Evoq Remedies IPO vs P.E.Analytics IPO

Comparison between Evoq Remedies IPO and P.E.Analytics IPO.

IPO Details

Evoq Remedies IPO is a SME Bookbuilding IPO proposed to list at BSE SME while P.E.Analytics IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Evoq Remedies IPO is up to ₹9.23 Cr whereas the issue size of the P.E.Analytics IPO is up to ₹30.01 Cr. The final issue price of Evoq Remedies IPO is ₹27.00 per share and of P.E.Analytics IPO is ₹114.00 per share.

 Evoq Remedies IPOP.E.Analytics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹111.00 per share
Issue Price (Upper)₹114.00 per share
Issue Price (Final)₹27.00 per share₹114.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1200 shares
Fresh Issue Size34,20,000 shares13,12,800 shares
Fresh Issue Size (Amount)up to ₹9.23 Crup to ₹14.97 Cr
OFS Issue Size0 shares13,20,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹15.05 Cr
Issue Size Total34,20,000 shares26,32,800 shares
Issue Size Total (Amount)up to ₹9.23 Crup to ₹30.01 Cr

IPO Timetable

Evoq Remedies IPO opens on Mar 17, 2022, while P.E.Analytics IPO opens on Mar 22, 2022. The closing date of Evoq Remedies IPO and P.E.Analytics IPO is Mar 22, 2022, and Mar 25, 2022, respectively.

 Evoq Remedies IPOP.E.Analytics IPO
Anchor Bid DateMar 21, 2022
Issue OpenMar 17, 2022Mar 22, 2022
Issue CloseMar 22, 2022Mar 25, 2022
Basis Of Allotment (Tentative)Mar 25, 2022Mar 30, 2022
Initiation of Refunds (Tentative)Mar 28, 2022Mar 31, 2022
Credit of Share (Tentative)Mar 29, 2022Apr 01, 2022
Listing date (Tentative)Mar 30, 2022Apr 04, 2022
Anchor Lockin End date 1Apr 29, 2022

Financials & KPIs

Evoq Remedies IPO P/E ratio is 33.75, as compared to P.E.Analytics IPO P/E ratio of 14.56.

 Evoq Remedies IPOP.E.Analytics IPO
Financials

Company Financials (Restated)

Period Ended10 Feb 202231 Mar 202131 Mar 202031 Mar 2019
Assets26.618.055.652.15
Total Income10.5710.029.073.25
Profit After Tax0.940.710.000.01
EBITDA1.250.950.000.02
NET Worth13.280.740.020.02
Reserves and Surplus3.280.730.010.01
Total Borrowing5.730.010.010.00
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets36.7931.9429.5127.46
Total Income12.1519.7617.2416.13
Profit After Tax4.116.921.173.48
NET Worth30.9326.8325.6324.46
Reserves and Surplus30.9026.7925.5824.41
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%96.11%
Promoter Shareholding (Post-Issue)73.53%70.20%
P/E Ratio33.7514.56
Market Cap₹36.72 Cr.₹119.50 Cr.
EPS₹10.05₹2161.47
RoNW96.9425.8

Shares Offered

In the Evoq Remedies IPO Retail Individual Investors (RII) are offered 17,10,000 shares while in P.E.Analytics IPO retail investors are offered 17,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Evoq Remedies IPO and 5,26,800 shares in P.E.Analytics IPO.

 Evoq Remedies IPOP.E.Analytics IPO
Anchor Investor Reservation7,88,400 shares
Market Maker Reservation1,80,000 shares1,39,200 shares
QIB5,26,800 shares
NII17,10,000 shares3,96,000 shares
RII17,10,000 shares9,21,600 shares
Employee0 shares
Total34,20,000 shares26,32,800 shares

Bids Received (Subscription)

Evoq Remedies IPO subscribed 1.67x in total, whereas P.E.Analytics IPO subscribed 46.34x.

 Evoq Remedies IPOP.E.Analytics IPO
QIB (times)33.00x
NII (times)0.30x126.40x
RII (times)3.03x59.20x
Total (times)1.67x46.34x

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Evoq Remedies IPO Vs P.E.Analytics IPO