Comparison between Medi Assist Healthcare IPO and Rashi Peripherals IPO.
Medi Assist Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rashi Peripherals IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Medi Assist Healthcare IPO is up to ₹1,171.58 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Medi Assist Healthcare IPO is ₹418.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.
| Medi Assist Healthcare IPO | Rashi Peripherals IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹5 per share |
| Issue Price (Lower) | ₹397.00 per share | ₹295.00 per share |
| Issue Price (Upper) | ₹418.00 per share | ₹311.00 per share |
| Issue Price (Final) | ₹418.00 per share | ₹311.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 35 shares | 48 shares |
| Fresh Issue Size | 0 shares | 1,92,92,604 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹600.00 Cr |
| OFS Issue Size | 2,80,28,168 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,171.58 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,80,28,168 shares | 1,92,92,604 shares |
| Issue Size Total (Amount) | up to ₹1,171.58 Cr | up to ₹600.00 Cr |
Medi Assist Healthcare IPO opens on Jan 15, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Medi Assist Healthcare IPO and Rashi Peripherals IPO is Jan 17, 2024, and Feb 09, 2024, respectively.
| Medi Assist Healthcare IPO | Rashi Peripherals IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2024 | Feb 06, 2024 |
| Issue Open | Jan 15, 2024 | Feb 07, 2024 |
| Issue Close | Jan 17, 2024 | Feb 09, 2024 |
| Basis Of Allotment (Tentative) | Jan 18, 2024 | Feb 12, 2024 |
| Initiation of Refunds (Tentative) | Jan 19, 2024 | Feb 13, 2024 |
| Credit of Share (Tentative) | Jan 19, 2024 | Feb 13, 2024 |
| Listing date (Tentative) | Jan 23, 2024 | Feb 14, 2024 |
| Anchor Lockin End date 1 | Feb 17, 2024 | Mar 13, 2024 |
| Anchor Lockin End date 2 | Apr 17, 2024 | May 12, 2024 |
Medi Assist Healthcare IPO P/E ratio is 38.22, as compared to Rashi Peripherals IPO P/E ratio of 11.75.
| Medi Assist Healthcare IPO | Rashi Peripherals IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.55 | 89.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.75 | 63.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.22 | 11.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2878.32 Cr. | ₹2049.48 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.95% | 14.21% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.94 | ₹26.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.63 | 17.60% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Medi Assist Healthcare IPO Retail Individual Investors (RII) are offered 98,09,859 shares while in Rashi Peripherals 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 38,58,521 shares in Rashi Peripherals IPO.
| Medi Assist Healthcare IPO | Rashi Peripherals IPO | |
|---|---|---|
| Anchor Investor Reservation | 84,08,449 shares | 57,87,780 shares |
| Market Maker Reservation | ||
| QIB | 56,05,634 shares | 38,58,521 shares |
| NII | 42,04,226 shares | 28,93,891 shares |
| RII | 98,09,859 shares | 67,52,412 shares |
| Employee | ||
| Others | ||
| Total | 2,80,28,168 shares | 1,92,92,604 shares |
Medi Assist Healthcare IPO subscribed 16.25x in total, whereas Rashi Peripherals IPO subscribed 62.95x.
| Medi Assist Healthcare IPO | Rashi Peripherals IPO | |
|---|---|---|
| QIB (times) | 40.14x | 151.45x |
| NII (times) | 14.85x | 66.15x |
| Big NII (times) | 17.22x | 74.51x |
| Small NII (times) | 10.12x | 50.38x |
| RII (times) | 3.19x | 11.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.25x | 62.95x |
