Asarfi Hospital IPO vs Vinsys IT Services IPO

Comparision between Asarfi Hospital IPO and Vinsys IT Services IPO.

IPO Details

Asarfi Hospital IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vinsys IT Services IPO is a SME Book Built Issue proposed to list at NSE SME.

	Asarfi Hospital IPO	Vinsys IT Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
Market Maker	Hem Finlease Private Limited	Sunflower Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Asarfi Hospital IPO is up to ₹26.94 Cr whereas the issue size of the Vinsys IT Services IPO is up to ₹49.84 Cr. The final issue price of Asarfi Hospital IPO is ₹52.00 per share and of Vinsys IT Services IPO is ₹128.00 per share.

	Asarfi Hospital IPO	Vinsys IT Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹121.00 per share
Issue Price (Upper)	₹52.00 per share	₹128.00 per share
Issue Price (Final)	₹52.00 per share	₹128.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	51,80,000 shares	38,94,000 shares
Fresh Issue Size (Amount)	up to ₹26.94 Cr	up to ₹49.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,80,000 shares	38,94,000 shares
Issue Size Total (Amount)	up to ₹26.94 Cr	up to ₹49.84 Cr

IPO Timetable

Asarfi Hospital IPO opens on Jul 17, 2023, while Vinsys IT Services IPO opens on Aug 01, 2023. The closing date of Asarfi Hospital IPO and Vinsys IT Services IPO is Jul 19, 2023, and Aug 04, 2023, respectively.

	Asarfi Hospital IPO	Vinsys IT Services IPO
Anchor Bid Date	Jul 14, 2023	Jul 31, 2023
Issue Open	Jul 17, 2023	Aug 01, 2023
Issue Close	Jul 19, 2023	Aug 04, 2023
Basis Of Allotment (Tentative)	Jul 24, 2023	Aug 09, 2023
Initiation of Refunds (Tentative)	Jul 25, 2023	Aug 10, 2023
Credit of Share (Tentative)	Jul 26, 2023	Aug 11, 2023
Listing date (Tentative)	Jul 26, 2023	Aug 11, 2023
Anchor Lockin End date 1	Aug 23, 2023	Sep 08, 2023
Anchor Lockin End date 2	Oct 22, 2023	Nov 07, 2023

Financials

Asarfi Hospital IPO P/E ratio is 12.78, as compared to Vinsys IT Services IPO P/E ratio of 12.51.

Asarfi Hospital IPO

Vinsys IT Services IPO

Financial

Asarfi Hospital Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	3,729.45	5,439.90	353.43	1,689.90	1,564.95	713.36
31-Mar-22	6,270.24	6,619.54	572.84	2,262.73	2,137.78	1,163.31
31-Mar-23	9,342.71	7,303.26	801.53	4,184.26	2,734.53	1,720.20
Amount in ₹ Lakhs

Vinsys IT Services Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	2,739.97	2,041.04	34.78	773.51	673.51	1,427.08
31-Mar-22	3,493.16	3,202.69	-51.61	716.07	616.07	2,050.32
31-Mar-23	7,293.60	9,632.25	1,501.38	2,472.51	1,472.51	2,310.80
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.03%

92.74%

Promoter Shareholding (Post-Issue)

61.17%

68.13%

P/E Ratio

12.78

12.51

Market Cap

₹102.32 Cr.

₹187.88 Cr.

ROE

19.16%%

94.17%%

ROCE

19.91%%

51.46%%

Debt/Equity

0.41

0.93

EPS

₹7.58

₹15.01

RoNW

19.16%

60.72%%

Shares Offered

In the Asarfi Hospital IPO retail investors (RII) are offered 17,22,000 shares while in Vinsys IT Services IPO retail investors are offered 17,22,000 shares. Qualified institutional buyers (QIB) are offered 9,84,000 shares in Asarfi Hospital IPO and 7,40,000 shares in Vinsys IT Services IPO.

	Asarfi Hospital IPO	Vinsys IT Services IPO
Anchor Investor Reserveration	14,76,000 shares	11,08,000 shares
Market Maker Reserveration	2,60,000 shares	1,95,000 shares
QIB	9,84,000 shares	7,40,000 shares
NII	7,38,000 shares	5,56,000 shares
RII	17,22,000 shares	12,95,000 shares
Employee	0 shares	0 shares
Others
Total	34,44,000 shares	25,91,000 shares

Bids Received (Subscription)

Asarfi Hospital IPO subscribed 195.14x in total, whereas Vinsys IT Services IPO subscribed 89.00x.

	Asarfi Hospital IPO	Vinsys IT Services IPO
QIB (times)	50.60x	36.95x
NII (times)	451.62x	105.75x
Big NII (times)
Small NII (times)
RII (times)	167.81x	111.56x
Employee (times)
Other (times)
Total (times)	195.14x	89.00x

Compare with others

Asarfi Hospital IPO	Vinsys IT Services IPO
Vinsys IT Services IPO	Yudiz Solutions IPO
Yasons Chemex Care IPO	Zeal Global Services IPO
Committed Cargo Care IPO	Oriana Power IPO
Khazanchi Jewellers IPO	Innovatus Entertainment Networks IPO
Srivari Spices and Foods IPO	Shri Techtex IPO
Service Care IPO	Yasons Chemex Care IPO
Ahasolar Technologies IPO	Committed Cargo Care IPO
Drone Destination IPO	Khazanchi Jewellers IPO
AccelerateBS India IPO	Srivari Spices and Foods IPO
Synoptics Technologies IPO	Asarfi Hospital IPO

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