Comparison between Medi Assist Healthcare IPO and Nova AgriTech IPO.
Medi Assist Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nova AgriTech 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 Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Medi Assist Healthcare IPO is ₹418.00 per share and of Nova AgriTech IPO is ₹41.00 per share.
| Medi Assist Healthcare IPO | Nova AgriTech IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹397.00 per share | ₹39.00 per share |
| Issue Price (Upper) | ₹418.00 per share | ₹41.00 per share |
| Issue Price (Final) | ₹418.00 per share | ₹41.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 35 shares | 365 shares |
| Fresh Issue Size | 0 shares | 2,73,17,073 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹112.00 Cr |
| OFS Issue Size | 2,80,28,168 shares | 77,58,620 shares |
| OFS Issue Size (Amount) | up to ₹1,171.58 Cr | up to ₹31.81 Cr |
| Issue Size Total | 2,80,28,168 shares | 3,50,75,693 shares |
| Issue Size Total (Amount) | up to ₹1,171.58 Cr | up to ₹143.81 Cr |
Medi Assist Healthcare IPO opens on Jan 15, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Medi Assist Healthcare IPO and Nova AgriTech IPO is Jan 17, 2024, and Jan 25, 2024, respectively.
| Medi Assist Healthcare IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2024 | Jan 19, 2024 |
| Issue Open | Jan 15, 2024 | Jan 23, 2024 |
| Issue Close | Jan 17, 2024 | Jan 25, 2024 |
| Basis Of Allotment (Tentative) | Jan 18, 2024 | Jan 29, 2024 |
| Initiation of Refunds (Tentative) | Jan 19, 2024 | Jan 30, 2024 |
| Credit of Share (Tentative) | Jan 19, 2024 | Jan 30, 2024 |
| Listing date (Tentative) | Jan 23, 2024 | Jan 31, 2024 |
| Anchor Lockin End date 1 | Feb 17, 2024 | Feb 28, 2024 |
| Anchor Lockin End date 2 | Apr 17, 2024 | Apr 28, 2024 |
Medi Assist Healthcare IPO P/E ratio is 38.22, as compared to Nova AgriTech IPO P/E ratio of 13.05.
| Medi Assist Healthcare IPO | Nova AgriTech IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.55 | 84.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.75 | 59.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.22 | 13.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2878.32 Cr. | ₹379.33 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 38.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.95% | 27.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.94 | ₹3.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.63 | 32.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Medi Assist Healthcare IPO Retail Individual Investors (RII) are offered 98,09,859 shares while in Nova AgriTech 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 70,15,626 shares in Nova AgriTech IPO.
| Medi Assist Healthcare IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Investor Reservation | 84,08,449 shares | 1,05,22,220 shares |
| Market Maker Reservation | ||
| QIB | 56,05,634 shares | 70,15,626 shares |
| NII | 42,04,226 shares | 52,61,354 shares |
| RII | 98,09,859 shares | 1,22,76,493 shares |
| Employee | ||
| Others | ||
| Total | 2,80,28,168 shares | 3,50,75,693 shares |
Medi Assist Healthcare IPO subscribed 16.25x in total, whereas Nova AgriTech IPO subscribed 113.21x.
| Medi Assist Healthcare IPO | Nova AgriTech IPO | |
|---|---|---|
| QIB (times) | 40.14x | 81.13x |
| NII (times) | 14.85x | 233.03x |
| Big NII (times) | 17.22x | 231.40x |
| Small NII (times) | 10.12x | 236.27x |
| RII (times) | 3.19x | 80.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.25x | 113.21x |
