Comparison between Insolation Energy IPO and QMS Medical IPO.
Insolation Energy 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.
| Insolation Energy IPO | QMS Medical IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Insolation Energy IPO is up to ₹21.04 Cr whereas the issue size of the QMS Medical IPO is up to ₹54.01 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of QMS Medical IPO is ₹121.00 per share.
| Insolation Energy IPO | QMS Medical IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹38.00 per share | |
| Issue Price (Final) | ₹38.00 per share | ₹121.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 55,38,000 shares | 25,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.04 Cr | up to ₹31.02 Cr |
| OFS Issue Size | 0 shares | 19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.99 Cr |
| Issue Size Total | 55,38,000 shares | 44,64,000 shares |
| Issue Size Total (Amount) | up to ₹21.04 Cr | up to ₹54.01 Cr |
Insolation Energy IPO opens on Sep 26, 2022, while QMS Medical IPO opens on Sep 27, 2022. The closing date of Insolation Energy IPO and QMS Medical IPO is Sep 29, 2022, and Sep 30, 2022, respectively.
| Insolation Energy IPO | QMS Medical IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 26, 2022 | Sep 27, 2022 |
| Issue Close | Sep 29, 2022 | Sep 30, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 06, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 07, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 10, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 11, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Insolation Energy IPO P/E ratio is 11.41, as compared to QMS Medical IPO P/E ratio of 20.1.
| Insolation Energy IPO | QMS Medical IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.41 | 20.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹79.16 Cr. | ₹215.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.01 | 1.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.62 | ₹7.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.33 | 34.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in QMS Medical IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in QMS Medical IPO.
| Insolation Energy IPO | QMS Medical IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,94,000 shares | 2,36,000 shares |
| QIB | ||
| NII | 27,69,000 shares | 22,32,000 shares |
| RII | 27,69,000 shares | 22,32,000 shares |
| Employee | ||
| Others | ||
| Total | 55,38,000 shares | 44,64,000 shares |
Insolation Energy IPO subscribed 192.79x in total, whereas QMS Medical IPO subscribed 0.88x.
| Insolation Energy IPO | QMS Medical IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 150.02x | 1.25x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 235.55x | 0.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 192.79x | 0.88x |
