Comparison between Asarfi Hospital IPO and Drone Destination IPO.
Asarfi Hospital IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Drone Destination IPO is a SME Bookbuilding proposed to list at NSE SME.
| Asarfi Hospital IPO | Drone Destination IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Asarfi Hospital IPO is up to ₹25.58 Cr whereas the issue size of the Drone Destination IPO is up to ₹40.95 Cr. The final issue price of Asarfi Hospital IPO is ₹52.00 per share and of Drone Destination IPO is ₹65.00 per share.
| Asarfi Hospital IPO | Drone Destination IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹62.00 per share |
| Issue Price (Upper) | ₹52.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹52.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 49,20,000 shares | 63,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.58 Cr | up to ₹40.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 49,20,000 shares | 63,00,000 shares |
| Issue Size Total (Amount) | up to ₹25.58 Cr | up to ₹40.95 Cr |
Asarfi Hospital IPO opens on Jul 17, 2023, while Drone Destination IPO opens on Jul 07, 2023. The closing date of Asarfi Hospital IPO and Drone Destination IPO is Jul 19, 2023, and Jul 13, 2023, respectively.
| Asarfi Hospital IPO | Drone Destination IPO | |
|---|---|---|
| Anchor Bid Date | Jul 14, 2023 | Jul 06, 2023 |
| Issue Open | Jul 17, 2023 | Jul 07, 2023 |
| Issue Close | Jul 19, 2023 | Jul 13, 2023 |
| Basis Of Allotment (Tentative) | Jul 24, 2023 | Jul 18, 2023 |
| Initiation of Refunds (Tentative) | Jul 25, 2023 | Jul 19, 2023 |
| Credit of Share (Tentative) | Jul 26, 2023 | Jul 20, 2023 |
| Listing date (Tentative) | Jul 26, 2023 | Jul 21, 2023 |
| Anchor Lockin End date 1 | Aug 23, 2023 | Aug 17, 2023 |
| Anchor Lockin End date 2 | Oct 22, 2023 | Oct 16, 2023 |
Asarfi Hospital IPO P/E ratio is 12.78, as compared to Drone Destination IPO P/E ratio of 64.35.
| Asarfi Hospital IPO | Drone Destination IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.03 | 85.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.17 | 62.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.78 | 64.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹102.32 Cr. | ₹157.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.16 | 13.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91 | 18.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.41 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.58 | ₹25.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.16 | 13.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Asarfi Hospital IPO Retail Individual Investors (RII) are offered 17,22,000 shares while in Drone Destination IPO retail investors are offered 17,22,000 shares. Qualified Institutional Buyers (QIB) are offered 9,84,000 shares in Asarfi Hospital IPO and 12,60,000 shares in Drone Destination IPO.
| Asarfi Hospital IPO | Drone Destination IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,76,000 shares | 18,88,000 shares |
| Market Maker Reservation | 2,60,000 shares | 5,00,000 shares |
| QIB | 9,84,000 shares | 12,60,000 shares |
| NII | 7,38,000 shares | 9,46,000 shares |
| RII | 17,22,000 shares | 22,06,000 shares |
| Employee | ||
| Others | ||
| Total | 49,20,000 shares | 63,00,000 shares |
Asarfi Hospital IPO subscribed 195.14x in total, whereas Drone Destination IPO subscribed 191.65x.
| Asarfi Hospital IPO | Drone Destination IPO | |
|---|---|---|
| QIB (times) | 50.60x | 50.46x |
| NII (times) | 451.62x | 243.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 167.81x | 250.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 195.14x | 191.65x |
