Adishakti Loha and Ispat IPO vs Nidan Laboratories and Healthcare IPO

Comparision between Adishakti Loha and Ispat IPO and Nidan Laboratories and Healthcare IPO.

IPO Details

Adishakti Loha and Ispat IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Nidan Laboratories and Healthcare IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Adishakti Loha and Ispat IPO	Nidan Laboratories and Healthcare 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	Turnaround Corporate Advisors Private Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
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 Adishakti Loha and Ispat IPO is up to ₹2.00 Cr whereas the issue size of the Nidan Laboratories and Healthcare IPO is up to ₹50.00 Cr. The final issue price of Adishakti Loha and Ispat IPO is ₹11.00 per share and of Nidan Laboratories and Healthcare IPO is ₹125.00 per share.

	Adishakti Loha and Ispat IPO	Nidan Laboratories and Healthcare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹11.00 per share	₹125.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	1000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,20,000 shares	40,00,000 shares
Issue Size Total (Amount)	up to ₹2.00 Cr	up to ₹50.00 Cr

IPO Timetable

Adishakti Loha and Ispat IPO opens on Sep 30, 2021, while Nidan Laboratories and Healthcare IPO opens on Oct 28, 2021. The closing date of Adishakti Loha and Ispat IPO and Nidan Laboratories and Healthcare IPO is Oct 05, 2021, and Nov 02, 2021, respectively.

	Adishakti Loha and Ispat IPO	Nidan Laboratories and Healthcare IPO
Anchor Bid Date
Issue Open	Sep 30, 2021	Oct 28, 2021
Issue Close	Oct 05, 2021	Nov 02, 2021
Basis Of Allotment (Tentative)		Nov 09, 2021
Initiation of Refunds (Tentative)		Nov 10, 2021
Credit of Share (Tentative)		Nov 11, 2021
Listing date (Tentative)		Nov 12, 2021
Anchor Lockin End date 1		Dec 09, 2021
Anchor Lockin End date 2		Feb 07, 2022

Financials

Adishakti Loha and Ispat IPO P/E ratio is , as compared to Nidan Laboratories and Healthcare IPO P/E ratio of .

Adishakti Loha and Ispat IPO

Nidan Laboratories and Healthcare IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	93.57	0.46	0.21
Total Revenue	109.49	0.27	NA
Profit After Tax	(0.21)	0.19	0.04

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	543.30	524.36	452.07	430.57
Total Revenue	78.45	218.53	221.91	209.72
Profit After Tax	10.87	23.02	7.14	2.23

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

60.07%

71.22%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Adishakti Loha and Ispat IPO retail investors (RII) are offered 8,60,000 shares while in Nidan Laboratories and Healthcare IPO retail investors are offered 8,60,000 shares. Qualified institutional buyers (QIB) are offered in Adishakti Loha and Ispat IPO and in Nidan Laboratories and Healthcare IPO.

	Adishakti Loha and Ispat IPO	Nidan Laboratories and Healthcare IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,00,000 shares	2,00,000 shares
QIB
NII	8,60,000 shares	19,00,000 shares
RII	8,60,000 shares	19,00,000 shares
Employee
Others
Total	17,20,000 shares	38,00,000 shares

Bids Received (Subscription)

Adishakti Loha and Ispat IPO subscribed 1.84x in total, whereas Nidan Laboratories and Healthcare IPO subscribed 1.80x.

	Adishakti Loha and Ispat IPO	Nidan Laboratories and Healthcare IPO
QIB (times)
NII (times)	0.81x	0.15x
Big NII (times)
Small NII (times)
RII (times)	2.87x	3.44x
Employee (times)
Other (times)
Total (times)	1.84x	1.80x

Compare with others

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