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Par Drugs IPO vs Parshva Enterprises IPO

Comparison between Par Drugs IPO and Parshva Enterprises IPO.

IPO Details

Par Drugs IPO is a SME Fixed Price IPO proposed to list at NSE SME while Parshva Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.

 Par Drugs IPOParshva Enterprises IPO
LogoPar Drugs IPO LogoParshva Enterprises IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Sernet Financial Services Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Par Drugs IPO is up to ₹8.10 Cr whereas the issue size of the Parshva Enterprises IPO is up to ₹3.46 Cr. The final issue price of Par Drugs IPO is ₹51.00 per share and of Parshva Enterprises IPO is ₹45.00 per share.

 Par Drugs IPOParshva Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size15,88,000 shares7,68,000 shares
Fresh Issue Size (Amount)up to ₹8.10 Crup to ₹3.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,88,000 shares7,68,000 shares
Issue Size Total (Amount)up to ₹8.10 Crup to ₹3.46 Cr

IPO Timetable

Par Drugs IPO opens on May 03, 2019, while Parshva Enterprises IPO opens on Jun 19, 2019. The closing date of Par Drugs IPO and Parshva Enterprises IPO is May 08, 2019, and Jun 21, 2019, respectively.

 Par Drugs IPOParshva Enterprises IPO
Anchor Bid Date
Issue OpenMay 03, 2019Jun 19, 2019
Issue CloseMay 08, 2019Jun 21, 2019
Basis Of Allotment (Tentative)May 13, 2019Jun 27, 2019
Initiation of Refunds (Tentative)May 14, 2019Jun 28, 2019
Credit of Share (Tentative)May 15, 2019Jun 28, 2019
Listing date (Tentative)May 16, 2019Jul 01, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Par Drugs IPO P/E ratio is , as compared to Parshva Enterprises IPO P/E ratio of .

 Par Drugs IPOParshva Enterprises IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 5,135.55 5,393.89 5,604.14 5,803.08
Total Revenue 4,641.20 4,241.65 4,880.90 3,326.43
Profit After Tax 241.88 149.53 184.78 42.18
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18
Total Assets 357.93 205.41
Total Revenue 709.22 476.29
Profit After Tax 30.04 3.88
Promoter Shareholding (Pre-Issue)99.55100
Promoter Shareholding (Post-Issue)72.8273.09
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Par Drugs IPO Retail Individual Investors (RII) are offered 7,80,000 shares while in Parshva Enterprises IPO retail investors are offered 7,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Par Drugs IPO and in Parshva Enterprises IPO.

 Par Drugs IPOParshva Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration84,000 shares42,000 shares
QIB
NII7,78,000 shares3,84,000 shares
RII7,80,000 shares3,84,000 shares
Employee30,000 shares
Others
Total15,88,000 shares7,68,000 shares

Bids Received (Subscription)

Par Drugs IPO subscribed 5.74x in total, whereas Parshva Enterprises IPO subscribed 1.20x.

 Par Drugs IPOParshva Enterprises IPO
QIB (times)
NII (times)3.48x1.65x
Big NII (times)
Small NII (times)
RII (times)7.97x0.74x
Employee (times)1.00x
Other (times)
Total (times)5.74x1.20x