Hemant Surgical Industries IPO vs Proventus Agrocom IPO

Comparision between Hemant Surgical Industries IPO and Proventus Agrocom IPO.

IPO Details

Hemant Surgical Industries IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Proventus Agrocom IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Hemant Surgical Industries IPO	Proventus Agrocom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Sundae Capital Advisors
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Ajcon Global Services Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Hemant Surgical Industries IPO is up to ₹24.84 Cr whereas the issue size of the Proventus Agrocom IPO is up to ₹69.54 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.

	Hemant Surgical Industries IPO	Proventus Agrocom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹85.00 per share
Issue Price (Upper)	₹90.00 per share
Issue Price (Final)	₹90.00 per share	₹771.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	160 shares
Fresh Issue Size	27,60,000 shares	6,71,773 shares
Fresh Issue Size (Amount)	up to ₹24.84 Cr	up to ₹51.79 Cr
OFS Issue Size		2,30,147 shares
OFS Issue Size (Amount)		up to ₹17.74 Cr
Issue Size Total	27,60,000 shares	9,01,920 shares
Issue Size Total (Amount)	up to ₹24.84 Cr	up to ₹69.54 Cr

IPO Timetable

Hemant Surgical Industries IPO opens on May 24, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of Hemant Surgical Industries IPO and Proventus Agrocom IPO is May 26, 2023, and May 26, 2023, respectively.

	Hemant Surgical Industries IPO	Proventus Agrocom IPO
Anchor Bid Date	May 23, 2023
Issue Open	May 24, 2023	May 24, 2023
Issue Close	May 26, 2023	May 26, 2023
Basis Of Allotment (Tentative)	May 31, 2023	May 31, 2023
Initiation of Refunds (Tentative)	Jun 01, 2023	Jun 01, 2023
Credit of Share (Tentative)	Jun 02, 2023	Jun 02, 2023
Listing date (Tentative)	Jun 05, 2023	Jun 05, 2023
Anchor Lockin End date 1	Jun 30, 2023	Jun 30, 2023
Anchor Lockin End date 2	Aug 29, 2023	Aug 29, 2023

Financials

Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Proventus Agrocom IPO P/E ratio of 186.23.

Hemant Surgical Industries IPO

Proventus Agrocom IPO

Financial

Hemant Surgical Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	4,289.84	6,065.19	114.53	836.61	653.38	1,446.35
31-Mar-22	5,437.59	10,577.02	461.40	1,298.01	1,114.78	973.80
31-Mar-23	6,490.79	11,149.68	765.11	2,359.90	1,591.90	711.92
Amount in ₹ Lakhs

Proventus Agrochem Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	8,936.94	90,089.01	-2,190.46	5,663.58	4,731.01	1,728.54
31-Mar-21	8,843.36	30,173.92	187.90	5,844.50	4,911.92	2,940.72
31-Mar-22	10,131.13	40,434.57	114.03	5,966.75	5,034.17	3,444.05
31-Dec-22	9,735.37	31,909.63	189.82	6,167.31	5,234.74	3,061.13
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

92.29%

Promoter Shareholding (Post-Issue)

73.56%

70.84%

P/E Ratio

12.28

186.23

Market Cap

₹93.96 Cr.

₹264.27 Cr.

ROE

32.42%%

0.04%%

ROCE

37.98%%

0.05%%

Debt/Equity

0.3

0.56

EPS

₹10.26

₹4.14

RoNW

32.42%%

3.08%%

Shares Offered

In the Hemant Surgical Industries IPO retail investors (RII) are offered 9,16,800 shares while in Proventus Agrocom IPO retail investors are offered 9,16,800 shares. Qualified institutional buyers (QIB) are offered 5,23,200 shares in Hemant Surgical Industries IPO and 0 shares in Proventus Agrocom IPO.

	Hemant Surgical Industries IPO	Proventus Agrocom IPO
Anchor Investor Reserveration	7,82,400 shares
Market Maker Reserveration	1,44,000 shares	45,100 shares
QIB	5,23,200 shares	0 shares
NII	3,93,600 shares	4,28,430 shares
RII	9,16,800 shares	4,28,450 shares
Employee	0 shares	0 shares
Others
Total	18,33,600 shares	8,56,880 shares

Bids Received (Subscription)

Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Proventus Agrocom IPO subscribed 2.70x.

	Hemant Surgical Industries IPO	Proventus Agrocom IPO
QIB (times)	41.05x
NII (times)	277.26x	4.65x
Big NII (times)
Small NII (times)
RII (times)	158.73x	0.74x
Employee (times)
Other (times)
Total (times)	150.59x	2.70x

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Hemant Surgical Industries IPO	Proventus Agrocom IPO
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Infollion Research Services IPO	Comrade Appliances IPO
Proventus Agrocom IPO	Infollion Research Services IPO
Vasa Denticity IPO	Hemant Surgical Industries IPO
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