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Hemant Surgical Industries IPO vs Proventus Agrocom IPO

Comparison between Hemant Surgical Industries IPO and Proventus Agrocom IPO.

IPO Details

Hemant Surgical Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Proventus Agrocom IPO is a SME Fixed Price proposed to list at NSE SME.

 Hemant Surgical Industries IPOProventus Agrocom IPO
LogoHemant Surgical Industries IPO LogoProventus Agrocom IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersHem Securities Ltd.Sundae Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Ajcon Global Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Hemant Surgical Industries IPO is up to ₹23.54 Cr whereas the issue size of the Proventus Agrocom IPO is up to ₹66.06 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.

 Hemant Surgical Industries IPOProventus Agrocom IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share
Issue Price (Upper)₹90.00 per share
Issue Price (Final)₹90.00 per share₹771.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares160 shares
Fresh Issue Size26,16,000 shares6,26,653 shares
Fresh Issue Size (Amount)up to ₹23.54 Crup to ₹48.31 Cr
OFS Issue Size0 shares2,30,147 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹17.74 Cr
Issue Size Total26,16,000 shares8,56,800 shares
Issue Size Total (Amount)up to ₹23.54 Crup to ₹66.06 Cr

IPO Timetable

Hemant Surgical Industries IPO opens on May 24, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of Hemant Surgical Industries IPO and Proventus Agrocom IPO is May 26, 2023, and May 26, 2023, respectively.

 Hemant Surgical Industries IPOProventus Agrocom IPO
Anchor Bid DateMay 23, 2023
Issue OpenMay 24, 2023May 24, 2023
Issue CloseMay 26, 2023May 26, 2023
Basis Of Allotment (Tentative)May 31, 2023May 31, 2023
Initiation of Refunds (Tentative)Jun 01, 2023Jun 01, 2023
Credit of Share (Tentative)Jun 02, 2023Jun 02, 2023
Listing date (Tentative)Jun 05, 2023Jun 05, 2023
Anchor Lockin End date 1Jun 30, 2023
Anchor Lockin End date 2Aug 29, 2023

Financials & KPIs

Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Proventus Agrocom IPO P/E ratio of 186.23.

 Hemant Surgical Industries IPOProventus Agrocom IPO
Financials
Hemant Surgical Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-214,289.846,065.19114.53836.61653.381,446.35
31-Mar-225,437.5910,577.02461.401,298.011,114.78973.80
31-Mar-236,490.7911,149.68765.112,359.901,591.90711.92
Amount in ₹ Lakhs
Proventus Agrochem Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-208,936.9490,089.01-2,190.465,663.584,731.011,728.54
31-Mar-218,843.3630,173.92187.905,844.504,911.922,940.72
31-Mar-2210,131.1340,434.57114.035,966.755,034.173,444.05
31-Dec-229,735.3731,909.63189.826,167.315,234.743,061.13
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0092.29
Promoter Shareholding (Post-Issue)73.5670.84
P/E Ratio12.28186.23
Market Cap₹93.96 Cr.₹264.27 Cr.
ROE32.42%0.04%
ROCE37.98%0.05%
Debt/Equity0.300.56
EPS₹10.26₹4.14
RoNW32.42%3.08%

Shares Offered

In the Hemant Surgical Industries IPO Retail Individual Investors (RII) are offered 9,16,800 shares while in Proventus Agrocom IPO retail investors are offered 9,16,800 shares. Qualified Institutional Buyers (QIB) are offered 5,23,200 shares in Hemant Surgical Industries IPO and in Proventus Agrocom IPO.

 Hemant Surgical Industries IPOProventus Agrocom IPO
Anchor Investor Reserveration7,82,400 shares
Market Maker Reserveration1,44,000 shares45,120 shares
QIB5,23,200 shares
NII3,93,600 shares4,28,450 shares
RII9,16,800 shares4,28,450 shares
Employee
Others
Total26,16,000 shares8,56,900 shares

Bids Received (Subscription)

Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Proventus Agrocom IPO subscribed 2.70x.

 Hemant Surgical Industries IPOProventus Agrocom IPO
QIB (times)41.05x
NII (times)277.26x4.65x
Big NII (times)
Small NII (times)
RII (times)158.73x0.74x
Employee (times)
Other (times)
Total (times)150.59x2.70x