ideaForge Technology IPO vs Yatharth Hospital IPO

Comparison between ideaForge Technology IPO and Yatharth Hospital IPO.

IPO Details

ideaForge Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Yatharth Hospital IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ideaForge Technology IPO is up to ₹567.24 Cr whereas the issue size of the Yatharth Hospital IPO is up to ₹686.55 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of Yatharth Hospital IPO is ₹300.00 per share.

 ideaForge Technology IPOYatharth Hospital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹638.00 per share₹285.00 per share
Issue Price (Upper)₹672.00 per share₹300.00 per share
Issue Price (Final)₹672.00 per share₹300.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹32.00 per share
Market Lot Size22 shares50 shares
Fresh Issue Size35,72,052 shares1,63,33,333 shares
Fresh Issue Size (Amount)up to ₹240.02 Crup to ₹490.00 Cr
OFS Issue Size48,69,712 shares65,51,690 shares
OFS Issue Size (Amount)up to ₹327.22 Crup to ₹196.55 Cr
Issue Size Total84,41,764 shares2,28,85,023 shares
Issue Size Total (Amount)up to ₹567.24 Crup to ₹686.55 Cr

IPO Timetable

ideaForge Technology IPO opens on Jun 26, 2023, while Yatharth Hospital IPO opens on Jul 26, 2023. The closing date of ideaForge Technology IPO and Yatharth Hospital IPO is Jun 30, 2023, and Jul 28, 2023, respectively.

 ideaForge Technology IPOYatharth Hospital IPO
Anchor Bid DateJun 23, 2023Jul 25, 2023
Issue OpenJun 26, 2023Jul 26, 2023
Issue CloseJun 30, 2023Jul 28, 2023
Basis Of Allotment (Tentative)Jul 05, 2023Aug 02, 2023
Initiation of Refunds (Tentative)Jul 06, 2023Aug 03, 2023
Credit of Share (Tentative)Jul 07, 2023Aug 04, 2023
Listing date (Tentative)Jul 07, 2023Aug 07, 2023
Anchor Lockin End date 1Aug 04, 2023Sep 01, 2023
Anchor Lockin End date 2Oct 03, 2023Oct 31, 2023

Financials & KPIs

ideaForge Technology IPO P/E ratio is 87.5, as compared to Yatharth Hospital IPO P/E ratio of 39.16.

 ideaForge Technology IPOYatharth Hospital IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets487.93222.33123.7479.79
Total Income196.40161.4536.3416.32
Profit After Tax31.9944.01-14.63-13.45
NET Worth324.72163.3059.6368.12
Reserves and Surplus110.2859.6368.05
Total Borrowing86.505.6850.575.30
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets485.97426.02308.77287.20256.56
Total Income523.10402.59229.19146.18102.07
Profit After Tax65.7744.1619.59-2.053.98
NET Worth182.96116.8972.4654.2955.60
Total Borrowing263.78258.19186.11184.57164.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)33.3791.34
Promoter Shareholding (Post-Issue)30.1966.32
P/E Ratio87.539.16
Market Cap₹2800.20 Cr.₹2575.51 Cr.
ROE13.11%35.95%
ROCE12.51%26.10%
Debt/Equity0.271.44
EPS₹8.12₹10.09
RoNW9.85%35.95%

Shares Offered

In the ideaForge Technology IPO Retail Individual Investors (RII) are offered 8,42,865 shares while in Yatharth Hospital IPO retail investors are offered 8,42,865 shares. Qualified Institutional Buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 45,77,004 shares in Yatharth Hospital IPO.

 ideaForge Technology IPOYatharth Hospital IPO
Anchor Investor Reservation37,92,894 shares68,65,506 shares
Market Maker Reservation
QIB25,28,596 shares45,77,004 shares
NII12,64,297 shares34,32,754 shares
RII8,42,865 shares80,09,759 shares
Employee13,112 shares
Others
Total84,41,764 shares2,28,85,023 shares

Bids Received (Subscription)

ideaForge Technology IPO subscribed 106.06x in total, whereas Yatharth Hospital IPO subscribed 37.28x.

 ideaForge Technology IPOYatharth Hospital IPO
QIB (times)125.81x86.37x
NII (times)80.58x38.62x
Big NII (times)81.99x41.76x
Small NII (times)77.77x32.34x
RII (times)85.20x8.66x
Employee (times)96.65x
Other (times)
Total (times)106.06x37.28x

Compare with others

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ideaForge Technology IPO Vs Yatharth Hospital IPO