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Achyut Healthcare IPO vs Evoq Remedies IPO

Comparison between Achyut Healthcare IPO and Evoq Remedies IPO.

IPO Details

Achyut Healthcare IPO is a SME Fixed Price IPO proposed to list at BSE SME while Evoq Remedies IPO is a SME Fixed Price proposed to list at BSE SME.

 Achyut Healthcare IPOEvoq Remedies IPO
LogoAchyut Healthcare IPO LogoEvoq Remedies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Swastika Investmart Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Achyut Healthcare IPO is up to ₹3.41 Cr whereas the issue size of the Evoq Remedies IPO is up to ₹9.23 Cr. The final issue price of Achyut Healthcare IPO is ₹20.00 per share and of Evoq Remedies IPO is ₹27.00 per share.

 Achyut Healthcare IPOEvoq Remedies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares4000 shares
Fresh Issue Size17,04,000 shares34,20,000 shares
Fresh Issue Size (Amount)up to ₹3.41 Crup to ₹9.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,04,000 shares34,20,000 shares
Issue Size Total (Amount)up to ₹3.41 Crup to ₹9.23 Cr

IPO Timetable

Achyut Healthcare IPO opens on Mar 17, 2022, while Evoq Remedies IPO opens on Mar 17, 2022. The closing date of Achyut Healthcare IPO and Evoq Remedies IPO is Mar 22, 2022, and Mar 22, 2022, respectively.

 Achyut Healthcare IPOEvoq Remedies IPO
Anchor Bid Date
Issue OpenMar 17, 2022Mar 17, 2022
Issue CloseMar 22, 2022Mar 22, 2022
Basis Of Allotment (Tentative)Mar 25, 2022Mar 25, 2022
Initiation of Refunds (Tentative)Mar 28, 2022Mar 28, 2022
Credit of Share (Tentative)Mar 29, 2022Mar 29, 2022
Listing date (Tentative)Mar 30, 2022Mar 30, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Achyut Healthcare IPO P/E ratio is 54.05, as compared to Evoq Remedies IPO P/E ratio of 33.75.

 Achyut Healthcare IPOEvoq Remedies IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 588.68 47.13 27.26 23.73
Total Revenue 272.54 27.43 34.56 66.78
Profit After Tax 12.63 0.74 1.40 (1.46)
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakh)
  10-Feb-22 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2660.58 804.63 565.22 214.78
Total Revenue 1056.58 1002.48 907.21 325
Profit After Tax 93.67 71.38 0.03 1.11
Promoter Shareholding (Pre-Issue)90.2899.99
Promoter Shareholding (Post-Issue)66.1873.53
P/E Ratio54.0533.75
Market Cap₹13.48 Cr.₹36.72 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Achyut Healthcare IPO Retail Individual Investors (RII) are offered 8,52,000 shares while in Evoq Remedies IPO retail investors are offered 8,52,000 shares. Qualified Institutional Buyers (QIB) are offered in Achyut Healthcare IPO and in Evoq Remedies IPO.

 Achyut Healthcare IPOEvoq Remedies IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares1,80,000 shares
QIB
NII8,52,000 shares17,10,000 shares
RII8,52,000 shares17,10,000 shares
Employee
Others
Total17,04,000 shares34,20,000 shares

Bids Received (Subscription)

Achyut Healthcare IPO subscribed 4.35x in total, whereas Evoq Remedies IPO subscribed 1.67x.

 Achyut Healthcare IPOEvoq Remedies IPO
QIB (times)
NII (times)1.95x0.30x
Big NII (times)
Small NII (times)
RII (times)6.75x3.03x
Employee (times)
Other (times)
Total (times)4.35x1.67x