Comparison between Inox India IPO and Medi Assist Healthcare IPO.
Inox India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Medi Assist Healthcare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Inox India IPO is up to ₹1,459.32 Cr whereas the issue size of the Medi Assist Healthcare IPO is up to ₹1,171.58 Cr. The final issue price of Inox India IPO is ₹660.00 per share and of Medi Assist Healthcare IPO is ₹418.00 per share.
| Inox India IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹627.00 per share | ₹397.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹418.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹418.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 22 shares | 35 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,21,10,955 shares | 2,80,28,168 shares |
| OFS Issue Size (Amount) | up to ₹1,459.32 Cr | up to ₹1,171.58 Cr |
| Issue Size Total | 2,21,10,955 shares | 2,80,28,168 shares |
| Issue Size Total (Amount) | up to ₹1,459.32 Cr | up to ₹1,171.58 Cr |
Inox India IPO opens on Dec 14, 2023, while Medi Assist Healthcare IPO opens on Jan 15, 2024. The closing date of Inox India IPO and Medi Assist Healthcare IPO is Dec 18, 2023, and Jan 17, 2024, respectively.
| Inox India IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Bid Date | Dec 13, 2023 | Jan 12, 2024 |
| Issue Open | Dec 14, 2023 | Jan 15, 2024 |
| Issue Close | Dec 18, 2023 | Jan 17, 2024 |
| Basis Of Allotment (Tentative) | Dec 19, 2023 | Jan 18, 2024 |
| Initiation of Refunds (Tentative) | Dec 20, 2023 | Jan 19, 2024 |
| Credit of Share (Tentative) | Dec 20, 2023 | Jan 19, 2024 |
| Listing date (Tentative) | Dec 21, 2023 | Jan 23, 2024 |
| Anchor Lockin End date 1 | Jan 18, 2024 | Feb 17, 2024 |
| Anchor Lockin End date 2 | Mar 18, 2024 | Apr 17, 2024 |
Inox India IPO P/E ratio is 39.22, as compared to Medi Assist Healthcare IPO P/E ratio of 38.22.
| Inox India IPO | Medi Assist Healthcare IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.30 | 67.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.46 | 45.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 39.22 | 38.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5990.39 Cr. | ₹2878.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.53% | 24.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.83 | ₹10.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.79% | 19.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Inox India IPO Retail Individual Investors (RII) are offered 77,38,835 shares while in Medi Assist Healthcare IPO retail investors are offered 77,38,835 shares. Qualified Institutional Buyers (QIB) are offered 44,22,191 shares in Inox India IPO and 56,05,634 shares in Medi Assist Healthcare IPO.
| Inox India IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 66,33,285 shares | 84,08,449 shares |
| Market Maker Reservation | ||
| QIB | 44,22,191 shares | 56,05,634 shares |
| NII | 33,16,644 shares | 42,04,226 shares |
| RII | 77,38,835 shares | 98,09,859 shares |
| Employee | ||
| Others | ||
| Total | 2,21,10,955 shares | 2,80,28,168 shares |
Inox India IPO subscribed 61.28x in total, whereas Medi Assist Healthcare IPO subscribed 16.25x.
| Inox India IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| QIB (times) | 147.80x | 40.14x |
| NII (times) | 53.20x | 14.85x |
| Big NII (times) | 56.55x | 17.22x |
| Small NII (times) | 46.52x | 10.12x |
| RII (times) | 15.30x | 3.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 61.28x | 16.25x |