Adeshwar Meditex IPO vs Jetmall spices and masala ipo

Comparision between Adeshwar Meditex IPO and Jetmall spices and masala ipo.

IPO Details

Adeshwar Meditex IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Jetmall spices and masala ipo is a SME Fixed Price Issue proposed to list at BSE SME.

	Adeshwar Meditex IPO	Jetmall spices and masala ipo
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Mark Corporate Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Adeshwar Meditex IPO is up to ₹9.75 Cr whereas the issue size of the Jetmall spices and masala ipo is up to ₹4.98 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Jetmall spices and masala ipo is ₹20.00 per share.

	Adeshwar Meditex IPO	Jetmall spices and masala ipo
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹25.00 per share	₹20.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	39,00,000 shares	24,90,000 shares
Issue Size Total (Amount)	up to ₹9.75 Cr	up to ₹4.98 Cr

IPO Timetable

Adeshwar Meditex IPO opens on Jun 15, 2021, while Jetmall spices and masala ipo opens on Mar 31, 2021. The closing date of Adeshwar Meditex IPO and Jetmall spices and masala ipo is Jun 18, 2021, and Apr 07, 2021, respectively.

	Adeshwar Meditex IPO	Jetmall spices and masala ipo
Anchor Bid Date
Issue Open	Jun 15, 2021	Mar 31, 2021
Issue Close	Jun 18, 2021	Apr 07, 2021
Basis Of Allotment (Tentative)	Jun 23, 2021	Apr 12, 2021
Initiation of Refunds (Tentative)	Jun 24, 2021	Apr 12, 2021
Credit of Share (Tentative)	Jun 25, 2021	Apr 15, 2021
Listing date (Tentative)	Jun 28, 2021	Apr 19, 2021
Anchor Lockin End date 1	Jul 23, 2021	May 12, 2021
Anchor Lockin End date 2	Sep 21, 2021	Jul 11, 2021

Financials

Adeshwar Meditex IPO P/E ratio is , as compared to Jetmall spices and masala ipo P/E ratio of .

Adeshwar Meditex IPO

Jetmall spices and masala ipo

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	6,560.31	5,480.65	4,386.71	3,281.38
Total Revenue	5,208.66	5,639.26	5,473.93	5,869.67
Profit After Tax	138.92	201.49	225.10	256.08

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	602.24	885.35	1,988.59	1,738.16
Total Revenue	925.90	3,915.62	4,344.54	5,032.61
Profit After Tax	64.92	14.77	17.61	25.62

Promoter Shareholding (Pre-Issue)

58.45%

100%

Promoter Shareholding (Post-Issue)

42.65%

58.44%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Adeshwar Meditex IPO retail investors (RII) are offered 18,48,000 shares while in Jetmall spices and masala ipo retail investors are offered 18,48,000 shares. Qualified institutional buyers (QIB) are offered in Adeshwar Meditex IPO and in Jetmall spices and masala ipo.

	Adeshwar Meditex IPO	Jetmall spices and masala ipo
Anchor Investor Reserveration
Market Maker Reserveration	2,04,000 shares	1,26,000 shares
QIB
NII	18,48,000 shares	11,82,000 shares
RII	18,48,000 shares	11,82,000 shares
Employee
Others
Total	36,96,000 shares	23,64,000 shares

Bids Received (Subscription)

Adeshwar Meditex IPO subscribed 1.85x in total, whereas Jetmall spices and masala ipo subscribed 1.36x.

	Adeshwar Meditex IPO	Jetmall spices and masala ipo
QIB (times)
NII (times)	1.50x	1.90x
Big NII (times)
Small NII (times)
RII (times)	2.21x	0.82x
Employee (times)
Other (times)
Total (times)	1.85x	1.36x

Compare with others

Adeshwar Meditex IPO	Jetmall spices and masala ipo
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Navoday Enterprises IPO	V-Marc India IPO
Abhishek Integrations IPO	Rajeshwari Cans IPO
Kuberan Global Edu Solutions IPO	Siddhika Coatings IPO
Jetmall spices and masala ipo	EKI Energy Services IPO
V-Marc India IPO	NIKS Technology IPO

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