Entero Healthcare Solutions IPO vs Vibhor Steel Tubes IPO

Comparision between Entero Healthcare Solutions IPO and Vibhor Steel Tubes IPO.

IPO Details

Entero Healthcare Solutions IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vibhor Steel Tubes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Jefferies India Private Limited Jm Financial Limited SBI Capital Markets Limited	Khambatta Securities Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
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 Entero Healthcare Solutions IPO is up to ₹1,600.00 Cr whereas the issue size of the Vibhor Steel Tubes IPO is up to ₹72.17 Cr. The final issue price of Entero Healthcare Solutions IPO is ₹1,258.00 per share and of Vibhor Steel Tubes IPO is ₹151.00 per share.

	Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,195.00 per share	₹141.00 per share
Issue Price (Upper)	₹1,258.00 per share	₹151.00 per share
Issue Price (Final)	₹1,258.00 per share	₹151.00 per share
Discount (Retail)
Discount (Employee)	₹119.00 per share
Market Lot Size	11 shares	99 shares
Fresh Issue Size	79,49,125 shares	47,79,444 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹72.17 Cr
OFS Issue Size	47,69,475 shares
OFS Issue Size (Amount)	up to ₹600.00 Cr
Issue Size Total	1,27,18,600 shares	47,79,444 shares
Issue Size Total (Amount)	up to ₹1,600.00 Cr	up to ₹72.17 Cr

IPO Timetable

Entero Healthcare Solutions IPO opens on Feb 09, 2024, while Vibhor Steel Tubes IPO opens on Feb 13, 2024. The closing date of Entero Healthcare Solutions IPO and Vibhor Steel Tubes IPO is Feb 13, 2024, and Feb 15, 2024, respectively.

	Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO
Anchor Bid Date	Feb 08, 2024	Feb 12, 2024
Issue Open	Feb 09, 2024	Feb 13, 2024
Issue Close	Feb 13, 2024	Feb 15, 2024
Basis Of Allotment (Tentative)	Feb 14, 2024	Feb 16, 2024
Initiation of Refunds (Tentative)	Feb 15, 2024	Feb 19, 2024
Credit of Share (Tentative)	Feb 15, 2024	Feb 19, 2024
Listing date (Tentative)	Feb 16, 2024	Feb 20, 2024
Anchor Lockin End date 1	Mar 15, 2024	Mar 17, 2024
Anchor Lockin End date 2	May 14, 2024	May 16, 2024

Financials

Entero Healthcare Solutions IPO P/E ratio is 0, as compared to Vibhor Steel Tubes IPO P/E ratio of 10.17.

Entero Healthcare Solutions IPO

Vibhor Steel Tubes IPO

Financial

Entero Healthcare Solutions Limited Financial Information (Restated Consolidated)

Entero Healthcare Solutions Limited's revenue increased by 30.84% and profit after tax (PAT) rose by 62.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,505.95	1,308.73	1,125.98	833.79
Revenue	1,898.98	3,305.72	2,526.55	1,783.67
Profit After Tax	11.64	-11.10	-29.44	-15.35
Net Worth	660.54	597.66	563.22	487.06
Total Borrowing	488.68	373.52	285.03	141.70
Amount in ₹ Crore

Vibhor Steel Tubes Limited Financial Information (Restated Consolidated)

Vibhor Steel Tubes Limited's revenue increased by 36.15% and profit after tax (PAT) rose by 85.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	376.48	293.63	248.54	172.93
Revenue	531.24	1,114.38	818.48	511.51
Profit After Tax	8.52	21.07	11.33	0.69
Net Worth	101.76	93.20	71.97	60.49
Total Borrowing	160.27	126.83	106.07	58.74
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

77.11%

98.24%

Promoter Shareholding (Post-Issue)

P/E Ratio

10.17

Market Cap

₹3021.21 Cr.

₹286.33 Cr.

ROE

-2.66%%

25.51%%

ROCE

6.06%%

16.48%%

Debt/Equity

0.45

1.63

EPS

₹0.00

₹14.85

RoNW

-1.86%%

22.60%%

Shares Offered

In the Entero Healthcare Solutions IPO retail investors (RII) are offered 13,07,073 shares while in Vibhor Steel Tubes IPO retail investors are offered 13,07,073 shares. Qualified institutional buyers (QIB) are offered 38,08,069 shares in Entero Healthcare Solutions IPO and 9,50,064 shares in Vibhor Steel Tubes IPO.

	Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO
Anchor Investor Reserveration	56,94,753 shares	14,24,907 shares
Market Maker Reserveration
QIB	38,08,069 shares	9,50,064 shares
NII	19,60,609 shares	7,12,491 shares
RII	13,07,073 shares	16,62,479 shares
Employee	74,349 shares	29,502 shares
Others
Total	71,50,100 shares	33,54,537 shares

Bids Received (Subscription)

Entero Healthcare Solutions IPO subscribed 1.53x in total, whereas Vibhor Steel Tubes IPO subscribed 320.05x.

	Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO
QIB (times)	2.28x	191.41x
NII (times)	0.22x	772.49x
Big NII (times)	0.16x	754.37x
Small NII (times)	0.33x	808.72x
RII (times)	1.33x	201.52x
Employee (times)	1.25x	215.79x
Other (times)
Total (times)	1.53x	320.05x

Compare with others

Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO
JG Chemicals IPO	Krystal Integrated Services IPO
Bharat Highways InvIT	JG Chemicals IPO
GPT Healthcare IPO	Bharat Highways InvIT
Juniper Hotels IPO	GPT Healthcare IPO
Vibhor Steel Tubes IPO	Juniper Hotels IPO
Exicom Tele-Systems IPO	Entero Healthcare Solutions IPO
Capital SFB IPO	Exicom Tele-Systems IPO
Jana SFB IPO	Capital SFB IPO
Platinum Industries IPO	Jana SFB IPO
Apeejay Surrendra Park IPO	Platinum Industries IPO

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