Medicamen Organics IPO vs Shivalic Power Control IPO

Comparision between Medicamen Organics IPO and Shivalic Power Control IPO.

IPO Details

Medicamen Organics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shivalic Power Control IPO is a SME Book Built Issue proposed to list at NSE SME.

	Medicamen Organics IPO	Shivalic Power Control IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Corporate Capitalventures Pvt Ltd
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Ss Corporate Securities Limited
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 Medicamen Organics IPO is up to ₹10.54 Cr whereas the issue size of the Shivalic Power Control IPO is up to ₹64.32 Cr. The final issue price of Medicamen Organics IPO is ₹34.00 per share and of Shivalic Power Control IPO is ₹100.00 per share.

	Medicamen Organics IPO	Shivalic Power Control IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹32.00 per share	₹95.00 per share
Issue Price (Upper)	₹34.00 per share	₹100.00 per share
Issue Price (Final)	₹34.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1200 shares
Fresh Issue Size	31,00,000 shares	64,32,000 shares
Fresh Issue Size (Amount)	up to ₹10.54 Cr	up to ₹64.32 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	31,00,000 shares	64,32,000 shares
Issue Size Total (Amount)	up to ₹10.54 Cr	up to ₹64.32 Cr

IPO Timetable

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

	Medicamen Organics IPO	Shivalic Power Control IPO
Anchor Bid Date	Jun 20, 2024	Jun 21, 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	Jul 27, 2024
Anchor Lockin End date 2	Sep 24, 2024	Sep 25, 2024

Financials

Medicamen Organics IPO P/E ratio is 30.53, as compared to Shivalic Power Control IPO P/E ratio of 24.69.

Medicamen Organics IPO

Shivalic Power Control 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

Shivalic Power Control Limited Financial Information (Restated)

Shivalic Power Control Limited's revenue increased by 44.03% and profit after tax (PAT) rose by 309.78% 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	7,814.35	5,827.00	6,097.56	4,869.44
Revenue	6,379.16	8,269.39	5,741.44	5,238.00
Profit After Tax	760.11	716.26	174.79	67.28
Net Worth	3,063.44	2,303.33	1,587.07	1,412.28
Reserves and Surplus	3,110.22	2,350.11	1,633.85	1,459.05
Total Borrowing	3,328.94	899.92	2,722.65	2,393.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.21%

96.63%

Promoter Shareholding (Post-Issue)

70.86%

P/E Ratio

30.53

24.69

Market Cap

₹39.78 Cr.

₹241.16 Cr.

ROE

19.90%%

28.33%%

ROCE

14.50%%

19.20%%

Debt/Equity

0.83

1.09

EPS

₹1.11

₹4.05

RoNW

15.83%

28.33%%

Shares Offered

In the Medicamen Organics IPO retail investors (RII) are offered 10,28,000 shares while in Shivalic Power Control IPO retail investors are offered 10,28,000 shares. Qualified institutional buyers (QIB) are offered 5,84,000 shares in Medicamen Organics IPO and 12,19,200 shares in Shivalic Power Control IPO.

	Medicamen Organics IPO	Shivalic Power Control IPO
Anchor Investor Reserveration	8,76,000 shares	18,28,800 shares
Market Maker Reserveration	1,72,000 shares	3,36,000 shares
QIB	5,84,000 shares	12,19,200 shares
NII	4,40,000 shares	9,14,400 shares
RII	10,28,000 shares	21,33,600 shares
Employee	0 shares	0 shares
Others
Total	20,52,000 shares	42,67,200 shares

Bids Received (Subscription)

Medicamen Organics IPO subscribed 993.56x in total, whereas Shivalic Power Control IPO subscribed 257.24x.

	Medicamen Organics IPO	Shivalic Power Control IPO
QIB (times)	173.03x	170.32x
NII (times)	1,343.83x	436.37x
Big NII (times)
Small NII (times)
RII (times)	1,309.77x	230.14x
Employee (times)
Other (times)
Total (times)	993.56x	257.24x

Compare with others

Medicamen Organics IPO	Shivalic Power Control IPO
Sylvan Plyboard IPO	Diensten Tech IPO
Shivalic Power Control IPO	Visaman Global Sales IPO
Divine Power IPO	Mason Infratech IPO
The Money Fair IPO	Petro Carbon and Chemicals IPO
Winny Immigration IPO	Sylvan Plyboard IPO
EnNutrica IPO	Divine Power IPO
Falcon Technoprojects India IPO	The Money Fair IPO
Durlax Top Surface IPO	Winny Immigration IPO
GEM Enviro IPO	Medicamen Organics IPO
GPES Solar IPO	EnNutrica IPO

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