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Chetana Education IPO vs Clinitech Laboratory IPO

Comparison between Chetana Education IPO and Clinitech Laboratory IPO.

IPO Details

Chetana Education IPO is a SME Fixed Price IPO proposed to list at NSE SME while Clinitech Laboratory IPO is a SME Fixed Price proposed to list at BSE SME.

 Chetana Education IPOClinitech Laboratory IPO
LogoChetana Education IPO LogoClinitech Laboratory IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Svcm Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the Clinitech Laboratory IPO is up to ₹5.48 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Clinitech Laboratory IPO is ₹96.00 per share.

 Chetana Education IPOClinitech Laboratory IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹85.00 per share
Issue Price (Final)₹85.00 per share₹96.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size51,26,400 shares5,71,200 shares
Fresh Issue Size (Amount)up to ₹43.57 Crup to ₹5.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total51,26,400 shares5,71,200 shares
Issue Size Total (Amount)up to ₹43.57 Crup to ₹5.48 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while Clinitech Laboratory IPO opens on Jul 25, 2024. The closing date of Chetana Education IPO and Clinitech Laboratory IPO is Jul 26, 2024, and Jul 29, 2024, respectively.

 Chetana Education IPOClinitech Laboratory IPO
Anchor Bid DateJul 23, 2024
Issue OpenJul 24, 2024Jul 25, 2024
Issue CloseJul 26, 2024Jul 29, 2024
Basis Of Allotment (Tentative)Jul 29, 2024Jul 30, 2024
Initiation of Refunds (Tentative)Jul 30, 2024Jul 31, 2024
Credit of Share (Tentative)Jul 30, 2024Jul 31, 2024
Listing date (Tentative)Jul 31, 2024Aug 01, 2024
Anchor Lockin End date 1Aug 28, 2024
Anchor Lockin End date 2Oct 27, 2024

Financials & KPIs

Chetana Education IPO P/E ratio is 10.59, as compared to Clinitech Laboratory IPO P/E ratio of 43.45.

 Chetana Education IPOClinitech Laboratory IPO
Financials

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets9,475.098,315.087,605.826,825.10
Total Income9,367.067,560.774,312.213,270.96
Profit After Tax1,203.47685.47168.06280.30
Net Worth2,524.552,281.921,947.332,091.10
Reserves and Surplus1,024.55
Total Borrowing5,128.734,299.503,876.033,487.85
Amount in ₹ Lakhs

Clinitech Laboratory Limited Financial Information (Restated)

Clinitech Laboratory Limited's revenue increased by 1.19% and profit after tax (PAT) dropped by -39.46% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets560.79603.33368.74273.32
Total Income643.92636.34645.70459.63
Profit After Tax37.1261.3151.2640.24
Net Worth354.80238.08184.81139.03
Reserves and Surplus186.8088.0834.8172.37
Total Borrowing86.31102.9188.6153.67
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0083.63
Promoter Shareholding (Post-Issue)73.5361.56
P/E Ratio10.5943.45
Market Cap₹173.40 Cr.₹21.91 Cr.
ROE50.08%
ROCE26.87%
Debt/Equity0.24
EPS₹8.02₹2.21
RoNW47.67%10.46%

Shares Offered

In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in Clinitech Laboratory IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and in Clinitech Laboratory IPO.

 Chetana Education IPOClinitech Laboratory IPO
Anchor Investor Reserveration15,36,000 shares
Market Maker Reserveration2,73,600 shares31,200 shares
QIB10,25,600 shares
NII7,69,600 shares2,85,600 shares
RII17,95,200 shares2,85,600 shares
Employee
Others
Total51,26,400 shares5,71,200 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas Clinitech Laboratory IPO subscribed 38.96x.

 Chetana Education IPOClinitech Laboratory IPO
QIB (times)101.22x
NII (times)468.42x23.28x
Big NII (times)
Small NII (times)
RII (times)135.11x49.61x
Employee (times)
Other (times)
Total (times)196.87x38.96x