Medicamen Organics IPO vs Winny Immigration IPO

Comparison between Medicamen Organics IPO and Winny Immigration IPO.

IPO Details

Medicamen Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Winny Immigration IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Medicamen Organics IPO is up to ₹9.96 Cr whereas the issue size of the Winny Immigration IPO is up to ₹8.65 Cr. The final issue price of Medicamen Organics IPO is ₹34.00 per share and of Winny Immigration IPO is ₹140.00 per share.

 Medicamen Organics IPOWinny Immigration IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹32.00 per share
Issue Price (Upper)₹34.00 per share
Issue Price (Final)₹34.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1000 shares
Fresh Issue Size29,28,000 shares6,18,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹8.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,28,000 shares6,18,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹8.65 Cr

IPO Timetable

Medicamen Organics IPO opens on Jun 21, 2024, while Winny Immigration IPO opens on Jun 20, 2024. The closing date of Medicamen Organics IPO and Winny Immigration IPO is Jun 25, 2024, and Jun 24, 2024, respectively.

 Medicamen Organics IPOWinny Immigration IPO
Anchor Bid DateJun 20, 2024
Issue OpenJun 21, 2024Jun 20, 2024
Issue CloseJun 25, 2024Jun 24, 2024
Basis Of Allotment (Tentative)Jun 26, 2024Jun 25, 2024
Initiation of Refunds (Tentative)Jun 27, 2024Jun 26, 2024
Credit of Share (Tentative)Jun 27, 2024Jun 26, 2024
Listing date (Tentative)Jun 28, 2024Jun 27, 2024
Anchor Lockin End date 1Jul 26, 2024
Anchor Lockin End date 2Sep 24, 2024

Financials & KPIs

Medicamen Organics IPO P/E ratio is 30.53, as compared to Winny Immigration IPO P/E ratio of 54.12.

 Medicamen Organics IPOWinny Immigration IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets38.5832.1227.0726.34
Total Income25.2922.9621.1925.06
Profit After Tax2.400.960.090.30
NET Worth15.188.527.567.47
Reserves and Surplus6.582.521.561.47
Total Borrowing12.6611.8010.259.59
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets5.435.422.76
Total Income11.0211.9810.04
Profit After Tax0.391.451.28
NET Worth2.311.910.47
Reserves and Surplus0.791.880.43
Total Borrowing2.072.321.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.2183.63
Promoter Shareholding (Post-Issue)58.51
P/E Ratio30.5354.12
Market Cap₹39.78 Cr.₹30.38 Cr.
ROE19.90%18.60%
ROCE14.50%15.74%
Debt/Equity0.830.90
EPS₹1.11₹2.59
RoNW15.8317.02%

Shares Offered

In the Medicamen Organics IPO Retail Individual Investors (RII) are offered 10,28,000 shares while in Winny Immigration IPO retail investors are offered 10,28,000 shares. Qualified Institutional Buyers (QIB) are offered 5,84,000 shares in Medicamen Organics IPO and in Winny Immigration IPO.

 Medicamen Organics IPOWinny Immigration IPO
Anchor Investor Reservation8,76,000 shares
Market Maker Reservation1,72,000 shares34,000 shares
QIB5,84,000 shares
NII4,40,000 shares3,09,000 shares
RII10,28,000 shares3,09,000 shares
Employee
Others
Total29,28,000 shares6,18,000 shares

Bids Received (Subscription)

Medicamen Organics IPO subscribed 993.56x in total, whereas Winny Immigration IPO subscribed 154.67x.

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