Asarfi Hospital IPO vs Service Care IPO

Comparision between Asarfi Hospital IPO and Service Care IPO.

IPO Details

Asarfi Hospital IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Service Care IPO is a SME Book Built Issue proposed to list at NSE SME.

	Asarfi Hospital IPO	Service Care IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Swastika Investmart Ltd
Registrar	Cameo Corporate Services Limited	Integrated Registry Management Services Private Limited
Market Maker	Hem Finlease Private Limited	Rikhav Securities 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 Asarfi Hospital IPO is up to ₹26.94 Cr whereas the issue size of the Service Care IPO is up to ₹20.68 Cr. The final issue price of Asarfi Hospital IPO is ₹52.00 per share and of Service Care IPO is ₹67.00 per share.

	Asarfi Hospital IPO	Service Care IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹63.00 per share
Issue Price (Upper)	₹52.00 per share	₹67.00 per share
Issue Price (Final)	₹52.00 per share	₹67.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	51,80,000 shares	30,86,000 shares
Fresh Issue Size (Amount)	up to ₹26.94 Cr	up to ₹20.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,80,000 shares	30,86,000 shares
Issue Size Total (Amount)	up to ₹26.94 Cr	up to ₹20.68 Cr

IPO Timetable

Asarfi Hospital IPO opens on Jul 17, 2023, while Service Care IPO opens on Jul 14, 2023. The closing date of Asarfi Hospital IPO and Service Care IPO is Jul 19, 2023, and Jul 18, 2023, respectively.

	Asarfi Hospital IPO	Service Care IPO
Anchor Bid Date	Jul 14, 2023
Issue Open	Jul 17, 2023	Jul 14, 2023
Issue Close	Jul 19, 2023	Jul 18, 2023
Basis Of Allotment (Tentative)	Jul 24, 2023	Jul 21, 2023
Initiation of Refunds (Tentative)	Jul 25, 2023	Jul 24, 2023
Credit of Share (Tentative)	Jul 26, 2023	Jul 25, 2023
Listing date (Tentative)	Jul 26, 2023	Jul 26, 2023
Anchor Lockin End date 1	Aug 23, 2023	Aug 20, 2023
Anchor Lockin End date 2	Oct 22, 2023	Oct 19, 2023

Financials

Asarfi Hospital IPO P/E ratio is 12.78, as compared to Service Care IPO P/E ratio of 21.2.

Asarfi Hospital IPO

Service Care IPO

Financial

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

Service Care Private Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,920.92	10,812.34	136.28	434.38	433.38	306.01
31-Mar-21	2,019.92	8,933.38	23.46	457.84	456.84	314.56
31-Mar-22	2,430.89	11,501.64	174.48	632.32	631.32	341.47
31-Jan-23	3,181.30	13,217.29	302.34	1,134.66	1,133.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.03%

100%

Promoter Shareholding (Post-Issue)

61.17%

P/E Ratio

12.78

21.2

Market Cap

₹102.32 Cr.

₹77.04 Cr.

ROE

19.16%%

0.34%

ROCE

19.91%%

0.37%

Debt/Equity

0.41

EPS

₹7.58

₹1744.81

RoNW

19.16%

26.65%

Shares Offered

In the Asarfi Hospital IPO retail investors (RII) are offered 17,22,000 shares while in Service Care IPO retail investors are offered 17,22,000 shares. Qualified institutional buyers (QIB) are offered 9,84,000 shares in Asarfi Hospital IPO and 2,94,000 shares in Service Care IPO.

	Asarfi Hospital IPO	Service Care IPO
Anchor Investor Reserveration	14,76,000 shares
Market Maker Reserveration	2,60,000 shares	1,56,000 shares
QIB	9,84,000 shares	2,94,000 shares
NII	7,38,000 shares	13,18,000 shares
RII	17,22,000 shares	13,18,000 shares
Employee	0 shares	0 shares
Others
Total	34,44,000 shares	29,30,000 shares

Bids Received (Subscription)

Asarfi Hospital IPO subscribed 195.14x in total, whereas Service Care IPO subscribed 6.44x.

	Asarfi Hospital IPO	Service Care IPO
QIB (times)	50.60x	5.10x
NII (times)	451.62x	2.64x
Big NII (times)
Small NII (times)
RII (times)	167.81x	10.54x
Employee (times)
Other (times)
Total (times)	195.14x	6.44x

Compare with others

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

Comments

Add a public comment...