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Insolation Energy IPO vs QMS Medical IPO

Comparison between Insolation Energy IPO and QMS Medical IPO.

IPO Details

Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while QMS Medical IPO is a SME Fixed Price proposed to list at NSE SME.

 Insolation Energy IPOQMS Medical IPO
LogoInsolation Energy IPO LogoQMS Medical IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersHolani Consultants Pvt.Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHolani Consultants 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 Insolation Energy IPO is up to ₹21.04 Cr whereas the issue size of the QMS Medical IPO is up to ₹54.01 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of QMS Medical IPO is ₹121.00 per share.

 Insolation Energy IPOQMS Medical IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹38.00 per share
Issue Price (Final)₹38.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1000 shares
Fresh Issue Size55,38,000 shares25,64,000 shares
Fresh Issue Size (Amount)up to ₹21.04 Crup to ₹31.02 Cr
OFS Issue Size0 shares19,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹22.99 Cr
Issue Size Total55,38,000 shares44,64,000 shares
Issue Size Total (Amount)up to ₹21.04 Crup to ₹54.01 Cr

IPO Timetable

Insolation Energy IPO opens on Sep 26, 2022, while QMS Medical IPO opens on Sep 27, 2022. The closing date of Insolation Energy IPO and QMS Medical IPO is Sep 29, 2022, and Sep 30, 2022, respectively.

 Insolation Energy IPOQMS Medical IPO
Anchor Bid Date
Issue OpenSep 26, 2022Sep 27, 2022
Issue CloseSep 29, 2022Sep 30, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Oct 06, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 07, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 10, 2022
Listing date (Tentative)Oct 10, 2022Oct 11, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Insolation Energy IPO P/E ratio is 11.41, as compared to QMS Medical IPO P/E ratio of 20.1.

 Insolation Energy IPOQMS Medical IPO
Financials
Insolation Energy Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxReserves and Surplus
31-Mar-202642.448879.37309.25580.05
31-Mar-215045.0416272.92689.721269.77
31-Mar-226668.0321539.13692.2711.97
Amount in ₹ Lakhs
QMS Medical Allied Services Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2033487277.81635.35940.58639.58
31-Mar-216037.43122091091.752032.331656.08
31-Mar-228266.5314774.771070.643102.972726.72
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97100
Promoter Shareholding (Post-Issue)73.67
P/E Ratio11.4120.1
Market Cap₹79.16 Cr.₹215.99 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in QMS Medical IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in QMS Medical IPO.

 Insolation Energy IPOQMS Medical IPO
Anchor Investor Reserveration
Market Maker Reserveration2,94,000 shares2,36,000 shares
QIB
NII27,69,000 shares22,32,000 shares
RII27,69,000 shares22,32,000 shares
Employee
Others
Total55,38,000 shares44,64,000 shares

Bids Received (Subscription)

Insolation Energy IPO subscribed 192.79x in total, whereas QMS Medical IPO subscribed 0.88x.

 Insolation Energy IPOQMS Medical IPO
QIB (times)
NII (times)150.02x1.25x
Big NII (times)
Small NII (times)
RII (times)235.55x0.51x
Employee (times)
Other (times)
Total (times)192.79x0.88x