Suraksha Diagnostic IPO vs Vishal Mega Mart IPO

Comparison between Suraksha Diagnostic IPO and Vishal Mega Mart IPO.

IPO Details

Suraksha Diagnostic IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vishal Mega Mart IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Suraksha Diagnostic IPO is up to ₹846.25 Cr whereas the issue size of the Vishal Mega Mart IPO is up to ₹8,000.00 Cr. The final issue price of Suraksha Diagnostic IPO is ₹441.00 per share and of Vishal Mega Mart IPO is ₹78.00 per share.

 Suraksha Diagnostic IPOVishal Mega Mart IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹420.00 per share₹74.00 per share
Issue Price (Upper)₹441.00 per share₹78.00 per share
Issue Price (Final)₹441.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size34 shares190 shares
Fresh Issue Size0 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size1,91,89,330 shares1,02,56,41,025 shares
OFS Issue Size (Amount)up to ₹846.25 Crup to ₹8,000.00 Cr
Issue Size Total1,91,89,330 shares1,02,56,41,025 shares
Issue Size Total (Amount)up to ₹846.25 Crup to ₹8,000.00 Cr

IPO Timetable

Suraksha Diagnostic IPO opens on Nov 29, 2024, while Vishal Mega Mart IPO opens on Dec 11, 2024. The closing date of Suraksha Diagnostic IPO and Vishal Mega Mart IPO is Dec 03, 2024, and Dec 13, 2024, respectively.

 Suraksha Diagnostic IPOVishal Mega Mart IPO
Anchor Bid DateNov 28, 2024Dec 10, 2024
Issue OpenNov 29, 2024Dec 11, 2024
Issue CloseDec 03, 2024Dec 13, 2024
Basis Of Allotment (Tentative)Dec 04, 2024Dec 16, 2024
Initiation of Refunds (Tentative)Dec 05, 2024Dec 17, 2024
Credit of Share (Tentative)Dec 05, 2024Dec 17, 2024
Listing date (Tentative)Dec 06, 2024Dec 18, 2024
Anchor Lockin End date 1Jan 03, 2025Jan 14, 2025
Anchor Lockin End date 2Mar 04, 2025Mar 15, 2025

Financials & KPIs

Suraksha Diagnostic IPO P/E ratio is 99.31, as compared to Vishal Mega Mart IPO P/E ratio of 76.13.

 Suraksha Diagnostic IPOVishal Mega Mart IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets314.20300.21281.20275.96
Total Income61.85222.26193.69225.77
Profit After Tax7.6723.136.0720.82
NET Worth187.05179.41155.93145.84
Reserves and Surplus176.80170.88147.40137.31
Total Borrowing7.578.6414.0119.03
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets9,551.758,506.088,288.918,217.98
Total Income5,053.428,945.137,618.895,653.85
Profit After Tax254.14461.94321.27202.77
NET Worth5,923.745,646.595,180.844,849.93
Reserves and Surplus1,390.271,113.12649.50321.88
Total Borrowing133.50497.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)61.0798.77
Promoter Shareholding (Post-Issue)48.7876.02
P/E Ratio99.3176.13
Market Cap₹2296.76 Cr.₹35168.01 Cr.
ROE14.09%
ROCE21.46%68.76%
Debt/Equity0.20
EPS₹4.44₹1.02
RoNW14.09%8.18%

Shares Offered

In the Suraksha Diagnostic IPO Retail Individual Investors (RII) are offered 67,16,266 shares while in Vishal Mega Mart IPO retail investors are offered 67,16,266 shares. Qualified Institutional Buyers (QIB) are offered 38,37,867 shares in Suraksha Diagnostic IPO and 20,51,28,205 shares in Vishal Mega Mart IPO.

 Suraksha Diagnostic IPOVishal Mega Mart IPO
Anchor Investor Reservation57,56,797 shares30,76,92,307 shares
Market Maker Reservation
QIB38,37,867 shares20,51,28,205 shares
NII28,78,400 shares15,38,46,154 shares
RII67,16,266 shares35,89,74,359 shares
Employee
Others
Total1,91,89,330 shares1,02,56,41,025 shares

Bids Received (Subscription)

Suraksha Diagnostic IPO subscribed 1.27x in total, whereas Vishal Mega Mart IPO subscribed 28.75x.

 Suraksha Diagnostic IPOVishal Mega Mart IPO
QIB (times)1.74x85.11x
NII (times)1.40x15.01x
Big NII (times)1.53x17.34x
Small NII (times)1.16x10.37x
RII (times)0.94x2.43x
Employee (times)
Other (times)
Total (times)1.27x28.75x

Compare with others

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Suraksha Diagnostic IPO Vs Vishal Mega Mart IPO