Medi Assist Healthcare IPO vs R K SWAMY IPO

Comparison between Medi Assist Healthcare IPO and R K SWAMY IPO.

IPO Details

Medi Assist Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while R K SWAMY IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Medi Assist Healthcare IPO is up to ₹1,171.58 Cr whereas the issue size of the R K SWAMY IPO is up to ₹423.56 Cr. The final issue price of Medi Assist Healthcare IPO is ₹418.00 per share and of R K SWAMY IPO is ₹288.00 per share.

 Medi Assist Healthcare IPOR K SWAMY IPO
Face Value₹5 per share₹5 per share
Issue Price (Lower)₹397.00 per share₹270.00 per share
Issue Price (Upper)₹418.00 per share₹288.00 per share
Issue Price (Final)₹418.00 per share₹288.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹27.00 per share
Market Lot Size35 shares50 shares
Fresh Issue Size0 shares60,28,239 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹173.46 Cr
OFS Issue Size2,80,28,168 shares86,91,862 shares
OFS Issue Size (Amount)up to ₹1,171.58 Crup to ₹250.10 Cr
Issue Size Total2,80,28,168 shares1,47,20,101 shares
Issue Size Total (Amount)up to ₹1,171.58 Crup to ₹423.56 Cr

IPO Timetable

Medi Assist Healthcare IPO opens on Jan 15, 2024, while R K SWAMY IPO opens on Mar 04, 2024. The closing date of Medi Assist Healthcare IPO and R K SWAMY IPO is Jan 17, 2024, and Mar 06, 2024, respectively.

 Medi Assist Healthcare IPOR K SWAMY IPO
Anchor Bid DateJan 12, 2024Mar 01, 2024
Issue OpenJan 15, 2024Mar 04, 2024
Issue CloseJan 17, 2024Mar 06, 2024
Basis Of Allotment (Tentative)Jan 18, 2024Mar 07, 2024
Initiation of Refunds (Tentative)Jan 19, 2024Mar 11, 2024
Credit of Share (Tentative)Jan 19, 2024Mar 11, 2024
Listing date (Tentative)Jan 23, 2024Mar 12, 2024
Anchor Lockin End date 1Feb 17, 2024Apr 06, 2024
Anchor Lockin End date 2Apr 17, 2024Jun 05, 2024

Financials & KPIs

Medi Assist Healthcare IPO P/E ratio is 38.22, as compared to R K SWAMY IPO P/E ratio of 40.96.

 Medi Assist Healthcare IPOR K SWAMY IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets802.62705.72602.23545.30
Total Income312.03518.96412.02345.57
Profit After Tax45.2675.3163.4738.01
NET Worth416.64383.67339.29292.55
Reserves and Surplus102.03353.86308.63295.81
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets252.23313.65406.44390.06
Total Income142.55299.91244.97183.22
Profit After Tax7.9331.2619.263.08
NET Worth146.66140.81111.9398.22
Reserves and Surplus28.8540.7912.27-0.43
Total Borrowing51.054.5128.7345.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.5583.03
Promoter Shareholding (Post-Issue)45.75
P/E Ratio38.2240.96
Market Cap₹2878.32 Cr.₹1453.37 Cr.
ROE16.47%
ROCE24.95%6.29%
Debt/Equity1.50
EPS₹10.94₹7.03
RoNW19.635.41%

Shares Offered

In the Medi Assist Healthcare IPO Retail Individual Investors (RII) are offered 98,09,859 shares while in R K SWAMY IPO retail investors are offered 98,09,859 shares. Qualified Institutional Buyers (QIB) are offered 56,05,634 shares in Medi Assist Healthcare IPO and 43,33,959 shares in R K SWAMY IPO.

 Medi Assist Healthcare IPOR K SWAMY IPO
Anchor Investor Reservation84,08,449 shares65,00,937 shares
Market Maker Reservation
QIB56,05,634 shares43,33,959 shares
NII42,04,226 shares21,66,979 shares
RII98,09,859 shares14,44,652 shares
Employee2,87,356 shares
Others
Total2,80,28,168 shares1,47,33,883 shares

Bids Received (Subscription)

Medi Assist Healthcare IPO subscribed 16.25x in total, whereas R K SWAMY IPO subscribed 25.78x.

 Medi Assist Healthcare IPOR K SWAMY IPO
QIB (times)40.14x20.58x
NII (times)14.85x34.24x
Big NII (times)17.22x35.73x
Small NII (times)10.12x31.27x
RII (times)3.19x33.31x
Employee (times)2.46x
Other (times)
Total (times)16.25x25.78x

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Medi Assist Healthcare IPO Vs R K SWAMY IPO