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Chandan Healthcare IPO vs Readymix Construction Machinery IPO

Comparison between Chandan Healthcare IPO and Readymix Construction Machinery IPO.

IPO Details

Chandan Healthcare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Readymix Construction Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.

 Chandan Healthcare IPOReadymix Construction Machinery IPO
LogoChandan Healthcare IPO LogoReadymix Construction Machinery IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerR.K.Stock Holding Pvt.Ltd.Hem Finlease Pvt.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 Readymix Construction Machinery IPO is up to ₹35.77 Cr. The final issue price of Chandan Healthcare IPO is ₹159.00 per share and of Readymix Construction Machinery IPO is ₹123.00 per share.

 Chandan Healthcare IPOReadymix Construction Machinery IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹151.00 per share₹121.00 per share
Issue Price (Upper)₹159.00 per share₹123.00 per share
Issue Price (Final)₹159.00 per share₹123.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size800 shares1000 shares
Fresh Issue Size41,12,864 shares29,08,000 shares
Fresh Issue Size (Amount)up to ₹65.34 Crup to ₹35.77 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 shares29,08,000 shares
Issue Size Total (Amount)up to ₹101.88 Crup to ₹35.77 Cr

IPO Timetable

Chandan Healthcare IPO opens on Feb 10, 2025, while Readymix Construction Machinery IPO opens on Feb 06, 2025. The closing date of Chandan Healthcare IPO and Readymix Construction Machinery IPO is Feb 12, 2025, and Feb 10, 2025, respectively.

 Chandan Healthcare IPOReadymix Construction Machinery IPO
Anchor Bid DateFeb 07, 2025Feb 05, 2025
Issue OpenFeb 10, 2025Feb 06, 2025
Issue CloseFeb 12, 2025Feb 10, 2025
Basis Of Allotment (Tentative)Feb 13, 2025Feb 11, 2025
Initiation of Refunds (Tentative)Feb 14, 2025Feb 12, 2025
Credit of Share (Tentative)Feb 14, 2025Feb 12, 2025
Listing date (Tentative)Feb 17, 2025Feb 13, 2025
Anchor Lockin End date 1Mar 14, 2025Mar 13, 2025
Anchor Lockin End date 2May 13, 2025May 12, 2025

Financials & KPIs

Chandan Healthcare IPO P/E ratio is 19.44, as compared to Readymix Construction Machinery IPO P/E ratio of 10.46.

 Chandan Healthcare IPOReadymix Construction Machinery 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

Readymix Construction Machinery Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets52.4338.9732.1630.16
Total Income35.569.8455.0147.83
Profit After Tax1.049.282.781.33
Net Worth19.818.759.436.63
Reserves and Surplus11.918.298.966.17
Total Borrowing16.687.97.64.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)69.96100.00
Promoter Shareholding (Post-Issue)49.2072.06
P/E Ratio19.4410.46
Market Cap₹388.79 Cr.₹134.79 Cr.
ROE47.50%65.90%
ROCE35.20%48.96%
Debt/Equity1.020.42
EPS₹8.18₹11.76
RoNW39.54%49.51%

Shares Offered

In the Chandan Healthcare IPO Retail Individual Investors (RII) are offered 21,59,200 shares while in Readymix Construction Machinery IPO retail investors are offered 21,59,200 shares. Qualified Institutional Buyers (QIB) are offered 12,33,600 shares in Chandan Healthcare IPO and 5,82,000 shares in Readymix Construction Machinery IPO.

 Chandan Healthcare IPOReadymix Construction Machinery IPO
Anchor Investor Reserveration18,48,800 shares8,71,000 shares
Market Maker Reserveration3,39,200 shares1,54,000 shares
QIB12,33,600 shares5,82,000 shares
NII9,25,600 shares4,37,000 shares
RII21,59,200 shares10,18,000 shares
Employee2,45,600 shares0 shares
Others
Total64,12,800 shares29,08,000 shares

Bids Received (Subscription)

Chandan Healthcare IPO subscribed 7.04x in total, whereas Readymix Construction Machinery IPO subscribed 4.61x.

 Chandan Healthcare IPOReadymix Construction Machinery IPO
QIB (times)7.58x5.10x
NII (times)18.85x4.76x
Big NII (times)
Small NII (times)
RII (times)2.44x4.26x
Employee (times)
Other (times)
Total (times)7.04x4.61x