Comparison between Medistep Healthcare IPO and Shayona Engineering IPO.
Medistep Healthcare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shayona Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.
| Medistep Healthcare IPO | Shayona Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Novus Capital Advisors Private Limited | Horizon Management Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nirman Share Brokers Pvt.Ltd. | Horizon Financial Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Medistep Healthcare IPO is up to ₹15.29 Cr whereas the issue size of the Shayona Engineering IPO is up to ₹14.11 Cr. The final issue price of Medistep Healthcare IPO is ₹43.00 per share and of Shayona Engineering IPO is ₹144.00 per share.
| Medistep Healthcare IPO | Shayona Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | |
| Issue Price (Upper) | ₹144.00 per share | |
| Issue Price (Final) | ₹43.00 per share | ₹144.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 35,55,000 shares | 9,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.29 Cr | up to ₹14.11 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,55,000 shares | 9,80,000 shares |
| Issue Size Total (Amount) | up to ₹15.29 Cr | up to ₹14.11 Cr |
Medistep Healthcare IPO opens on Aug 08, 2025, while Shayona Engineering IPO opens on Jan 22, 2026. The closing date of Medistep Healthcare IPO and Shayona Engineering IPO is Aug 12, 2025, and Jan 27, 2026, respectively.
| Medistep Healthcare IPO | Shayona Engineering IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 08, 2025 | Jan 22, 2026 |
| Issue Close | Aug 12, 2025 | Jan 27, 2026 |
| Basis Of Allotment (Tentative) | Aug 13, 2025 | Jan 28, 2026 |
| Initiation of Refunds (Tentative) | Aug 14, 2025 | Jan 29, 2026 |
| Credit of Share (Tentative) | Aug 14, 2025 | Jan 29, 2026 |
| Listing date (Tentative) | Aug 18, 2025 | Jan 30, 2026 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Medistep Healthcare IPO P/E ratio is 10.86, as compared to Shayona Engineering IPO P/E ratio of 17.03.
| Medistep Healthcare IPO | Shayona Engineering IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)Medistep Healthcare Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 25% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.62 | 87.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.96 | 64.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.86 | 17.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61.10 Cr. | ₹56.05 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 38.91 | 29.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.96 | ₹8.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.06 | 34.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Medistep Healthcare IPO Retail Individual Investors (RII) are offered 17,79,000 shares while in Shayona Engineering IPO retail investors are offered 17,79,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Medistep Healthcare IPO and 12,000 shares in Shayona Engineering IPO.
| Medistep Healthcare IPO | Shayona Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,89,000 shares | 52,000 shares |
| QIB | 0 shares | 12,000 shares |
| NII | 17,76,000 shares | 3,00,000 shares |
| RII | 17,79,000 shares | 6,68,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,55,000 shares | 9,80,000 shares |
Medistep Healthcare IPO subscribed 382.14x in total, whereas Shayona Engineering IPO subscribed 5.43x.
| Medistep Healthcare IPO | Shayona Engineering IPO | |
|---|---|---|
| QIB (times) | 3.33x | |
| NII (times) | 289.15x | 9.30x |
| Big NII (times) | 12.17x | |
| Small NII (times) | 5.01x | |
| RII (times) | 461.11x | 3.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 382.14x | 5.43x |
