Comparison between Comrade Appliances IPO and Hemant Surgical Industries IPO.
Comrade Appliances IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Hemant Surgical Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
| Comrade Appliances IPO | Hemant Surgical Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Comrade Appliances IPO is up to ₹11.69 Cr whereas the issue size of the Hemant Surgical Industries IPO is up to ₹23.54 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Hemant Surgical Industries IPO is ₹90.00 per share.
| Comrade Appliances IPO | Hemant Surgical Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 21,64,000 shares | 26,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.69 Cr | up to ₹23.54 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 21,64,000 shares | 26,16,000 shares |
| Issue Size Total (Amount) | up to ₹11.69 Cr | up to ₹23.54 Cr |
Comrade Appliances IPO opens on May 31, 2023, while Hemant Surgical Industries IPO opens on May 24, 2023. The closing date of Comrade Appliances IPO and Hemant Surgical Industries IPO is Jun 05, 2023, and May 26, 2023, respectively.
| Comrade Appliances IPO | Hemant Surgical Industries IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2023 | May 23, 2023 |
| Issue Open | May 31, 2023 | May 24, 2023 |
| Issue Close | Jun 05, 2023 | May 26, 2023 |
| Basis Of Allotment (Tentative) | Jun 08, 2023 | May 31, 2023 |
| Initiation of Refunds (Tentative) | Jun 09, 2023 | Jun 01, 2023 |
| Credit of Share (Tentative) | Jun 12, 2023 | Jun 02, 2023 |
| Listing date (Tentative) | Jun 13, 2023 | Jun 05, 2023 |
| Anchor Lockin End date 1 | Jul 08, 2023 | Jun 30, 2023 |
| Anchor Lockin End date 2 | Sep 06, 2023 | Aug 29, 2023 |
Comrade Appliances IPO P/E ratio is 17.14, as compared to Hemant Surgical Industries IPO P/E ratio of 12.28.
| Comrade Appliances IPO | Hemant Surgical Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.74 | 73.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.14 | 12.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.66 Cr. | ₹93.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0.27 | 32.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.16 | 37.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.96 | 0.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹10.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.73 | 32.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Comrade Appliances IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Hemant Surgical Industries IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and 5,23,200 shares in Hemant Surgical Industries IPO.
| Comrade Appliances IPO | Hemant Surgical Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,48,000 shares | 7,82,400 shares |
| Market Maker Reservation | 1,14,000 shares | 1,44,000 shares |
| QIB | 4,32,000 shares | 5,23,200 shares |
| NII | 3,26,000 shares | 3,93,600 shares |
| RII | 7,58,000 shares | 9,16,800 shares |
| Employee | ||
| Others | ||
| Total | 21,64,000 shares | 26,16,000 shares |
Comrade Appliances IPO subscribed 77.25x in total, whereas Hemant Surgical Industries IPO subscribed 150.59x.
| Comrade Appliances IPO | Hemant Surgical Industries IPO | |
|---|---|---|
| QIB (times) | 21.86x | 41.05x |
| NII (times) | 162.67x | 277.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 72.08x | 158.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 77.25x | 150.59x |
