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Broach Lifecare Hospital IPO vs Solve Plastic Products IPO

Comparison between Broach Lifecare Hospital IPO and Solve Plastic Products IPO.

IPO Details

Broach Lifecare Hospital IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solve Plastic Products IPO is a SME Fixed Price proposed to list at NSE SME.

 Broach Lifecare Hospital IPOSolve Plastic Products IPO
LogoBroach Lifecare Hospital IPO LogoSolve Plastic Products IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFedex Securities Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Broach Lifecare Hospital IPO is up to ₹3.81 Cr whereas the issue size of the Solve Plastic Products IPO is up to ₹11.25 Cr. The final issue price of Broach Lifecare Hospital IPO is ₹25.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.

 Broach Lifecare Hospital IPOSolve Plastic Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹25.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1200 shares
Fresh Issue Size15,24,000 shares12,36,000 shares
Fresh Issue Size (Amount)up to ₹3.81 Crup to ₹11.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,24,000 shares12,36,000 shares
Issue Size Total (Amount)up to ₹3.81 Crup to ₹11.25 Cr

IPO Timetable

Broach Lifecare Hospital IPO opens on Aug 13, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of Broach Lifecare Hospital IPO and Solve Plastic Products IPO is Aug 16, 2024, and Aug 16, 2024, respectively.

 Broach Lifecare Hospital IPOSolve Plastic Products IPO
Anchor Bid Date
Issue OpenAug 13, 2024Aug 13, 2024
Issue CloseAug 16, 2024Aug 16, 2024
Basis Of Allotment (Tentative)Aug 19, 2024Aug 19, 2024
Initiation of Refunds (Tentative)Aug 20, 2024Aug 20, 2024
Credit of Share (Tentative)Aug 20, 2024Aug 20, 2024
Listing date (Tentative)Aug 21, 2024Aug 21, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Broach Lifecare Hospital IPO P/E ratio is 15.99, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

 Broach Lifecare Hospital IPOSolve Plastic Products IPO
Financials

Broach Lifecare Hospital Limited Financial Information (Restated)

Period Ended31 Mar 2024
Assets571.62
Total Income260.58
Profit After Tax69.76
Net Worth546.92
Reserves and Surplus100.68
Amount in ₹ Lakhs

Solve Plastic Products Limited Financial Information (Restated)

Solve Plastic Products Limited's revenue decreased by -24% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,211.531,874.271,822.99
Total Income4,715.736,225.435,577.89
Profit After Tax142.48120.27-40.71
Net Worth438.79192.5672.29
Reserves and Surplus132.16-110.94-231.21
Total Borrowing1,136.421,053.421,030.43
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.7490.22
Promoter Shareholding (Post-Issue)63.7763.33
P/E Ratio15.9923.2
Market Cap₹15.18 Cr.₹39.75 Cr.
ROE12.75%
ROCE12.77%
Debt/Equity2.83
EPS₹1.56₹3.92
RoNW12.75%32.47%

Shares Offered

In the Broach Lifecare Hospital IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Solve Plastic Products IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered in Broach Lifecare Hospital IPO and in Solve Plastic Products IPO.

 Broach Lifecare Hospital IPOSolve Plastic Products IPO
Anchor Investor Reserveration
Market Maker Reserveration84,000 shares66,000 shares
QIB
NII7,62,000 shares6,18,000 shares
RII7,62,000 shares6,18,000 shares
Employee
Others
Total15,24,000 shares12,36,000 shares

Bids Received (Subscription)

Broach Lifecare Hospital IPO subscribed 159.11x in total, whereas Solve Plastic Products IPO subscribed 34.23x.

 Broach Lifecare Hospital IPOSolve Plastic Products IPO
QIB (times)
NII (times)88.50x19.47x
Big NII (times)
Small NII (times)
RII (times)226.32x46.76x
Employee (times)
Other (times)
Total (times)159.11x34.23x