FREE Account Opening + No Clearing Fees
Loading...

Comrade Appliances IPO vs Hemant Surgical Industries IPO

Comparision between Comrade Appliances IPO and Hemant Surgical Industries IPO.

IPO Details

Comrade Appliances IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Hemant Surgical Industries IPO is a SME Book Built Issue proposed to list at BSE SME.

  Comrade Appliances IPO Hemant Surgical Industries IPO
Logo Comrade Appliances IPO Logo Hemant Surgical Industries IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At BSE SME BSE SME
Lead Managers Gretex Corporate Services Limited Hem Securities Limited
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker Gretex Share Broking Private Limited Hem Finlease 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 Comrade Appliances IPO is up to ₹12.30 Cr whereas the issue size of the Hemant Surgical Industries IPO is up to ₹24.84 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Hemant Surgical Industries IPO is ₹90.00 per share.

  Comrade Appliances IPO Hemant Surgical Industries IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹52.00 per share ₹85.00 per share
Issue Price (Upper) ₹54.00 per share ₹90.00 per share
Issue Price (Final) ₹54.00 per share ₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 1600 shares
Fresh Issue Size 22,78,000 shares 27,60,000 shares
Fresh Issue Size (Amount) up to ₹12.30 Cr up to ₹24.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 22,78,000 shares 27,60,000 shares
Issue Size Total (Amount) up to ₹12.30 Cr up to ₹24.84 Cr

IPO Timetable

Comrade Appliances IPO opens on May 31, 2023, while Hemant Surgical Industries IPO opens on May 24, 2023. The closing date of Comrade Appliances IPO and Hemant Surgical Industries IPO is Jun 05, 2023, and May 26, 2023, respectively.

  Comrade Appliances IPO Hemant Surgical Industries IPO
Anchor Bid Date May 30, 2023 May 23, 2023
Issue Open May 31, 2023 May 24, 2023
Issue Close Jun 05, 2023 May 26, 2023
Basis Of Allotment (Tentative) Jun 08, 2023 May 31, 2023
Initiation of Refunds (Tentative) Jun 09, 2023 Jun 01, 2023
Credit of Share (Tentative) Jun 12, 2023 Jun 02, 2023
Listing date (Tentative) Jun 13, 2023 Jun 05, 2023
Anchor Lockin End date 1 Jul 08, 2023 Jun 30, 2023
Anchor Lockin End date 2 Sep 06, 2023 Aug 29, 2023

Financials

Comrade Appliances IPO P/E ratio is 17.14, as compared to Hemant Surgical Industries IPO P/E ratio of 12.28.

  Comrade Appliances IPO Hemant Surgical Industries IPO
Financial
Comrade Appliances Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,678.982,162.2941.80293.40-38.97400.93
31-Mar-213,140.652,603.8520.21241.77-90.601,412.38
31-Mar-222,527.312,973.2838.75502.43-14.871,113.79
31-Mar-232,753.182,699.43163.57689.41164.331,766.48
Amount in ₹ Lakhs
Hemant Surgical Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-214,289.846,065.19114.53836.61653.381,446.35
31-Mar-225,437.5910,577.02461.401,298.011,114.78973.80
31-Mar-236,490.7911,149.68765.112,359.901,591.90711.92
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 100.00%
Promoter Shareholding (Post-Issue) 69.74% 73.56%
P/E Ratio 17.14 12.28
Market Cap ₹40.66 Cr. ₹93.96 Cr.
ROE 0.27%% 32.42%%
ROCE 0.16%% 37.98%%
Debt/Equity 1.96 0.3
EPS ₹3.15 ₹10.26
RoNW 23.73%% 32.42%%

Shares Offered

In the Comrade Appliances IPO retail investors (RII) are offered 7,58,000 shares while in Hemant Surgical Industries IPO retail investors are offered 7,58,000 shares. Qualified institutional buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and 5,23,200 shares in Hemant Surgical Industries IPO.

  Comrade Appliances IPO Hemant Surgical Industries IPO
Anchor Investor Reserveration 6,48,000 shares 7,82,400 shares
Market Maker Reserveration 1,14,000 shares 1,44,000 shares
QIB 4,32,000 shares 5,23,200 shares
NII 3,26,000 shares 3,93,600 shares
RII 7,58,000 shares 9,16,800 shares
Employee 0 shares 0 shares
Others
Total 15,16,000 shares 18,33,600 shares

Bids Received (Subscription)

Comrade Appliances IPO subscribed 77.25x in total, whereas Hemant Surgical Industries IPO subscribed 150.59x.

  Comrade Appliances IPO Hemant Surgical Industries IPO
QIB (times) 21.86x 41.05x
NII (times) 162.67x 277.26x
Big NII (times)
Small NII (times)
RII (times) 72.08x 158.73x
Employee (times)
Other (times)
Total (times) 77.25x 150.59x

Comments

Add a public comment...