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Medicamen Organics IPO vs The Money Fair IPO

Comparision between Medicamen Organics IPO and The Money Fair IPO.

IPO Details

Medicamen Organics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while The Money Fair IPO is a SME Book Built Issue proposed to list at NSE SME.

  Medicamen Organics IPO The Money Fair IPO
Logo Medicamen Organics IPO Logo The Money Fair IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At NSE SME NSE SME
Lead Managers GYR Capital Advisors Private Limited Fast Track Finsec Pvt Ltd
Registrar Kfin Technologies Limited Skyline Financial Services Private Ltd
Market Maker Giriraj Stock Broking Private Limited Nikunj Stock Brokers 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 Medicamen Organics IPO is up to ₹10.54 Cr whereas the issue size of the The Money Fair IPO is up to ₹23.11 Cr. The final issue price of Medicamen Organics IPO is ₹34.00 per share and of The Money Fair IPO is ₹77.00 per share.

  Medicamen Organics IPO The Money Fair IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹32.00 per share ₹73.00 per share
Issue Price (Upper) ₹34.00 per share ₹77.00 per share
Issue Price (Final) ₹34.00 per share ₹77.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 4000 shares 1600 shares
Fresh Issue Size 31,00,000 shares 30,01,600 shares
Fresh Issue Size (Amount) up to ₹10.54 Cr up to ₹23.11 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 31,00,000 shares 30,01,600 shares
Issue Size Total (Amount) up to ₹10.54 Cr up to ₹23.11 Cr

IPO Timetable

Medicamen Organics IPO opens on Jun 21, 2024, while The Money Fair IPO opens on Jun 25, 2024. The closing date of Medicamen Organics IPO and The Money Fair IPO is Jun 25, 2024, and Jun 27, 2024, respectively.

  Medicamen Organics IPO The Money Fair IPO
Anchor Bid Date Jun 20, 2024 Jun 24, 2024
Issue Open Jun 21, 2024 Jun 25, 2024
Issue Close Jun 25, 2024 Jun 27, 2024
Basis Of Allotment (Tentative) Jun 26, 2024 Jul 01, 2024
Initiation of Refunds (Tentative) Jun 27, 2024 Jul 01, 2024
Credit of Share (Tentative) Jun 27, 2024 Jul 01, 2024
Listing date (Tentative) Jun 28, 2024 Jul 02, 2024
Anchor Lockin End date 1 Jul 26, 2024 Jul 31, 2024
Anchor Lockin End date 2 Sep 24, 2024 Sep 29, 2024

Financials

Medicamen Organics IPO P/E ratio is 30.53, as compared to The Money Fair IPO P/E ratio of 13.2.

  Medicamen Organics IPO The Money Fair IPO
Financial

Medicamen Organics Limited Financial Information (Restated)

Medicamen Organics Limited's revenue increased by 10.13% and profit after tax (PAT) rose by 151% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets3,858.073,211.982,707.212,634.37
Revenue2,528.962,296.242,118.672,505.96
Profit After Tax240.4195.789.2329.81
Net Worth1,518.40851.71755.92746.72
Reserves and Surplus658.40251.71155.92146.72
Total Borrowing1,265.651,179.501,024.57958.97
Amount in ₹ Lakhs

Akiko Global Services Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,794.911,130.87405.67234.88
Revenue2,609.763,958.971,353.31610.78
Profit After Tax321.48453.2677.8522.98
Net Worth1,403.37578.40123.1445.29
Reserves and Surplus626.57574.40121.1443.29
Total Borrowing122.0595.8926.1349.62
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 81.21% 92.77%
Promoter Shareholding (Post-Issue) 66.91%
P/E Ratio 30.53 13.2
Market Cap ₹39.78 Cr. ₹82.93 Cr.
ROE 19.90%% 32.44%%
ROCE 14.50%% 29.23%%
Debt/Equity 0.83 0.09
EPS ₹1.11 ₹5.83
RoNW 15.83% 22.91%%

Shares Offered

In the Medicamen Organics IPO retail investors (RII) are offered 10,28,000 shares while in The Money Fair IPO retail investors are offered 10,28,000 shares. Qualified institutional buyers (QIB) are offered 5,84,000 shares in Medicamen Organics IPO and 6,54,400 shares in The Money Fair IPO.

  Medicamen Organics IPO The Money Fair IPO
Anchor Investor Reserveration 8,76,000 shares 8,54,400 shares
Market Maker Reserveration 1,72,000 shares 1,50,400 shares
QIB 5,84,000 shares 6,54,400 shares
NII 4,40,000 shares 4,28,800 shares
RII 10,28,000 shares 9,98,400 shares
Employee 0 shares 0 shares
Others
Total 20,52,000 shares 20,81,600 shares

Bids Received (Subscription)

Medicamen Organics IPO subscribed 993.56x in total, whereas The Money Fair IPO subscribed 34.96x.

  Medicamen Organics IPO The Money Fair IPO
QIB (times) 173.03x 10.21x
NII (times) 1,343.83x 48.05x
Big NII (times)
Small NII (times)
RII (times) 1,309.77x 45.57x
Employee (times)
Other (times)
Total (times) 993.56x 34.96x

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