Entero Healthcare Solutions IPO vs Platinum Industries IPO

Comparison between Entero Healthcare Solutions IPO and Platinum Industries IPO.

IPO Details

Entero Healthcare Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Platinum Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Entero Healthcare Solutions IPO is up to ₹1,600.00 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of Entero Healthcare Solutions IPO is ₹1,258.00 per share and of Platinum Industries IPO is ₹171.00 per share.

 Entero Healthcare Solutions IPOPlatinum Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,195.00 per share₹162.00 per share
Issue Price (Upper)₹1,258.00 per share₹171.00 per share
Issue Price (Final)₹1,258.00 per share₹171.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹119.00 per share
Market Lot Size11 shares87 shares
Fresh Issue Size79,52,518 shares1,37,61,225 shares
Fresh Issue Size (Amount)up to ₹1,000.31 Crup to ₹235.32 Cr
OFS Issue Size47,67,526 shares0 shares
OFS Issue Size (Amount)up to ₹599.69 Crup to ₹0.00 Cr
Issue Size Total1,27,20,044 shares1,37,61,225 shares
Issue Size Total (Amount)up to ₹1,600.00 Crup to ₹235.32 Cr

IPO Timetable

Entero Healthcare Solutions IPO opens on Feb 09, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of Entero Healthcare Solutions IPO and Platinum Industries IPO is Feb 13, 2024, and Feb 29, 2024, respectively.

 Entero Healthcare Solutions IPOPlatinum Industries IPO
Anchor Bid DateFeb 08, 2024Feb 26, 2024
Issue OpenFeb 09, 2024Feb 27, 2024
Issue CloseFeb 13, 2024Feb 29, 2024
Basis Of Allotment (Tentative)Feb 14, 2024Mar 01, 2024
Initiation of Refunds (Tentative)Feb 15, 2024Mar 04, 2024
Credit of Share (Tentative)Feb 15, 2024Mar 04, 2024
Listing date (Tentative)Feb 16, 2024Mar 05, 2024
Anchor Lockin End date 1Mar 15, 2024Mar 31, 2024
Anchor Lockin End date 2May 14, 2024May 30, 2024

Financials & KPIs

Entero Healthcare Solutions IPO P/E ratio is 0, as compared to Platinum Industries IPO P/E ratio of 18.73.

 Entero Healthcare Solutions IPOPlatinum Industries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,505.951,308.731,125.98833.79
Total Income1,898.983,305.722,526.551,783.67
Profit After Tax11.64-11.10-29.44-15.35
NET Worth660.54597.66563.22487.06
Total Borrowing488.68373.52285.03141.70
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets137.72121.1784.4832.26
Total Income123.73232.56189.2489.53
Profit After Tax22.8437.5817.754.82
NET Worth85.0461.8822.344.47
Reserves and Surplus44.8621.8021.283.53
Total Borrowing11.4617.4324.243.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)77.1194.74
Promoter Shareholding (Post-Issue)52.43
P/E Ratio018.73
Market Cap₹3021.21 Cr.₹939.22 Cr.
ROE-2.66%90.02%
ROCE6.06%56.85%
Debt/Equity0.450.28
EPS₹0.00₹9.13
RoNW-1.86%61.26%

Shares Offered

In the Entero Healthcare Solutions IPO Retail Individual Investors (RII) are offered 12,65,500 shares while in Platinum Industries IPO retail investors are offered 12,65,500 shares. Qualified Institutional Buyers (QIB) are offered 37,96,503 shares in Entero Healthcare Solutions IPO and 27,52,375 shares in Platinum Industries IPO.

 Entero Healthcare Solutions IPOPlatinum Industries IPO
Anchor Investor Reservation56,94,753 shares41,28,237 shares
Market Maker Reservation
QIB37,96,503 shares27,52,375 shares
NII18,98,251 shares20,64,184 shares
RII12,65,500 shares48,16,429 shares
Employee70,237 shares
Others
Total1,27,25,244 shares1,37,61,225 shares

Bids Received (Subscription)

Entero Healthcare Solutions IPO subscribed 1.53x in total, whereas Platinum Industries IPO subscribed 98.99x.

 Entero Healthcare Solutions IPOPlatinum Industries IPO
QIB (times)2.28x151.00x
NII (times)0.22x141.79x
Big NII (times)0.16x138.46x
Small NII (times)0.33x148.46x
RII (times)1.33x50.92x
Employee (times)1.25x
Other (times)
Total (times)1.53x98.99x

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