Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Aashka Hospitals IPO vs Gretex Corporate IPO

Comparison between Aashka Hospitals IPO and Gretex Corporate IPO.

IPO Details

Aashka Hospitals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gretex Corporate IPO is a SME Fixed Price proposed to list at BSE SME.

 Aashka Hospitals IPOGretex Corporate IPO
LogoAashka Hospitals IPO LogoGretex Corporate IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarAccurate Securities & Registry Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.Intellect Stock Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aashka Hospitals IPO is up to ₹95.83 Cr whereas the issue size of the Gretex Corporate IPO is up to ₹4.87 Cr. The final issue price of Aashka Hospitals IPO is ₹121.00 per share and of Gretex Corporate IPO is ₹170.00 per share.

 Aashka Hospitals IPOGretex Corporate IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹121.00 per share₹170.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares800 shares
Fresh Issue Size49,20,000 shares2,22,400 shares
Fresh Issue Size (Amount)up to ₹59.53 Crup to ₹3.78 Cr
OFS Issue Size30,00,000 shares64,000 shares
OFS Issue Size (Amount)up to ₹36.30 Crup to ₹1.09 Cr
Issue Size Total79,20,000 shares2,86,400 shares
Issue Size Total (Amount)up to ₹95.83 Crup to ₹4.87 Cr

IPO Timetable

Aashka Hospitals IPO opens on Aug 10, 2021, while Gretex Corporate IPO opens on Jul 27, 2021. The closing date of Aashka Hospitals IPO and Gretex Corporate IPO is Aug 24, 2021, and Jul 30, 2021, respectively.

 Aashka Hospitals IPOGretex Corporate IPO
Anchor Bid Date
Issue OpenAug 10, 2021Jul 27, 2021
Issue CloseAug 24, 2021Jul 30, 2021
Basis Of Allotment (Tentative)Aug 30, 2021Aug 04, 2021
Initiation of Refunds (Tentative)Aug 31, 2021Aug 05, 2021
Credit of Share (Tentative)Aug 31, 2021Aug 06, 2021
Listing date (Tentative)Sep 01, 2021Aug 09, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aashka Hospitals IPO P/E ratio is , as compared to Gretex Corporate IPO P/E ratio of .

 Aashka Hospitals IPOGretex Corporate IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 6,508.14 6,004.73 5,405.18
Total Revenue 4,069.23 2,725.14 2,772.55
Profit After Tax 411.39 137.91 136.27
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,011.22 838.21 946.16
Total Revenue 324.63 145.31 315.53
Profit After Tax 71.41 (115.21) 24.97
Promoter Shareholding (Pre-Issue)91.67100
Promoter Shareholding (Post-Issue)61.2473.48
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Aashka Hospitals IPO Retail Individual Investors (RII) are offered 39,60,000 shares while in Gretex Corporate IPO retail investors are offered 39,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Aashka Hospitals IPO and in Gretex Corporate IPO.

 Aashka Hospitals IPOGretex Corporate IPO
Anchor Investor Reserveration
Market Maker Reserveration4,80,000 shares15,200 shares
QIB
NII39,60,000 shares1,43,200 shares
RII39,60,000 shares1,43,200 shares
Employee
Others
Total79,20,000 shares2,86,400 shares

Bids Received (Subscription)

Aashka Hospitals IPO subscribed 1.30x in total, whereas Gretex Corporate IPO subscribed 7.27x.

 Aashka Hospitals IPOGretex Corporate IPO
QIB (times)
NII (times)2.02x2.37x
Big NII (times)
Small NII (times)
RII (times)0.75x12.17x
Employee (times)
Other (times)
Total (times)1.30x7.27x