Aster DM Healthcare IPO vs Karda Construction IPO

Comparision between Aster DM Healthcare IPO and Karda Construction IPO.

IPO Details

Aster DM Healthcare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Karda Construction IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aster DM Healthcare IPO	Karda Construction IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Bank Limited Goldman Sachs (India) Securities Private Limited ICICI Securities Limited Jm Financial Limited Kotak Mahindra Capital Company Limited Yes Securities (India) Limited	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aster DM Healthcare IPO is up to ₹980.14 Cr whereas the issue size of the Karda Construction IPO is up to ₹77.40 Cr. The final issue price of Aster DM Healthcare IPO is ₹190.00 per share and of Karda Construction IPO is ₹180.00 per share.

	Aster DM Healthcare IPO	Karda Construction IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹180.00 per share	₹175.00 per share
Issue Price (Upper)	₹190.00 per share	₹180.00 per share
Issue Price (Final)	₹190.00 per share	₹180.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	78 shares	80 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹725.00 Cr
OFS Issue Size	1,34,28,251 shares
OFS Issue Size (Amount)
Issue Size Total		43,00,000 shares
Issue Size Total (Amount)	up to ₹980.14 Cr	up to ₹77.40 Cr

IPO Timetable

Aster DM Healthcare IPO opens on Feb 12, 2018, while Karda Construction IPO opens on Mar 16, 2018. The closing date of Aster DM Healthcare IPO and Karda Construction IPO is Feb 15, 2018, and Mar 21, 2018, respectively.

	Aster DM Healthcare IPO	Karda Construction IPO
Anchor Bid Date
Issue Open	Feb 12, 2018	Mar 16, 2018
Issue Close	Feb 15, 2018	Mar 21, 2018
Basis Of Allotment (Tentative)	Feb 22, 2018	Mar 26, 2018
Initiation of Refunds (Tentative)	Feb 22, 2018	Mar 27, 2018
Credit of Share (Tentative)	Feb 23, 2018	Mar 28, 2018
Listing date (Tentative)	Feb 26, 2018	Apr 02, 2018
Anchor Lockin End date 1	Mar 24, 2018	Apr 25, 2018
Anchor Lockin End date 2	May 23, 2018	Jun 24, 2018

Financials

Aster DM Healthcare IPO P/E ratio is , as compared to Karda Construction IPO P/E ratio of .

Aster DM Healthcare IPO

Karda Construction IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15 (Proforma)
Total Assets	68,072.77	57,557.82	44,120.27
Total Revenue	59,679.02	52,751.63	38,990.49
Profit After Tax	2,667.47	82.11	2,721.07

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	24,853.72	24,961.42	23,304.63	18,612.39	16,238.73
Total Revenue	11,002.26	10,593.47	4,653.44	5,907.39	4,328.65
Profit After Tax	803.14	637.43	307.56	360.55	270.39

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aster DM Healthcare IPO retail investors (RII) are offered 1,80,55,151 shares while in Karda Construction IPO retail investors are offered 1,80,55,151 shares. Qualified institutional buyers (QIB) are offered 1,03,17,229 shares in Aster DM Healthcare IPO and 4,30,000 shares in Karda Construction IPO.

	Aster DM Healthcare IPO	Karda Construction IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,03,17,229 shares	4,30,000 shares
NII	77,37,922 shares	17,20,000 shares
RII	1,80,55,151 shares	21,50,000 shares
Employee
Others
Total	3,61,10,302 shares	43,00,000 shares

Bids Received (Subscription)

Aster DM Healthcare IPO subscribed 1.31x in total, whereas Karda Construction IPO subscribed 2.53x.

	Aster DM Healthcare IPO	Karda Construction IPO
QIB (times)	2.10x	1.55x
NII (times)	0.55x	3.44x
Big NII (times)
Small NII (times)
RII (times)	1.18x	2.01x
Employee (times)
Other (times)
Total (times)	1.31x	2.53x

Compare with others

Aster DM Healthcare IPO	Karda Construction IPO
Karda Construction IPO	IndoStar Capital Finance IPO
Hindustan Aeronautics IPO	Lemon Tree Hotels IPO
Bharat Dynamics IPO	ICICI Securities IPO
Bandhan Bank IPO	Mishra Dhatu Nigam IPO
HG Infra IPO	Sandhar Technologies IPO
Galaxy Surfactants IPO	Hindustan Aeronautics IPO
Amber Enterprises IPO	Bharat Dynamics IPO
Newgen Software IPO	Bandhan Bank IPO
Apollo Micro Systems IPO	HG Infra IPO
Shalby Hospital IPO	Aster DM Healthcare IPO

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