India Shelter Finance IPO vs Yatharth Hospital IPO

Comparision between India Shelter Finance IPO and Yatharth Hospital IPO.

IPO Details

India Shelter Finance 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.

	India Shelter Finance 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	ICICI Securities Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Ambit Private Limited	Intensive Fiscal Services Private Limited Ambit Private Limited Iifl Securities Ltd
Registrar	Kfin Technologies Limited	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 India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the Yatharth Hospital IPO is up to ₹686.55 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of Yatharth Hospital IPO is ₹300.00 per share.

	India Shelter Finance IPO	Yatharth Hospital IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹469.00 per share	₹285.00 per share
Issue Price (Upper)	₹493.00 per share	₹300.00 per share
Issue Price (Final)	₹493.00 per share	₹300.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	30 shares	50 shares
Fresh Issue Size	1,62,27,181 shares	1,63,33,333 shares
Fresh Issue Size (Amount)	up to ₹800.00 Cr	up to ₹490.00 Cr
OFS Issue Size	81,13,590 shares	65,51,690 shares
OFS Issue Size (Amount)	up to ₹400.00 Cr	up to ₹196.55 Cr
Issue Size Total	2,43,40,771 shares	2,28,85,023 shares
Issue Size Total (Amount)	up to ₹1,200.00 Cr	up to ₹686.55 Cr

IPO Timetable

India Shelter Finance IPO opens on Dec 13, 2023, while Yatharth Hospital IPO opens on Jul 26, 2023. The closing date of India Shelter Finance IPO and Yatharth Hospital IPO is Dec 15, 2023, and Jul 28, 2023, respectively.

	India Shelter Finance IPO	Yatharth Hospital IPO
Anchor Bid Date	Dec 12, 2023	Jul 25, 2023
Issue Open	Dec 13, 2023	Jul 26, 2023
Issue Close	Dec 15, 2023	Jul 28, 2023
Basis Of Allotment (Tentative)	Dec 18, 2023	Aug 02, 2023
Initiation of Refunds (Tentative)	Dec 19, 2023	Aug 03, 2023
Credit of Share (Tentative)	Dec 19, 2023	Aug 04, 2023
Listing date (Tentative)	Dec 20, 2023	Aug 07, 2023
Anchor Lockin End date 1	Jan 17, 2024	Sep 01, 2023
Anchor Lockin End date 2	Mar 17, 2024	Oct 31, 2023

Financials

India Shelter Finance IPO P/E ratio is 28.22, as compared to Yatharth Hospital IPO P/E ratio of 39.16.

India Shelter Finance IPO

Yatharth Hospital IPO

Financial

India Shelter Finance Corporation Limited Financial Information (Restated Consolidated)

India Shelter Finance Corporation Limited's revenue increased by 31.84% and profit after tax (PAT) rose by 20.94% 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	4,758.68	4,295.59	3,221.22	2,462.64
Revenue	398.58	606.23	459.81	322.80
Profit After Tax	107.35	155.34	128.45	87.39
Net Worth	1,374.97	1,240.53	1,076.13	937.27
Reserves and Surplus	1,335.36	1,197.98	1,033.02	894.20
Total Borrowing	3,272.48	2,973.43	2,059.40	1,480.72
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)

56.75%

91.34%

Promoter Shareholding (Post-Issue)

48.17%

66.32%

P/E Ratio

28.22

39.16

Market Cap

₹5277.62 Cr.

₹2575.51 Cr.

ROE

13.4%%

35.95%%

ROCE

26.10%%

Debt/Equity

2.12

1.44

EPS

₹17.47

₹10.09

RoNW

13.4%%

35.95%%

Shares Offered

In the India Shelter Finance IPO retail investors (RII) are offered 85,19,270 shares while in Yatharth Hospital IPO retail investors are offered 85,19,270 shares. Qualified institutional buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 45,77,004 shares in Yatharth Hospital IPO.

	India Shelter Finance IPO	Yatharth Hospital IPO
Anchor Investor Reserveration	73,02,229 shares	68,65,506 shares
Market Maker Reserveration
QIB	48,68,154 shares	45,77,004 shares
NII	36,51,116 shares	34,32,754 shares
RII	85,19,270 shares	80,09,759 shares
Employee	0 shares	0 shares
Others
Total	1,70,38,540 shares	1,60,19,517 shares

Bids Received (Subscription)

India Shelter Finance IPO subscribed 38.59x in total, whereas Yatharth Hospital IPO subscribed 37.28x.

	India Shelter Finance IPO	Yatharth Hospital IPO
QIB (times)	94.29x	86.37x
NII (times)	29.97x	38.62x
Big NII (times)	29.77x	41.76x
Small NII (times)	30.37x	32.34x
RII (times)	10.46x	8.66x
Employee (times)
Other (times)
Total (times)	38.59x	37.28x

Compare with others

India Shelter Finance IPO	Yatharth Hospital IPO
Rishabh Instruments IPO	India Shelter Finance IPO
Ratnaveer Precision Engineering IPO	Balaji Speciality Chemicals IPO
Vishnu Prakash R Punglia IPO	TVS Supply Chain Solutions IPO
Aeroflex Industries IPO	Concord Biotech IPO
Pyramid Technoplast IPO	SBFC Finance IPO
Balaji Speciality Chemicals IPO	Netweb Technologies India IPO
TVS Supply Chain Solutions IPO	Utkarsh Small Finance Bank IPO
Concord Biotech IPO	Senco Gold IPO
SBFC Finance IPO	Cyient DLM IPO
Yatharth Hospital IPO	ideaForge Technology IPO

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