Aatmaj Healthcare IPO vs Veefin Solutions IPO

Comparison between Aatmaj Healthcare IPO and Veefin Solutions IPO.

IPO Details

Aatmaj Healthcare IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veefin Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Aatmaj Healthcare IPO is up to ₹36.47 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Aatmaj Healthcare IPO is ₹60.00 per share and of Veefin Solutions IPO is ₹82.00 per share.

 Aatmaj Healthcare IPOVeefin Solutions IPO
Face Value₹5 per share₹10 per share
Issue Price (Final)₹60.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size60,78,000 shares25,61,600 shares
Fresh Issue Size (Amount)up to ₹36.47 Crup to ₹21.01 Cr
OFS Issue Size0 shares28,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹23.37 Cr
Issue Size Total60,78,000 shares54,11,200 shares
Issue Size Total (Amount)up to ₹36.47 Crup to ₹44.37 Cr

IPO Timetable

Aatmaj Healthcare IPO opens on Jun 19, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Aatmaj Healthcare IPO and Veefin Solutions IPO is Jun 21, 2023, and Jun 26, 2023, respectively.

 Aatmaj Healthcare IPOVeefin Solutions IPO
Issue OpenJun 19, 2023Jun 22, 2023
Issue CloseJun 21, 2023Jun 26, 2023
Basis Of Allotment (Tentative)Jun 26, 2023Jun 30, 2023
Initiation of Refunds (Tentative)Jun 27, 2023Jul 03, 2023
Credit of Share (Tentative)Jun 29, 2023Jul 04, 2023
Listing date (Tentative)Jun 30, 2023Jul 05, 2023

Financials & KPIs

Aatmaj Healthcare IPO P/E ratio is 17.6, as compared to Veefin Solutions IPO P/E ratio of 41.41.

 Aatmaj Healthcare IPOVeefin Solutions IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202230 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets30.3223.2317.199.809.33
Total Income20.4813.4521.8117.264.37
Profit After Tax5.772.914.924.12-0.27
NET Worth13.8811.028.113.19-0.93
Reserves and Surplus5.785.626.761.84-2.28
Total Borrowing12.188.945.184.338.76
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Jan 202331 Mar 2022
Assets48.2216.08
Total Income12.626.55
Profit After Tax3.500.70
NET Worth42.939.25
Reserves and Surplus24.599.24
Total Borrowing0.513.46
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.89%56.26%
Promoter Shareholding (Post-Issue)63.72%39.84%
P/E Ratio17.641.41
Market Cap₹135.60 Cr.₹173.74 Cr.
ROE6113.42
ROCE69.8411.32
Debt/Equity0.140.01
EPS₹5.41₹0.48
RoNW60.687.57

Shares Offered

In the Aatmaj Healthcare IPO Retail Individual Investors (RII) are offered 30,39,500 shares while in Veefin Solutions IPO retail investors are offered 30,39,500 shares. Qualified Institutional Buyers (QIB) are offered in Aatmaj Healthcare IPO and 0 shares in Veefin Solutions IPO.

 Aatmaj Healthcare IPOVeefin Solutions IPO
Anchor Investor Reservation0 shares
Market Maker Reservation3,22,000 shares2,88,000 shares
QIB0 shares
NII30,39,500 shares27,05,600 shares
RII30,39,500 shares27,05,600 shares
Employee0 shares
Total60,79,000 shares54,11,200 shares

Bids Received (Subscription)

Aatmaj Healthcare IPO subscribed 33.53x in total, whereas Veefin Solutions IPO subscribed 2.45x.

 Aatmaj Healthcare IPOVeefin Solutions IPO
NII (times)36.78x3.26x
RII (times)30.27x1.65x
Total (times)33.53x2.45x

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Aatmaj Healthcare IPO Vs Veefin Solutions IPO