Hemant Surgical Industries IPO vs Spectrum Talent Management IPO

Comparision between Hemant Surgical Industries IPO and Spectrum Talent Management IPO.

IPO Details

Hemant Surgical Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Spectrum Talent Management IPO is a SME Book Built Issue proposed to list at NSE SME.

	Hemant Surgical Industries IPO	Spectrum Talent Management IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Sarthi Capital Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Hem Finlease Private Limited	Rikhav Securities 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 Hemant Surgical Industries IPO is up to ₹24.84 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹105.14 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

	Hemant Surgical Industries IPO	Spectrum Talent Management IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹85.00 per share	₹169.00 per share
Issue Price (Upper)	₹90.00 per share	₹173.00 per share
Issue Price (Final)	₹90.00 per share	₹173.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	27,60,000 shares	51,85,600 shares
Fresh Issue Size (Amount)	up to ₹24.84 Cr	up to ₹89.71 Cr
OFS Issue Size		8,92,000 shares
OFS Issue Size (Amount)		up to ₹15.43 Cr
Issue Size Total	27,60,000 shares	60,77,600 shares
Issue Size Total (Amount)	up to ₹24.84 Cr	up to ₹105.14 Cr

IPO Timetable

Hemant Surgical Industries IPO opens on May 24, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Hemant Surgical Industries IPO and Spectrum Talent Management IPO is May 26, 2023, and Jun 14, 2023, respectively.

	Hemant Surgical Industries IPO	Spectrum Talent Management IPO
Anchor Bid Date	May 23, 2023
Issue Open	May 24, 2023	Jun 09, 2023
Issue Close	May 26, 2023	Jun 14, 2023
Basis Of Allotment (Tentative)	May 31, 2023	Jun 19, 2023
Initiation of Refunds (Tentative)	Jun 01, 2023	Jun 20, 2023
Credit of Share (Tentative)	Jun 02, 2023	Jun 21, 2023
Listing date (Tentative)	Jun 05, 2023	Jun 22, 2023
Anchor Lockin End date 1	Jun 30, 2023	Jul 19, 2023
Anchor Lockin End date 2	Aug 29, 2023	Sep 17, 2023

Financials

Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Spectrum Talent Management IPO P/E ratio of 15.

Hemant Surgical Industries IPO

Spectrum Talent Management IPO

Financial

Hemant Surgical Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	4,289.84	6,065.19	114.53	836.61	653.38	1,446.35
31-Mar-22	5,437.59	10,577.02	461.40	1,298.01	1,114.78	973.80
31-Mar-23	6,490.79	11,149.68	765.11	2,359.90	1,591.90	711.92
Amount in ₹ Lakhs

Spectrum Talent Management Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	4,081.10	32,362.37	675.96	1,500.36	1,025.36	422.19
31-Mar-21	4,630.20	30,296.00	476.41	1,976.30	1,026.30	60.72
31-Mar-22	6,479.29	48,372.17	1,552.71	2,827.37	1,972.37	1,026.88
31-Dec-22	8,657.66	58,415.74	1,997.46	4,844.57	3,053.82	255.09
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.56%

72.25%

P/E Ratio

12.28

Market Cap

₹93.96 Cr.

ROE

32.42%%

ROCE

37.98%%

Debt/Equity

0.3

EPS

₹10.26

₹10.25

RoNW

32.42%%

42.99%%

Shares Offered

In the Hemant Surgical Industries IPO retail investors (RII) are offered 9,16,800 shares while in Spectrum Talent Management IPO retail investors are offered 9,16,800 shares. Qualified institutional buyers (QIB) are offered 5,23,200 shares in Hemant Surgical Industries IPO and 5,76,000 shares in Spectrum Talent Management IPO.

	Hemant Surgical Industries IPO	Spectrum Talent Management IPO
Anchor Investor Reserveration	7,82,400 shares
Market Maker Reserveration	1,44,000 shares	3,04,000 shares
QIB	5,23,200 shares	5,76,000 shares
NII	3,93,600 shares	25,98,400 shares
RII	9,16,800 shares	25,99,200 shares
Employee	0 shares	0 shares
Others
Total	18,33,600 shares	57,73,600 shares

Bids Received (Subscription)

Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

	Hemant Surgical Industries IPO	Spectrum Talent Management IPO
QIB (times)	41.05x	11.21x
NII (times)	277.26x	11.68x
Big NII (times)
Small NII (times)
RII (times)	158.73x	13.10x
Employee (times)
Other (times)
Total (times)	150.59x	12.27x

Compare with others

Hemant Surgical Industries IPO	Spectrum Talent Management IPO
Sahana System IPO	Comrade Appliances IPO
CFF Fluid Control IPO	Infollion Research Services IPO
Comrade Appliances IPO	Proventus Agrocom IPO
Infollion Research Services IPO	Hemant Surgical Industries IPO
Proventus Agrocom IPO	Vasa Denticity IPO
Vasa Denticity IPO	Crayons Advertising IPO
Spectrum Talent Management IPO	Remus Pharmaceuticals IPO
Crayons Advertising IPO	Auro Impex & Chemicals IPO
Remus Pharmaceuticals IPO	Innokaiz India IPO
Auro Impex & Chemicals IPO	Krishca Strapping Solutions IPO

Comments

Add a public comment...