Arvind and Company Shipping Agencies IPO vs Maitreya Medicare Limited IPO

Comparision between Arvind and Company Shipping Agencies IPO and Maitreya Medicare Limited IPO.

IPO Details

Arvind and Company Shipping Agencies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Maitreya Medicare Limited IPO is a SME Book Built Issue proposed to list at NSE SME.

	Arvind and Company Shipping Agencies IPO	Maitreya Medicare Limited IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	GYR Capital Advisors Private Limited
Registrar	Skyline Financial Services Private Ltd	Link Intime India Private Ltd
Market Maker	Spread X Securities Private Limited	Giriraj Stock Broking 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 Arvind and Company Shipping Agencies IPO is up to ₹14.74 Cr whereas the issue size of the Maitreya Medicare Limited IPO is up to ₹14.89 Cr. The final issue price of Arvind and Company Shipping Agencies IPO is ₹45.00 per share and of Maitreya Medicare Limited IPO is ₹82.00 per share.

	Arvind and Company Shipping Agencies IPO	Maitreya Medicare Limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹82.00 per share
Issue Price (Final)	₹45.00 per share	₹82.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	32,76,000 shares	18,16,000 shares
Fresh Issue Size (Amount)	up to ₹14.74 Cr	up to ₹14.89 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,76,000 shares	18,16,000 shares
Issue Size Total (Amount)	up to ₹14.74 Cr	up to ₹14.89 Cr

IPO Timetable

Arvind and Company Shipping Agencies IPO opens on Oct 12, 2023, while Maitreya Medicare Limited IPO opens on Oct 27, 2023. The closing date of Arvind and Company Shipping Agencies IPO and Maitreya Medicare Limited IPO is Oct 16, 2023, and Nov 01, 2023, respectively.

	Arvind and Company Shipping Agencies IPO	Maitreya Medicare Limited IPO
Anchor Bid Date		Oct 26, 2023
Issue Open	Oct 12, 2023	Oct 27, 2023
Issue Close	Oct 16, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Oct 19, 2023	Nov 06, 2023
Initiation of Refunds (Tentative)	Oct 20, 2023	Nov 07, 2023
Credit of Share (Tentative)	Oct 23, 2023	Nov 07, 2023
Listing date (Tentative)	Oct 25, 2023	Nov 07, 2023
Anchor Lockin End date 1	Nov 18, 2023	Dec 06, 2023
Anchor Lockin End date 2	Jan 17, 2024	Feb 04, 2024

Financials

Arvind and Company Shipping Agencies IPO P/E ratio is 9.74, as compared to Maitreya Medicare Limited IPO P/E ratio of 10.34.

Arvind and Company Shipping Agencies IPO

Maitreya Medicare Limited IPO

Financial

Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)

Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,381.18	1,860.94	578.46
Revenue	841.10	331.44	52.51
Profit After Tax	347.12	100.28	23.75
Net Worth	914.05	566.92	467.61
Reserves and Surplus	913.05	565.92	466.61
Total Borrowing	2,232.21	1,221.04	105.84
Amount in ₹ Lakhs

Maitreya Medicare Limited Financial Information (Restated Consolidated)

Maitreya Medicare Limited's revenue decreased by -19.69% and profit after tax (PAT) rose by 271.95% 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	3,122.31	2,749.89	2,448.79	2,527.23
Revenue	2,484.51	3,994.91	4,974.41	5,704.44
Profit After Tax	254.05	422.65	113.63	424.34
Net Worth	1,118.31	864.26	471.11	386.22
Reserves and Surplus
Total Borrowing	520.21	585.12	750.25	919.05
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73%

73.20%

P/E Ratio

9.74

10.34

Market Cap

₹54.62 Cr.

₹55.56 Cr.

ROE

46.88%%

50.15%%

ROCE

37.44%%

42.71%%

Debt/Equity

2.44

EPS

₹4.62

₹7.93

RoNW

46.88%%

45.49%%

Shares Offered

In the Arvind and Company Shipping Agencies IPO retail investors (RII) are offered 15,54,000 shares while in Maitreya Medicare Limited IPO retail investors are offered 15,54,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arvind and Company Shipping Agencies IPO and 3,29,600 shares in Maitreya Medicare Limited IPO.

	Arvind and Company Shipping Agencies IPO	Maitreya Medicare Limited IPO
Anchor Investor Reserveration		4,94,400 shares
Market Maker Reserveration	1,68,000 shares	1,08,800 shares
QIB	0 shares	3,29,600 shares
NII	15,54,000 shares	2,72,000 shares
RII	15,54,000 shares	6,11,200 shares
Employee	0 shares	0 shares
Others
Total	31,08,000 shares	12,12,800 shares

Bids Received (Subscription)

Arvind and Company Shipping Agencies IPO subscribed 385.03x in total, whereas Maitreya Medicare Limited IPO subscribed 446.79x.

	Arvind and Company Shipping Agencies IPO	Maitreya Medicare Limited IPO
QIB (times)		85.41x
NII (times)	436.05x	744.03x
Big NII (times)
Small NII (times)
RII (times)	321.97x	509.40x
Employee (times)
Other (times)
Total (times)	385.03x	446.79x

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