Comparison between Ashoka Metcast IPO and Medico Remedies IPO.
Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Medico Remedies IPO is a SME Fixed Price proposed to list at BSE SME.
| Ashoka Metcast IPO | Medico Remedies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the Medico Remedies IPO is up to ₹10.42 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Medico Remedies IPO is ₹100.00 per share.
| Ashoka Metcast IPO | Medico Remedies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1200 shares |
| Fresh Issue Size | 56,88,000 shares | 8,91,600 shares |
| Fresh Issue Size (Amount) | up to ₹11.38 Cr | up to ₹8.92 Cr |
| OFS Issue Size | 0 shares | 1,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1.50 Cr |
| Issue Size Total | 56,88,000 shares | 10,41,600 shares |
| Issue Size Total (Amount) | up to ₹11.38 Cr | up to ₹10.42 Cr |
Ashoka Metcast IPO opens on Jan 23, 2018, while Medico Remedies IPO opens on Jan 29, 2018. The closing date of Ashoka Metcast IPO and Medico Remedies IPO is Jan 25, 2018, and Jan 31, 2018, respectively.
| Ashoka Metcast IPO | Medico Remedies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 23, 2018 | Jan 29, 2018 |
| Issue Close | Jan 25, 2018 | Jan 31, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 05, 2018 | Feb 08, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Metcast IPO P/E ratio is , as compared to Medico Remedies IPO P/E ratio of .
| Ashoka Metcast IPO | Medico Remedies IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹21.42 Cr. | ₹41.49 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ashoka Metcast IPO Retail Individual Investors (RII) are offered 28,44,000 shares while in Medico Remedies IPO retail investors are offered 28,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashoka Metcast IPO and in Medico Remedies IPO.
| Ashoka Metcast IPO | Medico Remedies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,12,000 shares | 57,600 shares |
| QIB | ||
| NII | 28,44,000 shares | 5,20,800 shares |
| RII | 28,44,000 shares | 5,20,800 shares |
| Employee | ||
| Others | ||
| Total | 56,88,000 shares | 10,41,600 shares |
Ashoka Metcast IPO subscribed 1.57x in total, whereas Medico Remedies IPO subscribed 1.84x.
| Ashoka Metcast IPO | Medico Remedies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.51x | 1.16x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.63x | 2.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.57x | 1.84x |
