Cian Healthcare IPO vs White Organic Retail IPO

Comparison between Cian Healthcare IPO and White Organic Retail IPO.

IPO Details

Cian Healthcare IPO is a SME Fixed Price IPO proposed to list at BSE SME while White Organic Retail IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Cian Healthcare IPO is up to ₹35.99 Cr whereas the issue size of the White Organic Retail IPO is up to ₹14.68 Cr. The final issue price of Cian Healthcare IPO is ₹61.00 per share and of White Organic Retail IPO is ₹63.00 per share.

 Cian Healthcare IPOWhite Organic Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹59.00 per share
Issue Price (Upper)₹65.00 per share
Issue Price (Final)₹61.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size59,00,000 shares23,30,000 shares
Fresh Issue Size (Amount)up to ₹35.99 Crup to ₹14.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total59,00,000 shares23,30,000 shares
Issue Size Total (Amount)up to ₹35.99 Crup to ₹14.68 Cr

IPO Timetable

Cian Healthcare IPO opens on May 02, 2019, while White Organic Retail IPO opens on Apr 26, 2019. The closing date of Cian Healthcare IPO and White Organic Retail IPO is May 15, 2019, and May 02, 2019, respectively.

 Cian Healthcare IPOWhite Organic Retail IPO
Issue OpenMay 02, 2019Apr 26, 2019
Issue CloseMay 15, 2019May 02, 2019
Basis Of Allotment (Tentative)May 20, 2019May 07, 2019
Initiation of Refunds (Tentative)May 21, 2019May 08, 2019
Credit of Share (Tentative)May 22, 2019May 09, 2019
Listing date (Tentative)May 23, 2019May 10, 2019

Financials & KPIs

Cian Healthcare IPO P/E ratio is , as compared to White Organic Retail IPO P/E ratio of .

 Cian Healthcare IPOWhite Organic Retail IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets85.9077.6261.2856.82
Total Income44.4859.5951.8547.16
Profit After Tax5.253.762.241.37
NET Worth25.3616.8013.0410.81
Reserves and Surplus8.2115.4011.649.41
Total Borrowing43.3747.6439.6831.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets60.2350.1714.4812.77
Total Income116.3584.002.551.07
Profit After Tax4.513.020.590.24
EBITDA6.254.380.860.35
NET Worth0.000.000.000.00
Reserves and Surplus20.374.481.460.87
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.6%100%
Promoter Shareholding (Post-Issue)97.09%55.01%
Market Cap₹142.50 Cr.₹34.36 Cr.

Shares Offered

In the Cian Healthcare IPO Retail Individual Investors (RII) are offered 29,50,000 shares while in White Organic Retail IPO retail investors are offered 29,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Cian Healthcare IPO and in White Organic Retail IPO.

 Cian Healthcare IPOWhite Organic Retail IPO
Market Maker Reservation3,16,000 shares1,24,000 shares
NII29,50,000 shares11,64,000 shares
RII29,50,000 shares11,66,000 shares
Total59,00,000 shares23,30,000 shares

Bids Received (Subscription)

Cian Healthcare IPO subscribed 1.25x in total, whereas White Organic Retail IPO subscribed 1.36x.

 Cian Healthcare IPOWhite Organic Retail IPO
NII (times)1.91x2.03x
RII (times)0.59x0.70x
Total (times)1.25x1.36x

Compare with others

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Cian Healthcare IPO Vs White Organic Retail IPO