Avience Biomedicals IPO vs Medistep Healthcare IPO

Comparison between Avience Biomedicals IPO and Medistep Healthcare IPO.

IPO Details

Avience Biomedicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Medistep Healthcare IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Avience Biomedicals IPO is up to ₹28.53 Cr whereas the issue size of the Medistep Healthcare IPO is up to ₹15.29 Cr. The final issue price of Avience Biomedicals IPO is ₹208.00 per share and of Medistep Healthcare IPO is ₹43.00 per share.

 Avience Biomedicals IPOMedistep Healthcare IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹196.00 per share
Issue Price (Upper)₹208.00 per share
Issue Price (Final)₹208.00 per share₹43.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size600 shares3000 shares
Fresh Issue Size13,71,600 shares35,55,000 shares
Fresh Issue Size (Amount)up to ₹28.53 Crup to ₹15.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,71,600 shares35,55,000 shares
Issue Size Total (Amount)up to ₹28.53 Crup to ₹15.29 Cr

IPO Timetable

Avience Biomedicals IPO opens on Jun 18, 2026, while Medistep Healthcare IPO opens on Aug 08, 2025. The closing date of Avience Biomedicals IPO and Medistep Healthcare IPO is Jun 22, 2026, and Aug 12, 2025, respectively.

 Avience Biomedicals IPOMedistep Healthcare IPO
Anchor Bid DateJun 17, 2026
Issue OpenJun 18, 2026Aug 08, 2025
Issue CloseJun 22, 2026Aug 12, 2025
Basis Of Allotment (Tentative)Jun 23, 2026Aug 13, 2025
Initiation of Refunds (Tentative)Jun 24, 2026Aug 14, 2025
Credit of Share (Tentative)Jun 24, 2026Aug 14, 2025
Listing date (Tentative)Jun 25, 2026Aug 18, 2025
Anchor Lockin End date 1Jul 23, 2026
Anchor Lockin End date 2Sep 21, 2026

Financials & KPIs

Avience Biomedicals IPO P/E ratio is 11.59, as compared to Medistep Healthcare IPO P/E ratio of 10.86.

 Avience Biomedicals IPOMedistep Healthcare IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Jan 202631 Mar 202531 Mar 2024
Assets66.0756.5234.65
Total Income41.9445.9724.37
Profit After Tax5.747.232.14
EBITDA10.3411.414.08
NET Worth28.5222.786.21
Reserves and Surplus24.4918.752.93
Total Borrowing26.7322.1615.13
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets22.9914.9614.66
Total Income49.6639.0827.74
Profit After Tax4.143.330.92
EBITDA5.604.541.34
NET Worth16.8311.691.07
Reserves and Surplus6.376.79
Total Borrowing0.640.330.53
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.89%93.62%
Promoter Shareholding (Post-Issue)64.59%68.96%
P/E Ratio11.5910.86
Market Cap₹114.09 Cr.₹61.10 Cr.
ROE50.1429.06
ROCE24.8438.91
Debt/Equity0.97
EPS₹17.94₹3.96
RoNW49.8929.06

Shares Offered

In the Avience Biomedicals IPO Retail Individual Investors (RII) are offered 4,81,200 shares while in Medistep Healthcare IPO retail investors are offered 4,81,200 shares. Qualified Institutional Buyers (QIB) are offered 2,73,600 shares in Avience Biomedicals IPO and 0 shares in Medistep Healthcare IPO.

 Avience Biomedicals IPOMedistep Healthcare IPO
Anchor Investor Reservation4,09,800 shares
Market Maker Reservation82,200 shares1,89,000 shares
QIB2,73,600 shares0 shares
NII2,07,000 shares17,76,000 shares
RII4,81,200 shares17,79,000 shares
Employee0 shares0 shares
Others
Total13,71,600 shares35,55,000 shares

Bids Received (Subscription)

Avience Biomedicals IPO subscribed 270.19x in total, whereas Medistep Healthcare IPO subscribed 375.20x.

 Avience Biomedicals IPOMedistep Healthcare IPO
QIB (times)196.77x
NII (times)597.23x289.15x
Big NII (times)670.18x
Small NII (times)451.35x
RII (times)401.36x461.11x
Employee (times)
Other (times)
Total (times)270.19x375.20x

Compare with others

Compare: