Achyut Healthcare IPO vs Bhatia Colour Chem IPO

Comparison between Achyut Healthcare IPO and Bhatia Colour Chem IPO.

IPO Details

Achyut Healthcare IPO is a SME Fixed Price IPO proposed to list at BSE SME while Bhatia Colour Chem IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Achyut Healthcare IPO is up to ₹3.41 Cr whereas the issue size of the Bhatia Colour Chem IPO is up to ₹37.89 Cr. The final issue price of Achyut Healthcare IPO is ₹20.00 per share and of Bhatia Colour Chem IPO is ₹80.00 per share.

 Achyut Healthcare IPOBhatia Colour Chem IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares1600 shares
Fresh Issue Size17,04,000 shares47,36,000 shares
Fresh Issue Size (Amount)up to ₹3.41 Crup to ₹37.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,04,000 shares47,36,000 shares
Issue Size Total (Amount)up to ₹3.41 Crup to ₹37.89 Cr

IPO Timetable

Achyut Healthcare IPO opens on Mar 17, 2022, while Bhatia Colour Chem IPO opens on Mar 14, 2022. The closing date of Achyut Healthcare IPO and Bhatia Colour Chem IPO is Mar 22, 2022, and Mar 16, 2022, respectively.

 Achyut Healthcare IPOBhatia Colour Chem IPO
Issue OpenMar 17, 2022Mar 14, 2022
Issue CloseMar 22, 2022Mar 16, 2022
Basis Of Allotment (Tentative)Mar 25, 2022Mar 21, 2022
Initiation of Refunds (Tentative)Mar 28, 2022
Credit of Share (Tentative)Mar 29, 2022
Listing date (Tentative)Mar 30, 2022Mar 24, 2022

Financials & KPIs

Achyut Healthcare IPO P/E ratio is 54.05, as compared to Bhatia Colour Chem IPO P/E ratio of 166.

 Achyut Healthcare IPOBhatia Colour Chem IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets5.890.470.270.24
Total Income2.730.270.350.67
Profit After Tax0.130.010.01-0.01
EBITDA0.170.010.020.01
NET Worth4.500.220.210.20
Reserves and Surplus0.08-0.03-0.04-0.05
Total Borrowing0.000.000.000.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended18 Feb 2022
Assets37.28
Total Income5.32
Profit After Tax0.35
EBITDA0.54
NET Worth16.67
Reserves and Surplus9.44
Total Borrowing0.16
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.28%74.65%
Promoter Shareholding (Post-Issue)66.18%44.14%
P/E Ratio54.05166
Market Cap₹13.48 Cr.₹97.87 Cr.
EPS₹0.30
RoNW3.41

Shares Offered

In the Achyut Healthcare IPO Retail Individual Investors (RII) are offered 8,52,000 shares while in Bhatia Colour Chem IPO retail investors are offered 8,52,000 shares. Qualified Institutional Buyers (QIB) are offered in Achyut Healthcare IPO and in Bhatia Colour Chem IPO.

 Achyut Healthcare IPOBhatia Colour Chem IPO
Market Maker Reservation96,000 shares2,64,000 shares
NII8,52,000 shares23,68,000 shares
RII8,52,000 shares23,68,000 shares
Total17,04,000 shares47,36,000 shares

Bids Received (Subscription)

Achyut Healthcare IPO subscribed 4.35x in total, whereas Bhatia Colour Chem IPO subscribed 1.43x.

 Achyut Healthcare IPOBhatia Colour Chem IPO
NII (times)1.95x2.69x
RII (times)6.75x0.18x
Total (times)4.35x1.43x

Compare with others

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Achyut Healthcare IPO Vs Bhatia Colour Chem IPO