Comparison between Adeshwar Meditex IPO and Times Green Energy IPO.
IPO Details
Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Adeshwar Meditex IPO is up to ₹9.24 Cr whereas the issue size of the Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Times Green Energy IPO is ₹61.00 per share.
IPO Timetable
Adeshwar Meditex IPO opens on Jun 15, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Adeshwar Meditex IPO and Times Green Energy IPO is Jun 18, 2021, and Jun 22, 2021, respectively.
| | Adeshwar Meditex IPO | Times Green Energy IPO |
|---|
| Issue Open | Jun 15, 2021 | Jun 16, 2021 |
| Issue Close | Jun 18, 2021 | Jun 22, 2021 |
| Basis Of Allotment (Tentative) | Jun 23, 2021 | Jun 25, 2021 |
| Initiation of Refunds (Tentative) | Jun 24, 2021 | Jun 28, 2021 |
| Credit of Share (Tentative) | Jun 25, 2021 | Jun 29, 2021 |
| Listing date (Tentative) | Jun 28, 2021 | Jun 30, 2021 |
Financials & KPIs
Adeshwar Meditex IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
Shares Offered
In the Adeshwar Meditex IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Times Green Energy IPO retail investors are offered 18,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Adeshwar Meditex IPO and in Times Green Energy IPO.
| | Adeshwar Meditex IPO | Times Green Energy IPO |
|---|
| Market Maker Reservation | 2,04,000 shares | 40,000 shares |
| NII | 18,48,000 shares | 3,12,000 shares |
| RII | 18,48,000 shares | 3,12,000 shares |
| Total | 36,96,000 shares | 6,24,000 shares |
Bids Received (Subscription)
Adeshwar Meditex IPO subscribed 1.85x in total, whereas Times Green Energy IPO subscribed 2.94x.
