Meson Valves IPO vs Unihealth Consultancy IPO

Comparison between Meson Valves IPO and Unihealth Consultancy IPO.

IPO Details

Meson Valves IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Unihealth Consultancy IPO is a SME Bookbuilding proposed to list at NSE SME.

	Meson Valves IPO	Unihealth Consultancy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	BSE SME	NSE SME
Lead Managers	Shreni Shares Ltd.	Unistone Capital Pvt.Ltd.
Registrar	Maashitla Securities Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Shreni Shares Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Meson Valves IPO is up to ₹29.50 Cr whereas the issue size of the Unihealth Consultancy IPO is up to ₹53.70 Cr. The final issue price of Meson Valves IPO is ₹102.00 per share and of Unihealth Consultancy IPO is ₹132.00 per share.

	Meson Valves IPO	Unihealth Consultancy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹126.00 per share
Issue Price (Upper)		₹132.00 per share
Issue Price (Final)	₹102.00 per share	₹132.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	28,92,000 shares	40,68,000 shares
Fresh Issue Size (Amount)	up to ₹29.50 Cr	up to ₹53.70 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	28,92,000 shares	40,68,000 shares
Issue Size Total (Amount)	up to ₹29.50 Cr	up to ₹53.70 Cr

IPO Timetable

Meson Valves IPO opens on Sep 08, 2023, while Unihealth Consultancy IPO opens on Sep 08, 2023. The closing date of Meson Valves IPO and Unihealth Consultancy IPO is Sep 12, 2023, and Sep 12, 2023, respectively.

	Meson Valves IPO	Unihealth Consultancy IPO
Anchor Bid Date		Sep 07, 2023
Issue Open	Sep 08, 2023	Sep 08, 2023
Issue Close	Sep 12, 2023	Sep 12, 2023
Basis Of Allotment (Tentative)	Sep 15, 2023	Sep 15, 2023
Initiation of Refunds (Tentative)	Sep 18, 2023	Sep 18, 2023
Credit of Share (Tentative)	Sep 20, 2023	Sep 20, 2023
Listing date (Tentative)	Sep 21, 2023	Sep 21, 2023
Anchor Lockin End date 1		Oct 15, 2023
Anchor Lockin End date 2		Dec 14, 2023

Financials & KPIs

Meson Valves IPO P/E ratio is 15.47, as compared to Unihealth Consultancy IPO P/E ratio of 19.02.

Meson Valves IPO

Unihealth Consultancy IPO

Financials

Meson Valves India IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,105.58	2,738.78	4,509.01
Total Income	1,542.35	1,431.57	3,719.30
Profit After Tax	11.81	212.54	452.43
Net Worth	55.17	267.71	1,849.57
Reserves and Surplus	48.17	260.71	1,157.32
Total Borrowing	918.26	923.93	1,124.16

Amount in ₹ Lakhs

Unihealth Consultancy IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,838.87	6,478.65	7,833.32
Total Income	2,863.51	3,792.69	4,603.01
Profit After Tax	500.89	382.02	768.00
Net Worth	1,070.36	1,479.17	2,612.83
Reserves and Surplus	936.17	1,344.98	2,612.83
Total Borrowing	3,871.05	3,801.30	3,926.67

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

46.91

95.32

Promoter Shareholding (Post-Issue)

32.83

P/E Ratio

15.47

19.02

Market Cap

₹103.63 Cr.

₹203.28 Cr.

ROE

36.19%

ROCE

20.99%

Debt/Equity

1.43

EPS

₹6.59

₹6.94

RoNW

24.46%

27.91%

Shares Offered

In the Meson Valves IPO Retail Individual Investors (RII) are offered 14,46,000 shares while in Unihealth Consultancy IPO retail investors are offered 14,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Meson Valves IPO and 8,15,000 shares in Unihealth Consultancy IPO.

	Meson Valves IPO	Unihealth Consultancy IPO
Anchor Investor Reserveration		12,18,000 shares
Market Maker Reserveration	1,56,000 shares	2,16,000 shares
QIB		8,15,000 shares
NII	14,46,000 shares	6,11,000 shares
RII	14,46,000 shares	14,24,000 shares
Employee
Others
Total	28,92,000 shares	40,68,000 shares

Bids Received (Subscription)

Meson Valves IPO subscribed 173.65x in total, whereas Unihealth Consultancy IPO subscribed 18.22x.

	Meson Valves IPO	Unihealth Consultancy IPO
QIB (times)		5.97x
NII (times)	132.74x	37.65x
Big NII (times)
Small NII (times)
RII (times)	203.02x	24.61x
Employee (times)
Other (times)
Total (times)	173.65x	18.22x

Compare with others

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Kundan Edifice IPO	Jiwanram Sheoduttrai IPO
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Unihealth Consultancy IPO	Saroja Pharma IPO
Kahan Packaging IPO	Basilic Fly Studio IPO
Pramara Promotions IPO	C P S Shapers IPO