Comparison between Innova Captab IPO and Medi Assist Healthcare IPO.
Innova Captab 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 Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the Medi Assist Healthcare IPO is up to ₹1,171.58 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Medi Assist Healthcare IPO is ₹418.00 per share.
| Innova Captab IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹426.00 per share | ₹397.00 per share |
| Issue Price (Upper) | ₹448.00 per share | ₹418.00 per share |
| Issue Price (Final) | ₹448.00 per share | ₹418.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 33 shares | 35 shares |
| Fresh Issue Size | 71,42,857 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 55,80,357 shares | 2,80,28,168 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹1,171.58 Cr |
| Issue Size Total | 1,27,23,214 shares | 2,80,28,168 shares |
| Issue Size Total (Amount) | up to ₹570.00 Cr | up to ₹1,171.58 Cr |
Innova Captab IPO opens on Dec 21, 2023, while Medi Assist Healthcare IPO opens on Jan 15, 2024. The closing date of Innova Captab IPO and Medi Assist Healthcare IPO is Dec 26, 2023, and Jan 17, 2024, respectively.
| Innova Captab IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Bid Date | Dec 20, 2023 | Jan 12, 2024 |
| Issue Open | Dec 21, 2023 | Jan 15, 2024 |
| Issue Close | Dec 26, 2023 | Jan 17, 2024 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Jan 18, 2024 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Jan 19, 2024 |
| Credit of Share (Tentative) | Dec 28, 2023 | Jan 19, 2024 |
| Listing date (Tentative) | Dec 29, 2023 | Jan 23, 2024 |
| Anchor Lockin End date 1 | Jan 26, 2024 | Feb 17, 2024 |
| Anchor Lockin End date 2 | Mar 26, 2024 | Apr 17, 2024 |
Innova Captab IPO P/E ratio is 31.64, as compared to Medi Assist Healthcare IPO P/E ratio of 38.22.
| Innova Captab IPO | Medi Assist Healthcare IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.85 | 67.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.64 | 38.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2563.70 Cr. | ₹2878.32 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.61% | 24.95% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.16 | ₹10.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.58% | 19.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innova Captab IPO Retail Individual Investors (RII) are offered 44,53,125 shares while in Medi Assist Healthcare IPO retail investors are offered 44,53,125 shares. Qualified Institutional Buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 56,05,634 shares in Medi Assist Healthcare IPO.
| Innova Captab IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 38,16,963 shares | 84,08,449 shares |
| Market Maker Reservation | ||
| QIB | 25,44,643 shares | 56,05,634 shares |
| NII | 19,08,483 shares | 42,04,226 shares |
| RII | 44,53,125 shares | 98,09,859 shares |
| Employee | ||
| Others | ||
| Total | 1,27,23,214 shares | 2,80,28,168 shares |
Innova Captab IPO subscribed 55.26x in total, whereas Medi Assist Healthcare IPO subscribed 16.25x.
| Innova Captab IPO | Medi Assist Healthcare IPO | |
|---|---|---|
| QIB (times) | 116.73x | 40.14x |
| NII (times) | 64.95x | 14.85x |
| Big NII (times) | 71.59x | 17.22x |
| Small NII (times) | 51.65x | 10.12x |
| RII (times) | 17.15x | 3.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 55.26x | 16.25x |
