Concord Control Systems IPO vs QMS Medical Allied IPO

Comparision between Concord Control Systems IPO and QMS Medical Allied IPO.

IPO Details

Concord Control Systems IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while QMS Medical Allied IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Concord Control Systems IPO	QMS Medical Allied IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Securities Ltd.
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 Concord Control Systems IPO is up to ₹8.32 Cr whereas the issue size of the QMS Medical Allied IPO is up to ₹56.87 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of QMS Medical Allied IPO is ₹121.00 per share.

	Concord Control Systems IPO	QMS Medical Allied IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share
Issue Price (Upper)	₹55.00 per share
Issue Price (Final)	₹55.00 per share	₹121.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	15,12,000 shares	28,00,000 shares
Fresh Issue Size (Amount)	up to ₹8.32 Cr	up to ₹33.88 Cr
OFS Issue Size		19,00,000 shares
OFS Issue Size (Amount)		up to ₹22.99 Cr
Issue Size Total	15,12,000 shares	47,00,000 shares
Issue Size Total (Amount)	up to ₹8.32 Cr	up to ₹56.87 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while QMS Medical Allied IPO opens on Sep 27, 2022. The closing date of Concord Control Systems IPO and QMS Medical Allied IPO is Sep 29, 2022, and Sep 30, 2022, respectively.

	Concord Control Systems IPO	QMS Medical Allied IPO
Anchor Bid Date
Issue Open	Sep 27, 2022	Sep 27, 2022
Issue Close	Sep 29, 2022	Sep 30, 2022
Basis Of Allotment (Tentative)	Oct 04, 2022	Oct 06, 2022
Initiation of Refunds (Tentative)	Oct 06, 2022	Oct 07, 2022
Credit of Share (Tentative)	Oct 07, 2022	Oct 10, 2022
Listing date (Tentative)	Oct 10, 2022	Oct 11, 2022
Anchor Lockin End date 1	Nov 03, 2022	Nov 05, 2022
Anchor Lockin End date 2	Jan 02, 2023	Jan 04, 2023

Financials

Concord Control Systems IPO P/E ratio is 12.14, as compared to QMS Medical Allied IPO P/E ratio of 20.1.

Concord Control Systems IPO

QMS Medical Allied IPO

Financial

Concord Control Systems Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	838.01	1589.25	104.57	350.58	330.25
31-Mar-21	1251.35	1760.91	143.21	495.47	474.9
31-Mar-22	1467.22	3173.54	258.99	754.24	733.86
Amount in ₹ Lakhs

QMS Medical Allied Services Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	3348	7277.81	635.35	940.58	639.58
31-Mar-21	6037.43	12209	1091.75	2032.33	1656.08
31-Mar-22	8266.53	14774.77	1070.64	3102.97	2726.72
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.53%

73.67%

P/E Ratio

12.14

20.1

Market Cap

₹31.42 Cr.

₹215.99 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Concord Control Systems IPO retail investors (RII) are offered 5,02,000 shares while in QMS Medical Allied IPO retail investors are offered 5,02,000 shares. Qualified institutional buyers (QIB) are offered 7,16,000 shares in Concord Control Systems IPO and in QMS Medical Allied IPO.

	Concord Control Systems IPO	QMS Medical Allied IPO
Anchor Investor Reserveration	4,28,000 shares
Market Maker Reserveration	78,000 shares	2,36,000 shares
QIB	7,16,000 shares
NII	2,16,000 shares	22,32,000 shares
RII	5,02,000 shares	22,32,000 shares
Employee
Others
Total	14,34,000 shares	44,64,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas QMS Medical Allied IPO subscribed 0.88x.

	Concord Control Systems IPO	QMS Medical Allied IPO
QIB (times)	15.18x
NII (times)	307.40x	1.25x
Big NII (times)
Small NII (times)
RII (times)	424.26x	0.51x
Employee (times)
Other (times)
Total (times)	202.41x	0.88x

Compare with others

Concord Control Systems IPO	QMS Medical Allied IPO
Cargotrans Maritime IPO	Cargosol Logistics IPO
Vedant Asset IPO	Silicon Rental Solutions IPO
Cargosol Logistics IPO	Lloyds Luxuries IPO
Silicon Rental Solutions IPO	Concord Control Systems IPO
Lloyds Luxuries IPO	Maagh Advertising IPO
Maagh Advertising IPO	Cyber Media Research IPO
QMS Medical Allied IPO	Mafia Trends IPO
Cyber Media Research IPO	Insolation Energy IPO
Mafia Trends IPO	Containe Technologies IPO
Insolation Energy IPO	Kandarp Digi Smart BPO IPO

Comments

Add a public comment...