Comparison between Hemant Surgical Industries IPO and Vasa Denticity IPO.
Hemant Surgical Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vasa Denticity IPO is a SME Bookbuilding proposed to list at NSE SME.
| Hemant Surgical Industries IPO | Vasa Denticity IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Hem Finlease 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 Hemant Surgical Industries IPO is up to ₹23.54 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹51.30 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Vasa Denticity IPO is ₹128.00 per share.
| Hemant Surgical Industries IPO | Vasa Denticity IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹128.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹128.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 26,16,000 shares | 29,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.54 Cr | up to ₹37.86 Cr |
| OFS Issue Size | 0 shares | 10,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹13.44 Cr |
| Issue Size Total | 26,16,000 shares | 40,08,000 shares |
| Issue Size Total (Amount) | up to ₹23.54 Cr | up to ₹51.30 Cr |
Hemant Surgical Industries IPO opens on May 24, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Hemant Surgical Industries IPO and Vasa Denticity IPO is May 26, 2023, and May 25, 2023, respectively.
| Hemant Surgical Industries IPO | Vasa Denticity IPO | |
|---|---|---|
| Anchor Bid Date | May 23, 2023 | May 22, 2023 |
| Issue Open | May 24, 2023 | May 23, 2023 |
| Issue Close | May 26, 2023 | May 25, 2023 |
| Basis Of Allotment (Tentative) | May 31, 2023 | May 30, 2023 |
| Initiation of Refunds (Tentative) | Jun 01, 2023 | May 31, 2023 |
| Credit of Share (Tentative) | Jun 02, 2023 | Jun 01, 2023 |
| Listing date (Tentative) | Jun 05, 2023 | Jun 02, 2023 |
| Anchor Lockin End date 1 | Jun 30, 2023 | Jun 29, 2023 |
| Anchor Lockin End date 2 | Aug 29, 2023 | Aug 28, 2023 |
Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Vasa Denticity IPO P/E ratio of 30.62.
| Hemant Surgical Industries IPO | Vasa Denticity IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 95.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.56 | 69.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.28 | 30.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹93.96 Cr. | ₹205.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.42 | 90.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.98 | 62.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | 0.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.26 | ₹4.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.42 | 90.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Hemant Surgical Industries IPO Retail Individual Investors (RII) are offered 9,16,800 shares while in Vasa Denticity 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 8,02,000 shares in Vasa Denticity IPO.
| Hemant Surgical Industries IPO | Vasa Denticity IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,82,400 shares | 12,00,000 shares |
| Market Maker Reservation | 1,44,000 shares | 2,16,000 shares |
| QIB | 5,23,200 shares | 8,02,000 shares |
| NII | 3,93,600 shares | 6,02,000 shares |
| RII | 9,16,800 shares | 14,04,000 shares |
| Employee | ||
| Others | ||
| Total | 26,16,000 shares | 40,08,000 shares |
Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Vasa Denticity IPO subscribed 73.14x.
| Hemant Surgical Industries IPO | Vasa Denticity IPO | |
|---|---|---|
| QIB (times) | 41.05x | 37.26x |
| NII (times) | 277.26x | 156.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 158.73x | 58.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 150.59x | 73.14x |
