Healthy Life Agritec IPO vs Upsurge Seeds of Agriculture IPO

Comparision between Healthy Life Agritec IPO and Upsurge Seeds of Agriculture IPO.

IPO Details

Healthy Life Agritec IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Upsurge Seeds of Agriculture IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Healthy Life Agritec IPO	Upsurge Seeds of Agriculture 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	Finshore Management Services Limited	Finshore Management Services Limited
Registrar	Cameo Corporate Services Limited	Link Intime India Private 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 Healthy Life Agritec IPO is up to ₹10.00 Cr whereas the issue size of the Upsurge Seeds of Agriculture IPO is up to ₹22.81 Cr. The final issue price of Healthy Life Agritec IPO is ₹10.00 per share and of Upsurge Seeds of Agriculture IPO is ₹120.00 per share.

	Healthy Life Agritec IPO	Upsurge Seeds of Agriculture IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹10.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	1200 shares
Fresh Issue Size	1,00,00,000 shares	19,00,800 shares
Fresh Issue Size (Amount)	up to ₹10.00 Cr	up to ₹22.81 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,00,00,000 shares	19,00,800 shares
Issue Size Total (Amount)	up to ₹10.00 Cr	up to ₹22.81 Cr

IPO Timetable

Healthy Life Agritec IPO opens on Jul 13, 2022, while Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022. The closing date of Healthy Life Agritec IPO and Upsurge Seeds of Agriculture IPO is Jul 18, 2022, and Aug 02, 2022, respectively.

	Healthy Life Agritec IPO	Upsurge Seeds of Agriculture IPO
Anchor Bid Date
Issue Open	Jul 13, 2022	Jul 29, 2022
Issue Close	Jul 18, 2022	Aug 02, 2022
Basis Of Allotment (Tentative)	Jul 21, 2022	Aug 05, 2022
Initiation of Refunds (Tentative)	Jul 22, 2022	Aug 08, 2022
Credit of Share (Tentative)	Jul 25, 2022	Aug 10, 2022
Listing date (Tentative)	Jul 26, 2022	Aug 11, 2022
Anchor Lockin End date 1	Aug 20, 2022	Sep 04, 2022
Anchor Lockin End date 2	Oct 19, 2022	Nov 03, 2022

Financials

Healthy Life Agritec IPO P/E ratio is 26.31, as compared to Upsurge Seeds of Agriculture IPO P/E ratio of 21.35.

Healthy Life Agritec IPO

Upsurge Seeds of Agriculture IPO

Financial

Healthy Life Agritec Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-21	571.79	411.55	6.5	7.4	6.4
31-Mar-22	1464.35	2615.71	76.14	1083.54	82.54
Amount in ₹ Lakhs

Upsurge Seeds of Agriculture Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	835.39	1763.73	21.92	92.14	42.14
31-Mar-21	1811.8	6290.31	85.31	324.45	127.45
31-Mar-22	4087.49	7577.15	396.44	1119.3	603.4
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

96.92%

Promoter Shareholding (Post-Issue)

54.57%

70.82%

P/E Ratio

26.31

21.35

Market Cap

₹22.01 Cr.

₹84.72 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Healthy Life Agritec IPO retail investors (RII) are offered 47,50,000 shares while in Upsurge Seeds of Agriculture IPO retail investors are offered 47,50,000 shares. Qualified institutional buyers (QIB) are offered in Healthy Life Agritec IPO and in Upsurge Seeds of Agriculture IPO.

	Healthy Life Agritec IPO	Upsurge Seeds of Agriculture IPO
Anchor Investor Reserveration
Market Maker Reserveration	5,00,000 shares	96,000 shares
QIB
NII	47,50,000 shares	9,02,400 shares
RII	47,50,000 shares	9,02,400 shares
Employee
Others
Total	95,00,000 shares	18,04,800 shares

Bids Received (Subscription)

Healthy Life Agritec IPO subscribed 8.21x in total, whereas Upsurge Seeds of Agriculture IPO subscribed 80.50x.

	Healthy Life Agritec IPO	Upsurge Seeds of Agriculture IPO
QIB (times)
NII (times)	5.22x	101.70x
Big NII (times)
Small NII (times)
RII (times)	11.19x	59.29x
Employee (times)
Other (times)
Total (times)	8.21x	80.50x

Compare with others

Healthy Life Agritec IPO	Upsurge Seeds of Agriculture IPO
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Agni Green Power IPO	Veekayem Fashion and Apparels IPO
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