Eurobond IPO vs Nidan Laboratories and Healthcare IPO

Comparision between Eurobond IPO and Nidan Laboratories and Healthcare IPO.

IPO Details

Eurobond IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Nidan Laboratories and Healthcare IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Eurobond IPO	Nidan Laboratories and Healthcare IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	First Overseas Capital Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	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 Eurobond IPO is up to ₹45.50 Cr whereas the issue size of the Nidan Laboratories and Healthcare IPO is up to ₹50.00 Cr. The final issue price of Eurobond IPO is ₹70.00 per share and of Nidan Laboratories and Healthcare IPO is ₹125.00 per share.

	Eurobond IPO	Nidan Laboratories and Healthcare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹70.00 per share	₹125.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	65,00,000 shares
Fresh Issue Size (Amount)	up to ₹45.50 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	65,00,000 shares	40,00,000 shares
Issue Size Total (Amount)	up to ₹45.50 Cr	up to ₹50.00 Cr

IPO Timetable

Eurobond IPO opens on Dec 14, 2021, while Nidan Laboratories and Healthcare IPO opens on Oct 28, 2021. The closing date of Eurobond IPO and Nidan Laboratories and Healthcare IPO is Dec 16, 2021, and Nov 02, 2021, respectively.

	Eurobond IPO	Nidan Laboratories and Healthcare IPO
Anchor Bid Date
Issue Open	Dec 14, 2021	Oct 28, 2021
Issue Close	Dec 16, 2021	Nov 02, 2021
Basis Of Allotment (Tentative)	Dec 21, 2021	Nov 09, 2021
Initiation of Refunds (Tentative)	Dec 22, 2021	Nov 10, 2021
Credit of Share (Tentative)	Dec 23, 2021	Nov 11, 2021
Listing date (Tentative)	Dec 24, 2021	Nov 12, 2021
Anchor Lockin End date 1	Jan 20, 2022	Dec 09, 2021
Anchor Lockin End date 2	Mar 21, 2022	Feb 07, 2022

Financials

Eurobond IPO P/E ratio is , as compared to Nidan Laboratories and Healthcare IPO P/E ratio of .

Eurobond IPO

Nidan Laboratories and Healthcare IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,531.84	1,452.13	1,329.74	948.24
Total Revenue	319.06	1,433.03	1,429.93	1,086.70
Profit After Tax	18.76	37.01	39.65	39.35

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	543.30	524.36	452.07	430.57
Total Revenue	78.45	218.53	221.91	209.72
Profit After Tax	10.87	23.02	7.14	2.23

Promoter Shareholding (Pre-Issue)

82.50%

99.99%

Promoter Shareholding (Post-Issue)

60.61%

71.22%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Eurobond IPO retail investors (RII) are offered 28,36,000 shares while in Nidan Laboratories and Healthcare IPO retail investors are offered 28,36,000 shares. Qualified institutional buyers (QIB) are offered in Eurobond IPO and in Nidan Laboratories and Healthcare IPO.

	Eurobond IPO	Nidan Laboratories and Healthcare IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,28,000 shares	2,00,000 shares
QIB
NII	28,36,000 shares	19,00,000 shares
RII	28,36,000 shares	19,00,000 shares
Employee	5,00,000 shares
Others
Total	56,72,000 shares	38,00,000 shares

Bids Received (Subscription)

Eurobond IPO subscribed 1.80x in total, whereas Nidan Laboratories and Healthcare IPO subscribed 1.80x.

	Eurobond IPO	Nidan Laboratories and Healthcare IPO
QIB (times)
NII (times)	1.66x	0.15x
Big NII (times)
Small NII (times)
RII (times)	1.92x	3.44x
Employee (times)	0.14x
Other (times)
Total (times)	1.80x	1.80x

Compare with others

Eurobond IPO	Nidan Laboratories and Healthcare IPO
Clara Industries IPO	Nupur Recyclers IPO
Brandbucket Media IPO	Eurobond IPO
Wherrelz IT Solutions IPO	DMR SME IPO
Foce India IPO	Omnipotent Industries IPO
Nupur Recyclers IPO	Suyog Gurbaxani Funicular Ropeways IPO
DMR SME IPO	Kotyark Industries IPO
Omnipotent Industries IPO	DK Enterprises Global IPO
Suyog Gurbaxani Funicular Ropeways IPO	CWD Limited IPO
Nidan Laboratories and Healthcare IPO	Adishakti Loha and Ispat IPO
Kotyark Industries IPO	Bombay Metrics Supply Chain IPO

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