Adeshwar Meditex IPO vs Navoday Enterprises IPO

Comparision between Adeshwar Meditex IPO and Navoday Enterprises IPO.

IPO Details

Adeshwar Meditex IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Navoday Enterprises IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Adeshwar Meditex IPO	Navoday Enterprises IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Inventure Merchant Banker Services Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Satellite Corporate Services Private Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Adeshwar Meditex IPO is up to ₹9.75 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.61 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.

	Adeshwar Meditex IPO	Navoday Enterprises IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹25.00 per share	₹20.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	39,00,000 shares	23,04,000 shares
Issue Size Total (Amount)	up to ₹9.75 Cr	up to ₹4.61 Cr

IPO Timetable

Adeshwar Meditex IPO opens on Jun 15, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of Adeshwar Meditex IPO and Navoday Enterprises IPO is Jun 18, 2021, and Jun 17, 2021, respectively.

	Adeshwar Meditex IPO	Navoday Enterprises IPO
Anchor Bid Date
Issue Open	Jun 15, 2021	Jun 14, 2021
Issue Close	Jun 18, 2021	Jun 17, 2021
Basis Of Allotment (Tentative)	Jun 23, 2021	Jun 21, 2021
Initiation of Refunds (Tentative)	Jun 24, 2021	Jun 22, 2021
Credit of Share (Tentative)	Jun 25, 2021	Jun 23, 2021
Listing date (Tentative)	Jun 28, 2021	Jun 25, 2021
Anchor Lockin End date 1	Jul 23, 2021	Jul 21, 2021
Anchor Lockin End date 2	Sep 21, 2021	Sep 19, 2021

Financials

Adeshwar Meditex IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .

Adeshwar Meditex IPO

Navoday Enterprises IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	6,560.31	5,480.65	4,386.71	3,281.38
Total Revenue	5,208.66	5,639.26	5,473.93	5,869.67
Profit After Tax	138.92	201.49	225.10	256.08

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,378.57	513.12	531.14
Total Revenue	4,827.24	1,651.70	2,311.96
Profit After Tax	112.77	35.07	55.67

Promoter Shareholding (Pre-Issue)

58.45%

99.98%

Promoter Shareholding (Post-Issue)

42.65%

40.21%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Adeshwar Meditex IPO retail investors (RII) are offered 18,48,000 shares while in Navoday Enterprises IPO retail investors are offered 18,48,000 shares. Qualified institutional buyers (QIB) are offered in Adeshwar Meditex IPO and in Navoday Enterprises IPO.

	Adeshwar Meditex IPO	Navoday Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,04,000 shares	1,20,000 shares
QIB
NII	18,48,000 shares	10,92,000 shares
RII	18,48,000 shares	10,92,000 shares
Employee
Others
Total	36,96,000 shares	21,84,000 shares

Bids Received (Subscription)

Adeshwar Meditex IPO subscribed 1.85x in total, whereas Navoday Enterprises IPO subscribed 2.36x.

	Adeshwar Meditex IPO	Navoday Enterprises IPO
QIB (times)
NII (times)	1.50x	0.29x
Big NII (times)
Small NII (times)
RII (times)	2.21x	4.44x
Employee (times)
Other (times)
Total (times)	1.85x	2.36x

Compare with others

Adeshwar Meditex IPO	Navoday Enterprises IPO
Rex Pipes and Cables IPO	AA Plus Tradelink IPO
AA Plus Tradelink IPO	Walpar Nutritions IPO
Walpar Nutritions IPO	Focus Business Solution IPO
Focus Business Solution IPO	Times Green Energy IPO
Times Green Energy IPO	Adeshwar Meditex IPO
Navoday Enterprises IPO	Abhishek Integrations IPO
Abhishek Integrations IPO	Kuberan Global Edu Solutions IPO
Kuberan Global Edu Solutions IPO	Jetmall spices and masala ipo
Jetmall spices and masala ipo	V-Marc India IPO
V-Marc India IPO	Rajeshwari Cans IPO

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