Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Chandan Healthcare IPO vs P S Raj Steels IPO

Comparison between Chandan Healthcare IPO and P S Raj Steels IPO.

IPO Details

Chandan Healthcare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while P S Raj Steels IPO is a SME Bookbuilding proposed to list at NSE SME.

 Chandan Healthcare IPOP S Raj Steels IPO
LogoChandan Healthcare IPO LogoP S Raj Steels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Khambatta Securities Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerR.K.Stock Holding Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Chandan Healthcare IPO is up to ₹101.88 Cr whereas the issue size of the P S Raj Steels IPO is up to ₹26.87 Cr. The final issue price of Chandan Healthcare IPO is ₹159.00 per share and of P S Raj Steels IPO is ₹140.00 per share.

 Chandan Healthcare IPOP S Raj Steels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹151.00 per share₹132.00 per share
Issue Price (Upper)₹159.00 per share₹140.00 per share
Issue Price (Final)₹159.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹15.00 per share₹0.00 per share
Market Lot Size800 shares1000 shares
Fresh Issue Size41,12,864 shares19,19,000 shares
Fresh Issue Size (Amount)up to ₹65.34 Crup to ₹26.87 Cr
OFS Issue Size22,99,936 shares0 shares
OFS Issue Size (Amount)up to ₹36.54 Crup to ₹0.00 Cr
Issue Size Total64,12,800 shares19,19,000 shares
Issue Size Total (Amount)up to ₹101.88 Crup to ₹26.87 Cr

IPO Timetable

Chandan Healthcare IPO opens on Feb 10, 2025, while P S Raj Steels IPO opens on Feb 12, 2025. The closing date of Chandan Healthcare IPO and P S Raj Steels IPO is Feb 12, 2025, and Feb 14, 2025, respectively.

 Chandan Healthcare IPOP S Raj Steels IPO
Anchor Bid DateFeb 07, 2025Feb 11, 2025
Issue OpenFeb 10, 2025Feb 12, 2025
Issue CloseFeb 12, 2025Feb 14, 2025
Basis Of Allotment (Tentative)Feb 13, 2025Feb 17, 2025
Initiation of Refunds (Tentative)Feb 14, 2025Feb 18, 2025
Credit of Share (Tentative)Feb 14, 2025Feb 18, 2025
Listing date (Tentative)Feb 17, 2025Feb 19, 2025
Anchor Lockin End date 1Mar 14, 2025Mar 19, 2025
Anchor Lockin End date 2May 13, 2025May 18, 2025

Financials & KPIs

Chandan Healthcare IPO P/E ratio is 19.44, as compared to P S Raj Steels IPO P/E ratio of 12.14.

 Chandan Healthcare IPOP S Raj Steels IPO
Financials

Chandan Healthcare Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets170.06128.8697.8381.23
Total Income167.99177.96137.03119.92
Profit After Tax17.4216.363.59-1.09
Net Worth41.0927.323.93
Reserves and Surplus34.3121.167.374
Total Borrowing51.9242.0121.3616.58
Amount in ₹ Crore

PS Raj Steels Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.3652.0774.1245.94
Total Income139.12297.76225.44179.89
Profit After Tax3.876.363.653.57
Net Worth34.4330.624.320.65
Reserves and Surplus28.9129.9923.6920.04
Total Borrowing17.2517.818.0217.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)69.96100.00
Promoter Shareholding (Post-Issue)49.2073.20
P/E Ratio19.4412.14
Market Cap₹388.79 Cr.₹105.54 Cr.
ROE47.50%20.79%
ROCE35.20%20.64%
Debt/Equity1.020.58
EPS₹8.18₹11.53
RoNW39.54%20.79%

Shares Offered

In the Chandan Healthcare IPO Retail Individual Investors (RII) are offered 21,59,200 shares while in P S Raj Steels IPO retail investors are offered 21,59,200 shares. Qualified Institutional Buyers (QIB) are offered 12,33,600 shares in Chandan Healthcare IPO and 3,80,000 shares in P S Raj Steels IPO.

 Chandan Healthcare IPOP S Raj Steels IPO
Anchor Investor Reserveration18,48,800 shares5,69,000 shares
Market Maker Reserveration3,39,200 shares1,01,000 shares
QIB12,33,600 shares3,80,000 shares
NII9,25,600 shares2,85,000 shares
RII21,59,200 shares6,65,000 shares
Employee2,45,600 shares20,000 shares
Others
Total64,12,800 shares19,19,000 shares

Bids Received (Subscription)

Chandan Healthcare IPO subscribed 7.04x in total, whereas P S Raj Steels IPO subscribed 9.82x.

 Chandan Healthcare IPOP S Raj Steels IPO
QIB (times)7.58x1.21x
NII (times)18.85x21.39x
Big NII (times)
Small NII (times)
RII (times)2.44x10.04x
Employee (times)
Other (times)
Total (times)7.04x9.82x