Hemant Surgical Industries IPO vs Vasa Denticity IPO

Comparision between Hemant Surgical Industries IPO and Vasa Denticity IPO.

IPO Details

Hemant Surgical Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vasa Denticity IPO is a SME Book Built Issue proposed to list at NSE SME.

	Hemant Surgical Industries IPO	Vasa Denticity 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	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Mas Services Limited
Market Maker	Hem Finlease Private Limited	Hem Finlease Private 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 Hemant Surgical Industries IPO is up to ₹24.84 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹54.07 Cr. The final issue price of Hemant Surgical Industries IPO is ₹90.00 per share and of Vasa Denticity IPO is ₹128.00 per share.

	Hemant Surgical Industries IPO	Vasa Denticity IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹85.00 per share	₹121.00 per share
Issue Price (Upper)	₹90.00 per share	₹128.00 per share
Issue Price (Final)	₹90.00 per share	₹128.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	27,60,000 shares	31,74,000 shares
Fresh Issue Size (Amount)	up to ₹24.84 Cr	up to ₹40.63 Cr
OFS Issue Size		10,50,000 shares
OFS Issue Size (Amount)		up to ₹13.44 Cr
Issue Size Total	27,60,000 shares	42,24,000 shares
Issue Size Total (Amount)	up to ₹24.84 Cr	up to ₹54.07 Cr

IPO Timetable

Hemant Surgical Industries IPO opens on May 24, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Hemant Surgical Industries IPO and Vasa Denticity IPO is May 26, 2023, and May 25, 2023, respectively.

	Hemant Surgical Industries IPO	Vasa Denticity IPO
Anchor Bid Date	May 23, 2023
Issue Open	May 24, 2023	May 23, 2023
Issue Close	May 26, 2023	May 25, 2023
Basis Of Allotment (Tentative)	May 31, 2023	May 30, 2023
Initiation of Refunds (Tentative)	Jun 01, 2023	May 31, 2023
Credit of Share (Tentative)	Jun 02, 2023	Jun 01, 2023
Listing date (Tentative)	Jun 05, 2023	Jun 02, 2023
Anchor Lockin End date 1	Jun 30, 2023	Jun 29, 2023
Anchor Lockin End date 2	Aug 29, 2023	Aug 28, 2023

Financials

Hemant Surgical Industries IPO P/E ratio is 12.28, as compared to Vasa Denticity IPO P/E ratio of 30.62.

Hemant Surgical Industries IPO

Vasa Denticity 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

Vasa Denticity Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	481.78	3,045.13	9.44	27.20	7.20	64.57
31-Mar-21	691.05	4,017.72	32.58	59.78	39.78	197.24
31-Mar-22	1,945.91	7,714.08	540.98	600.76	580.76	326.29
31-Dec-22	2,695.18	8,757.11	501.90	1,102.66	1,082.66	266.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

95.00%

Promoter Shareholding (Post-Issue)

73.56%

69.62%

P/E Ratio

12.28

30.62

Market Cap

₹93.96 Cr.

₹205.01 Cr.

ROE

32.42%%

0.46%%

ROCE

37.98%%

0.54%%

Debt/Equity

0.3

0.24

EPS

₹10.26

₹4.43

RoNW

32.42%%

90.05%%

Shares Offered

In the Hemant Surgical Industries IPO retail investors (RII) are offered 9,16,800 shares while in Vasa Denticity 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 8,02,000 shares in Vasa Denticity IPO.

	Hemant Surgical Industries IPO	Vasa Denticity IPO
Anchor Investor Reserveration	7,82,400 shares	12,00,000 shares
Market Maker Reserveration	1,44,000 shares	2,16,000 shares
QIB	5,23,200 shares	8,02,000 shares
NII	3,93,600 shares	6,02,000 shares
RII	9,16,800 shares	14,04,000 shares
Employee	0 shares	0 shares
Others
Total	18,33,600 shares	28,08,000 shares

Bids Received (Subscription)

Hemant Surgical Industries IPO subscribed 150.59x in total, whereas Vasa Denticity IPO subscribed 73.14x.

	Hemant Surgical Industries IPO	Vasa Denticity IPO
QIB (times)	41.05x	37.26x
NII (times)	277.26x	156.09x
Big NII (times)
Small NII (times)
RII (times)	158.73x	58.07x
Employee (times)
Other (times)
Total (times)	150.59x	73.14x

Compare with others

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

Comments

Add a public comment...