Aashka Hospitals IPO vs Network People IPO

Comparison between Aashka Hospitals IPO and Network People IPO.

IPO Details

Aashka Hospitals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Network People IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aashka Hospitals IPO is up to ₹95.83 Cr whereas the issue size of the Network People IPO is up to ₹13.00 Cr. The final issue price of Aashka Hospitals IPO is ₹121.00 per share and of Network People IPO is ₹80.00 per share.

 Aashka Hospitals IPONetwork People IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share
Issue Price (Upper)₹80.00 per share
Issue Price (Final)₹121.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1600 shares
Fresh Issue Size49,20,000 shares16,25,600 shares
Fresh Issue Size (Amount)up to ₹59.53 Crup to ₹13.00 Cr
OFS Issue Size30,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹36.30 Crup to ₹0.00 Cr
Issue Size Total79,20,000 shares16,25,600 shares
Issue Size Total (Amount)up to ₹95.83 Crup to ₹13.00 Cr

IPO Timetable

Aashka Hospitals IPO opens on Aug 10, 2021, while Network People IPO opens on Jul 28, 2021. The closing date of Aashka Hospitals IPO and Network People IPO is Aug 24, 2021, and Aug 02, 2021, respectively.

 Aashka Hospitals IPONetwork People IPO
Issue OpenAug 10, 2021Jul 28, 2021
Issue CloseAug 24, 2021Aug 02, 2021
Basis Of Allotment (Tentative)Aug 30, 2021Aug 05, 2021
Initiation of Refunds (Tentative)Aug 31, 2021Aug 06, 2021
Credit of Share (Tentative)Aug 31, 2021Aug 06, 2021
Listing date (Tentative)Sep 01, 2021Aug 10, 2021

Financials & KPIs

Aashka Hospitals IPO P/E ratio is , as compared to Network People IPO P/E ratio of .

 Aashka Hospitals IPONetwork People IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets65.0860.0554.05
Total Income40.6927.2527.73
Profit After Tax4.111.381.36
EBITDA9.928.629.57
NET Worth29.2524.1915.36
Reserves and Surplus11.256.28-1.80
Total Borrowing21.6727.3925.52
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets16.529.978.81
Total Income15.3815.2518.00
Profit After Tax1.061.041.35
EBITDA2.992.293.00
NET Worth6.705.644.60
Reserves and Surplus2.204.643.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.67%91.9%
Promoter Shareholding (Post-Issue)61.28%67.54%
Market Cap₹283.14 Cr.₹51.70 Cr.

Shares Offered

In the Aashka Hospitals IPO Retail Individual Investors (RII) are offered 39,60,000 shares while in Network People IPO retail investors are offered 39,60,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Aashka Hospitals IPO and 3,74,400 shares in Network People IPO.

 Aashka Hospitals IPONetwork People IPO
Anchor Investor Reservation0 shares
Market Maker Reservation4,80,000 shares86,400 shares
QIB0 shares3,74,400 shares
NII39,60,000 shares6,81,600 shares
RII39,60,000 shares5,69,600 shares
Employee0 shares
Total79,20,000 shares16,25,600 shares

Bids Received (Subscription)

Aashka Hospitals IPO subscribed 1.38x in total, whereas Network People IPO subscribed 22.37x.

 Aashka Hospitals IPONetwork People IPO
QIB (times)1.10x
NII (times)2.02x10.40x
RII (times)0.75x50.68x
Total (times)1.38x22.37x

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