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Medicamen Organics IPO vs Shivalic Power Control IPO

Comparison between Medicamen Organics IPO and Shivalic Power Control IPO.

IPO Details

Medicamen Organics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shivalic Power Control IPO is a SME Bookbuilding proposed to list at NSE SME.

 Medicamen Organics IPOShivalic Power Control IPO
LogoMedicamen Organics IPO LogoShivalic Power Control IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Corporate Capitalventures Pvt.Ltd.
RegistrarKfin Technologies Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.SS Corporate Securities 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 Medicamen Organics IPO is up to ₹9.96 Cr whereas the issue size of the Shivalic Power Control IPO is up to ₹60.96 Cr. The final issue price of Medicamen Organics IPO is ₹34.00 per share and of Shivalic Power Control IPO is ₹100.00 per share.

 Medicamen Organics IPOShivalic Power Control IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹32.00 per share₹95.00 per share
Issue Price (Upper)₹34.00 per share₹100.00 per share
Issue Price (Final)₹34.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1200 shares
Fresh Issue Size29,28,000 shares60,96,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹60.96 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,28,000 shares60,96,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹60.96 Cr

IPO Timetable

Medicamen Organics IPO opens on Jun 21, 2024, while Shivalic Power Control IPO opens on Jun 24, 2024. The closing date of Medicamen Organics IPO and Shivalic Power Control IPO is Jun 25, 2024, and Jun 26, 2024, respectively.

 Medicamen Organics IPOShivalic Power Control IPO
Anchor Bid DateJun 20, 2024Jun 21, 2024
Issue OpenJun 21, 2024Jun 24, 2024
Issue CloseJun 25, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jun 26, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jun 27, 2024Jun 28, 2024
Credit of Share (Tentative)Jun 27, 2024Jun 28, 2024
Listing date (Tentative)Jun 28, 2024Jul 01, 2024
Anchor Lockin End date 1Jul 26, 2024Jul 27, 2024
Anchor Lockin End date 2Sep 24, 2024Sep 25, 2024

Financials & KPIs

Medicamen Organics IPO P/E ratio is 30.53, as compared to Shivalic Power Control IPO P/E ratio of 24.69.

 Medicamen Organics IPOShivalic Power Control IPO
Financials

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

Shivalic Power Control Limited Financial Information (Restated)

Shivalic Power Control Limited's revenue increased by 44.03% and profit after tax (PAT) rose by 309.78% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets7,814.355,827.006,097.564,869.44
Total Income6,379.168,269.395,741.445,238.00
Profit After Tax760.11716.26174.7967.28
Net Worth3,063.442,303.331,587.071,412.28
Reserves and Surplus3,110.222,350.111,633.851,459.05
Total Borrowing3,328.94899.922,722.652,393.66
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)81.2196.63
Promoter Shareholding (Post-Issue)70.86
P/E Ratio30.5324.69
Market Cap₹39.78 Cr.₹241.16 Cr.
ROE19.90%28.33%
ROCE14.50%19.20%
Debt/Equity0.831.09
EPS₹1.11₹4.05
RoNW15.8328.33%

Shares Offered

In the Medicamen Organics IPO Retail Individual Investors (RII) are offered 10,28,000 shares while in Shivalic Power Control IPO retail investors are offered 10,28,000 shares. Qualified Institutional Buyers (QIB) are offered 5,84,000 shares in Medicamen Organics IPO and 12,19,200 shares in Shivalic Power Control IPO.

 Medicamen Organics IPOShivalic Power Control IPO
Anchor Investor Reserveration8,76,000 shares18,28,800 shares
Market Maker Reserveration1,72,000 shares3,36,000 shares
QIB5,84,000 shares12,19,200 shares
NII4,40,000 shares9,14,400 shares
RII10,28,000 shares21,33,600 shares
Employee
Others
Total29,28,000 shares60,96,000 shares

Bids Received (Subscription)

Medicamen Organics IPO subscribed 993.56x in total, whereas Shivalic Power Control IPO subscribed 257.24x.

 Medicamen Organics IPOShivalic Power Control IPO
QIB (times)173.03x170.32x
NII (times)1,343.83x436.37x
Big NII (times)
Small NII (times)
RII (times)1,309.77x230.14x
Employee (times)
Other (times)
Total (times)993.56x257.24x