Aashka Hospitals IPO vs Rex Pipes and Cables IPO

Comparision between Aashka Hospitals IPO and Rex Pipes and Cables IPO.

IPO Details

Aashka Hospitals IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Rex Pipes and Cables IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Aashka Hospitals IPO	Rex Pipes and Cables IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Fedex Securities�Pvt Ltd	Navigant Corporate Advisors Ltd
Registrar	Accurate Securities & Registry Private Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aashka Hospitals IPO is up to ₹101.64 Cr whereas the issue size of the Rex Pipes and Cables IPO is up to ₹6.24 Cr. The final issue price of Aashka Hospitals IPO is ₹121.00 per share and of Rex Pipes and Cables IPO is ₹26.00 per share.

	Aashka Hospitals IPO	Rex Pipes and Cables IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹121.00 per share	₹26.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	4000 shares
Fresh Issue Size	54,00,000 shares
Fresh Issue Size (Amount)	up to ₹65.34 Cr
OFS Issue Size	30,00,000 shares
OFS Issue Size (Amount)	up to ₹36.30 Cr
Issue Size Total	84,00,000 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹101.64 Cr	up to ₹6.24 Cr

IPO Timetable

Aashka Hospitals IPO opens on Aug 10, 2021, while Rex Pipes and Cables IPO opens on Jul 28, 2021. The closing date of Aashka Hospitals IPO and Rex Pipes and Cables IPO is Aug 24, 2021, and Aug 02, 2021, respectively.

	Aashka Hospitals IPO	Rex Pipes and Cables IPO
Anchor Bid Date
Issue Open	Aug 10, 2021	Jul 28, 2021
Issue Close	Aug 24, 2021	Aug 02, 2021
Basis Of Allotment (Tentative)	Aug 30, 2021	Aug 05, 2021
Initiation of Refunds (Tentative)	Aug 31, 2021	Aug 06, 2021
Credit of Share (Tentative)	Aug 31, 2021	Aug 09, 2021
Listing date (Tentative)	Sep 01, 2021	Aug 10, 2021
Anchor Lockin End date 1	Sep 29, 2021	Sep 04, 2021
Anchor Lockin End date 2	Nov 28, 2021	Nov 03, 2021

Financials

Aashka Hospitals IPO P/E ratio is , as compared to Rex Pipes and Cables IPO P/E ratio of .

Aashka Hospitals IPO

Rex Pipes and Cables IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	6,508.14	6,004.73	5,405.18
Total Revenue	4,069.23	2,725.14	2,772.55
Profit After Tax	411.39	137.91	136.27

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lacs)
	31-Jan-21	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,811.00	3,382.79	3,270.87	2,704.16
Total Revenue	4,438.80	3,206.87	3,774.94	3,516.41
Profit After Tax	100.66	77.50	130.66	127.40

Promoter Shareholding (Pre-Issue)

91.67%

84.65%

Promoter Shareholding (Post-Issue)

61.24%

61.03%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aashka Hospitals IPO retail investors (RII) are offered 39,60,000 shares while in Rex Pipes and Cables IPO retail investors are offered 39,60,000 shares. Qualified institutional buyers (QIB) are offered in Aashka Hospitals IPO and in Rex Pipes and Cables IPO.

	Aashka Hospitals IPO	Rex Pipes and Cables IPO
Anchor Investor Reserveration
Market Maker Reserveration	4,80,000 shares	1,20,000 shares
QIB
NII	39,60,000 shares	11,40,000 shares
RII	39,60,000 shares	11,40,000 shares
Employee
Others
Total	84,00,000 shares	22,80,000 shares

Bids Received (Subscription)

Aashka Hospitals IPO subscribed 1.30x in total, whereas Rex Pipes and Cables IPO subscribed 23.99x.

	Aashka Hospitals IPO	Rex Pipes and Cables IPO
QIB (times)
NII (times)	2.02x	6.84x
Big NII (times)
Small NII (times)
RII (times)	0.75x	41.13x
Employee (times)
Other (times)
Total (times)	1.30x	23.99x

Compare with others

Aashka Hospitals IPO	Rex Pipes and Cables IPO
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NPST IPO	AA Plus Tradelink IPO
Gretex Corporate Services IPO	Walpar Nutritions IPO
Rex Pipes and Cables IPO	Focus Business Solution IPO
AA Plus Tradelink IPO	Times Green Energy IPO
Walpar Nutritions IPO	Adeshwar Meditex IPO

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