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Adeshwar Meditex IPO vs Times Green Energy IPO

Comparison between Adeshwar Meditex IPO and Times Green Energy IPO.

IPO Details

Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.

 Adeshwar Meditex IPOTimes Green Energy IPO
LogoAdeshwar Meditex IPO LogoTimes Green Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
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 Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Times Green Energy IPO is ₹61.00 per share.

 Adeshwar Meditex IPOTimes Green Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size36,96,000 shares6,24,000 shares
Fresh Issue Size (Amount)up to ₹9.24 Crup to ₹3.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,96,000 shares6,24,000 shares
Issue Size Total (Amount)up to ₹9.24 Crup to ₹3.81 Cr

IPO Timetable

Adeshwar Meditex IPO opens on Jun 15, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Adeshwar Meditex IPO and Times Green Energy IPO is Jun 18, 2021, and Jun 22, 2021, respectively.

 Adeshwar Meditex IPOTimes Green Energy IPO
Issue OpenJun 15, 2021Jun 16, 2021
Issue CloseJun 18, 2021Jun 22, 2021
Basis Of Allotment (Tentative)Jun 23, 2021Jun 25, 2021
Initiation of Refunds (Tentative)Jun 24, 2021Jun 28, 2021
Credit of Share (Tentative)Jun 25, 2021Jun 29, 2021
Listing date (Tentative)Jun 28, 2021Jun 30, 2021

Financials & KPIs

Adeshwar Meditex IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .

 Adeshwar Meditex IPOTimes Green Energy 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 Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets4.123.722.423.92
Total Income5.8715.1515.1620.19
Profit After Tax5.8715.1515.1520.19
NET Worth1.441.321.270.42
Reserves and Surplus0.520.390.270.17
Total Borrowing0.200.200.070.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)58.45%79.2%
Promoter Shareholding (Post-Issue)42.65%47.6%
Market Cap₹36.08 Cr.₹10.15 Cr.

Shares Offered

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

 Adeshwar Meditex IPOTimes Green Energy IPO
Market Maker Reservation2,04,000 shares40,000 shares
NII18,48,000 shares3,12,000 shares
RII18,48,000 shares3,12,000 shares
Total36,96,000 shares6,24,000 shares

Bids Received (Subscription)

Adeshwar Meditex IPO subscribed 1.85x in total, whereas Times Green Energy IPO subscribed 2.94x.

 Adeshwar Meditex IPOTimes Green Energy IPO
NII (times)1.50x0.83x
RII (times)2.21x5.05x
Total (times)1.85x2.94x

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Compare:

Adeshwar Meditex IPO Vs Times Green Energy IPO