Size (Amount)up to ₹9.24 Crup to ₹4.73 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,96,000 shares23,64,000 shares
Issue Size Total (Amount)up to ₹9.24 Crup to ₹4.73 Cr

IPO Timetable

Adeshwar Meditex IPO opens on Jun 15, 2021, while Jetmall Spices IPO opens on Mar 31, 2021. The closing date of Adeshwar Meditex IPO and Jetmall Spices IPO is Jun 18, 2021, and Apr 07, 2021, respectively.

 Adeshwar Meditex IPOJetmall Spices IPO
Issue OpenJun 15, 2021Mar 31, 2021
Issue CloseJun 18, 2021Apr 07, 2021
Basis Of Allotment (Tentative)Jun 23, 2021Apr 12, 2021
Initiation of Refunds (Tentative)Jun 24, 2021Apr 12, 2021
Credit of Share (Tentative)Jun 25, 2021Apr 15, 2021
Listing date (Tentative)Jun 28, 2021Apr 19, 2021

Financials & KPIs

Adeshwar Meditex IPO P/E ratio is , as compared to Jetmall Spices IPO P/E ratio of .

 Adeshwar Meditex IPOJetmall Spices IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets65.6054.8143.8732.81
Total Income52.0956.3954.7458.70
Profit After Tax1.392.012.252.56
EBITDA3.715.625.505.32
NET Worth20.2018.8115.8013.55
Reserves and Surplus14.9413.5510.828.57
Total Borrowing23.6821.2919.9211.58
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets6.028.8519.8917.38
Total Income9.2639.1643.4550.33
Profit After Tax0.650.150.180.26
NET Worth5.044.394.244.07
Reserves and Surplus1.540.890.740.57
Total Borrowing0.984.4615.6413.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)58.45%100%
Promoter Shareholding (Post-Issue)42.65%58.45%
Market Cap₹36.08 Cr.₹11.99 Cr.

Shares Offered

In the Adeshwar Meditex IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Jetmall Spices IPO retail investors are offered 18,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Adeshwar Meditex IPO and in Jetmall Spices IPO.

 Adeshwar Meditex IPOJetmall Spices IPO
Market Maker Reservation2,04,000 shares1,26,000 shares
NII18,48,000 shares11,82,000 shares
RII18,48,000 shares11,82,000 shares
Total36,96,000 shares23,64,000 shares

Bids Received (Subscription)

Adeshwar Meditex IPO subscribed 1.85x in total, whereas Jetmall Spices IPO subscribed 1.36x.

 Adeshwar Meditex IPOJetmall Spices IPO
NII (times)1.50x1.90x
RII (times)2.21x0.82x
Total (times)1.85x1.36x

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Adeshwar Meditex IPO Vs Jetmall Spices IPO