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.

	Hemant Surgical Industries IPO	Infollion Research 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.	Holani Consultants Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Holani Consultants Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 IPO	Infollion 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 Size	1600 shares	1600 shares
Fresh Issue Size	26,16,000 shares	20,91,200 shares
Fresh Issue Size (Amount)	up to ₹23.54 Cr	up to ₹17.15 Cr
OFS Issue Size	0 shares	3,92,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹3.21 Cr
Issue Size Total	26,16,000 shares	24,83,200 shares
Issue Size Total (Amount)	up to ₹23.54 Cr	up 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 IPO	Infollion Research IPO
Anchor Bid Date	May 23, 2023	May 26, 2023
Issue Open	May 24, 2023	May 29, 2023
Issue Close	May 26, 2023	May 31, 2023
Basis Of Allotment (Tentative)	May 31, 2023	Jun 05, 2023
Initiation of Refunds (Tentative)	Jun 01, 2023	Jun 06, 2023
Credit of Share (Tentative)	Jun 02, 2023	Jun 07, 2023
Listing date (Tentative)	Jun 05, 2023	Jun 08, 2023
Anchor Lockin End date 1	Jun 30, 2023	Jul 05, 2023
Anchor Lockin End date 2	Aug 29, 2023	Sep 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 IPO

Infollion Research IPO

Financials

Hemant Surgical Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	4,289.84	6,065.19	114.53	836.61	653.38	1,446.35
31-Mar-22	5,437.59	10,577.02	461.40	1,298.01	1,114.78	973.80
31-Mar-23	6,490.79	11,149.68	765.11	2,359.90	1,591.90	711.92
Amount in ₹ Lakhs

Infollion Research Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	848.74	1,606.46	207.65	702.47	700.98	0.00
31-Mar-22	1,181.32	2,220.13	340.66	1,043.12	1,041.64	0.00
31-Mar-23	1,800.55	3,529.92	557.92	1,601.05	854.36	0.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

67.09

Promoter Shareholding (Post-Issue)

73.56

P/E Ratio

12.28

14.24

Market Cap

₹93.96 Cr.

₹79.47 Cr.

ROE

32.42%

42.20%

ROCE

37.98%

Debt/Equity

0.30

EPS

₹10.26

RoNW

32.42%

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 IPO	Infollion Research IPO
Anchor Investor Reserveration	7,82,400 shares	7,24,800 shares
Market Maker Reserveration	1,44,000 shares	1,32,800 shares
QIB	5,23,200 shares	4,83,200 shares
NII	3,93,600 shares	4,04,800 shares
RII	9,16,800 shares	8,70,400 shares
Employee
Others
Total	26,16,000 shares	24,83,200 shares

Bids Received (Subscription)

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

	Hemant Surgical Industries IPO	Infollion Research IPO
QIB (times)	41.05x	70.72x
NII (times)	277.26x	560.71x
Big NII (times)
Small NII (times)
RII (times)	158.73x	264.10x
Employee (times)
Other (times)
Total (times)	150.59x	279.24x

Compare with others

Hemant Surgical Industries IPO	Infollion Research IPO
Sahana System IPO	Sonalis Consumer Products IPO
CFF Fluid Control IPO	Kore Digital IPO
Comrade Appliances IPO	Sahana System IPO
Infollion Research IPO	CFF Fluid Control IPO
Proventus Agrocom IPO	Comrade Appliances IPO
Vasa Denticity IPO	Proventus Agrocom IPO
Spectrum Talent Management IPO	Hemant Surgical Industries IPO
Crayons Advertising IPO	Vasa Denticity IPO
Remus Pharmaceuticals IPO	Spectrum Talent Management IPO
Auro Impex IPO	Crayons Advertising IPO