Jyoti CNC Automation IPO vs Medi Assist Healthcare IPO

Comparision between Jyoti CNC Automation IPO and Medi Assist Healthcare IPO.

IPO Details

Jyoti CNC Automation IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Medi Assist Healthcare IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Jyoti CNC Automation IPO	Medi Assist Healthcare 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	Equirus Capital Private Limited ICICI Securities Limited SBI Capital Markets Limited	Axis Bank Limited Iifl Securities Ltd Nuvama Wealth Management Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Jyoti CNC Automation IPO is up to ₹1,000.00 Cr whereas the issue size of the Medi Assist Healthcare IPO is up to ₹1,171.58 Cr. The final issue price of Jyoti CNC Automation IPO is ₹331.00 per share and of Medi Assist Healthcare IPO is ₹418.00 per share.

	Jyoti CNC Automation IPO	Medi Assist Healthcare IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹315.00 per share	₹397.00 per share
Issue Price (Upper)	₹331.00 per share	₹418.00 per share
Issue Price (Final)	₹331.00 per share	₹418.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	45 shares	35 shares
Fresh Issue Size	3,02,11,480 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr
OFS Issue Size		2,80,28,168 shares
OFS Issue Size (Amount)		up to ₹1,171.58 Cr
Issue Size Total	3,02,11,480 shares	2,80,28,168 shares
Issue Size Total (Amount)	up to ₹1,000.00 Cr	up to ₹1,171.58 Cr

IPO Timetable

Jyoti CNC Automation IPO opens on Jan 09, 2024, while Medi Assist Healthcare IPO opens on Jan 15, 2024. The closing date of Jyoti CNC Automation IPO and Medi Assist Healthcare IPO is Jan 11, 2024, and Jan 17, 2024, respectively.

	Jyoti CNC Automation IPO	Medi Assist Healthcare IPO
Anchor Bid Date	Jan 08, 2024	Jan 12, 2024
Issue Open	Jan 09, 2024	Jan 15, 2024
Issue Close	Jan 11, 2024	Jan 17, 2024
Basis Of Allotment (Tentative)	Jan 12, 2024	Jan 18, 2024
Initiation of Refunds (Tentative)	Jan 15, 2024	Jan 19, 2024
Credit of Share (Tentative)	Jan 15, 2024	Jan 19, 2024
Listing date (Tentative)	Jan 16, 2024	Jan 23, 2024
Anchor Lockin End date 1	Feb 11, 2024	Feb 17, 2024
Anchor Lockin End date 2	Apr 11, 2024	Apr 17, 2024

Financials

Jyoti CNC Automation IPO P/E ratio is 433.43, as compared to Medi Assist Healthcare IPO P/E ratio of 38.22.

Jyoti CNC Automation IPO

Medi Assist Healthcare IPO

Financial

Jyoti CNC Automation Limited Financial Information (Restated Consolidated)

Jyoti CNC Automation Limited's revenue increased by 27% and profit after tax (PAT) rose by 131.18% 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	1,706.07	1,515.38	1,286.24	1,388.19
Revenue	510.53	952.60	750.06	590.09
Profit After Tax	3.35	15.06	-48.30	-70.03
Net Worth	205.63	36.23	-29.68	18.67
Reserves and Surplus	213.33	49.14	11.67	83.11
Total Borrowing	821.40	834.97	792.16	725.12
Amount in ₹ Crore

Medi Assist Healthcare Services Limited Financial Information (Restated Consolidated)

Medi Assist Healthcare Services Limited's revenue increased by 25.95% and profit after tax (PAT) rose by 18.66% 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	802.62	705.72	602.23	545.30
Revenue	312.03	518.96	412.02	345.57
Profit After Tax	45.26	75.31	63.47	38.01
Net Worth	416.64	383.67	339.29	292.55
Reserves and Surplus	102.03	353.86	308.63	295.81
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

72.66%

67.55%

Promoter Shareholding (Post-Issue)

62.6%

45.75%

P/E Ratio

433.43

38.22

Market Cap

₹7527.47 Cr.

₹2878.32 Cr.

ROE

18.35%%

ROCE

9.50%%

24.95%%

Debt/Equity

10.17

EPS

₹0.76

₹10.94

RoNW

18.35%%

19.63%

Shares Offered

In the Jyoti CNC Automation IPO retail investors (RII) are offered 30,06,042 shares while in Medi Assist Healthcare IPO retail investors are offered 30,06,042 shares. Qualified institutional buyers (QIB) are offered 90,18,127 shares in Jyoti CNC Automation IPO and 56,05,634 shares in Medi Assist Healthcare IPO.

	Jyoti CNC Automation IPO	Medi Assist Healthcare IPO
Anchor Investor Reserveration	1,35,27,190 shares	84,08,449 shares
Market Maker Reserveration
QIB	90,18,127 shares	56,05,634 shares
NII	45,09,064 shares	42,04,226 shares
RII	30,06,042 shares	98,09,859 shares
Employee	1,58,227 shares	0 shares
Others
Total	1,66,91,460 shares	1,96,19,719 shares

Bids Received (Subscription)

Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Medi Assist Healthcare IPO subscribed 16.25x.

	Jyoti CNC Automation IPO	Medi Assist Healthcare IPO
QIB (times)	46.37x	40.14x
NII (times)	38.33x	14.85x
Big NII (times)	42.77x	17.22x
Small NII (times)	29.47x	10.12x
RII (times)	27.50x	3.19x
Employee (times)	13.14x
Other (times)
Total (times)	40.49x	16.25x

Compare with others

Jyoti CNC Automation IPO	Medi Assist Healthcare IPO
BLS E-Services IPO	Rashi Peripherals IPO
R K SWAMY IPO	BLS E-Services IPO
EPACK Durable IPO	R K SWAMY IPO
Nova AgriTech IPO	EPACK Durable IPO
Medi Assist Healthcare IPO	Nova AgriTech IPO
Innova Captab IPO	Jyoti CNC Automation IPO
Azad Engineering IPO	Innova Captab IPO
Mufti Menswear IPO	Azad Engineering IPO
Inox CVA IPO	Mufti Menswear IPO
Suraj Estate Developers IPO	Inox CVA IPO

1 Comments

1. r t shah

| Link|January 4, 2024 11:42:20 AMReply

Mediassist looks much better option for long term and short term