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Innovatus Entertainment Networks IPO vs Sangani Hospitals IPO

Comparison between Innovatus Entertainment Networks IPO and Sangani Hospitals IPO.

IPO Details

Innovatus Entertainment Networks IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sangani Hospitals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Innovatus Entertainment Networks IPOSangani Hospitals IPO
LogoInnovatus Entertainment Networks IPO LogoSangani Hospitals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Unistone Capital Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPure Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Innovatus Entertainment Networks IPO is up to ₹7.35 Cr whereas the issue size of the Sangani Hospitals IPO is up to ₹14.40 Cr. The final issue price of Innovatus Entertainment Networks IPO is ₹50.00 per share and of Sangani Hospitals IPO is ₹40.00 per share.

 Innovatus Entertainment Networks IPOSangani Hospitals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹37.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹50.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size14,70,000 shares36,00,000 shares
Fresh Issue Size (Amount)up to ₹7.35 Crup to ₹14.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,70,000 shares36,00,000 shares
Issue Size Total (Amount)up to ₹7.35 Crup to ₹14.40 Cr

IPO Timetable

Innovatus Entertainment Networks IPO opens on Jul 25, 2023, while Sangani Hospitals IPO opens on Aug 04, 2023. The closing date of Innovatus Entertainment Networks IPO and Sangani Hospitals IPO is Jul 27, 2023, and Aug 08, 2023, respectively.

 Innovatus Entertainment Networks IPOSangani Hospitals IPO
Anchor Bid Date
Issue OpenJul 25, 2023Aug 04, 2023
Issue CloseJul 27, 2023Aug 08, 2023
Basis Of Allotment (Tentative)Aug 01, 2023Aug 11, 2023
Initiation of Refunds (Tentative)Aug 02, 2023Aug 14, 2023
Credit of Share (Tentative)Aug 03, 2023Aug 16, 2023
Listing date (Tentative)Aug 04, 2023Aug 17, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Innovatus Entertainment Networks IPO P/E ratio is 41, as compared to Sangani Hospitals IPO P/E ratio of 37.03.

 Innovatus Entertainment Networks IPOSangani Hospitals IPO
Financials
Innovatus Entertainment Networks Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20449.411,042.1229.44171.61170.610.00
31-Mar-21597.72784.0733.38205.00204.00152.34
31-Mar-22530.83787.9030.19235.1934.19152.34
31-Mar-23822.631,093.9348.26483.45242.45152.34
Amount in ₹ Lakhs
Sangani Hospitals IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets330.36299.20705.451,959.01
Total Income446.47498.21420.631,576.24
Profit After Tax22.8179.06105.35148.37
Net Worth183.35168.79501.601,797.29
Reserves and Surplus168.83106.78798.79
Total Borrowing34.7234.5710.08
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.97100.00
Promoter Shareholding (Post-Issue)60.87
P/E Ratio4137.03
Market Cap₹19.79 Cr.₹55.11 Cr.
ROE9.98%
ROCE11.32%11.26%
Debt/Equity0.32
EPS₹2.00₹3.47
RoNW9.98%35.75%

Shares Offered

In the Innovatus Entertainment Networks IPO Retail Individual Investors (RII) are offered 7,35,000 shares while in Sangani Hospitals IPO retail investors are offered 7,35,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovatus Entertainment Networks IPO and 3,60,000 shares in Sangani Hospitals IPO.

 Innovatus Entertainment Networks IPOSangani Hospitals IPO
Anchor Investor Reserveration
Market Maker Reserveration78,000 shares1,92,000 shares
QIB3,60,000 shares
NII7,35,000 shares16,20,000 shares
RII7,35,000 shares16,20,000 shares
Employee
Others
Total14,70,000 shares36,00,000 shares

Bids Received (Subscription)

Innovatus Entertainment Networks IPO subscribed 105.21x in total, whereas Sangani Hospitals IPO subscribed 4.54x.

 Innovatus Entertainment Networks IPOSangani Hospitals IPO
QIB (times)11.42x
NII (times)56.58x1.38x
Big NII (times)
Small NII (times)
RII (times)150.50x6.17x
Employee (times)
Other (times)
Total (times)105.21x4.54x