Comparison between Ethos IPO and Rainbow Children's Medicare IPO.
Ethos IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rainbow Children's Medicare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ethos IPO is up to ₹402.26 Cr whereas the issue size of the Rainbow Children's Medicare IPO is up to ₹1,580.85 Cr. The final issue price of Ethos IPO is ₹878.00 per share and of Rainbow Children's Medicare IPO is ₹542.00 per share.
| Ethos IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹836.00 per share | ₹516.00 per share |
| Issue Price (Upper) | ₹878.00 per share | ₹542.00 per share |
| Issue Price (Final) | ₹878.00 per share | ₹542.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 17 shares | 27 shares |
| Fresh Issue Size | 42,71,070 shares | 51,67,679 shares |
| Fresh Issue Size (Amount) | up to ₹375.00 Cr | up to ₹280.07 Cr |
| OFS Issue Size | 3,10,430 shares | 2,40,00,900 shares |
| OFS Issue Size (Amount) | up to ₹27.26 Cr | up to ₹1,300.78 Cr |
| Issue Size Total | 45,81,500 shares | 2,91,68,579 shares |
| Issue Size Total (Amount) | up to ₹402.26 Cr | up to ₹1,580.85 Cr |
Ethos IPO opens on May 18, 2022, while Rainbow Children's Medicare IPO opens on Apr 27, 2022. The closing date of Ethos IPO and Rainbow Children's Medicare IPO is May 20, 2022, and Apr 29, 2022, respectively.
| Ethos IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| Anchor Bid Date | May 17, 2022 | Apr 26, 2022 |
| Issue Open | May 18, 2022 | Apr 27, 2022 |
| Issue Close | May 20, 2022 | Apr 29, 2022 |
| Basis Of Allotment (Tentative) | May 25, 2022 | May 05, 2022 |
| Initiation of Refunds (Tentative) | May 26, 2022 | May 06, 2022 |
| Credit of Share (Tentative) | May 27, 2022 | May 09, 2022 |
| Listing date (Tentative) | May 30, 2022 | May 10, 2022 |
| Anchor Lockin End date 1 | Jun 24, 2022 | Jun 04, 2022 |
| Anchor Lockin End date 2 | Aug 23, 2022 | Aug 03, 2022 |
Ethos IPO P/E ratio is 96, as compared to Rainbow Children's Medicare IPO P/E ratio of 43.53.
| Ethos IPO | Rainbow Children's Medicare IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.01 | 62.19 | ||||
| Promoter Shareholding (Post-Issue) | 61.65 | 49.83 | ||||
| P/E Ratio | 96 | 43.53 | ||||
| Market Cap | ₹2050.06 Cr. | ₹5501.30 Cr. | ||||
| ROE | 8.82 | |||||
| ROCE | 10.48 | |||||
| Debt/Equity | 0.78 | 0.11 | ||||
| EPS | ₹3.18 | ₹4.36 | ||||
| RoNW | 3.72 | 8.88 |
In the Ethos IPO Retail Individual Investors (RII) are offered 16,03,525 shares while in Rainbow Children's Medicare IPO retail investors are offered 16,03,525 shares. Qualified Institutional Buyers (QIB) are offered 6,77,025 shares in Ethos IPO and 57,75,605 shares in Rainbow Children's Medicare IPO.
| Ethos IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,13,725 shares | 86,63,404 shares |
| Market Maker Reservation | ||
| QIB | 6,77,025 shares | 57,75,605 shares |
| NII | 6,87,225 shares | 43,31,704 shares |
| RII | 16,03,525 shares | 1,01,07,308 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 45,81,500 shares | 2,91,78,021 shares |
Ethos IPO subscribed 1.04x in total, whereas Rainbow Children's Medicare IPO subscribed 12.43x.
| Ethos IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| QIB (times) | 1.06x | 38.90x |
| NII (times) | 1.48x | 3.73x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.84x | 1.38x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 1.04x | 12.43x |
