Asarfi Hospital IPO vs Srivari Spices IPO

Comparison between Asarfi Hospital IPO and Srivari Spices IPO.

IPO Details

Asarfi Hospital IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Srivari Spices IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Asarfi Hospital IPO is up to ₹25.58 Cr whereas the issue size of the Srivari Spices IPO is up to ₹8.54 Cr. The final issue price of Asarfi Hospital IPO is ₹52.00 per share and of Srivari Spices IPO is ₹42.00 per share.

 Asarfi Hospital IPOSrivari Spices IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹40.00 per share
Issue Price (Upper)₹52.00 per share₹42.00 per share
Issue Price (Final)₹52.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size49,20,000 shares20,34,000 shares
Fresh Issue Size (Amount)up to ₹25.58 Crup to ₹8.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,20,000 shares20,34,000 shares
Issue Size Total (Amount)up to ₹25.58 Crup to ₹8.54 Cr

IPO Timetable

Asarfi Hospital IPO opens on Jul 17, 2023, while Srivari Spices IPO opens on Aug 07, 2023. The closing date of Asarfi Hospital IPO and Srivari Spices IPO is Jul 19, 2023, and Aug 09, 2023, respectively.

 Asarfi Hospital IPOSrivari Spices IPO
Anchor Bid DateJul 14, 2023Aug 04, 2023
Issue OpenJul 17, 2023Aug 07, 2023
Issue CloseJul 19, 2023Aug 09, 2023
Basis Of Allotment (Tentative)Jul 24, 2023Aug 14, 2023
Initiation of Refunds (Tentative)Jul 25, 2023Aug 16, 2023
Credit of Share (Tentative)Jul 26, 2023Aug 17, 2023
Listing date (Tentative)Jul 26, 2023Aug 18, 2023
Anchor Lockin End date 1Aug 23, 2023Sep 13, 2023
Anchor Lockin End date 2Oct 22, 2023Nov 12, 2023

Financials & KPIs

Asarfi Hospital IPO P/E ratio is 12.78, as compared to Srivari Spices IPO P/E ratio of 9.59.

 Asarfi Hospital IPOSrivari Spices IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets93.4362.7037.29
Total Income73.0366.2054.40
Profit After Tax8.025.733.53
NET Worth41.8422.6316.90
Reserves and Surplus27.3521.3815.65
Total Borrowing17.2011.637.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets25.6810.686.272.36
Total Income35.8217.6411.400.19
Profit After Tax3.130.730.35-0.11
NET Worth9.105.004.271.78
Reserves and Surplus4.100.970.25-0.11
Total Borrowing12.842.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.0399.90
Promoter Shareholding (Post-Issue)61.17
P/E Ratio12.789.59
Market Cap₹102.32 Cr.₹30.00 Cr.
ROE19.1644.35
ROCE19.9123.65
Debt/Equity0.411.41
EPS₹7.58₹4.45
RoNW19.1624.79

Shares Offered

In the Asarfi Hospital IPO Retail Individual Investors (RII) are offered 17,22,000 shares while in Srivari Spices IPO retail investors are offered 17,22,000 shares. Qualified Institutional Buyers (QIB) are offered 9,84,000 shares in Asarfi Hospital IPO and 4,08,000 shares in Srivari Spices IPO.

 Asarfi Hospital IPOSrivari Spices IPO
Anchor Investor Reservation14,76,000 shares6,06,000 shares
Market Maker Reservation2,60,000 shares1,08,000 shares
QIB9,84,000 shares4,08,000 shares
NII7,38,000 shares3,06,000 shares
RII17,22,000 shares7,14,000 shares
Employee
Others
Total49,20,000 shares20,34,000 shares

Bids Received (Subscription)

Asarfi Hospital IPO subscribed 195.14x in total, whereas Srivari Spices IPO subscribed 450.03x.

 Asarfi Hospital IPOSrivari Spices IPO
QIB (times)50.60x79.10x
NII (times)451.62x786.11x
Big NII (times)
Small NII (times)
RII (times)167.81x517.95x
Employee (times)
Other (times)
Total (times)195.14x450.03x

Compare with others

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Asarfi Hospital IPO Vs Srivari Spices IPO