Asarfi Hospital IPO vs Vinsys IT IPO

Comparison between Asarfi Hospital IPO and Vinsys IT IPO.

IPO Details

Asarfi Hospital IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vinsys IT IPO is a SME Bookbuilding proposed to list at NSE SME.

	Asarfi Hospital IPO	Vinsys IT IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Cameo Corporate Services Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Asarfi Hospital IPO is up to ₹25.58 Cr whereas the issue size of the Vinsys IT IPO is up to ₹47.35 Cr. The final issue price of Asarfi Hospital IPO is ₹52.00 per share and of Vinsys IT IPO is ₹128.00 per share.

	Asarfi Hospital IPO	Vinsys IT IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹121.00 per share
Issue Price (Upper)	₹52.00 per share	₹128.00 per share
Issue Price (Final)	₹52.00 per share	₹128.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	49,20,000 shares	36,99,000 shares
Fresh Issue Size (Amount)	up to ₹25.58 Cr	up to ₹47.35 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	49,20,000 shares	36,99,000 shares
Issue Size Total (Amount)	up to ₹25.58 Cr	up to ₹47.35 Cr

IPO Timetable

Asarfi Hospital IPO opens on Jul 17, 2023, while Vinsys IT IPO opens on Aug 01, 2023. The closing date of Asarfi Hospital IPO and Vinsys IT IPO is Jul 19, 2023, and Aug 04, 2023, respectively.

	Asarfi Hospital IPO	Vinsys IT IPO
Anchor Bid Date	Jul 14, 2023	Jul 31, 2023
Issue Open	Jul 17, 2023	Aug 01, 2023
Issue Close	Jul 19, 2023	Aug 04, 2023
Basis Of Allotment (Tentative)	Jul 24, 2023	Aug 09, 2023
Initiation of Refunds (Tentative)	Jul 25, 2023	Aug 10, 2023
Credit of Share (Tentative)	Jul 26, 2023	Aug 11, 2023
Listing date (Tentative)	Jul 26, 2023	Aug 11, 2023
Anchor Lockin End date 1	Aug 23, 2023	Sep 08, 2023
Anchor Lockin End date 2	Oct 22, 2023	Nov 07, 2023

Financials & KPIs

Asarfi Hospital IPO P/E ratio is 12.78, as compared to Vinsys IT IPO P/E ratio of 12.51.

Asarfi Hospital IPO

Vinsys IT IPO

Financials

Asarfi Hospital Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	3,729.45	5,439.90	353.43	1,689.90	1,564.95	713.36
31-Mar-22	6,270.24	6,619.54	572.84	2,262.73	2,137.78	1,163.31
31-Mar-23	9,342.71	7,303.26	801.53	4,184.26	2,734.53	1,720.20
Amount in ₹ Lakhs

Vinsys IT Services Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	2,739.97	2,041.04	34.78	773.51	673.51	1,427.08
31-Mar-22	3,493.16	3,202.69	-51.61	716.07	616.07	2,050.32
31-Mar-23	7,293.60	9,632.25	1,501.38	2,472.51	1,472.51	2,310.80
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.03

92.74

Promoter Shareholding (Post-Issue)

61.17

68.13

P/E Ratio

12.78

12.51

Market Cap

₹102.32 Cr.

₹187.88 Cr.

ROE

19.16%

94.17%

ROCE

19.91%

51.46%

Debt/Equity

0.41

0.93

EPS

₹7.58

₹15.01

RoNW

19.16

60.72%

Shares Offered

In the Asarfi Hospital IPO Retail Individual Investors (RII) are offered 17,22,000 shares while in Vinsys IT IPO retail investors are offered 17,22,000 shares. Qualified Institutional Buyers (QIB) are offered 9,84,000 shares in Asarfi Hospital IPO and 7,40,000 shares in Vinsys IT IPO.

	Asarfi Hospital IPO	Vinsys IT IPO
Anchor Investor Reserveration	14,76,000 shares	11,08,000 shares
Market Maker Reserveration	2,60,000 shares	1,95,000 shares
QIB	9,84,000 shares	7,40,000 shares
NII	7,38,000 shares	5,56,000 shares
RII	17,22,000 shares	12,95,000 shares
Employee
Others
Total	49,20,000 shares	36,99,000 shares

Bids Received (Subscription)

Asarfi Hospital IPO subscribed 195.14x in total, whereas Vinsys IT IPO subscribed 89.00x.

	Asarfi Hospital IPO	Vinsys IT IPO
QIB (times)	50.60x	36.95x
NII (times)	451.62x	105.75x
Big NII (times)
Small NII (times)
RII (times)	167.81x	111.56x
Employee (times)
Other (times)
Total (times)	195.14x	89.00x

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