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Maitreya Medicare IPO vs Shanthala FMCG Products IPO

Comparison between Maitreya Medicare IPO and Shanthala FMCG Products IPO.

IPO Details

Maitreya Medicare IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shanthala FMCG Products IPO is a SME Fixed Price proposed to list at NSE SME.

 Maitreya Medicare IPOShanthala FMCG Products IPO
LogoMaitreya Medicare IPO LogoShanthala FMCG Products IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.First Overseas Capital Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Bhh Securities Pvt.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 Maitreya Medicare IPO is up to ₹14.00 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹15.27 Cr. The final issue price of Maitreya Medicare IPO is ₹82.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

 Maitreya Medicare IPOShanthala FMCG Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹78.00 per share
Issue Price (Upper)₹82.00 per share
Issue Price (Final)₹82.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size17,07,200 shares16,77,600 shares
Fresh Issue Size (Amount)up to ₹14.00 Crup to ₹15.27 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,07,200 shares16,77,600 shares
Issue Size Total (Amount)up to ₹14.00 Crup to ₹15.27 Cr

IPO Timetable

Maitreya Medicare IPO opens on Oct 27, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of Maitreya Medicare IPO and Shanthala FMCG Products IPO is Nov 01, 2023, and Oct 31, 2023, respectively.

 Maitreya Medicare IPOShanthala FMCG Products IPO
Anchor Bid DateOct 26, 2023
Issue OpenOct 27, 2023Oct 27, 2023
Issue CloseNov 01, 2023Oct 31, 2023
Basis Of Allotment (Tentative)Nov 06, 2023Nov 03, 2023
Initiation of Refunds (Tentative)Nov 07, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 07, 2023Nov 07, 2023
Listing date (Tentative)Nov 07, 2023Nov 03, 2023
Anchor Lockin End date 1Dec 06, 2023
Anchor Lockin End date 2Feb 04, 2024

Financials & KPIs

Maitreya Medicare IPO P/E ratio is 10.34, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.

 Maitreya Medicare IPOShanthala FMCG Products IPO
Financials

Maitreya Medicare Limited Financial Information (Restated Consolidated)

Maitreya Medicare Limited's revenue decreased by -19.69% and profit after tax (PAT) rose by 271.95% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,122.312,749.892,448.792,527.23
Total Income2,484.513,994.914,974.415,704.44
Profit After Tax254.05422.65113.63424.34
Net Worth1,118.31864.26471.11386.22
Reserves and Surplus
Total Borrowing520.21585.12750.25919.05
Amount in ₹ Lakhs

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets827.32657.21615.79569.67
Total Income1,585.584,077.253,254.573,955.67
Profit After Tax10.1517.734.5214.41
Net Worth549.32143.22125.49120.97
Reserves and Surplus56.1593.2275.4970.97
Total Borrowing
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10077.44
Promoter Shareholding (Post-Issue)73.2057.019
P/E Ratio10.3425.66
Market Cap₹55.56 Cr.₹60.95 Cr.
ROE50.15%12.38%
ROCE42.71%19%
Debt/Equity3.12
EPS₹7.93₹3.55
RoNW45.49%12.38%

Shares Offered

In the Maitreya Medicare IPO Retail Individual Investors (RII) are offered 6,11,200 shares while in Shanthala FMCG Products IPO retail investors are offered 6,11,200 shares. Qualified Institutional Buyers (QIB) are offered 3,29,600 shares in Maitreya Medicare IPO and in Shanthala FMCG Products IPO.

 Maitreya Medicare IPOShanthala FMCG Products IPO
Anchor Investor Reserveration4,94,400 shares
Market Maker Reserveration1,08,800 shares88,800 shares
QIB3,29,600 shares
NII2,72,000 shares8,38,800 shares
RII6,11,200 shares8,38,800 shares
Employee
Others
Total17,07,200 shares16,77,600 shares

Bids Received (Subscription)

Maitreya Medicare IPO subscribed 446.79x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.

 Maitreya Medicare IPOShanthala FMCG Products IPO
QIB (times)85.41x
NII (times)744.03x4.76x
Big NII (times)
Small NII (times)
RII (times)509.40x3.05x
Employee (times)
Other (times)
Total (times)446.79x3.91x