Aashka Hospitals IPO vs Gretex Corporate Services IPO

Comparision between Aashka Hospitals IPO and Gretex Corporate Services IPO.

IPO Details

Aashka Hospitals IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Gretex Corporate Services IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Aashka Hospitals IPO	Gretex Corporate Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Fedex Securities Pvt Ltd	Aryaman Financial Services Limited
Registrar	Accurate Securities & Registry Private Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aashka Hospitals IPO is up to ₹101.64 Cr whereas the issue size of the Gretex Corporate Services IPO is up to ₹5.13 Cr. The final issue price of Aashka Hospitals IPO is ₹121.00 per share and of Gretex Corporate Services IPO is ₹170.00 per share.

	Aashka Hospitals IPO	Gretex Corporate Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹121.00 per share	₹170.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	800 shares
Fresh Issue Size	54,00,000 shares	2,37,600 shares
Fresh Issue Size (Amount)	up to ₹65.34 Cr	up to ₹4.04 Cr
OFS Issue Size	30,00,000 shares	64,000 shares
OFS Issue Size (Amount)	up to ₹36.30 Cr	up to ₹1.09 Cr
Issue Size Total	84,00,000 shares	3,01,600 shares
Issue Size Total (Amount)	up to ₹101.64 Cr	up to ₹5.13 Cr

IPO Timetable

Aashka Hospitals IPO opens on Aug 10, 2021, while Gretex Corporate Services IPO opens on Jul 27, 2021. The closing date of Aashka Hospitals IPO and Gretex Corporate Services IPO is Aug 24, 2021, and Jul 30, 2021, respectively.

	Aashka Hospitals IPO	Gretex Corporate Services IPO
Anchor Bid Date
Issue Open	Aug 10, 2021	Jul 27, 2021
Issue Close	Aug 24, 2021	Jul 30, 2021
Basis Of Allotment (Tentative)	Aug 30, 2021	Aug 04, 2021
Initiation of Refunds (Tentative)	Aug 31, 2021	Aug 05, 2021
Credit of Share (Tentative)	Aug 31, 2021	Aug 06, 2021
Listing date (Tentative)	Sep 01, 2021	Aug 09, 2021
Anchor Lockin End date 1	Sep 29, 2021	Sep 03, 2021
Anchor Lockin End date 2	Nov 28, 2021	Nov 02, 2021

Financials

Aashka Hospitals IPO P/E ratio is , as compared to Gretex Corporate Services IPO P/E ratio of .

Aashka Hospitals IPO

Gretex Corporate Services IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	6,508.14	6,004.73	5,405.18
Total Revenue	4,069.23	2,725.14	2,772.55
Profit After Tax	411.39	137.91	136.27

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,011.22	838.21	946.16
Total Revenue	324.63	145.31	315.53
Profit After Tax	71.41	(115.21)	24.97

Promoter Shareholding (Pre-Issue)

91.67%

100%

Promoter Shareholding (Post-Issue)

61.24%

73.48%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aashka Hospitals IPO retail investors (RII) are offered 39,60,000 shares while in Gretex Corporate Services IPO retail investors are offered 39,60,000 shares. Qualified institutional buyers (QIB) are offered in Aashka Hospitals IPO and in Gretex Corporate Services IPO.

	Aashka Hospitals IPO	Gretex Corporate Services IPO
Anchor Investor Reserveration
Market Maker Reserveration	4,80,000 shares	15,200 shares
QIB
NII	39,60,000 shares	1,43,200 shares
RII	39,60,000 shares	1,43,200 shares
Employee
Others
Total	84,00,000 shares	2,86,400 shares

Bids Received (Subscription)

Aashka Hospitals IPO subscribed 1.30x in total, whereas Gretex Corporate Services IPO subscribed 7.27x.

	Aashka Hospitals IPO	Gretex Corporate Services IPO
QIB (times)
NII (times)	2.02x	2.37x
Big NII (times)
Small NII (times)
RII (times)	0.75x	12.17x
Employee (times)
Other (times)
Total (times)	1.30x	7.27x

Compare with others

Aashka Hospitals IPO	Gretex Corporate Services IPO
Platinumone Business Services IPO	BEW Engineering IPO
Naapbooks Limited IPO	SBL Infratech Limited IPO
BEW Engineering IPO	DU Digital Technologies IPO
SBL Infratech Limited IPO	Aashka Hospitals IPO
DU Digital Technologies IPO	NPST IPO
NPST IPO	Rex Pipes and Cables IPO
Gretex Corporate Services IPO	AA Plus Tradelink IPO
Rex Pipes and Cables IPO	Walpar Nutritions IPO
AA Plus Tradelink IPO	Focus Business Solution IPO
Walpar Nutritions IPO	Times Green Energy IPO

Comments

Add a public comment...