Comparison between Adeshwar Meditex IPO and Navoday Enterprises IPO.
Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Navoday Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.
| Adeshwar Meditex IPO | Navoday Enterprises IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Satellite Corporate Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Adeshwar Meditex IPO is up to ₹9.24 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.37 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.
| Adeshwar Meditex IPO | Navoday Enterprises IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹25.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 6000 shares |
| Fresh Issue Size | 36,96,000 shares | 21,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.24 Cr | up to ₹4.37 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 | 36,96,000 shares | 21,84,000 shares |
| Issue Size Total (Amount) | up to ₹9.24 Cr | up to ₹4.37 Cr |
Adeshwar Meditex IPO opens on Jun 15, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of Adeshwar Meditex IPO and Navoday Enterprises IPO is Jun 18, 2021, and Jun 17, 2021, respectively.
| Adeshwar Meditex IPO | Navoday Enterprises IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 15, 2021 | Jun 14, 2021 |
| Issue Close | Jun 18, 2021 | Jun 17, 2021 |
| Basis Of Allotment (Tentative) | Jun 23, 2021 | Jun 21, 2021 |
| Initiation of Refunds (Tentative) | Jun 24, 2021 | Jun 22, 2021 |
| Credit of Share (Tentative) | Jun 25, 2021 | Jun 23, 2021 |
| Listing date (Tentative) | Jun 28, 2021 | Jun 25, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Adeshwar Meditex IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .
| Adeshwar Meditex IPO | Navoday Enterprises IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 58.45 | 99.98 | ||||
| Promoter Shareholding (Post-Issue) | 42.65 | 40.21 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹36.08 Cr. | ₹7.71 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Adeshwar Meditex IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Navoday Enterprises IPO retail investors are offered 18,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Adeshwar Meditex IPO and in Navoday Enterprises IPO.
| Adeshwar Meditex IPO | Navoday Enterprises IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,04,000 shares | 1,20,000 shares |
| QIB | ||
| NII | 18,48,000 shares | 10,92,000 shares |
| RII | 18,48,000 shares | 10,92,000 shares |
| Employee | ||
| Others | ||
| Total | 36,96,000 shares | 21,84,000 shares |
Adeshwar Meditex IPO subscribed 1.85x in total, whereas Navoday Enterprises IPO subscribed 2.36x.
| Adeshwar Meditex IPO | Navoday Enterprises IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.50x | 0.29x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.21x | 4.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.85x | 2.36x |
