AccelerateBS India IPO vs Asarfi Hospital IPO

Comparision between AccelerateBS India IPO and Asarfi Hospital IPO.

IPO Details

AccelerateBS India IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Asarfi Hospital IPO is a SME Book Built Issue proposed to list at BSE SME.

	AccelerateBS India IPO	Asarfi Hospital IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Shreni Shares Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of AccelerateBS India IPO is up to ₹5.69 Cr whereas the issue size of the Asarfi Hospital IPO is up to ₹26.94 Cr. The final issue price of AccelerateBS India IPO is ₹90.00 per share and of Asarfi Hospital IPO is ₹52.00 per share.

	AccelerateBS India IPO	Asarfi Hospital IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹51.00 per share
Issue Price (Upper)		₹52.00 per share
Issue Price (Final)	₹90.00 per share	₹52.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	1,88,800 shares	51,80,000 shares
Fresh Issue Size (Amount)	up to ₹1.70 Cr	up to ₹26.94 Cr
OFS Issue Size	4,43,200 shares
OFS Issue Size (Amount)	up to ₹3.99 Cr
Issue Size Total	6,32,000 shares	51,80,000 shares
Issue Size Total (Amount)	up to ₹5.69 Cr	up to ₹26.94 Cr

IPO Timetable

AccelerateBS India IPO opens on Jul 06, 2023, while Asarfi Hospital IPO opens on Jul 17, 2023. The closing date of AccelerateBS India IPO and Asarfi Hospital IPO is Jul 11, 2023, and Jul 19, 2023, respectively.

	AccelerateBS India IPO	Asarfi Hospital IPO
Anchor Bid Date		Jul 14, 2023
Issue Open	Jul 06, 2023	Jul 17, 2023
Issue Close	Jul 11, 2023	Jul 19, 2023
Basis Of Allotment (Tentative)	Jul 14, 2023	Jul 24, 2023
Initiation of Refunds (Tentative)	Jul 17, 2023	Jul 25, 2023
Credit of Share (Tentative)	Jul 18, 2023	Jul 26, 2023
Listing date (Tentative)	Jul 19, 2023	Jul 26, 2023
Anchor Lockin End date 1	Aug 13, 2023	Aug 23, 2023
Anchor Lockin End date 2	Oct 12, 2023	Oct 22, 2023

Financials

AccelerateBS India IPO P/E ratio is 27.27, as compared to Asarfi Hospital IPO P/E ratio of 12.78.

AccelerateBS India IPO

Asarfi Hospital IPO

Financial

AccelerateBS India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	125.10	493.35	68.35	53.05
31-Mar-21	180.95	451.92	42.53	102.46	24.00
31-Mar-22	200.65	355.69	25.91	111.03	45.34
31-Jan-23	283.25	164.92	26.22	205.42	33.82
Amount in ₹ Lakhs

Asarfi Hospital Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	3,729.45	5,439.90	353.43	1,689.90	1,564.95	713.36
31-Mar-22	6,270.24	6,619.54	572.84	2,262.73	2,137.78	1,163.31
31-Mar-23	9,342.71	7,303.26	801.53	4,184.26	2,734.53	1,720.20
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

83.03%

Promoter Shareholding (Post-Issue)

70.59%

61.17%

P/E Ratio

27.27

12.78

Market Cap

₹19.34 Cr.

₹102.32 Cr.

ROE

15.80%%

19.16%%

ROCE

19.44%%

19.91%%

Debt/Equity

0.16

0.41

EPS

₹1.38

₹7.58

RoNW

12.77%%

19.16%

Shares Offered

In the AccelerateBS India IPO retail investors (RII) are offered 2,99,200 shares while in Asarfi Hospital IPO retail investors are offered 2,99,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in AccelerateBS India IPO and 9,84,000 shares in Asarfi Hospital IPO.

	AccelerateBS India IPO	Asarfi Hospital IPO
Anchor Investor Reserveration		14,76,000 shares
Market Maker Reserveration	33,600 shares	2,60,000 shares
QIB	0 shares	9,84,000 shares
NII	2,99,200 shares	7,38,000 shares
RII	2,99,200 shares	17,22,000 shares
Employee	0 shares	0 shares
Others
Total	5,98,400 shares	34,44,000 shares

Bids Received (Subscription)

AccelerateBS India IPO subscribed 49.19x in total, whereas Asarfi Hospital IPO subscribed 195.14x.

	AccelerateBS India IPO	Asarfi Hospital IPO
QIB (times)		50.60x
NII (times)	39.25x	451.62x
Big NII (times)
Small NII (times)
RII (times)	59.11x	167.81x
Employee (times)
Other (times)
Total (times)	49.19x	195.14x

Compare with others

AccelerateBS India IPO	Asarfi Hospital IPO
Srivari Spices and Foods IPO	Vinsys IT Services IPO
Asarfi Hospital IPO	Yasons Chemex Care IPO
Service Care IPO	Committed Cargo Care IPO
Ahasolar Technologies IPO	Khazanchi Jewellers IPO
Drone Destination IPO	Srivari Spices and Foods IPO
Synoptics Technologies IPO	Service Care IPO
Alphalogic Industries IPO	Ahasolar Technologies IPO
Global Pet Industries IPO	Drone Destination IPO
Tridhya Tech IPO	AccelerateBS India IPO
Magson IPO	Synoptics Technologies IPO

Comments

Add a public comment...