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.
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.
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 IPO | Navoday Enterprises IPO |
|---|
| Issue Open | Jun 15, 2021 | Jun 14, 2021 |
| Issue Close | Jun 18, 2021 | Jun 17, 2021 |
| Basis Of Allotment (Tentative) | Jun 23, 2021 | Jun 21, 2021 |
| Initiation of Refunds (Tentative) | Jun 24, 2021 | Jun 22, 2021 |
| Credit of Share (Tentative) | Jun 25, 2021 | Jun 23, 2021 |
| Listing date (Tentative) | Jun 28, 2021 | Jun 25, 2021 |
Financials & KPIs
Adeshwar Meditex IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .
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 IPO | Navoday Enterprises IPO |
|---|
| Market Maker Reservation | 2,04,000 shares | 1,20,000 shares |
| NII | 18,48,000 shares | 10,92,000 shares |
| RII | 18,48,000 shares | 10,92,000 shares |
| Total | 36,96,000 shares | 21,84,000 shares |
Bids Received (Subscription)
Adeshwar Meditex IPO subscribed 1.85x in total, whereas Navoday Enterprises IPO subscribed 2.36x.
