Comparison between EPACK Durable IPO and Medi Assist Healthcare IPO.
EPACK Durable IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Medi Assist Healthcare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Medi Assist Healthcare IPO is up to ₹1,171.58 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Medi Assist Healthcare IPO is ₹418.00 per share.
| EPACK Durable IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹218.00 per share | ₹397.00 per share |
| Issue Price (Upper) | ₹230.00 per share | ₹418.00 per share |
| Issue Price (Final) | ₹230.00 per share | ₹418.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 65 shares | 35 shares |
| Fresh Issue Size | 1,73,91,304 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,04,37,047 shares | 2,80,28,168 shares |
| OFS Issue Size (Amount) | up to ₹240.05 Cr | up to ₹1,171.58 Cr |
| Issue Size Total | 2,78,28,351 shares | 2,80,28,168 shares |
| Issue Size Total (Amount) | up to ₹640.05 Cr | up to ₹1,171.58 Cr |
EPACK Durable IPO opens on Jan 19, 2024, while Medi Assist Healthcare IPO opens on Jan 15, 2024. The closing date of EPACK Durable IPO and Medi Assist Healthcare IPO is Jan 24, 2024, and Jan 17, 2024, respectively.
| EPACK Durable IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Bid Date | Jan 18, 2024 | Jan 12, 2024 |
| Issue Open | Jan 19, 2024 | Jan 15, 2024 |
| Issue Close | Jan 24, 2024 | Jan 17, 2024 |
| Basis Of Allotment (Tentative) | Jan 25, 2024 | Jan 18, 2024 |
| Initiation of Refunds (Tentative) | Jan 29, 2024 | Jan 19, 2024 |
| Credit of Share (Tentative) | Jan 29, 2024 | Jan 19, 2024 |
| Listing date (Tentative) | Jan 30, 2024 | Jan 23, 2024 |
| Anchor Lockin End date 1 | Feb 24, 2024 | Feb 17, 2024 |
| Anchor Lockin End date 2 | Apr 24, 2024 | Apr 17, 2024 |
EPACK Durable IPO P/E ratio is 56.4, as compared to Medi Assist Healthcare IPO P/E ratio of 38.22.
| EPACK Durable IPO | Medi Assist Healthcare IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.49 | 67.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.36 | 45.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 56.4 | 38.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2203.37 Cr. | ₹2878.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.68% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.85% | 24.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹10.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.68% | 19.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the EPACK Durable IPO Retail Individual Investors (RII) are offered 97,39,923 shares while in Medi Assist Healthcare IPO retail investors are offered 97,39,923 shares. Qualified Institutional Buyers (QIB) are offered 55,65,671 shares in EPACK Durable IPO and 56,05,634 shares in Medi Assist Healthcare IPO.
| EPACK Durable IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 83,48,504 shares | 84,08,449 shares |
| Market Maker Reservation | ||
| QIB | 55,65,671 shares | 56,05,634 shares |
| NII | 41,74,253 shares | 42,04,226 shares |
| RII | 97,39,923 shares | 98,09,859 shares |
| Employee | ||
| Others | ||
| Total | 2,78,28,351 shares | 2,80,28,168 shares |
EPACK Durable IPO subscribed 16.79x in total, whereas Medi Assist Healthcare IPO subscribed 16.25x.
| EPACK Durable IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| QIB (times) | 25.59x | 40.14x |
| NII (times) | 29.07x | 14.85x |
| Big NII (times) | 31.60x | 17.22x |
| Small NII (times) | 21.74x | 10.12x |
| RII (times) | 6.50x | 3.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.79x | 16.25x |