Comparison between Adeshwar Meditex IPO and Focus Business Solution IPO.
IPO Details
Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Focus Business Solution IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Adeshwar Meditex IPO is up to ₹9.24 Cr whereas the issue size of the Focus Business Solution IPO is up to ₹1.14 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Focus Business Solution IPO is ₹19.00 per share.
IPO Timetable
Adeshwar Meditex IPO opens on Jun 15, 2021, while Focus Business Solution IPO opens on Jun 30, 2021. The closing date of Adeshwar Meditex IPO and Focus Business Solution IPO is Jun 18, 2021, and Jul 05, 2021, respectively.
| | Adeshwar Meditex IPO | Focus Business Solution IPO |
|---|
| Issue Open | Jun 15, 2021 | Jun 30, 2021 |
| Issue Close | Jun 18, 2021 | Jul 05, 2021 |
| Basis Of Allotment (Tentative) | Jun 23, 2021 | Jul 08, 2021 |
| Initiation of Refunds (Tentative) | Jun 24, 2021 | Jul 09, 2021 |
| Credit of Share (Tentative) | Jun 25, 2021 | Jul 12, 2021 |
| Listing date (Tentative) | Jun 28, 2021 | Jul 13, 2021 |
Financials & KPIs
Adeshwar Meditex IPO P/E ratio is , as compared to Focus Business Solution IPO P/E ratio of .
Shares Offered
In the Adeshwar Meditex IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Focus Business Solution IPO retail investors are offered 18,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Adeshwar Meditex IPO and 0 shares in Focus Business Solution IPO.
| | Adeshwar Meditex IPO | Focus Business Solution IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,04,000 shares | 42,000 shares |
| QIB | | 0 shares |
| NII | 18,48,000 shares | 3,00,000 shares |
| RII | 18,48,000 shares | 3,00,000 shares |
| Employee | | 0 shares |
| Total | 36,96,000 shares | 6,00,000 shares |
Bids Received (Subscription)
Adeshwar Meditex IPO subscribed 1.85x in total, whereas Focus Business Solution IPO subscribed 6.66x.