Hemant Surgical Industries IPO vs Spectrum Talent Management IPO

Comparison between Hemant Surgical Industries IPO and Spectrum Talent Management IPO.

IPO Details

Hemant Surgical Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Hemant Surgical Industries IPO is up to ₹23.54 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

 Hemant Surgical Industries IPOSpectrum Talent Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share₹169.00 per share
Issue Price (Upper)₹90.00 per share₹173.00 per share
Issue Price (Final)₹90.00 per share₹173.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares800 shares
Fresh Issue Size26,16,000 shares48,81,600 shares
Fresh Issue Size (Amount)up to ₹23.54 Crup to ₹84.45 Cr
OFS Issue Size0 shares8,92,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹15.43 Cr
Issue Size Total26,16,000 shares57,73,600 shares
Issue Size Total (Amount)up to ₹23.54 Crup to ₹99.88 Cr

IPO Timetable

Hemant Surgical Industries IPO opens on May 24, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Hemant Surgical Industries IPO and Spectrum Talent Management IPO is May 26, 2023, and Jun 14, 2023, respectively.

 Hemant Surgical Industries IPOSpectrum Talent Management IPO
Anchor Bid DateMay 23, 2023
Issue OpenMay 24, 2023Jun 09, 2023
Issue CloseMay 26, 2023Jun 14, 2023
Basis Of Allotment (Tentative)May 31, 2023Jun 19, 2023
Initiation of Refunds (Tentative)Jun 01, 2023Jun 20, 2023
Credit of Share (Tentative)Jun 02, 2023Jun 21, 2023
Listing date (Tentative)Jun 05, 2023Jun 22, 2023
Anchor Lockin End date 1Jun 30, 2023
Anchor Lockin End date 2Aug 29, 2023

Financials & KPIs

Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Spectrum Talent Management IPO P/E ratio of 15.

 Hemant Surgical Industries IPOSpectrum Talent Management IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets64.9154.3842.90
Total Income111.50105.7760.65
Profit After Tax7.654.611.15
NET Worth23.6012.988.37
Reserves and Surplus15.9211.156.53
Total Borrowing7.129.7414.46
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets86.5864.7946.3040.81
Total Income584.16483.72302.96323.62
Profit After Tax19.9715.534.766.76
NET Worth48.4528.2719.7615.00
Reserves and Surplus30.5419.7210.2610.25
Total Borrowing2.5510.270.614.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.5672.25
P/E Ratio12.2815
Market Cap₹93.96 Cr.₹89.71 Cr.
ROE32.42
ROCE37.98
Debt/Equity0.30
EPS₹10.26₹10.25
RoNW32.4242.99

Shares Offered

In the Hemant Surgical Industries IPO Retail Individual Investors (RII) are offered 9,16,800 shares while in Spectrum Talent Management IPO retail investors are offered 9,16,800 shares. Qualified Institutional Buyers (QIB) are offered 5,23,200 shares in Hemant Surgical Industries IPO and 5,76,000 shares in Spectrum Talent Management IPO.

 Hemant Surgical Industries IPOSpectrum Talent Management IPO
Anchor Investor Reservation7,82,400 shares
Market Maker Reservation1,44,000 shares3,04,000 shares
QIB5,23,200 shares5,76,000 shares
NII3,93,600 shares25,98,400 shares
RII9,16,800 shares25,99,200 shares
Employee
Others
Total26,16,000 shares57,73,600 shares

Bids Received (Subscription)

Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

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