Gujarat Hy-Spin IPO vs Medico Remedies IPO

Comparison between Gujarat Hy-Spin IPO and Medico Remedies IPO.

IPO Details

Gujarat Hy-Spin 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 Gujarat Hy-Spin IPO is up to ₹4.22 Cr whereas the issue size of the Medico Remedies IPO is up to ₹10.42 Cr. The final issue price of Gujarat Hy-Spin IPO is ₹10.00 per share and of Medico Remedies IPO is ₹100.00 per share.

 Gujarat Hy-Spin IPOMedico Remedies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares1200 shares
Fresh Issue Size0 shares8,91,600 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹8.92 Cr
OFS Issue Size42,20,000 shares1,50,000 shares
OFS Issue Size (Amount)up to ₹4.22 Crup to ₹1.50 Cr
Issue Size Total42,20,000 shares10,41,600 shares
Issue Size Total (Amount)up to ₹4.22 Crup to ₹10.42 Cr

IPO Timetable

Gujarat Hy-Spin IPO opens on Jan 25, 2018, while Medico Remedies IPO opens on Jan 29, 2018. The closing date of Gujarat Hy-Spin IPO and Medico Remedies IPO is Jan 31, 2018, and Jan 31, 2018, respectively.

 Gujarat Hy-Spin IPOMedico Remedies IPO
Issue OpenJan 25, 2018Jan 29, 2018
Issue CloseJan 31, 2018Jan 31, 2018
Basis Of Allotment (Tentative)Feb 05, 2018Feb 05, 2018
Listing date (Tentative)Feb 08, 2018Feb 08, 2018

Financials & KPIs

Gujarat Hy-Spin IPO P/E ratio is , as compared to Medico Remedies IPO P/E ratio of .

 Gujarat Hy-Spin IPOMedico Remedies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets64.1959.3561.6256.60
Total Income26.3952.0551.8952.12
Profit After Tax0.170.150.04-0.34
NET Worth18.6318.0517.3716.22
Reserves and Surplus1.881.300.62-0.53
Total Borrowing28.5631.4735.9334.33
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)100%99.78%
Promoter Shareholding (Post-Issue)55.11%73.34%
Market Cap₹16.75 Cr.₹41.49 Cr.

Shares Offered

In the Gujarat Hy-Spin IPO Retail Individual Investors (RII) are offered 21,10,000 shares while in Medico Remedies IPO retail investors are offered 21,10,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Gujarat Hy-Spin IPO and 0 shares in Medico Remedies IPO.

 Gujarat Hy-Spin IPOMedico Remedies IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares57,600 shares
QIB0 shares0 shares
NII21,10,000 shares5,20,800 shares
RII21,10,000 shares5,20,800 shares
Employee0 shares0 shares
Total42,20,000 shares10,41,600 shares

Bids Received (Subscription)

Gujarat Hy-Spin IPO subscribed 4.81x in total, whereas Medico Remedies IPO subscribed 1.84x.

 Gujarat Hy-Spin IPOMedico Remedies IPO
NII (times)1.89x1.16x
RII (times)7.73x2.52x
Total (times)4.81x1.84x

Compare with others

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Gujarat Hy-Spin IPO Vs Medico Remedies IPO