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GEM Enviro Management IPO vs Medicamen Organics IPO

Comparison between GEM Enviro Management IPO and Medicamen Organics IPO.

IPO Details

GEM Enviro Management IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Medicamen Organics IPO is a SME Bookbuilding proposed to list at NSE SME.

 GEM Enviro Management IPOMedicamen Organics IPO
LogoGEM Enviro Management IPO LogoMedicamen Organics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFintellectual Corporate Advisors Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerShare India Securities Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GEM Enviro Management IPO is up to ₹42.36 Cr whereas the issue size of the Medicamen Organics IPO is up to ₹9.96 Cr. The final issue price of GEM Enviro Management IPO is ₹75.00 per share and of Medicamen Organics IPO is ₹34.00 per share.

 GEM Enviro Management IPOMedicamen Organics IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹32.00 per share
Issue Price (Upper)₹75.00 per share₹34.00 per share
Issue Price (Final)₹75.00 per share₹34.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares4000 shares
Fresh Issue Size11,55,200 shares29,28,000 shares
Fresh Issue Size (Amount)up to ₹8.66 Crup to ₹9.96 Cr
OFS Issue Size44,92,800 shares0 shares
OFS Issue Size (Amount)up to ₹33.70 Crup to ₹0.00 Cr
Issue Size Total56,48,000 shares29,28,000 shares
Issue Size Total (Amount)up to ₹42.36 Crup to ₹9.96 Cr

IPO Timetable

GEM Enviro Management IPO opens on Jun 19, 2024, while Medicamen Organics IPO opens on Jun 21, 2024. The closing date of GEM Enviro Management IPO and Medicamen Organics IPO is Jun 21, 2024, and Jun 25, 2024, respectively.

 GEM Enviro Management IPOMedicamen Organics IPO
Anchor Bid DateJun 18, 2024Jun 20, 2024
Issue OpenJun 19, 2024Jun 21, 2024
Issue CloseJun 21, 2024Jun 25, 2024
Basis Of Allotment (Tentative)Jun 24, 2024Jun 26, 2024
Initiation of Refunds (Tentative)Jun 25, 2024Jun 27, 2024
Credit of Share (Tentative)Jun 25, 2024Jun 27, 2024
Listing date (Tentative)Jun 26, 2024Jun 28, 2024
Anchor Lockin End date 1Jul 24, 2024Jul 26, 2024
Anchor Lockin End date 2Sep 22, 2024Sep 24, 2024

Financials & KPIs

GEM Enviro Management IPO P/E ratio is 15.76, as compared to Medicamen Organics IPO P/E ratio of 30.53.

 GEM Enviro Management IPOMedicamen Organics IPO
Financials

GEM Enviro Management Limited Financial Information (Restated)

GEM Enviro Management Limited's revenue increased by 30.05% and profit after tax (PAT) rose by 34.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,994.753,574.932,684.521,895.51
Total Income2,639.114,280.573,291.482,560.58
Profit After Tax840.421,001.82745.23583.38
Net Worth3,103.322,411.511,713.571,015.14
Reserves and Surplus2,050.682,380.551,677.57979.14
Total Borrowing2.002.00
Amount in ₹ Lakhs

Medicamen Organics Limited Financial Information (Restated)

Medicamen Organics Limited's revenue increased by 10.13% and profit after tax (PAT) rose by 151% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets3,858.073,211.982,707.212,634.37
Total Income2,528.962,296.242,118.672,505.96
Profit After Tax240.4195.789.2329.81
Net Worth1,518.40851.71755.92746.72
Reserves and Surplus658.40251.71155.92146.72
Total Borrowing1,265.651,179.501,024.57958.97
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0081.21
Promoter Shareholding (Post-Issue)73.44
P/E Ratio15.7630.53
Market Cap₹169.13 Cr.₹39.78 Cr.
ROE30.48%19.90%
ROCE36.55%14.50%
Debt/Equity0.83
EPS₹4.76₹1.11
RoNW30.48%15.83

Shares Offered

In the GEM Enviro Management IPO Retail Individual Investors (RII) are offered 19,77,600 shares while in Medicamen Organics IPO retail investors are offered 19,77,600 shares. Qualified Institutional Buyers (QIB) are offered 11,29,600 shares in GEM Enviro Management IPO and 5,84,000 shares in Medicamen Organics IPO.

 GEM Enviro Management IPOMedicamen Organics IPO
Anchor Investor Reserveration16,92,800 shares8,76,000 shares
Market Maker Reserveration3,42,400 shares1,72,000 shares
QIB11,29,600 shares5,84,000 shares
NII8,48,000 shares4,40,000 shares
RII19,77,600 shares10,28,000 shares
Employee
Others
Total56,48,000 shares29,28,000 shares

Bids Received (Subscription)

GEM Enviro Management IPO subscribed 265.13x in total, whereas Medicamen Organics IPO subscribed 993.56x.

 GEM Enviro Management IPOMedicamen Organics IPO
QIB (times)160.22x173.03x
NII (times)462.89x1,343.83x
Big NII (times)
Small NII (times)
RII (times)240.25x1,309.77x
Employee (times)
Other (times)
Total (times)265.13x993.56x