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Adeshwar Meditex IPO vs Navoday Enterprises IPO

Comparison between Adeshwar Meditex IPO and Navoday Enterprises IPO.

IPO Details

Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Navoday Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.

 Adeshwar Meditex IPONavoday Enterprises IPO
LogoAdeshwar Meditex IPO LogoNavoday Enterprises IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Satellite Corporate Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Adeshwar Meditex IPO is up to ₹9.24 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.37 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.

 Adeshwar Meditex IPONavoday Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹25.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares6000 shares
Fresh Issue Size36,96,000 shares21,84,000 shares
Fresh Issue Size (Amount)up to ₹9.24 Crup to ₹4.37 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,96,000 shares21,84,000 shares
Issue Size Total (Amount)up to ₹9.24 Crup to ₹4.37 Cr

IPO Timetable

Adeshwar Meditex IPO opens on Jun 15, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of Adeshwar Meditex IPO and Navoday Enterprises IPO is Jun 18, 2021, and Jun 17, 2021, respectively.

 Adeshwar Meditex IPONavoday Enterprises IPO
Anchor Bid Date
Issue OpenJun 15, 2021Jun 14, 2021
Issue CloseJun 18, 2021Jun 17, 2021
Basis Of Allotment (Tentative)Jun 23, 2021Jun 21, 2021
Initiation of Refunds (Tentative)Jun 24, 2021Jun 22, 2021
Credit of Share (Tentative)Jun 25, 2021Jun 23, 2021
Listing date (Tentative)Jun 28, 2021Jun 25, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Adeshwar Meditex IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .

 Adeshwar Meditex IPONavoday Enterprises IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 6,560.31 5,480.65 4,386.71 3,281.38
Total Revenue 5,208.66 5,639.26 5,473.93 5,869.67
Profit After Tax 138.92 201.49 225.10 256.08
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,378.57 513.12 531.14
Total Revenue 4,827.24 1,651.70 2,311.96
Profit After Tax 112.77 35.07 55.67
Promoter Shareholding (Pre-Issue)58.4599.98
Promoter Shareholding (Post-Issue)42.6540.21
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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

 Adeshwar Meditex IPONavoday Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration2,04,000 shares1,20,000 shares
QIB
NII18,48,000 shares10,92,000 shares
RII18,48,000 shares10,92,000 shares
Employee
Others
Total36,96,000 shares21,84,000 shares

Bids Received (Subscription)

Adeshwar Meditex IPO subscribed 1.85x in total, whereas Navoday Enterprises IPO subscribed 2.36x.

 Adeshwar Meditex IPONavoday Enterprises IPO
QIB (times)
NII (times)1.50x0.29x
Big NII (times)
Small NII (times)
RII (times)2.21x4.44x
Employee (times)
Other (times)
Total (times)1.85x2.36x