Chetana Education IPO vs Clinitech Laboratory IPO

Comparision between Chetana Education IPO and Clinitech Laboratory IPO.

IPO Details

Chetana Education IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Clinitech Laboratory IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Chetana Education IPO	Clinitech Laboratory IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Inventure Merchant Banker Services Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Svcm Securities 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 Chetana Education IPO is up to ₹45.90 Cr whereas the issue size of the Clinitech Laboratory IPO is up to ₹5.78 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Clinitech Laboratory IPO is ₹96.00 per share.

	Chetana Education IPO	Clinitech Laboratory IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share
Issue Price (Upper)	₹85.00 per share
Issue Price (Final)	₹85.00 per share	₹96.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	54,00,000 shares	6,02,400 shares
Fresh Issue Size (Amount)	up to ₹45.90 Cr	up to ₹5.78 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,00,000 shares	6,02,400 shares
Issue Size Total (Amount)	up to ₹45.90 Cr	up to ₹5.78 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while Clinitech Laboratory IPO opens on Jul 25, 2024. The closing date of Chetana Education IPO and Clinitech Laboratory IPO is Jul 26, 2024, and Jul 29, 2024, respectively.

	Chetana Education IPO	Clinitech Laboratory IPO
Anchor Bid Date	Jul 23, 2024
Issue Open	Jul 24, 2024	Jul 25, 2024
Issue Close	Jul 26, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Jul 29, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Jul 30, 2024	Jul 31, 2024
Credit of Share (Tentative)	Jul 30, 2024	Jul 31, 2024
Listing date (Tentative)	Jul 31, 2024	Aug 01, 2024
Anchor Lockin End date 1	Aug 28, 2024
Anchor Lockin End date 2	Oct 27, 2024

Financials

Chetana Education IPO P/E ratio is 10.59, as compared to Clinitech Laboratory IPO P/E ratio of 43.45.

Chetana Education IPO

Clinitech Laboratory IPO

Financial

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,475.09	8,315.08	7,605.82	6,825.10
Revenue	9,367.06	7,560.77	4,312.21	3,270.96
Profit After Tax	1,203.47	685.47	168.06	280.30
Net Worth	2,524.55	2,281.92	1,947.33	2,091.10
Reserves and Surplus	1,024.55
Total Borrowing	5,128.73	4,299.50	3,876.03	3,487.85
Amount in ₹ Lakhs

Clinitech Laboratory Limited Financial Information (Restated)

Clinitech Laboratory Limited's revenue increased by 1.19% and profit after tax (PAT) dropped by -39.46% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	560.79	603.33	368.74	273.32
Revenue	643.92	636.34	645.70	459.63
Profit After Tax	37.12	61.31	51.26	40.24
Net Worth	354.80	238.08	184.81	139.03
Reserves and Surplus	186.80	88.08	34.81	72.37
Total Borrowing	86.31	102.91	88.61	53.67
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

83.63%

Promoter Shareholding (Post-Issue)

73.53%

61.56%

P/E Ratio

10.59

43.45

Market Cap

₹173.40 Cr.

₹21.91 Cr.

ROE

50.08%%

ROCE

26.87%%

Debt/Equity

0.24

EPS

₹8.02

₹2.21

RoNW

47.67%%

10.46%%

Shares Offered

In the Chetana Education IPO retail investors (RII) are offered 17,95,200 shares while in Clinitech Laboratory IPO retail investors are offered 17,95,200 shares. Qualified institutional buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 0 shares in Clinitech Laboratory IPO.

	Chetana Education IPO	Clinitech Laboratory IPO
Anchor Investor Reserveration	15,36,000 shares
Market Maker Reserveration	2,73,600 shares	31,200 shares
QIB	10,25,600 shares	0 shares
NII	7,69,600 shares	3,01,200 shares
RII	17,95,200 shares	3,01,200 shares
Employee	0 shares	0 shares
Others
Total	35,90,400 shares	5,71,200 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas Clinitech Laboratory IPO subscribed 38.96x.

	Chetana Education IPO	Clinitech Laboratory IPO
QIB (times)	101.22x
NII (times)	468.42x	23.28x
Big NII (times)
Small NII (times)
RII (times)	135.11x	49.61x
Employee (times)
Other (times)
Total (times)	196.87x	38.96x

Compare with others

Chetana Education IPO	Clinitech Laboratory IPO
Trom Industries IPO	Esprit Stones IPO
Esprit Stones IPO	S A Tech Software India IPO
S A Tech Software India IPO	Aprameya Engineering IPO
Aprameya Engineering IPO	Manglam Infra And Engineering IPO
Manglam Infra And Engineering IPO	Chetana Education IPO
Clinitech Laboratory IPO	VVIP Infratech IPO
VVIP Infratech IPO	V.L.Infraprojects IPO
V.L.Infraprojects IPO	RNFI Services IPO
RNFI Services IPO	Macobs Technologies IPO
Macobs Technologies IPO	Kataria Industries IPO

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