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Influx Healthtech IPO vs Turtle Infratrade IPO

Comparison between Influx Healthtech IPO and Turtle Infratrade IPO.

IPO Details

Influx Healthtech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Turtle Infratrade IPO is a SME Fixed Price proposed to list at BSE SME.

 Influx Healthtech IPOTurtle Infratrade IPO
LogoInflux Healthtech IPO LogoTurtle Infratrade IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersRarever Financial Advisors Pvt.Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerR.K.Stock Holding Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Influx Healthtech IPO is up to ₹55.63 Cr whereas the issue size of the Turtle Infratrade IPO is up to ₹10.80 Cr. The final issue price of Influx Healthtech IPO is ₹96.00 per share and of Turtle Infratrade IPO is ₹40.00 per share.

 Influx Healthtech IPOTurtle Infratrade IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹91.00 per share
Issue Price (Upper)₹96.00 per share
Issue Price (Final)₹96.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size46,94,400 shares27,00,000 shares
Fresh Issue Size (Amount)up to ₹45.07 Crup to ₹10.80 Cr
OFS Issue Size11,00,400 shares0 shares
OFS Issue Size (Amount)up to ₹10.56 Crup to ₹0.00 Cr
Issue Size Total57,94,800 shares27,00,000 shares
Issue Size Total (Amount)up to ₹55.63 Crup to ₹10.80 Cr

IPO Timetable

Influx Healthtech IPO opens on Jun 18, 2025, while Turtle Infratrade IPO opens on . The closing date of Influx Healthtech IPO and Turtle Infratrade IPO is Jun 20, 2025, and , respectively.

 Influx Healthtech IPOTurtle Infratrade IPO
Anchor Bid DateJun 17, 2025
Issue OpenJun 18, 2025
Issue CloseJun 20, 2025
Basis Of Allotment (Tentative)Jun 23, 2025
Initiation of Refunds (Tentative)Jun 24, 2025
Credit of Share (Tentative)Jun 24, 2025
Listing date (Tentative)Jun 25, 2025
Anchor Lockin End date 1Jul 23, 2025
Anchor Lockin End date 2Sep 21, 2025

Financials & KPIs

Influx Healthtech IPO P/E ratio is 13.04, as compared to Turtle Infratrade IPO P/E ratio of 5.4.

 Influx Healthtech IPOTurtle Infratrade IPO
Financials

Influx Healthtech Limited Financial Information (Restated)

Influx Healthtech Limited's revenue increased by 5% and profit after tax (PAT) rose by 19% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets70.3041.1028.30
Total Income104.99100.1076.07
Profit After Tax13.3711.227.20
Net Worth36.1522.8711.65
Reserves and Surplus18.0022.8511.63
Total Borrowing0.220.320.80
Amount in ₹ Crore

Turtle Infratrade Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets29.3933.3847.9434.6
Total Income50.58178.64125.38246.21
Profit After Tax0.695.571.322.97
Net Worth13.3912.697.166.19
Reserves and Surplus5.8712.376.835.86
Total Borrowing3.37.3710.1213.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.85100.00
Promoter Shareholding (Post-Issue)73.5373.58
P/E Ratio13.045.4
Market Cap₹222.24 Cr.₹40.88 Cr.
ROE36.98%43.89%
ROCE49.17%27.77%
Debt/Equity0.01
EPS₹7.36₹7.41
RoNW36.98%43.89%

Shares Offered

In the Influx Healthtech IPO Retail Individual Investors (RII) are offered 20,29,200 shares while in Turtle Infratrade IPO retail investors are offered 20,29,200 shares. Qualified Institutional Buyers (QIB) are offered 11,59,200 shares in Influx Healthtech IPO and in Turtle Infratrade IPO.

 Influx Healthtech IPOTurtle Infratrade IPO
Anchor Investor Reserveration17,36,400 shares
Market Maker Reserveration3,06,000 shares1,38,000 shares
QIB11,59,200 shares
NII8,70,000 shares
RII20,29,200 shares
Employee0 shares
Others
Total57,94,800 shares

Bids Received (Subscription)

Influx Healthtech IPO subscribed 201.35x in total, whereas Turtle Infratrade IPO subscribed .

 Influx Healthtech IPOTurtle Infratrade IPO
QIB (times)137.87x
NII (times)481.10x
Big NII (times)
Small NII (times)
RII (times)117.68x
Employee (times)
Other (times)
Total (times)201.35x