Comparison between Medico Remedies IPO and Solex Energy IPO.
Medico Remedies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solex Energy IPO is a SME Fixed Price proposed to list at NSE SME.
| Medico Remedies IPO | Solex Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Swastika Investmart Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Medico Remedies IPO is up to ₹10.42 Cr whereas the issue size of the Solex Energy IPO is up to ₹6.80 Cr. The final issue price of Medico Remedies IPO is ₹100.00 per share and of Solex Energy IPO is ₹52.00 per share.
| Medico Remedies IPO | Solex Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 8,91,600 shares | 13,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.92 Cr | up to ₹6.80 Cr |
| OFS Issue Size | 1,50,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.50 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,41,600 shares | 13,08,000 shares |
| Issue Size Total (Amount) | up to ₹10.42 Cr | up to ₹6.80 Cr |
Medico Remedies IPO opens on Jan 29, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of Medico Remedies IPO and Solex Energy IPO is Jan 31, 2018, and Jan 25, 2018, respectively.
| Medico Remedies IPO | Solex Energy IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 29, 2018 | Jan 22, 2018 |
| Issue Close | Jan 31, 2018 | Jan 25, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 08, 2018 | Feb 05, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Medico Remedies IPO P/E ratio is , as compared to Solex Energy IPO P/E ratio of .
| Medico Remedies IPO | Solex Energy IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹41.49 Cr. | ₹25.69 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Medico Remedies IPO Retail Individual Investors (RII) are offered 5,20,800 shares while in Solex Energy IPO retail investors are offered 5,20,800 shares. Qualified Institutional Buyers (QIB) are offered in Medico Remedies IPO and in Solex Energy IPO.
| Medico Remedies IPO | Solex Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 57,600 shares | 72,000 shares |
| QIB | ||
| NII | 5,20,800 shares | 6,54,000 shares |
| RII | 5,20,800 shares | 6,54,000 shares |
| Employee | ||
| Others | ||
| Total | 10,41,600 shares | 13,08,000 shares |
Medico Remedies IPO subscribed 1.84x in total, whereas Solex Energy IPO subscribed 20.16x.
| Medico Remedies IPO | Solex Energy IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.16x | 15.40x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.52x | 24.91x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.84x | 20.16x |
