Asarfi Hospital IPO vs Srivari Spices and Foods IPO

Comparision between Asarfi Hospital IPO and Srivari Spices and Foods IPO.

IPO Details

Asarfi Hospital IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Srivari Spices and Foods IPO is a SME Book Built Issue proposed to list at NSE SME.

	Asarfi Hospital IPO	Srivari Spices and Foods 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	GYR Capital Advisors Private Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Nikunj Stock Brokers 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 Asarfi Hospital IPO is up to ₹26.94 Cr whereas the issue size of the Srivari Spices and Foods IPO is up to ₹9.00 Cr. The final issue price of Asarfi Hospital IPO is ₹52.00 per share and of Srivari Spices and Foods IPO is ₹42.00 per share.

	Asarfi Hospital IPO	Srivari Spices and Foods IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹40.00 per share
Issue Price (Upper)	₹52.00 per share	₹42.00 per share
Issue Price (Final)	₹52.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	51,80,000 shares	21,42,000 shares
Fresh Issue Size (Amount)	up to ₹26.94 Cr	up to ₹9.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,80,000 shares	21,42,000 shares
Issue Size Total (Amount)	up to ₹26.94 Cr	up to ₹9.00 Cr

IPO Timetable

Asarfi Hospital IPO opens on Jul 17, 2023, while Srivari Spices and Foods IPO opens on Aug 07, 2023. The closing date of Asarfi Hospital IPO and Srivari Spices and Foods IPO is Jul 19, 2023, and Aug 09, 2023, respectively.

	Asarfi Hospital IPO	Srivari Spices and Foods IPO
Anchor Bid Date	Jul 14, 2023	Aug 04, 2023
Issue Open	Jul 17, 2023	Aug 07, 2023
Issue Close	Jul 19, 2023	Aug 09, 2023
Basis Of Allotment (Tentative)	Jul 24, 2023	Aug 14, 2023
Initiation of Refunds (Tentative)	Jul 25, 2023	Aug 16, 2023
Credit of Share (Tentative)	Jul 26, 2023	Aug 17, 2023
Listing date (Tentative)	Jul 26, 2023	Aug 18, 2023
Anchor Lockin End date 1	Aug 23, 2023	Sep 13, 2023
Anchor Lockin End date 2	Oct 22, 2023	Nov 12, 2023

Financials

Asarfi Hospital IPO P/E ratio is 12.78, as compared to Srivari Spices and Foods IPO P/E ratio of 9.59.

Asarfi Hospital IPO

Srivari Spices and Foods IPO

Financial

Asarfi Hospital Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	3,729.45	5,439.90	353.43	1,689.90	1,564.95	713.36
31-Mar-22	6,270.24	6,619.54	572.84	2,262.73	2,137.78	1,163.31
31-Mar-23	9,342.71	7,303.26	801.53	4,184.26	2,734.53	1,720.20
Amount in ₹ Lakhs

Srivari Spices and Foods IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	235.88	627.38	1,067.62	2,568.13
Revenue	19.05	1,139.90	1,764.21	3,582.01
Profit After Tax	-10.69	35.26	72.84	312.61
Net Worth	177.54	426.91	499.75	910.02
Reserves and Surplus	-10.69	24.57	97.41	410.02
Total Borrowing			277.39	1,283.51

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.03%

99.90%

Promoter Shareholding (Post-Issue)

61.17%

P/E Ratio

12.78

9.59

Market Cap

₹102.32 Cr.

₹30.00 Cr.

ROE

19.16%%

44.35%%

ROCE

19.91%%

23.65%%

Debt/Equity

0.41

1.41

EPS

₹7.58

₹4.45

RoNW

19.16%

24.79%%

Shares Offered

In the Asarfi Hospital IPO retail investors (RII) are offered 17,22,000 shares while in Srivari Spices and Foods IPO retail investors are offered 17,22,000 shares. Qualified institutional buyers (QIB) are offered 9,84,000 shares in Asarfi Hospital IPO and 4,08,000 shares in Srivari Spices and Foods IPO.

	Asarfi Hospital IPO	Srivari Spices and Foods IPO
Anchor Investor Reserveration	14,76,000 shares	6,06,000 shares
Market Maker Reserveration	2,60,000 shares	1,08,000 shares
QIB	9,84,000 shares	4,08,000 shares
NII	7,38,000 shares	3,06,000 shares
RII	17,22,000 shares	7,14,000 shares
Employee	0 shares	0 shares
Others
Total	34,44,000 shares	14,28,000 shares

Bids Received (Subscription)

Asarfi Hospital IPO subscribed 195.14x in total, whereas Srivari Spices and Foods IPO subscribed 450.03x.

	Asarfi Hospital IPO	Srivari Spices and Foods IPO
QIB (times)	50.60x	79.10x
NII (times)	451.62x	786.11x
Big NII (times)
Small NII (times)
RII (times)	167.81x	517.95x
Employee (times)
Other (times)
Total (times)	195.14x	450.03x

Compare with others

Asarfi Hospital IPO	Srivari Spices and Foods IPO
Vinsys IT Services IPO	Shri Techtex IPO
Yasons Chemex Care IPO	Vinsys IT Services IPO
Committed Cargo Care IPO	Yasons Chemex Care IPO
Khazanchi Jewellers IPO	Committed Cargo Care IPO
Srivari Spices and Foods IPO	Khazanchi Jewellers IPO
Service Care IPO	Asarfi Hospital IPO
Ahasolar Technologies IPO	Service Care IPO
Drone Destination IPO	Ahasolar Technologies IPO
AccelerateBS India IPO	Drone Destination IPO
Synoptics Technologies IPO	AccelerateBS India IPO

Comments

Add a public comment...