Medi Assist Healthcare IPO vs R K SWAMY IPO

Comparision between Medi Assist Healthcare IPO and R K SWAMY IPO.

IPO Details

Medi Assist Healthcare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while R K SWAMY IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Medi Assist Healthcare IPO	R K SWAMY IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Bank Limited Iifl Securities Ltd Nuvama Wealth Management Limited SBI Capital Markets Limited	SBI Capital Markets Limited Iifl Securities Ltd Motilal Oswal Investment Advisors Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
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 Medi Assist Healthcare IPO is up to ₹1,171.58 Cr whereas the issue size of the R K SWAMY IPO is up to ₹423.56 Cr. The final issue price of Medi Assist Healthcare IPO is ₹418.00 per share and of R K SWAMY IPO is ₹288.00 per share.

	Medi Assist Healthcare IPO	R K SWAMY IPO
Face Value	₹5 per share	₹5 per share
Issue Price (Lower)	₹397.00 per share	₹270.00 per share
Issue Price (Upper)	₹418.00 per share	₹288.00 per share
Issue Price (Final)	₹418.00 per share	₹288.00 per share
Discount (Retail)
Discount (Employee)		₹27.00 per share
Market Lot Size	35 shares	50 shares
Fresh Issue Size		60,06,944 shares
Fresh Issue Size (Amount)		up to ₹173.00 Cr
OFS Issue Size	2,80,28,168 shares	87,00,000 shares
OFS Issue Size (Amount)	up to ₹1,171.58 Cr	up to ₹250.56 Cr
Issue Size Total	2,80,28,168 shares	1,47,06,944 shares
Issue Size Total (Amount)	up to ₹1,171.58 Cr	up to ₹423.56 Cr

IPO Timetable

Medi Assist Healthcare IPO opens on Jan 15, 2024, while R K SWAMY IPO opens on Mar 04, 2024. The closing date of Medi Assist Healthcare IPO and R K SWAMY IPO is Jan 17, 2024, and Mar 06, 2024, respectively.

	Medi Assist Healthcare IPO	R K SWAMY IPO
Anchor Bid Date	Jan 12, 2024	Mar 01, 2024
Issue Open	Jan 15, 2024	Mar 04, 2024
Issue Close	Jan 17, 2024	Mar 06, 2024
Basis Of Allotment (Tentative)	Jan 18, 2024	Mar 07, 2024
Initiation of Refunds (Tentative)	Jan 19, 2024	Mar 11, 2024
Credit of Share (Tentative)	Jan 19, 2024	Mar 11, 2024
Listing date (Tentative)	Jan 23, 2024	Mar 12, 2024
Anchor Lockin End date 1	Feb 17, 2024	Apr 06, 2024
Anchor Lockin End date 2	Apr 17, 2024	Jun 05, 2024

Financials

Medi Assist Healthcare IPO P/E ratio is 38.22, as compared to R K SWAMY IPO P/E ratio of 40.96.

Medi Assist Healthcare IPO

R K SWAMY IPO

Financial

Medi Assist Healthcare Services Limited Financial Information (Restated Consolidated)

Medi Assist Healthcare Services Limited's revenue increased by 25.95% and profit after tax (PAT) rose by 18.66% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	802.62	705.72	602.23	545.30
Revenue	312.03	518.96	412.02	345.57
Profit After Tax	45.26	75.31	63.47	38.01
Net Worth	416.64	383.67	339.29	292.55
Reserves and Surplus	102.03	353.86	308.63	295.81
Amount in ₹ Crore

R K SWAMY Limited Financial Information (Restated Consolidated)

R K SWAMY Limited's revenue increased by 22.43% and profit after tax (PAT) rose by 62.34% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	252.23	313.65	406.44	390.06
Revenue	142.55	299.91	244.97	183.22
Profit After Tax	7.93	31.26	19.26	3.08
Net Worth	146.66	140.81	111.93	98.22
Reserves and Surplus	28.85	40.79	12.27	-0.43
Total Borrowing	51.05	4.51	28.73	45.68
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

67.55%

83.03%

Promoter Shareholding (Post-Issue)

45.75%

P/E Ratio

38.22

40.96

Market Cap

₹2878.32 Cr.

₹1453.37 Cr.

ROE

16.47%%

ROCE

24.95%%

6.29%%

Debt/Equity

1.5

EPS

₹10.94

₹7.03

RoNW

19.63%

5.41%%

Shares Offered

In the Medi Assist Healthcare IPO retail investors (RII) are offered 98,09,859 shares while in R K SWAMY IPO retail investors are offered 98,09,859 shares. Qualified institutional buyers (QIB) are offered 56,05,634 shares in Medi Assist Healthcare IPO and 43,33,959 shares in R K SWAMY IPO.

	Medi Assist Healthcare IPO	R K SWAMY IPO
Anchor Investor Reserveration	84,08,449 shares	65,00,937 shares
Market Maker Reserveration
QIB	56,05,634 shares	43,33,959 shares
NII	42,04,226 shares	21,66,979 shares
RII	98,09,859 shares	14,44,652 shares
Employee	0 shares	2,87,356 shares
Others
Total	1,96,19,719 shares	82,32,946 shares

Bids Received (Subscription)

Medi Assist Healthcare IPO subscribed 16.25x in total, whereas R K SWAMY IPO subscribed 25.78x.

	Medi Assist Healthcare IPO	R K SWAMY IPO
QIB (times)	40.14x	20.58x
NII (times)	14.85x	34.24x
Big NII (times)	17.22x	35.73x
Small NII (times)	10.12x	31.27x
RII (times)	3.19x	33.31x
Employee (times)		2.46x
Other (times)
Total (times)	16.25x	25.78x

Compare with others

Medi Assist Healthcare IPO	R K SWAMY IPO
Rashi Peripherals IPO	Jana SFB IPO
BLS E-Services IPO	Platinum Industries IPO
R K SWAMY IPO	Apeejay Surrendra Park IPO
EPACK Durable IPO	Rashi Peripherals IPO
Nova AgriTech IPO	BLS E-Services IPO
Jyoti CNC Automation IPO	EPACK Durable IPO
Innova Captab IPO	Nova AgriTech IPO
Azad Engineering IPO	Medi Assist Healthcare IPO
Mufti Menswear IPO	Jyoti CNC Automation IPO
Inox CVA IPO	Innova Captab IPO

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