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Medico Remedies IPO vs Solex Energy IPO

Comparison between Medico Remedies IPO and Solex Energy IPO.

IPO Details

Medico Remedies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solex Energy IPO is a SME Fixed Price proposed to list at NSE SME.

 Medico Remedies IPOSolex Energy IPO
LogoMedico Remedies IPO LogoSolex Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Swastika Investmart Ltd.
RegistrarCameo Corporate Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Medico Remedies IPO is up to ₹10.42 Cr whereas the issue size of the Solex Energy IPO is up to ₹6.80 Cr. The final issue price of Medico Remedies IPO is ₹100.00 per share and of Solex Energy IPO is ₹52.00 per share.

 Medico Remedies IPOSolex Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹100.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size8,91,600 shares13,08,000 shares
Fresh Issue Size (Amount)up to ₹8.92 Crup to ₹6.80 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 shares13,08,000 shares
Issue Size Total (Amount)up to ₹10.42 Crup to ₹6.80 Cr

IPO Timetable

Medico Remedies IPO opens on Jan 29, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of Medico Remedies IPO and Solex Energy IPO is Jan 31, 2018, and Jan 25, 2018, respectively.

 Medico Remedies IPOSolex Energy IPO
Anchor Bid Date
Issue OpenJan 29, 2018Jan 22, 2018
Issue CloseJan 31, 2018Jan 25, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Feb 08, 2018Feb 05, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Medico Remedies IPO P/E ratio is , as compared to Solex Energy IPO P/E ratio of .

 Medico Remedies IPOSolex Energy IPO
Financials
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Medico Remedies IPO Retail Individual Investors (RII) are offered 5,20,800 shares while in Solex Energy IPO retail investors are offered 5,20,800 shares. Qualified Institutional Buyers (QIB) are offered in Medico Remedies IPO and in Solex Energy IPO.

 Medico Remedies IPOSolex Energy IPO
Anchor Investor Reserveration
Market Maker Reserveration57,600 shares72,000 shares
QIB
NII5,20,800 shares6,54,000 shares
RII5,20,800 shares6,54,000 shares
Employee
Others
Total10,41,600 shares13,08,000 shares

Bids Received (Subscription)

Medico Remedies IPO subscribed 1.84x in total, whereas Solex Energy IPO subscribed 20.21x.

 Medico Remedies IPOSolex Energy IPO
QIB (times)
NII (times)1.16x15.40x
Big NII (times)
Small NII (times)
RII (times)2.52x24.91x
Employee (times)
Other (times)
Total (times)1.84x20.21x