Medicamen Organics IPO vs Sylvan Plyboard IPO

Comparision between Medicamen Organics IPO and Sylvan Plyboard IPO.

IPO Details

Medicamen Organics IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sylvan Plyboard IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Medicamen Organics IPO	Sylvan Plyboard 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	Finshore Management Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Black Fox Financial 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 Medicamen Organics IPO is up to ₹10.54 Cr whereas the issue size of the Sylvan Plyboard IPO is up to ₹28.05 Cr. The final issue price of Medicamen Organics IPO is ₹34.00 per share and of Sylvan Plyboard IPO is ₹55.00 per share.

	Medicamen Organics IPO	Sylvan Plyboard IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹32.00 per share
Issue Price (Upper)	₹34.00 per share
Issue Price (Final)	₹34.00 per share	₹55.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size	31,00,000 shares	51,00,000 shares
Fresh Issue Size (Amount)	up to ₹10.54 Cr	up to ₹28.05 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	31,00,000 shares	51,00,000 shares
Issue Size Total (Amount)	up to ₹10.54 Cr	up to ₹28.05 Cr

IPO Timetable

Medicamen Organics IPO opens on Jun 21, 2024, while Sylvan Plyboard IPO opens on Jun 24, 2024. The closing date of Medicamen Organics IPO and Sylvan Plyboard IPO is Jun 25, 2024, and Jun 26, 2024, respectively.

	Medicamen Organics IPO	Sylvan Plyboard IPO
Anchor Bid Date	Jun 20, 2024
Issue Open	Jun 21, 2024	Jun 24, 2024
Issue Close	Jun 25, 2024	Jun 26, 2024
Basis Of Allotment (Tentative)	Jun 26, 2024	Jun 27, 2024
Initiation of Refunds (Tentative)	Jun 27, 2024	Jun 28, 2024
Credit of Share (Tentative)	Jun 27, 2024	Jun 28, 2024
Listing date (Tentative)	Jun 28, 2024	Jul 01, 2024
Anchor Lockin End date 1	Jul 26, 2024
Anchor Lockin End date 2	Sep 24, 2024

Financials

Medicamen Organics IPO P/E ratio is 30.53, as compared to Sylvan Plyboard IPO P/E ratio of 22.25.

Medicamen Organics IPO

Sylvan Plyboard IPO

Financial

Medicamen Organics Limited Financial Information (Restated)

Medicamen Organics Limited's revenue increased by 10.13% and profit after tax (PAT) rose by 151% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,858.07	3,211.98	2,707.21	2,634.37
Revenue	2,528.96	2,296.24	2,118.67	2,505.96
Profit After Tax	240.41	95.78	9.23	29.81
Net Worth	1,518.40	851.71	755.92	746.72
Reserves and Surplus	658.40	251.71	155.92	146.72
Total Borrowing	1,265.65	1,179.50	1,024.57	958.97
Amount in ₹ Lakhs

Sylvan Plyboard (India) Ltd Financial Information (Restated)

Sylvan Plyboard (India) Ltd's revenue increased by 15.17% and profit after tax (PAT) rose by 15.57% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	21,726.74	20,398.47	18,142.32	16,550.83
Revenue	16,193.24	19,915.32	17,292.63	11,028.91
Profit After Tax	447.98	352.85	305.31	37.09
Net Worth	9,456.77	8,811.78	8,283.26	7,977.95
Reserves and Surplus	8,029.28	7,882.14	7,374.05	7,068.74
Total Borrowing	6,454.53	5,500.55	4,579.24	4,701.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.21%

99.80%

Promoter Shareholding (Post-Issue)

71.23%

P/E Ratio

30.53

22.25

Market Cap

₹39.78 Cr.

₹106.56 Cr.

ROE

19.90%%

4.90%%

ROCE

14.50%%

7.56%%

Debt/Equity

0.83

0.68

EPS

₹1.11

₹2.47

RoNW

15.83%

4.74%%

Shares Offered

In the Medicamen Organics IPO retail investors (RII) are offered 10,28,000 shares while in Sylvan Plyboard IPO retail investors are offered 10,28,000 shares. Qualified institutional buyers (QIB) are offered 5,84,000 shares in Medicamen Organics IPO and 0 shares in Sylvan Plyboard IPO.

	Medicamen Organics IPO	Sylvan Plyboard IPO
Anchor Investor Reserveration	8,76,000 shares
Market Maker Reserveration	1,72,000 shares	2,56,000 shares
QIB	5,84,000 shares	0 shares
NII	4,40,000 shares	24,22,000 shares
RII	10,28,000 shares	24,22,000 shares
Employee	0 shares	0 shares
Others
Total	20,52,000 shares	48,44,000 shares

Bids Received (Subscription)

Medicamen Organics IPO subscribed 993.56x in total, whereas Sylvan Plyboard IPO subscribed 84.03x.

	Medicamen Organics IPO	Sylvan Plyboard IPO
QIB (times)	173.03x
NII (times)	1,343.83x	75.42x
Big NII (times)
Small NII (times)
RII (times)	1,309.77x	84.11x
Employee (times)
Other (times)
Total (times)	993.56x	84.03x

Compare with others

Medicamen Organics IPO	Sylvan Plyboard IPO
Sylvan Plyboard IPO	Nephro Care India IPO
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GEM Enviro IPO	Winny Immigration IPO
GPES Solar IPO	Medicamen Organics IPO

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