Comparison between Medi Assist Healthcare IPO and Credo Brands Marketing IPO.
Medi Assist Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Credo Brands Marketing IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Medi Assist Healthcare IPO is up to ₹1,171.58 Cr whereas the issue size of the Credo Brands Marketing IPO is up to ₹549.78 Cr. The final issue price of Medi Assist Healthcare IPO is ₹418.00 per share and of Credo Brands Marketing IPO is ₹280.00 per share.
| Medi Assist Healthcare IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹397.00 per share | ₹266.00 per share |
| Issue Price (Upper) | ₹418.00 per share | ₹280.00 per share |
| Issue Price (Final) | ₹418.00 per share | ₹280.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 35 shares | 53 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,80,28,168 shares | 1,96,34,960 shares |
| OFS Issue Size (Amount) | up to ₹1,171.58 Cr | up to ₹549.78 Cr |
| Issue Size Total | 2,80,28,168 shares | 1,96,34,960 shares |
| Issue Size Total (Amount) | up to ₹1,171.58 Cr | up to ₹549.78 Cr |
Medi Assist Healthcare IPO opens on Jan 15, 2024, while Credo Brands Marketing IPO opens on Dec 19, 2023. The closing date of Medi Assist Healthcare IPO and Credo Brands Marketing IPO is Jan 17, 2024, and Dec 21, 2023, respectively.
| Medi Assist Healthcare IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2024 | Dec 18, 2023 |
| Issue Open | Jan 15, 2024 | Dec 19, 2023 |
| Issue Close | Jan 17, 2024 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Jan 18, 2024 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Jan 19, 2024 | Dec 26, 2023 |
| Credit of Share (Tentative) | Jan 19, 2024 | Dec 26, 2023 |
| Listing date (Tentative) | Jan 23, 2024 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Feb 17, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Apr 17, 2024 | Mar 21, 2024 |
Medi Assist Healthcare IPO P/E ratio is 38.22, as compared to Credo Brands Marketing IPO P/E ratio of 23.22.
| Medi Assist Healthcare IPO | Credo Brands Marketing IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.55 | 66.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.75 | 53.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.22 | 23.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2878.32 Cr. | ₹1800.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.95% | 28.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.94 | ₹0.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.63 | 29.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Medi Assist Healthcare IPO Retail Individual Investors (RII) are offered 98,09,859 shares while in Credo Brands Marketing IPO retail investors are offered 98,09,859 shares. Qualified Institutional Buyers (QIB) are offered 56,05,634 shares in Medi Assist Healthcare IPO and 39,26,992 shares in Credo Brands Marketing IPO.
| Medi Assist Healthcare IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Anchor Investor Reservation | 84,08,449 shares | 58,90,488 shares |
| Market Maker Reservation | ||
| QIB | 56,05,634 shares | 39,26,992 shares |
| NII | 42,04,226 shares | 29,45,244 shares |
| RII | 98,09,859 shares | 68,72,236 shares |
| Employee | ||
| Others | ||
| Total | 2,80,28,168 shares | 1,96,34,960 shares |
Medi Assist Healthcare IPO subscribed 16.25x in total, whereas Credo Brands Marketing IPO subscribed 51.85x.
| Medi Assist Healthcare IPO | Credo Brands Marketing IPO | |
|---|---|---|
| QIB (times) | 40.14x | 104.95x |
| NII (times) | 14.85x | 55.52x |
| Big NII (times) | 17.22x | 55.73x |
| Small NII (times) | 10.12x | 55.10x |
| RII (times) | 3.19x | 19.94x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.25x | 51.85x |
