Medico Remedies IPO vs Mohini Health IPO

Comparison between Medico Remedies IPO and Mohini Health IPO.

IPO Details

Medico Remedies IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mohini Health IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Medico Remedies IPO is up to ₹10.42 Cr whereas the issue size of the Mohini Health IPO is up to ₹19.67 Cr. The final issue price of Medico Remedies IPO is ₹100.00 per share and of Mohini Health IPO is ₹42.00 per share.

 Medico Remedies IPOMohini Health IPO
Face Value₹10 per share₹10 per share
Issue Price (Upper)₹42.00 per share
Issue Price (Final)₹100.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size8,91,600 shares46,83,000 shares
Fresh Issue Size (Amount)up to ₹8.92 Crup to ₹19.67 Cr
OFS Issue Size1,50,000 shares0 shares
OFS Issue Size (Amount)up to ₹1.50 Crup to ₹0.00 Cr
Issue Size Total10,41,600 shares46,83,000 shares
Issue Size Total (Amount)up to ₹10.42 Crup to ₹19.67 Cr

IPO Timetable

Medico Remedies IPO opens on Jan 29, 2018, while Mohini Health IPO opens on Feb 05, 2018. The closing date of Medico Remedies IPO and Mohini Health IPO is Jan 31, 2018, and Feb 07, 2018, respectively.

 Medico Remedies IPOMohini Health IPO
Issue OpenJan 29, 2018Feb 05, 2018
Issue CloseJan 31, 2018Feb 07, 2018
Basis Of Allotment (Tentative)Feb 05, 2018Feb 12, 2018
Initiation of Refunds (Tentative)Feb 14, 2018
Credit of Share (Tentative)Feb 15, 2018
Listing date (Tentative)Feb 08, 2018Feb 16, 2018

Financials & KPIs

Medico Remedies IPO P/E ratio is , as compared to Mohini Health IPO P/E ratio of .

 Medico Remedies IPOMohini Health IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets48.5948.2545.5435.74
Total Income29.7654.7866.9251.10
Profit After Tax0.401.631.130.79
NET Worth16.7716.3714.7413.61
Reserves and Surplus13.5713.1713.1412.01
Total Borrowing18.4218.5013.807.89
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets115.81106.5487.4384.29
Total Income85.17137.73123.0991.04
Profit After Tax3.643.393.811.93
NET Worth28.1724.5318.1414.34
Reserves and Surplus25.2121.5715.6111.81
Total Borrowing55.3360.2555.7552.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.78%84.40%
Promoter Shareholding (Post-Issue)73.34%61.57%
Market Cap₹41.49 Cr.₹76.59 Cr.

Shares Offered

In the Medico Remedies IPO Retail Individual Investors (RII) are offered 5,20,800 shares while in Mohini Health IPO retail investors are offered 5,20,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Medico Remedies IPO and 23,31,000 shares in Mohini Health IPO.

 Medico Remedies IPOMohini Health IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation57,600 shares2,49,000 shares
QIB0 shares23,31,000 shares
NII5,20,800 shares7,05,000 shares
RII5,20,800 shares16,47,000 shares
Employee0 shares0 shares
Total10,41,600 shares46,83,000 shares

Bids Received (Subscription)

Medico Remedies IPO subscribed 1.84x in total, whereas Mohini Health IPO subscribed 22.30x.

 Medico Remedies IPOMohini Health IPO
QIB (times)5.93x
NII (times)1.16x98.42x
RII (times)2.52x12.87x
Total (times)1.84x22.30x

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Medico Remedies IPO Vs Mohini Health IPO