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Medico Remedies IPO vs Vasa Retail IPO

Comparison between Medico Remedies IPO and Vasa Retail IPO.

IPO Details

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

 Medico Remedies IPOVasa Retail IPO
LogoMedico Remedies IPO LogoVasa Retail IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
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 Vasa Retail IPO is up to ₹4.54 Cr. The final issue price of Medico Remedies IPO is ₹100.00 per share and of Vasa Retail IPO is ₹30.00 per share.

 Medico Remedies IPOVasa Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹100.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares4000 shares
Fresh Issue Size8,91,600 shares15,12,000 shares
Fresh Issue Size (Amount)up to ₹8.92 Crup to ₹4.54 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 shares15,12,000 shares
Issue Size Total (Amount)up to ₹10.42 Crup to ₹4.54 Cr

IPO Timetable

Medico Remedies IPO opens on Jan 29, 2018, while Vasa Retail IPO opens on Jan 24, 2018. The closing date of Medico Remedies IPO and Vasa Retail IPO is Jan 31, 2018, and Jan 29, 2018, respectively.

 Medico Remedies IPOVasa Retail IPO
Issue OpenJan 29, 2018Jan 24, 2018
Issue CloseJan 31, 2018Jan 29, 2018
Basis Of Allotment (Tentative)Feb 05, 2018Feb 02, 2018
Listing date (Tentative)Feb 08, 2018Feb 06, 2018

Financials & KPIs

Medico Remedies IPO P/E ratio is , as compared to Vasa Retail IPO P/E ratio of .

 Medico Remedies IPOVasa Retail 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)

Period Ended20 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets24.6114.2712.898.44
Total Income17.9223.8521.8618.82
Profit After Tax0.860.92-0.15-0.11
NET Worth3.732.051.341.02
Total Borrowing8.585.444.913.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.78%95.45%
Promoter Shareholding (Post-Issue)73.34%69.96%
Market Cap₹41.49 Cr.₹17.98 Cr.

Shares Offered

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

 Medico Remedies IPOVasa Retail IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation57,600 shares88,000 shares
QIB0 shares0 shares
NII5,20,800 shares7,56,000 shares
RII5,20,800 shares7,56,000 shares
Employee0 shares0 shares
Total10,41,600 shares15,12,000 shares

Bids Received (Subscription)

Medico Remedies IPO subscribed 1.84x in total, whereas Vasa Retail IPO subscribed 217.70x.

 Medico Remedies IPOVasa Retail IPO
NII (times)1.16x175.44x
RII (times)2.52x259.96x
Total (times)1.84x217.70x

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Compare:

Medico Remedies IPO Vs Vasa Retail IPO