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Medicamen Organics IPO vs Sylvan Plyboard IPO

Comparison between Medicamen Organics IPO and Sylvan Plyboard IPO.

IPO Details

Medicamen Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sylvan Plyboard IPO is a SME Fixed Price proposed to list at NSE SME.

 Medicamen Organics IPOSylvan Plyboard IPO
LogoMedicamen Organics IPO LogoSylvan Plyboard IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor 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 Sylvan Plyboard IPO is up to ₹26.64 Cr. The final issue price of Medicamen Organics IPO is ₹34.00 per share and of Sylvan Plyboard IPO is ₹55.00 per share.

 Medicamen Organics IPOSylvan Plyboard IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹32.00 per share
Issue Price (Upper)₹34.00 per share
Issue Price (Final)₹34.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares2000 shares
Fresh Issue Size29,28,000 shares48,44,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹26.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,28,000 shares48,44,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹26.64 Cr

IPO Timetable

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

 Medicamen Organics IPOSylvan Plyboard IPO
Anchor Bid DateJun 20, 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, 2024
Anchor Lockin End date 2Sep 24, 2024

Financials & KPIs

Medicamen Organics IPO P/E ratio is 30.53, as compared to Sylvan Plyboard IPO P/E ratio of 22.25.

 Medicamen Organics IPOSylvan Plyboard 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

Sylvan Plyboard (India) Ltd Financial Information (Restated)

Sylvan Plyboard (India) Ltd's revenue increased by 15.17% and profit after tax (PAT) rose by 15.57% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets21,726.7420,398.4718,142.3216,550.83
Total Income16,193.2419,915.3217,292.6311,028.91
Profit After Tax447.98352.85305.3137.09
Net Worth9,456.778,811.788,283.267,977.95
Reserves and Surplus8,029.287,882.147,374.057,068.74
Total Borrowing6,454.535,500.554,579.244,701.16
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)81.2199.80
Promoter Shareholding (Post-Issue)71.23
P/E Ratio30.5322.25
Market Cap₹39.78 Cr.₹106.56 Cr.
ROE19.90%4.90%
ROCE14.50%7.56%
Debt/Equity0.830.68
EPS₹1.11₹2.47
RoNW15.834.74%

Shares Offered

In the Medicamen Organics IPO Retail Individual Investors (RII) are offered 10,28,000 shares while in Sylvan Plyboard IPO retail investors are offered 10,28,000 shares. Qualified Institutional Buyers (QIB) are offered 5,84,000 shares in Medicamen Organics IPO and in Sylvan Plyboard IPO.

 Medicamen Organics IPOSylvan Plyboard IPO
Anchor Investor Reserveration8,76,000 shares
Market Maker Reserveration1,72,000 shares2,56,000 shares
QIB5,84,000 shares
NII4,40,000 shares24,22,000 shares
RII10,28,000 shares24,22,000 shares
Employee
Others
Total29,28,000 shares48,44,000 shares

Bids Received (Subscription)

Medicamen Organics IPO subscribed 993.56x in total, whereas Sylvan Plyboard IPO subscribed 84.03x.

 Medicamen Organics IPOSylvan Plyboard IPO
QIB (times)173.03x
NII (times)1,343.83x75.42x
Big NII (times)
Small NII (times)
RII (times)1,309.77x84.11x
Employee (times)
Other (times)
Total (times)993.56x84.03x