Broach Lifecare Hospital IPO vs Solve Plastic Products IPO

Comparision between Broach Lifecare Hospital IPO and Solve Plastic Products IPO.

IPO Details

Broach Lifecare Hospital IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Solve Plastic Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Broach Lifecare Hospital IPO	Solve Plastic Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Finshore Management Services Limited
Registrar	Kfin Technologies Limited	Integrated Registry Management Services Private Limited
Market Maker	Aftertrade Broking Pvt Ltd	Black Fox Financial Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Broach Lifecare Hospital IPO is up to ₹4.02 Cr whereas the issue size of the Solve Plastic Products IPO is up to ₹11.85 Cr. The final issue price of Broach Lifecare Hospital IPO is ₹25.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.

	Broach Lifecare Hospital IPO	Solve Plastic Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹25.00 per share	₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	1200 shares
Fresh Issue Size	16,08,000 shares	13,02,000 shares
Fresh Issue Size (Amount)	up to ₹4.02 Cr	up to ₹11.85 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	16,08,000 shares	13,02,000 shares
Issue Size Total (Amount)	up to ₹4.02 Cr	up to ₹11.85 Cr

IPO Timetable

Broach Lifecare Hospital IPO opens on Aug 13, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of Broach Lifecare Hospital IPO and Solve Plastic Products IPO is Aug 16, 2024, and Aug 16, 2024, respectively.

	Broach Lifecare Hospital IPO	Solve Plastic Products IPO
Anchor Bid Date
Issue Open	Aug 13, 2024	Aug 13, 2024
Issue Close	Aug 16, 2024	Aug 16, 2024
Basis Of Allotment (Tentative)	Aug 19, 2024	Aug 19, 2024
Initiation of Refunds (Tentative)	Aug 20, 2024	Aug 20, 2024
Credit of Share (Tentative)	Aug 20, 2024	Aug 20, 2024
Listing date (Tentative)	Aug 21, 2024	Aug 21, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Broach Lifecare Hospital IPO P/E ratio is 15.99, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

Broach Lifecare Hospital IPO

Solve Plastic Products IPO

Financial

Broach Lifecare Hospital Limited Financial Information (Restated)

Period Ended	31 Mar 2024
Assets	571.62
Revenue	260.58
Profit After Tax	69.76
Net Worth	546.92
Reserves and Surplus	100.68
Amount in ₹ Lakhs

Solve Plastic Products Limited Financial Information (Restated)

Solve Plastic Products Limited's revenue decreased by -24% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,211.53	1,874.27	1,822.99
Revenue	4,715.73	6,225.43	5,577.89
Profit After Tax	142.48	120.27	-40.71
Net Worth	438.79	192.56	72.29
Reserves and Surplus	132.16	-110.94	-231.21
Total Borrowing	1,136.42	1,053.42	1,030.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.74%

90.22%

Promoter Shareholding (Post-Issue)

63.77%

63.33%

P/E Ratio

15.99

23.2

Market Cap

₹15.18 Cr.

₹39.75 Cr.

ROE

12.75%%

ROCE

12.77%%

Debt/Equity

2.83

EPS

₹1.56

₹3.92

RoNW

12.75%%

32.47%%

Shares Offered

In the Broach Lifecare Hospital IPO retail investors (RII) are offered 7,62,000 shares while in Solve Plastic Products IPO retail investors are offered 7,62,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Broach Lifecare Hospital IPO and 0 shares in Solve Plastic Products IPO.

	Broach Lifecare Hospital IPO	Solve Plastic Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	84,000 shares	66,000 shares
QIB	0 shares	0 shares
NII	7,62,000 shares	6,18,000 shares
RII	7,62,000 shares	6,18,000 shares
Employee	0 shares	0 shares
Others
Total	15,24,000 shares	12,36,000 shares

Bids Received (Subscription)

Broach Lifecare Hospital IPO subscribed 70.17x in total, whereas Solve Plastic Products IPO subscribed 16.04x.

	Broach Lifecare Hospital IPO	Solve Plastic Products IPO
QIB (times)
NII (times)	20.72x	5.40x
Big NII (times)
Small NII (times)
RII (times)	118.81x	26.57x
Employee (times)
Other (times)
Total (times)	70.17x	16.04x

Compare with others

Broach Lifecare Hospital IPO	Solve Plastic Products IPO
Forcas Studio IPO	Forcas Studio IPO
Solve Plastic Products IPO	Broach Lifecare Hospital IPO
Brace Port Logistics IPO	Brace Port Logistics IPO
Sunlite Recycling Industries IPO	Sunlite Recycling Industries IPO
Positron Energy IPO	Positron Energy IPO
Aesthetik Engineers IPO	Aesthetik Engineers IPO
Picture Post Studios IPO

Comments

Add a public comment...