Maitreya Medicare Limited IPO vs On Door Concepts IPO

Comparision between Maitreya Medicare Limited IPO and On Door Concepts IPO.

IPO Details

Maitreya Medicare Limited IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while On Door Concepts IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Maitreya Medicare Limited IPO	On Door Concepts IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	First Overseas Capital Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Bhh 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 Maitreya Medicare Limited IPO is up to ₹14.89 Cr whereas the issue size of the On Door Concepts IPO is up to ₹31.18 Cr. The final issue price of Maitreya Medicare Limited IPO is ₹82.00 per share and of On Door Concepts IPO is ₹208.00 per share.

	Maitreya Medicare Limited IPO	On Door Concepts 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)	₹82.00 per share	₹208.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	600 shares
Fresh Issue Size	18,16,000 shares	14,98,800 shares
Fresh Issue Size (Amount)	up to ₹14.89 Cr	up to ₹31.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,16,000 shares	14,98,800 shares
Issue Size Total (Amount)	up to ₹14.89 Cr	up to ₹31.18 Cr

IPO Timetable

Maitreya Medicare Limited IPO opens on Oct 27, 2023, while On Door Concepts IPO opens on Oct 23, 2023. The closing date of Maitreya Medicare Limited IPO and On Door Concepts IPO is Nov 01, 2023, and Oct 27, 2023, respectively.

	Maitreya Medicare Limited IPO	On Door Concepts IPO
Anchor Bid Date	Oct 26, 2023
Issue Open	Oct 27, 2023	Oct 23, 2023
Issue Close	Nov 01, 2023	Oct 27, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Oct 31, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 01, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 01, 2023
Listing date (Tentative)	Nov 07, 2023	Nov 01, 2023
Anchor Lockin End date 1	Dec 06, 2023	Nov 30, 2023
Anchor Lockin End date 2	Feb 04, 2024	Jan 29, 2024

Financials

Maitreya Medicare Limited IPO P/E ratio is 10.34, as compared to On Door Concepts IPO P/E ratio of 4.56.

Maitreya Medicare Limited IPO

On Door Concepts IPO

Financial

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

On Door Concepts Limited Financial Information (Restated)

On Door Concepts Limited's revenue increased by 3.93% and profit after tax (PAT) rose by 343.25% 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	9,009.46	7,782.37	6,563.49
Revenue	18,015.02	17,333.09	18,306.01
Profit After Tax	1,306.18	-536.98	-523.44
Net Worth	5,120.78	-6,625.38	-6,088.40
Reserves and Surplus	4,734.32	-6,827.89	-6,290.91
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

51.92%

Promoter Shareholding (Post-Issue)

73.20%

38.14%

P/E Ratio

10.34

4.56

Market Cap

₹55.56 Cr.

₹117.49 Cr.

ROE

50.15%%

25.51%%

ROCE

42.71%%

50.90%%

Debt/Equity

EPS

₹7.93

₹56.77

RoNW

45.49%%

25.51%%

Shares Offered

In the Maitreya Medicare Limited IPO retail investors (RII) are offered 6,11,200 shares while in On Door Concepts IPO retail investors are offered 6,11,200 shares. Qualified institutional buyers (QIB) are offered 3,29,600 shares in Maitreya Medicare Limited IPO and 0 shares in On Door Concepts IPO.

	Maitreya Medicare Limited IPO	On Door Concepts IPO
Anchor Investor Reserveration	4,94,400 shares
Market Maker Reserveration	1,08,800 shares	86,400 shares
QIB	3,29,600 shares	0 shares
NII	2,72,000 shares	7,06,200 shares
RII	6,11,200 shares	7,06,200 shares
Employee	0 shares	0 shares
Others
Total	12,12,800 shares	14,12,400 shares

Bids Received (Subscription)

Maitreya Medicare Limited IPO subscribed 446.79x in total, whereas On Door Concepts IPO subscribed 5.59x.

	Maitreya Medicare Limited IPO	On Door Concepts IPO
QIB (times)	85.41x
NII (times)	744.03x	3.16x
Big NII (times)
Small NII (times)
RII (times)	509.40x	7.87x
Employee (times)
Other (times)
Total (times)	446.79x	5.59x

Compare with others

Maitreya Medicare Limited IPO	On Door Concepts IPO
Vrundavan Plantation IPO	Transteel Seating Technologies IPO
Mish Designs IPO	Benchmark Computer Solutions IPO
KK Shah Hospitals IPO	Maitreya Medicare Limited IPO
Transteel Seating Technologies IPO	Shanthala FMCG Products IPO
Benchmark Computer Solutions IPO	Paragon Fine And Speciality Chemicals IPO
Shanthala FMCG Products IPO	Arvind and Company Shipping Agencies IPO
Paragon Fine And Speciality Chemicals IPO	WomanCart IPO
On Door Concepts IPO	Vivaa Tradecom IPO
Arvind and Company Shipping Agencies IPO	Karnika Industries IPO
WomanCart IPO	City Crops Agro IPO

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