Hemant Surgical Industries IPO vs Infollion Research IPO

Comparison between Hemant Surgical Industries IPO and Infollion Research IPO.

IPO Details

Hemant Surgical Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Infollion Research IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Hemant Surgical Industries IPO is up to ₹23.54 Cr whereas the issue size of the Infollion Research IPO is up to ₹20.36 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Infollion Research IPO is ₹82.00 per share.

 Hemant Surgical Industries IPOInfollion Research IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share₹80.00 per share
Issue Price (Upper)₹90.00 per share₹82.00 per share
Issue Price (Final)₹90.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size26,16,000 shares20,91,200 shares
Fresh Issue Size (Amount)up to ₹23.54 Crup to ₹17.15 Cr
OFS Issue Size0 shares3,92,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹3.21 Cr
Issue Size Total26,16,000 shares24,83,200 shares
Issue Size Total (Amount)up to ₹23.54 Crup to ₹20.36 Cr

IPO Timetable

Hemant Surgical Industries IPO opens on May 24, 2023, while Infollion Research IPO opens on May 29, 2023. The closing date of Hemant Surgical Industries IPO and Infollion Research IPO is May 26, 2023, and May 31, 2023, respectively.

 Hemant Surgical Industries IPOInfollion Research IPO
Anchor Bid DateMay 23, 2023May 26, 2023
Issue OpenMay 24, 2023May 29, 2023
Issue CloseMay 26, 2023May 31, 2023
Basis Of Allotment (Tentative)May 31, 2023Jun 05, 2023
Initiation of Refunds (Tentative)Jun 01, 2023Jun 06, 2023
Credit of Share (Tentative)Jun 02, 2023Jun 07, 2023
Listing date (Tentative)Jun 05, 2023Jun 08, 2023
Anchor Lockin End date 1Jun 30, 2023Jul 05, 2023
Anchor Lockin End date 2Aug 29, 2023Sep 03, 2023

Financials & KPIs

Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Infollion Research IPO P/E ratio of 14.24.

 Hemant Surgical Industries IPOInfollion Research IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets64.9154.3842.90
Total Income111.50105.7760.65
Profit After Tax7.654.611.15
NET Worth23.6012.988.37
Reserves and Surplus15.9211.156.53
Total Borrowing7.129.7414.46
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets18.0111.818.49
Total Income35.3022.2016.06
Profit After Tax5.583.412.08
NET Worth16.0110.437.02
Reserves and Surplus8.5410.427.01
Total Borrowing0.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0067.09
Promoter Shareholding (Post-Issue)73.56
P/E Ratio12.2814.24
Market Cap₹93.96 Cr.₹79.47 Cr.
ROE32.4242.20
ROCE37.98
Debt/Equity0.30
EPS₹10.26
RoNW32.42

Shares Offered

In the Hemant Surgical Industries IPO Retail Individual Investors (RII) are offered 9,16,800 shares while in Infollion Research IPO retail investors are offered 9,16,800 shares. Qualified Institutional Buyers (QIB) are offered 5,23,200 shares in Hemant Surgical Industries IPO and 4,83,200 shares in Infollion Research IPO.

 Hemant Surgical Industries IPOInfollion Research IPO
Anchor Investor Reservation7,82,400 shares7,24,800 shares
Market Maker Reservation1,44,000 shares1,32,800 shares
QIB5,23,200 shares4,83,200 shares
NII3,93,600 shares4,04,800 shares
RII9,16,800 shares8,70,400 shares
Employee
Others
Total26,16,000 shares24,83,200 shares

Bids Received (Subscription)

Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Infollion Research IPO subscribed 279.24x.

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Hemant Surgical Industries IPO Vs Infollion Research IPO