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Broach Lifecare Hospital IPO vs Forcas Studio IPO

Comparison between Broach Lifecare Hospital IPO and Forcas Studio IPO.

IPO Details

Broach Lifecare Hospital IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Forcas Studio IPO is a SME Bookbuilding proposed to list at NSE SME.

 Broach Lifecare Hospital IPOForcas Studio IPO
LogoBroach Lifecare Hospital IPO LogoForcas Studio IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFedex Securities Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarKfin Technologies Ltd.MAS Services Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Broach Lifecare Hospital IPO is up to ₹3.81 Cr whereas the issue size of the Forcas Studio IPO is up to ₹35.56 Cr. The final issue price of Broach Lifecare Hospital IPO is ₹25.00 per share and of Forcas Studio IPO is ₹80.00 per share.

 Broach Lifecare Hospital IPOForcas Studio IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹77.00 per share
Issue Price (Upper)₹80.00 per share
Issue Price (Final)₹25.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1600 shares
Fresh Issue Size15,24,000 shares44,44,800 shares
Fresh Issue Size (Amount)up to ₹3.81 Crup to ₹35.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,24,000 shares44,44,800 shares
Issue Size Total (Amount)up to ₹3.81 Crup to ₹35.56 Cr

IPO Timetable

Broach Lifecare Hospital IPO opens on Aug 13, 2024, while Forcas Studio IPO opens on Aug 19, 2024. The closing date of Broach Lifecare Hospital IPO and Forcas Studio IPO is Aug 16, 2024, and Aug 21, 2024, respectively.

 Broach Lifecare Hospital IPOForcas Studio IPO
Anchor Bid DateAug 16, 2024
Issue OpenAug 13, 2024Aug 19, 2024
Issue CloseAug 16, 2024Aug 21, 2024
Basis Of Allotment (Tentative)Aug 19, 2024Aug 22, 2024
Initiation of Refunds (Tentative)Aug 20, 2024Aug 23, 2024
Credit of Share (Tentative)Aug 20, 2024Aug 23, 2024
Listing date (Tentative)Aug 21, 2024Aug 26, 2024
Anchor Lockin End date 1Sep 21, 2024
Anchor Lockin End date 2Nov 20, 2024

Financials & KPIs

Broach Lifecare Hospital IPO P/E ratio is 15.99, as compared to Forcas Studio IPO P/E ratio of 90.09.

 Broach Lifecare Hospital IPOForcas Studio IPO
Financials

Broach Lifecare Hospital Limited Financial Information (Restated)

Period Ended31 Mar 2024
Assets571.62
Total Income260.58
Profit After Tax69.76
Net Worth546.92
Reserves and Surplus100.68
Amount in ₹ Lakhs

Forcas Studio Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets12,379.433,923.854,333.274,890.73
Total Income9,648.787,162.425,380.445,113.14
Profit After Tax553.31114.5578.4455.55
Net Worth1,901.97860.26830.84711.94
Reserves and Surplus611.97
Total Borrowing2,861.042,325.262,419.992,437.92
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.7482.17
Promoter Shareholding (Post-Issue)63.7760.30
P/E Ratio15.9990.09
Market Cap₹15.18 Cr.₹140.64 Cr.
ROE12.75%27.06%
ROCE12.77%18.54%
Debt/Equity1.50
EPS₹1.56₹0.89
RoNW12.75%27.06%

Shares Offered

In the Broach Lifecare Hospital IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Forcas Studio IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered in Broach Lifecare Hospital IPO and 8,89,600 shares in Forcas Studio IPO.

 Broach Lifecare Hospital IPOForcas Studio IPO
Anchor Investor Reserveration13,31,200 shares
Market Maker Reserveration84,000 shares2,35,200 shares
QIB8,89,600 shares
NII7,62,000 shares6,67,200 shares
RII7,62,000 shares15,56,800 shares
Employee
Others
Total15,24,000 shares44,44,800 shares

Bids Received (Subscription)

Broach Lifecare Hospital IPO subscribed 159.11x in total, whereas Forcas Studio IPO subscribed 416.99x.

 Broach Lifecare Hospital IPOForcas Studio IPO
QIB (times)205.39x
NII (times)88.50x701.85x
Big NII (times)
Small NII (times)
RII (times)226.32x415.82x
Employee (times)
Other (times)
Total (times)159.11x416.99x