Concord Biotech IPO vs Yatharth Hospital IPO

Comparison between Concord Biotech IPO and Yatharth Hospital IPO.

IPO Details

Concord Biotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Yatharth Hospital IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Concord Biotech IPO is up to ₹1,550.52 Cr whereas the issue size of the Yatharth Hospital IPO is up to ₹686.55 Cr. The final issue price of Concord Biotech IPO is ₹741.00 per share and of Yatharth Hospital IPO is ₹300.00 per share.

 Concord Biotech IPOYatharth Hospital IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹705.00 per share₹285.00 per share
Issue Price (Upper)₹741.00 per share₹300.00 per share
Issue Price (Final)₹741.00 per share₹300.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹70.00 per share
Market Lot Size20 shares50 shares
Fresh Issue Size0 shares1,63,33,333 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹490.00 Cr
OFS Issue Size2,09,25,652 shares65,51,690 shares
OFS Issue Size (Amount)up to ₹1,550.52 Crup to ₹196.55 Cr
Issue Size Total2,09,25,652 shares2,28,85,023 shares
Issue Size Total (Amount)up to ₹1,550.52 Crup to ₹686.55 Cr

IPO Timetable

Concord Biotech IPO opens on Aug 04, 2023, while Yatharth Hospital IPO opens on Jul 26, 2023. The closing date of Concord Biotech IPO and Yatharth Hospital IPO is Aug 08, 2023, and Jul 28, 2023, respectively.

 Concord Biotech IPOYatharth Hospital IPO
Anchor Bid DateAug 03, 2023Jul 25, 2023
Issue OpenAug 04, 2023Jul 26, 2023
Issue CloseAug 08, 2023Jul 28, 2023
Basis Of Allotment (Tentative)Aug 11, 2023Aug 02, 2023
Initiation of Refunds (Tentative)Aug 14, 2023Aug 03, 2023
Credit of Share (Tentative)Aug 17, 2023Aug 04, 2023
Listing date (Tentative)Aug 18, 2023Aug 07, 2023
Anchor Lockin End date 1Sep 10, 2023Sep 01, 2023
Anchor Lockin End date 2Nov 09, 2023Oct 31, 2023

Financials & KPIs

Concord Biotech IPO P/E ratio is 32.29, as compared to Yatharth Hospital IPO P/E ratio of 39.16.

 Concord Biotech IPOYatharth Hospital IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,513.981,312.801,182.55
Total Income888.48736.35630.75
Profit After Tax240.08174.93234.89
NET Worth1,290.001,103.22999.37
Total Borrowing31.2460.5986.35
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets485.97426.02308.77287.20256.56
Total Income523.10402.59229.19146.18102.07
Profit After Tax65.7744.1619.59-2.053.98
NET Worth182.96116.8972.4654.2955.60
Total Borrowing263.78258.19186.11184.57164.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)44.0891.34
Promoter Shareholding (Post-Issue)44.0866.32
P/E Ratio32.2939.16
Market Cap₹7752.06 Cr.₹2575.51 Cr.
ROE20.06%35.95%
ROCE24.27%26.10%
Debt/Equity1.44
EPS₹20.79₹10.09
RoNW20%35.95%

Shares Offered

In the Concord Biotech IPO Retail Individual Investors (RII) are offered 73,20,479 shares while in Yatharth Hospital IPO retail investors are offered 73,20,479 shares. Qualified Institutional Buyers (QIB) are offered 41,83,130 shares in Concord Biotech IPO and 45,77,004 shares in Yatharth Hospital IPO.

 Concord Biotech IPOYatharth Hospital IPO
Anchor Investor Reservation62,74,695 shares68,65,506 shares
Market Maker Reservation
QIB41,83,130 shares45,77,004 shares
NII31,37,348 shares34,32,754 shares
RII73,20,479 shares80,09,759 shares
Employee10,000 shares
Others
Total2,09,25,652 shares2,28,85,023 shares

Bids Received (Subscription)

Concord Biotech IPO subscribed 24.87x in total, whereas Yatharth Hospital IPO subscribed 37.28x.

 Concord Biotech IPOYatharth Hospital IPO
QIB (times)67.67x86.37x
NII (times)16.99x38.62x
Big NII (times)19.30x41.76x
Small NII (times)12.37x32.34x
RII (times)3.78x8.66x
Employee (times)24.48x
Other (times)
Total (times)24.87x37.28x

Compare with others

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Concord Biotech IPO Vs Yatharth Hospital IPO