Medplus Health IPO vs Tracxn Technologies IPO

Comparison between Medplus Health IPO and Tracxn Technologies IPO.

IPO Details

Medplus Health IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tracxn Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Medplus Health IPO is up to ₹1,398.29 Cr whereas the issue size of the Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of Medplus Health IPO is ₹796.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.

 Medplus Health IPOTracxn Technologies IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹780.00 per share₹75.00 per share
Issue Price (Upper)₹796.00 per share₹80.00 per share
Issue Price (Final)₹796.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹78.00 per share
Market Lot Size18 shares185 shares
Fresh Issue Size75,44,511 shares0 shares
Fresh Issue Size (Amount)up to ₹600.31 Crup to ₹0.00 Cr
OFS Issue Size1,00,28,831 shares3,86,72,208 shares
OFS Issue Size (Amount)up to ₹797.98 Crup to ₹309.38 Cr
Issue Size Total1,75,73,342 shares3,86,72,208 shares
Issue Size Total (Amount)up to ₹1,398.29 Crup to ₹309.38 Cr

IPO Timetable

Medplus Health IPO opens on Dec 13, 2021, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of Medplus Health IPO and Tracxn Technologies IPO is Dec 15, 2021, and Oct 12, 2022, respectively.

 Medplus Health IPOTracxn Technologies IPO
Anchor Bid DateDec 10, 2021Oct 07, 2022
Issue OpenDec 13, 2021Oct 10, 2022
Issue CloseDec 15, 2021Oct 12, 2022
Basis Of Allotment (Tentative)Dec 20, 2021Oct 17, 2022
Initiation of Refunds (Tentative)Dec 21, 2021Oct 18, 2022
Credit of Share (Tentative)Dec 22, 2021Oct 19, 2022
Listing date (Tentative)Dec 23, 2021Oct 20, 2022
Anchor Lockin End date 1Jan 19, 2022Nov 16, 2022
Anchor Lockin End date 2Mar 20, 2022Jan 15, 2023

Financials & KPIs

Medplus Health IPO P/E ratio is , as compared to Tracxn Technologies IPO P/E ratio of 240.

 Medplus Health IPOTracxn Technologies IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)43.1650.93
Promoter Shareholding (Post-Issue)40.4335.65
P/E Ratio240
Market Cap₹9496.73 Cr.₹802.48 Cr.
ROE-24
ROCE-28
Debt/Equity
EPS₹-0.48
RoNW-23.49

Shares Offered

In the Medplus Health IPO Retail Individual Investors (RII) are offered 61,26,297 shares while in Tracxn Technologies IPO retail investors are offered 61,26,297 shares. Qualified Institutional Buyers (QIB) are offered 35,00,741 shares in Medplus Health IPO and 1,16,01,663 shares in Tracxn Technologies IPO.

 Medplus Health IPOTracxn Technologies IPO
Anchor Investor Reservation52,51,111 shares1,74,02,494 shares
Market Maker Reservation
QIB35,00,741 shares1,16,01,663 shares
NII26,25,556 shares58,00,831 shares
RII61,26,297 shares38,67,220 shares
Employee69,637 shares
Others
Total1,75,73,342 shares3,86,72,208 shares

Bids Received (Subscription)

Medplus Health IPO subscribed 52.59x in total, whereas Tracxn Technologies IPO subscribed 2.01x.

 Medplus Health IPOTracxn Technologies IPO
QIB (times)111.90x1.66x
NII (times)85.33x0.80x
Big NII (times)0.72x
Small NII (times)0.94x
RII (times)5.24x4.87x
Employee (times)3.05x
Other (times)
Total (times)52.59x2.01x

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Medplus Health IPO Vs Tracxn Technologies IPO