Medplus Health IPO vs Tracxn Technologies IPO

Comparision between Medplus Health IPO and Tracxn Technologies IPO.

IPO Details

Medplus Health IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tracxn Technologies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Medplus Health IPO	Tracxn Technologies IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Credit Suisse Securities (India) Private Limited Edelweiss Financial Services Ltd Nomura Financial Advisory And Securities (India) Pvt Ltd	Iifl Securities Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
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 Medplus Health IPO is up to ₹1,398.30 Cr whereas the issue size of the Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of Medplus Health IPO is ₹796.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.

	Medplus Health IPO	Tracxn Technologies IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹780.00 per share	₹75.00 per share
Issue Price (Upper)	₹796.00 per share	₹80.00 per share
Issue Price (Final)	₹796.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)	₹78.00 per share
Market Lot Size	18 shares	185 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹600.00 Cr
OFS Issue Size		3,86,72,208 shares
OFS Issue Size (Amount)	up to ₹798.30 Cr	up to ₹309.38 Cr
Issue Size Total		3,86,72,208 shares
Issue Size Total (Amount)	up to ₹1,398.30 Cr	up to ₹309.38 Cr

IPO Timetable

Medplus Health IPO opens on Dec 13, 2021, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of Medplus Health IPO and Tracxn Technologies IPO is Dec 15, 2021, and Oct 12, 2022, respectively.

	Medplus Health IPO	Tracxn Technologies IPO
Anchor Bid Date
Issue Open	Dec 13, 2021	Oct 10, 2022
Issue Close	Dec 15, 2021	Oct 12, 2022
Basis Of Allotment (Tentative)	Dec 20, 2021	Oct 17, 2022
Initiation of Refunds (Tentative)	Dec 21, 2021	Oct 18, 2022
Credit of Share (Tentative)	Dec 22, 2021	Oct 19, 2022
Listing date (Tentative)	Dec 23, 2021	Oct 20, 2022
Anchor Lockin End date 1	Jan 19, 2022	Nov 16, 2022
Anchor Lockin End date 2	Mar 20, 2022	Jan 15, 2023

Financials

Medplus Health IPO P/E ratio is , as compared to Tracxn Technologies IPO P/E ratio of 240.

Medplus Health IPO

Tracxn Technologies IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,464.94	15,656.58	13,486.96	9,587.11
Total Revenue	18,908.99	30,908.14	28,878.87	22,849.40
Profit After Tax	663.67	631.11	17.94	119.22

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Crore)
	30-Jun-22	30-Jun-21	31-Mar-22	31-Mar-21	31-Mar-20
Total Assets	56.78	49.93	54.01	48.46	52.38
Total Revenue	19.08	15.44	65.16	55.74	6.31
Profit After Tax	0.923	-0.837775	-4.852	-4.152	-54.826
Net Worth	22.98	22.04	20.64	22.22	-135.24
Reserves and surplus	12.95	21.14	10.61	21.32	-135.44

Promoter Shareholding (Pre-Issue)

43.16%

50.93%

Promoter Shareholding (Post-Issue)

40.43%

35.65%

P/E Ratio

240

Market Cap

₹802.48 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Medplus Health IPO retail investors (RII) are offered 62,51,965 shares while in Tracxn Technologies IPO retail investors are offered 62,51,965 shares. Qualified institutional buyers (QIB) are offered 35,72,550 shares in Medplus Health IPO and 1,16,01,663 shares in Tracxn Technologies IPO.

	Medplus Health IPO	Tracxn Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	35,72,550 shares	1,16,01,663 shares
NII	26,79,414 shares	58,00,831 shares
RII	62,51,965 shares	38,67,220 shares
Employee	71,225 shares	0 shares
Others
Total	1,25,75,154 shares	2,12,69,714 shares

Bids Received (Subscription)

Medplus Health IPO subscribed 52.59x in total, whereas Tracxn Technologies IPO subscribed 2.01x.

	Medplus Health IPO	Tracxn Technologies IPO
QIB (times)	111.90x	1.66x
NII (times)	85.33x	0.80x
Big NII (times)		0.72x
Small NII (times)		0.94x
RII (times)	5.24x	4.87x
Employee (times)	3.05x
Other (times)
Total (times)	52.59x	2.01x

Compare with others

Medplus Health IPO	Tracxn Technologies IPO
Delhivery IPO	LIC IPO
AGS Transact IPO	Manyavar IPO
CMS Info Systems IPO	Delhivery IPO
Tracxn Technologies IPO	AGS Transact IPO
Supriya Lifescience IPO	CMS Info Systems IPO
HP Adhesives IPO	Supriya Lifescience IPO
Metro Brands IPO	Medplus Health IPO
Shriram Properties IPO	HP Adhesives IPO
Data Patterns IPO	Metro Brands IPO
RateGain IPO	Shriram Properties IPO

Comments

Add a public comment...