Jyoti CNC Automation IPO vs Medi Assist Healthcare IPO

Comparison between Jyoti CNC Automation IPO and Medi Assist Healthcare IPO.

IPO Details

Jyoti CNC Automation 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.

Issue Size and Price

The total issue size of Jyoti CNC Automation IPO is up to ₹1,000.00 Cr whereas the issue size of the Medi Assist Healthcare IPO is up to ₹1,171.58 Cr. The final issue price of Jyoti CNC Automation IPO is ₹331.00 per share and of Medi Assist Healthcare IPO is ₹418.00 per share.

 Jyoti CNC Automation IPOMedi Assist Healthcare IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹315.00 per share₹397.00 per share
Issue Price (Upper)₹331.00 per share₹418.00 per share
Issue Price (Final)₹331.00 per share₹418.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size45 shares35 shares
Fresh Issue Size3,02,18,649 shares0 shares
Fresh Issue Size (Amount)up to ₹1,000.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares2,80,28,168 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1,171.58 Cr
Issue Size Total3,02,18,649 shares2,80,28,168 shares
Issue Size Total (Amount)up to ₹1,000.00 Crup to ₹1,171.58 Cr

IPO Timetable

Jyoti CNC Automation IPO opens on Jan 09, 2024, while Medi Assist Healthcare IPO opens on Jan 15, 2024. The closing date of Jyoti CNC Automation IPO and Medi Assist Healthcare IPO is Jan 11, 2024, and Jan 17, 2024, respectively.

 Jyoti CNC Automation IPOMedi Assist Healthcare IPO
Anchor Bid DateJan 08, 2024Jan 12, 2024
Issue OpenJan 09, 2024Jan 15, 2024
Issue CloseJan 11, 2024Jan 17, 2024
Basis Of Allotment (Tentative)Jan 12, 2024Jan 18, 2024
Initiation of Refunds (Tentative)Jan 15, 2024Jan 19, 2024
Credit of Share (Tentative)Jan 15, 2024Jan 19, 2024
Listing date (Tentative)Jan 16, 2024Jan 23, 2024
Anchor Lockin End date 1Feb 11, 2024Feb 17, 2024
Anchor Lockin End date 2Apr 11, 2024Apr 17, 2024

Financials & KPIs

Jyoti CNC Automation IPO P/E ratio is 433.43, as compared to Medi Assist Healthcare IPO P/E ratio of 38.22.

 Jyoti CNC Automation IPOMedi Assist Healthcare IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,706.071,515.381,286.241,388.19
Total Income510.53952.60750.06590.09
Profit After Tax3.3515.06-48.30-70.03
NET Worth205.6336.23-29.6818.67
Reserves and Surplus213.3349.1411.6783.11
Total Borrowing821.40834.97792.16725.12
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets802.62705.72602.23545.30
Total Income312.03518.96412.02345.57
Profit After Tax45.2675.3163.4738.01
NET Worth416.64383.67339.29292.55
Reserves and Surplus102.03353.86308.63295.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.6667.55
Promoter Shareholding (Post-Issue)62.645.75
P/E Ratio433.4338.22
Market Cap₹7527.47 Cr.₹2878.32 Cr.
ROE18.35%
ROCE9.50%24.95%
Debt/Equity10.17
EPS₹0.76₹10.94
RoNW18.35%19.63

Shares Offered

In the Jyoti CNC Automation IPO Retail Individual Investors (RII) are offered 30,06,042 shares while in Medi Assist Healthcare IPO retail investors are offered 30,06,042 shares. Qualified Institutional Buyers (QIB) are offered 90,18,127 shares in Jyoti CNC Automation IPO and 56,05,634 shares in Medi Assist Healthcare IPO.

 Jyoti CNC Automation IPOMedi Assist Healthcare IPO
Anchor Investor Reservation1,35,27,190 shares84,08,449 shares
Market Maker Reservation
QIB90,18,127 shares56,05,634 shares
NII45,09,063 shares42,04,226 shares
RII30,06,042 shares98,09,859 shares
Employee1,58,227 shares
Others
Total3,02,18,649 shares2,80,28,168 shares

Bids Received (Subscription)

Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Medi Assist Healthcare IPO subscribed 16.25x.

 Jyoti CNC Automation IPOMedi Assist Healthcare IPO
QIB (times)46.37x40.14x
NII (times)38.33x14.85x
Big NII (times)42.77x17.22x
Small NII (times)29.47x10.12x
RII (times)27.50x3.19x
Employee (times)13.14x
Other (times)
Total (times)40.49x16.25x

Compare with others

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Jyoti CNC Automation IPO Vs Medi Assist Healthcare IPO