Avience Biomedicals IPO vs Rapid Fleet Management IPO

Comparison between Avience Biomedicals IPO and Rapid Fleet Management IPO.

IPO Details

Avience Biomedicals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rapid Fleet Management IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Avience Biomedicals IPO is up to ₹28.53 Cr whereas the issue size of the Rapid Fleet Management IPO is up to ₹35.77 Cr. The final issue price of Avience Biomedicals IPO is ₹208.00 per share and of Rapid Fleet Management IPO is ₹192.00 per share.

 Avience Biomedicals IPORapid Fleet Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹196.00 per share₹183.00 per share
Issue Price (Upper)₹208.00 per share₹192.00 per share
Issue Price (Final)₹208.00 per share₹192.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size600 shares600 shares
Fresh Issue Size13,71,600 shares18,63,000 shares
Fresh Issue Size (Amount)up to ₹28.53 Crup to ₹35.77 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,71,600 shares18,63,000 shares
Issue Size Total (Amount)up to ₹28.53 Crup to ₹35.77 Cr

IPO Timetable

Avience Biomedicals IPO opens on Jun 18, 2026, while Rapid Fleet Management IPO opens on Mar 21, 2025. The closing date of Avience Biomedicals IPO and Rapid Fleet Management IPO is Jun 22, 2026, and Mar 25, 2025, respectively.

 Avience Biomedicals IPORapid Fleet Management IPO
Anchor Bid DateJun 17, 2026Mar 20, 2025
Issue OpenJun 18, 2026Mar 21, 2025
Issue CloseJun 22, 2026Mar 25, 2025
Basis Of Allotment (Tentative)Jun 23, 2026Mar 26, 2025
Initiation of Refunds (Tentative)Jun 24, 2026Mar 27, 2025
Credit of Share (Tentative)Jun 24, 2026Mar 27, 2025
Listing date (Tentative)Jun 25, 2026Mar 28, 2025
Anchor Lockin End date 1Jul 23, 2026Apr 25, 2025
Anchor Lockin End date 2Sep 21, 2026Jun 24, 2025

Financials & KPIs

Avience Biomedicals IPO P/E ratio is 11.59, as compared to Rapid Fleet Management IPO P/E ratio of 12.25.

 Avience Biomedicals IPORapid Fleet Management IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Jan 202631 Mar 202531 Mar 2024
Assets66.0756.5234.65
Total Income41.9445.9724.37
Profit After Tax5.747.232.14
EBITDA10.3411.414.08
NET Worth28.5222.786.21
Reserves and Surplus24.4918.752.93
Total Borrowing26.7322.1615.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets101.3070.6671.8175.37
Total Income87.39116.32106.03114.02
Profit After Tax7.018.074.713.40
NET Worth28.8920.1512.087.41
Reserves and Surplus23.7420.0511.987.31
Total Borrowing34.0714.9315.7927.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.89%97.5%
Promoter Shareholding (Post-Issue)64.59%67.54%
P/E Ratio11.5912.25
Market Cap₹114.09 Cr.₹142.75 Cr.
ROE50.1450.09
ROCE24.8443.11
Debt/Equity0.970.74
EPS₹17.94₹15.67
RoNW49.8940.06

Shares Offered

In the Avience Biomedicals IPO Retail Individual Investors (RII) are offered 4,81,200 shares while in Rapid Fleet Management IPO retail investors are offered 4,81,200 shares. Qualified Institutional Buyers (QIB) are offered 2,73,600 shares in Avience Biomedicals IPO and 3,72,600 shares in Rapid Fleet Management IPO.

 Avience Biomedicals IPORapid Fleet Management IPO
Anchor Investor Reservation4,09,800 shares5,58,600 shares
Market Maker Reservation82,200 shares4,21,800 shares
QIB2,73,600 shares3,72,600 shares
NII2,07,000 shares2,79,600 shares
RII4,81,200 shares6,52,200 shares
Employee0 shares0 shares
Others
Total13,71,600 shares18,63,000 shares

Bids Received (Subscription)

Avience Biomedicals IPO subscribed 270.19x in total, whereas Rapid Fleet Management IPO subscribed 1.16x.

 Avience Biomedicals IPORapid Fleet Management IPO
QIB (times)196.77x1.07x
NII (times)597.23x4.38x
Big NII (times)670.18x
Small NII (times)451.35x
RII (times)401.36x0.81x
Employee (times)
Other (times)
Total (times)270.19x1.16x

Compare with others

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Avience Biomedicals IPO Vs Rapid Fleet Management IPO