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Medistep Healthcare IPO vs Sundrex Oil IPO

Comparison between Medistep Healthcare IPO and Sundrex Oil IPO.

IPO Details

Medistep Healthcare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sundrex Oil IPO is a SME Bookbuilding proposed to list at NSE SME.

 Medistep Healthcare IPOSundrex Oil IPO
LogoMedistep Healthcare IPO LogoSundrex Oil IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Affinity Global Capital Market Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerNirman Share Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Medistep Healthcare IPO is up to ₹15.29 Cr whereas the issue size of the Sundrex Oil IPO is up to ₹0.00 Cr. The final issue price of Medistep Healthcare IPO is ₹43.00 per share and of Sundrex Oil IPO is .

 Medistep Healthcare IPOSundrex Oil IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹43.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size3000 shares
Fresh Issue Size35,55,000 shares37,50,400 shares
Fresh Issue Size (Amount)up to ₹15.29 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,55,000 shares37,50,400 shares
Issue Size Total (Amount)up to ₹15.29 Crup to ₹0.00 Cr

IPO Timetable

Medistep Healthcare IPO opens on Aug 08, 2025, while Sundrex Oil IPO opens on . The closing date of Medistep Healthcare IPO and Sundrex Oil IPO is Aug 12, 2025, and , respectively.

 Medistep Healthcare IPOSundrex Oil IPO
Anchor Bid Date
Issue OpenAug 08, 2025
Issue CloseAug 12, 2025
Basis Of Allotment (Tentative)Aug 13, 2025
Initiation of Refunds (Tentative)Aug 14, 2025
Credit of Share (Tentative)Aug 14, 2025
Listing date (Tentative)Aug 18, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Medistep Healthcare IPO P/E ratio is 10.86, as compared to Sundrex Oil IPO P/E ratio of .

 Medistep Healthcare IPOSundrex Oil IPO
FinancialsEBITDA

Sundrex Oil Company Limited Financial Information (Restated)

Sundrex Oil Company Limited's revenue increased by 41% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets38.4324.1514,93,300.00
Total Income69.1249.1927.79
Profit After Tax5.452.570.40
Net Worth15.283.961.39
Reserves and Surplus5.632.790.41
Total Borrowing17.3813.639.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.62100.00
Promoter Shareholding (Post-Issue)68.96
P/E Ratio10.86
Market Cap₹61.10 Cr.
ROE29.06%35.63%
ROCE38.91%27.13%
Debt/Equity1.13
EPS₹3.96
RoNW29.06%35.63%

Shares Offered

In the Medistep Healthcare IPO Retail Individual Investors (RII) are offered 17,79,000 shares while in Sundrex Oil IPO retail investors are offered 17,79,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Medistep Healthcare IPO and in Sundrex Oil IPO.

 Medistep Healthcare IPOSundrex Oil IPO
Anchor Investor Reserveration
Market Maker Reserveration1,89,000 shares
QIB0 shares
NII17,76,000 shares
RII17,79,000 shares
Employee0 shares
Others
Total35,55,000 shares

Bids Received (Subscription)

Medistep Healthcare IPO subscribed 382.14x in total, whereas Sundrex Oil IPO subscribed .

 Medistep Healthcare IPOSundrex Oil IPO
QIB (times)
NII (times)289.15x
Big NII (times)
Small NII (times)
RII (times)461.11x
Employee (times)
Other (times)
Total (times)382.14x