Arvind & Co.Shipping IPO vs Maitreya Medicare IPO

Comparison between Arvind & Co.Shipping IPO and Maitreya Medicare IPO.

IPO Details

Arvind & Co.Shipping IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Maitreya Medicare IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Maitreya Medicare IPO is up to ₹14.00 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Maitreya Medicare IPO is ₹82.00 per share.

 Arvind & Co.Shipping IPOMaitreya Medicare IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹78.00 per share
Issue Price (Upper)₹82.00 per share
Issue Price (Final)₹45.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size31,08,000 shares17,07,200 shares
Fresh Issue Size (Amount)up to ₹13.99 Crup to ₹14.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,08,000 shares17,07,200 shares
Issue Size Total (Amount)up to ₹13.99 Crup to ₹14.00 Cr

IPO Timetable

Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Maitreya Medicare IPO opens on Oct 27, 2023. The closing date of Arvind & Co.Shipping IPO and Maitreya Medicare IPO is Oct 16, 2023, and Nov 01, 2023, respectively.

 Arvind & Co.Shipping IPOMaitreya Medicare IPO
Anchor Bid DateOct 26, 2023
Issue OpenOct 12, 2023Oct 27, 2023
Issue CloseOct 16, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Oct 19, 2023Nov 06, 2023
Initiation of Refunds (Tentative)Oct 20, 2023Nov 07, 2023
Credit of Share (Tentative)Oct 23, 2023Nov 07, 2023
Listing date (Tentative)Oct 25, 2023Nov 07, 2023
Anchor Lockin End date 1Dec 06, 2023
Anchor Lockin End date 2Feb 04, 2024

Financials & KPIs

Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Maitreya Medicare IPO P/E ratio of 10.34.

 Arvind & Co.Shipping IPOMaitreya Medicare IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets33.8118.615.78
Total Income8.413.310.53
Profit After Tax3.471.000.24
NET Worth9.145.674.68
Reserves and Surplus9.135.664.67
Total Borrowing22.3212.211.06
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets31.2227.5024.4925.27
Total Income24.8539.9549.7457.04
Profit After Tax2.544.231.144.24
NET Worth11.188.644.713.86
Total Borrowing5.205.857.509.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)7373.20
P/E Ratio9.7410.34
Market Cap₹54.62 Cr.₹55.56 Cr.
ROE46.88%50.15%
ROCE37.44%42.71%
Debt/Equity2.44
EPS₹4.62₹7.93
RoNW46.88%45.49%

Shares Offered

In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Maitreya Medicare IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and 3,29,600 shares in Maitreya Medicare IPO.

 Arvind & Co.Shipping IPOMaitreya Medicare IPO
Anchor Investor Reservation4,94,400 shares
Market Maker Reservation1,68,000 shares1,08,800 shares
QIB3,29,600 shares
NII15,54,000 shares2,72,000 shares
RII15,54,000 shares6,11,200 shares
Employee
Others
Total31,08,000 shares17,07,200 shares

Bids Received (Subscription)

Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas Maitreya Medicare IPO subscribed 446.79x.

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