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Concord Control Systems IPO vs QMS Medical IPO

Comparison between Concord Control Systems IPO and QMS Medical IPO.

IPO Details

Concord Control Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while QMS Medical IPO is a SME Fixed Price proposed to list at NSE SME.

 Concord Control Systems IPOQMS Medical IPO
LogoConcord Control Systems IPO LogoQMS Medical IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersHem Securities Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Securities Ltd.Rikhav Securities 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 Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the QMS Medical IPO is up to ₹54.01 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of QMS Medical IPO is ₹121.00 per share.

 Concord Control Systems IPOQMS Medical IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size14,34,000 shares25,64,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹31.02 Cr
OFS Issue Size0 shares19,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹22.99 Cr
Issue Size Total14,34,000 shares44,64,000 shares
Issue Size Total (Amount)up to ₹7.89 Crup to ₹54.01 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while QMS Medical IPO opens on Sep 27, 2022. The closing date of Concord Control Systems IPO and QMS Medical IPO is Sep 29, 2022, and Sep 30, 2022, respectively.

 Concord Control Systems IPOQMS Medical IPO
Anchor Bid DateSep 26, 2022
Issue OpenSep 27, 2022Sep 27, 2022
Issue CloseSep 29, 2022Sep 30, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Oct 06, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 07, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 10, 2022
Listing date (Tentative)Oct 10, 2022Oct 11, 2022
Anchor Lockin End date 1Nov 03, 2022
Anchor Lockin End date 2Jan 02, 2023

Financials & KPIs

Concord Control Systems IPO P/E ratio is 12.14, as compared to QMS Medical IPO P/E ratio of 20.1.

 Concord Control Systems IPOQMS Medical IPO
Financials
Concord Control Systems Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20838.011589.25104.57350.58330.25
31-Mar-211251.351760.91143.21495.47474.9
31-Mar-221467.223173.54258.99754.24733.86
Amount in ₹ Lakhs
QMS Medical Allied Services Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2033487277.81635.35940.58639.58
31-Mar-216037.43122091091.752032.331656.08
31-Mar-228266.5314774.771070.643102.972726.72
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.5373.67
P/E Ratio12.1420.1
Market Cap₹31.42 Cr.₹215.99 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in QMS Medical IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in QMS Medical IPO.

 Concord Control Systems IPOQMS Medical IPO
Anchor Investor Reserveration4,28,000 shares
Market Maker Reserveration78,000 shares2,36,000 shares
QIB2,88,000 shares
NII2,16,000 shares22,32,000 shares
RII5,02,000 shares22,32,000 shares
Employee
Others
Total14,34,000 shares44,64,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas QMS Medical IPO subscribed 0.88x.

 Concord Control Systems IPOQMS Medical IPO
QIB (times)15.18x
NII (times)307.40x1.25x
Big NII (times)
Small NII (times)
RII (times)424.26x0.51x
Employee (times)
Other (times)
Total (times)202.41x0.88x