Focus Suites Solutions IPO vs Medico Remedies IPO

Comparison between Focus Suites Solutions IPO and Medico Remedies IPO.

IPO Details

Focus Suites Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Medico Remedies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Focus Suites Solutions IPO is up to ₹6.16 Cr whereas the issue size of the Medico Remedies IPO is up to ₹10.42 Cr. The final issue price of Focus Suites Solutions IPO is ₹18.00 per share and of Medico Remedies IPO is ₹100.00 per share.

 Focus Suites Solutions IPOMedico Remedies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹18.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares1200 shares
Fresh Issue Size34,24,000 shares8,91,600 shares
Fresh Issue Size (Amount)up to ₹6.16 Crup to ₹8.92 Cr
OFS Issue Size0 shares1,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.50 Cr
Issue Size Total34,24,000 shares10,41,600 shares
Issue Size Total (Amount)up to ₹6.16 Crup to ₹10.42 Cr

IPO Timetable

Focus Suites Solutions IPO opens on Jan 30, 2018, while Medico Remedies IPO opens on Jan 29, 2018. The closing date of Focus Suites Solutions IPO and Medico Remedies IPO is Feb 01, 2018, and Jan 31, 2018, respectively.

 Focus Suites Solutions IPOMedico Remedies IPO
Issue OpenJan 30, 2018Jan 29, 2018
Issue CloseFeb 01, 2018Jan 31, 2018
Basis Of Allotment (Tentative)Feb 06, 2018Feb 05, 2018
Listing date (Tentative)Feb 09, 2018Feb 08, 2018

Financials & KPIs

Focus Suites Solutions IPO P/E ratio is , as compared to Medico Remedies IPO P/E ratio of .

 Focus Suites Solutions IPOMedico Remedies IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets18.6410.004.726.21
Total Income3.969.517.516.02
Profit After Tax0.460.980.650.14
NET Worth16.314.341.891.24
Reserves and Surplus6.654.191.781.13
Total Borrowing1.002.761.411.51
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets48.5948.2545.5435.74
Total Income29.7654.7866.9251.10
Profit After Tax0.401.631.130.79
NET Worth16.7716.3714.7413.61
Reserves and Surplus13.5713.1713.1412.01
Total Borrowing18.4218.5013.807.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)43.41%99.78%
Promoter Shareholding (Post-Issue)31.68%73.34%
Market Cap₹24.03 Cr.₹41.49 Cr.

Shares Offered

In the Focus Suites Solutions IPO Retail Individual Investors (RII) are offered 17,12,000 shares while in Medico Remedies IPO retail investors are offered 17,12,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Focus Suites Solutions IPO and 0 shares in Medico Remedies IPO.

 Focus Suites Solutions IPOMedico Remedies IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,84,000 shares57,600 shares
QIB0 shares0 shares
NII17,12,000 shares5,20,800 shares
RII17,12,000 shares5,20,800 shares
Employee0 shares0 shares
Total34,24,000 shares10,41,600 shares

Bids Received (Subscription)

Focus Suites Solutions IPO subscribed 184.74x in total, whereas Medico Remedies IPO subscribed 1.84x.

 Focus Suites Solutions IPOMedico Remedies IPO
NII (times)287.62x1.16x
RII (times)81.86x2.52x
Total (times)184.74x1.84x

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Focus Suites Solutions IPO Vs Medico Remedies IPO