Comparison between BLS E-Services IPO and Medi Assist Healthcare IPO.
BLS E-Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Medi Assist Healthcare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of BLS E-Services IPO is up to ₹309.29 Cr whereas the issue size of the Medi Assist Healthcare IPO is up to ₹1,171.58 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of Medi Assist Healthcare IPO is ₹418.00 per share.
| BLS E-Services IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹397.00 per share |
| Issue Price (Upper) | ₹135.00 per share | ₹418.00 per share |
| Issue Price (Final) | ₹135.00 per share | ₹418.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 108 shares | 35 shares |
| Fresh Issue Size | 2,30,30,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹309.29 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 2,80,28,168 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,171.58 Cr |
| Issue Size Total | 2,30,30,000 shares | 2,80,28,168 shares |
| Issue Size Total (Amount) | up to ₹309.29 Cr | up to ₹1,171.58 Cr |
BLS E-Services IPO opens on Jan 30, 2024, while Medi Assist Healthcare IPO opens on Jan 15, 2024. The closing date of BLS E-Services IPO and Medi Assist Healthcare IPO is Feb 01, 2024, and Jan 17, 2024, respectively.
| BLS E-Services IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Bid Date | Jan 29, 2024 | Jan 12, 2024 |
| Issue Open | Jan 30, 2024 | Jan 15, 2024 |
| Issue Close | Feb 01, 2024 | Jan 17, 2024 |
| Basis Of Allotment (Tentative) | Feb 02, 2024 | Jan 18, 2024 |
| Initiation of Refunds (Tentative) | Feb 05, 2024 | Jan 19, 2024 |
| Credit of Share (Tentative) | Feb 05, 2024 | Jan 19, 2024 |
| Listing date (Tentative) | Feb 06, 2024 | Jan 23, 2024 |
| Anchor Lockin End date 1 | Mar 03, 2024 | Feb 17, 2024 |
| Anchor Lockin End date 2 | May 02, 2024 | Apr 17, 2024 |
BLS E-Services IPO P/E ratio is 44.31, as compared to Medi Assist Healthcare IPO P/E ratio of 38.22.
| BLS E-Services IPO | Medi Assist Healthcare IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.80 | 67.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.90 | 45.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.31 | 38.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.56 Cr. | ₹2878.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.33% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.62% | 24.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.05 | ₹10.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.46% | 19.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BLS E-Services IPO Retail Individual Investors (RII) are offered 20,72,700 shares while in Medi Assist Healthcare IPO retail investors are offered 20,72,700 shares. Qualified Institutional Buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 56,05,634 shares in Medi Assist Healthcare IPO.
| BLS E-Services IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,27,096 shares | 84,08,449 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 62,18,154 shares | 56,05,634 shares |
| NII | 31,09,050 shares | 42,04,226 shares |
| RII | 20,72,700 shares | 98,09,859 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 2,30,30,000 shares | 2,80,28,168 shares |
BLS E-Services IPO subscribed 162.38x in total, whereas Medi Assist Healthcare IPO subscribed 16.25x.
| BLS E-Services IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| QIB (times) | 123.30x | 40.14x |
| NII (times) | 300.05x | 14.85x |
| Big NII (times) | 305.27x | 17.22x |
| Small NII (times) | 289.59x | 10.12x |
| RII (times) | 236.53x | 3.19x |
| Employee (times) | ||
| Other (times) | 15.30x | |
| Total (times) | 162.38x | 16.25x |
