Nidan Laboratories and Healthcare IPO vs Suyog Gurbaxani Funicular Ropeways IPO

Comparision between Nidan Laboratories and Healthcare IPO and Suyog Gurbaxani Funicular Ropeways IPO.

IPO Details

Nidan Laboratories and Healthcare IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Suyog Gurbaxani Funicular Ropeways IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Nidan Laboratories and Healthcare IPO	Suyog Gurbaxani Funicular Ropeways IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	First Overseas Capital Limited	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Nidan Laboratories and Healthcare IPO is up to ₹50.00 Cr whereas the issue size of the Suyog Gurbaxani Funicular Ropeways IPO is up to ₹29.50 Cr. The final issue price of Nidan Laboratories and Healthcare IPO is ₹125.00 per share and of Suyog Gurbaxani Funicular Ropeways IPO is ₹45.00 per share.

	Nidan Laboratories and Healthcare IPO	Suyog Gurbaxani Funicular Ropeways IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹125.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	3000 shares
Fresh Issue Size		15,00,000 shares
Fresh Issue Size (Amount)		up to ₹6.75 Cr
OFS Issue Size		50,55,000 shares
OFS Issue Size (Amount)		up to ₹22.75 Cr
Issue Size Total	40,00,000 shares	65,55,000 shares
Issue Size Total (Amount)	up to ₹50.00 Cr	up to ₹29.50 Cr

IPO Timetable

Nidan Laboratories and Healthcare IPO opens on Oct 28, 2021, while Suyog Gurbaxani Funicular Ropeways IPO opens on Nov 01, 2021. The closing date of Nidan Laboratories and Healthcare IPO and Suyog Gurbaxani Funicular Ropeways IPO is Nov 02, 2021, and Nov 08, 2021, respectively.

	Nidan Laboratories and Healthcare IPO	Suyog Gurbaxani Funicular Ropeways IPO
Anchor Bid Date
Issue Open	Oct 28, 2021	Nov 01, 2021
Issue Close	Nov 02, 2021	Nov 08, 2021
Basis Of Allotment (Tentative)	Nov 09, 2021	Nov 11, 2021
Initiation of Refunds (Tentative)	Nov 10, 2021	Nov 12, 2021
Credit of Share (Tentative)	Nov 11, 2021	Nov 15, 2021
Listing date (Tentative)	Nov 12, 2021	Nov 16, 2021
Anchor Lockin End date 1	Dec 09, 2021	Dec 11, 2021
Anchor Lockin End date 2	Feb 07, 2022	Feb 09, 2022

Financials

Nidan Laboratories and Healthcare IPO P/E ratio is , as compared to Suyog Gurbaxani Funicular Ropeways IPO P/E ratio of .

Nidan Laboratories and Healthcare IPO

Suyog Gurbaxani Funicular Ropeways IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	543.30	524.36	452.07	430.57
Total Revenue	78.45	218.53	221.91	209.72
Profit After Tax	10.87	23.02	7.14	2.23

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	843.12	861.96	887.12	941.05
Total Revenue	0.01	44.77	131.92	79.06
Profit After Tax	(23.22)	(79.34)	(18.81)	(34.84)

Promoter Shareholding (Pre-Issue)

99.99%

90.57%

Promoter Shareholding (Post-Issue)

71.22%

64.78%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Nidan Laboratories and Healthcare IPO retail investors (RII) are offered 19,00,000 shares while in Suyog Gurbaxani Funicular Ropeways IPO retail investors are offered 19,00,000 shares. Qualified institutional buyers (QIB) are offered in Nidan Laboratories and Healthcare IPO and in Suyog Gurbaxani Funicular Ropeways IPO.

	Nidan Laboratories and Healthcare IPO	Suyog Gurbaxani Funicular Ropeways IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,00,000 shares	3,33,000 shares
QIB
NII	19,00,000 shares	31,11,000 shares
RII	19,00,000 shares	31,11,000 shares
Employee
Others
Total	38,00,000 shares	62,22,000 shares

Bids Received (Subscription)

Nidan Laboratories and Healthcare IPO subscribed 1.80x in total, whereas Suyog Gurbaxani Funicular Ropeways IPO subscribed 1.27x.

	Nidan Laboratories and Healthcare IPO	Suyog Gurbaxani Funicular Ropeways IPO
QIB (times)
NII (times)	0.15x	1.98x
Big NII (times)
Small NII (times)
RII (times)	3.44x	0.56x
Employee (times)
Other (times)
Total (times)	1.80x	1.27x

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