EnNutrica IPO vs Medicamen Organics IPO

Comparision between EnNutrica IPO and Medicamen Organics IPO.

IPO Details

EnNutrica IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Medicamen Organics IPO is a SME Book Built Issue proposed to list at NSE SME.

	EnNutrica IPO	Medicamen Organics 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	Beeline Capital Advisors Pvt Ltd	GYR Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker	Spread X Securities Private Limited	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of EnNutrica IPO is up to ₹34.83 Cr whereas the issue size of the Medicamen Organics IPO is up to ₹10.54 Cr. The final issue price of EnNutrica IPO is ₹54.00 per share and of Medicamen Organics IPO is ₹34.00 per share.

	EnNutrica IPO	Medicamen Organics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹32.00 per share
Issue Price (Upper)	₹54.00 per share	₹34.00 per share
Issue Price (Final)	₹54.00 per share	₹34.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	4000 shares
Fresh Issue Size	64,50,000 shares	31,00,000 shares
Fresh Issue Size (Amount)	up to ₹34.83 Cr	up to ₹10.54 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,50,000 shares	31,00,000 shares
Issue Size Total (Amount)	up to ₹34.83 Cr	up to ₹10.54 Cr

IPO Timetable

EnNutrica IPO opens on Jun 20, 2024, while Medicamen Organics IPO opens on Jun 21, 2024. The closing date of EnNutrica IPO and Medicamen Organics IPO is Jun 24, 2024, and Jun 25, 2024, respectively.

	EnNutrica IPO	Medicamen Organics IPO
Anchor Bid Date	Jun 19, 2024	Jun 20, 2024
Issue Open	Jun 20, 2024	Jun 21, 2024
Issue Close	Jun 24, 2024	Jun 25, 2024
Basis Of Allotment (Tentative)	Jun 25, 2024	Jun 26, 2024
Initiation of Refunds (Tentative)	Jun 26, 2024	Jun 27, 2024
Credit of Share (Tentative)	Jun 26, 2024	Jun 27, 2024
Listing date (Tentative)	Jun 27, 2024	Jun 28, 2024
Anchor Lockin End date 1	Jul 25, 2024	Jul 26, 2024
Anchor Lockin End date 2	Sep 23, 2024	Sep 24, 2024

Financials

EnNutrica IPO P/E ratio is 18.47, as compared to Medicamen Organics IPO P/E ratio of 30.53.

EnNutrica IPO

Medicamen Organics IPO

Financial

Dindigul Farm Product Limited Financial Information (Restated)

Dindigul Farm Product Limited's revenue increased by 188.19% and profit after tax (PAT) rose by 225.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,123.46	2,899.84	2,995.07	2,995.07
Revenue	6,876.65	8,199.34	2,845.07	1,840.72
Profit After Tax	588.40	525.79	-420.08	-461.19
Net Worth	393.94	-1,638.46	-2,162.72	-1,742.64
Total Borrowing	2,263.87	2,398.37	2,579.25	2,716.23
Amount in ₹ Lakhs

Medicamen Organics Limited Financial Information (Restated)

Medicamen Organics Limited's revenue increased by 10.13% and profit after tax (PAT) rose by 151% 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	3,858.07	3,211.98	2,707.21	2,634.37
Revenue	2,528.96	2,296.24	2,118.67	2,505.96
Profit After Tax	240.41	95.78	9.23	29.81
Net Worth	1,518.40	851.71	755.92	746.72
Reserves and Surplus	658.40	251.71	155.92	146.72
Total Borrowing	1,265.65	1,179.50	1,024.57	958.97
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

80.66%

81.21%

Promoter Shareholding (Post-Issue)

59.36%

P/E Ratio

18.47

30.53

Market Cap

₹131.92 Cr.

₹39.78 Cr.

ROE

-0.95%%

19.90%%

ROCE

0.62%%

14.50%%

Debt/Equity

4.63

0.83

EPS

₹2.92

₹1.11

RoNW

149.49%%

15.83%

Shares Offered

In the EnNutrica IPO retail investors (RII) are offered 21,44,000 shares while in Medicamen Organics IPO retail investors are offered 21,44,000 shares. Qualified institutional buyers (QIB) are offered 12,26,000 shares in EnNutrica IPO and 5,84,000 shares in Medicamen Organics IPO.

	EnNutrica IPO	Medicamen Organics IPO
Anchor Investor Reserveration	18,34,000 shares	8,76,000 shares
Market Maker Reserveration	3,26,000 shares	1,72,000 shares
QIB	12,26,000 shares	5,84,000 shares
NII	9,20,000 shares	4,40,000 shares
RII	21,44,000 shares	10,28,000 shares
Employee	0 shares	0 shares
Others
Total	42,90,000 shares	20,52,000 shares

Bids Received (Subscription)

EnNutrica IPO subscribed 202.35x in total, whereas Medicamen Organics IPO subscribed 993.56x.

	EnNutrica IPO	Medicamen Organics IPO
QIB (times)	145.62x	173.03x
NII (times)	280.06x	1,343.83x
Big NII (times)
Small NII (times)
RII (times)	201.44x	1,309.77x
Employee (times)
Other (times)
Total (times)	202.35x	993.56x

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EnNutrica IPO	Medicamen Organics IPO
Shivalic Power Control IPO	Sylvan Plyboard IPO
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Medicamen Organics IPO	Winny Immigration IPO
Falcon Technoprojects India IPO	EnNutrica IPO
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