ideaForge Technology IPO vs Yatharth Hospital IPO

Comparision between ideaForge Technology IPO and Yatharth Hospital IPO.

IPO Details

ideaForge Technology IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Yatharth Hospital IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ideaForge Technology IPO	Yatharth Hospital 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	Jm Financial Limited Iifl Securities Ltd	Intensive Fiscal Services Private Limited Ambit Private Limited Iifl Securities Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 ideaForge Technology IPO is up to ₹567.29 Cr whereas the issue size of the Yatharth Hospital IPO is up to ₹686.55 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of Yatharth Hospital IPO is ₹300.00 per share.

	ideaForge Technology IPO	Yatharth Hospital IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹638.00 per share	₹285.00 per share
Issue Price (Upper)	₹672.00 per share	₹300.00 per share
Issue Price (Final)	₹672.00 per share	₹300.00 per share
Discount (Retail)
Discount (Employee)	₹32.00 per share
Market Lot Size	22 shares	50 shares
Fresh Issue Size	35,72,052 shares	1,63,33,333 shares
Fresh Issue Size (Amount)	up to ₹240.00 Cr	up to ₹490.00 Cr
OFS Issue Size	48,69,712 shares	65,51,690 shares
OFS Issue Size (Amount)	up to ₹327.25 Cr	up to ₹196.55 Cr
Issue Size Total	84,41,764 shares	2,28,85,023 shares
Issue Size Total (Amount)	up to ₹567.29 Cr	up to ₹686.55 Cr

IPO Timetable

ideaForge Technology IPO opens on Jun 26, 2023, while Yatharth Hospital IPO opens on Jul 26, 2023. The closing date of ideaForge Technology IPO and Yatharth Hospital IPO is Jun 30, 2023, and Jul 28, 2023, respectively.

	ideaForge Technology IPO	Yatharth Hospital IPO
Anchor Bid Date	Jun 23, 2023	Jul 25, 2023
Issue Open	Jun 26, 2023	Jul 26, 2023
Issue Close	Jun 30, 2023	Jul 28, 2023
Basis Of Allotment (Tentative)	Jul 05, 2023	Aug 02, 2023
Initiation of Refunds (Tentative)	Jul 06, 2023	Aug 03, 2023
Credit of Share (Tentative)	Jul 07, 2023	Aug 04, 2023
Listing date (Tentative)	Jul 07, 2023	Aug 07, 2023
Anchor Lockin End date 1	Aug 04, 2023	Sep 01, 2023
Anchor Lockin End date 2	Oct 03, 2023	Oct 31, 2023

Financials

ideaForge Technology IPO P/E ratio is 87.5, as compared to Yatharth Hospital IPO P/E ratio of 39.16.

ideaForge Technology IPO

Yatharth Hospital IPO

Financial

ideaForge Technology Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	79.79	16.32	-13.45	68.12	68.05	5.30
31-Mar-21	123.74	36.34	-14.63	59.63	59.63	50.57
31-Mar-22	222.33	161.45	44.01	163.30	110.28	5.68
31-Mar-23	487.93	196.40	31.99	324.72		86.50
Amount in ₹ Crore

Yatharth Hospital IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2019	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	256.56	287.20	308.77	426.02	485.97
Revenue	102.07	146.18	229.19	402.59	523.10
Profit After Tax	3.98	-2.05	19.59	44.16	65.77
Net Worth	55.60	54.29	72.46	116.89	182.96
Reserves and Surplus
Total Borrowing	164.57	184.57	186.11	258.19	263.78

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

33.37%

91.34%

Promoter Shareholding (Post-Issue)

30.19%

66.32%

P/E Ratio

87.5

39.16

Market Cap

₹2800.20 Cr.

₹2575.51 Cr.

ROE

13.11%%

35.95%%

ROCE

12.51%%

26.10%%

Debt/Equity

0.27

1.44

EPS

₹8.12

₹10.09

RoNW

9.85%%

35.95%%

Shares Offered

In the ideaForge Technology IPO retail investors (RII) are offered 8,42,865 shares while in Yatharth Hospital IPO retail investors are offered 8,42,865 shares. Qualified institutional buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 45,77,004 shares in Yatharth Hospital IPO.

	ideaForge Technology IPO	Yatharth Hospital IPO
Anchor Investor Reserveration		68,65,506 shares
Market Maker Reserveration
QIB	25,28,596 shares	45,77,004 shares
NII	12,64,297 shares	34,32,754 shares
RII	8,42,865 shares	80,09,759 shares
Employee	13,112 shares	0 shares
Others
Total	46,48,870 shares	1,60,19,517 shares

Bids Received (Subscription)

ideaForge Technology IPO subscribed 106.06x in total, whereas Yatharth Hospital IPO subscribed 37.28x.

	ideaForge Technology IPO	Yatharth Hospital IPO
QIB (times)	125.81x	86.37x
NII (times)	80.58x	38.62x
Big NII (times)	81.99x	41.76x
Small NII (times)	77.77x	32.34x
RII (times)	85.20x	8.66x
Employee (times)	96.65x
Other (times)
Total (times)	106.06x	37.28x

Compare with others

ideaForge Technology IPO	Yatharth Hospital IPO
Yatharth Hospital IPO	India Shelter Finance IPO
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Utkarsh Small Finance Bank IPO	TVS Supply Chain Solutions IPO
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Cyient DLM IPO	SBFC Finance IPO
HMA Agro Industries IPO	Netweb Technologies India IPO
IKIO Lighting IPO	Utkarsh Small Finance Bank IPO
Tata Technologies IPO	Senco Gold IPO
Nexus Select Trust REIT	Cyient DLM IPO
Mankind Pharma IPO	ideaForge Technology IPO

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