Aatmaj Healthcare IPO vs Veefin Solutions IPO

Comparision between Aatmaj Healthcare IPO and Veefin Solutions IPO.

IPO Details

Aatmaj Healthcare IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Veefin Solutions IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Aatmaj Healthcare IPO	Veefin Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Nirbhay Capital Services Private Limited	Shreni Shares Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Rikhav Securities Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aatmaj Healthcare IPO is up to ₹38.40 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹46.73 Cr. The final issue price of Aatmaj Healthcare IPO is ₹60.00 per share and of Veefin Solutions IPO is ₹82.00 per share.

	Aatmaj Healthcare IPO	Veefin Solutions IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹60.00 per share	₹82.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	64,00,000 shares	28,49,600 shares
Fresh Issue Size (Amount)	up to ₹38.40 Cr	up to ₹23.37 Cr
OFS Issue Size		28,49,600 shares
OFS Issue Size (Amount)		up to ₹23.37 Cr
Issue Size Total	64,00,000 shares	56,99,200 shares
Issue Size Total (Amount)	up to ₹38.40 Cr	up to ₹46.73 Cr

IPO Timetable

Aatmaj Healthcare IPO opens on Jun 19, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Aatmaj Healthcare IPO and Veefin Solutions IPO is Jun 21, 2023, and Jun 26, 2023, respectively.

	Aatmaj Healthcare IPO	Veefin Solutions IPO
Anchor Bid Date
Issue Open	Jun 19, 2023	Jun 22, 2023
Issue Close	Jun 21, 2023	Jun 26, 2023
Basis Of Allotment (Tentative)	Jun 26, 2023	Jun 30, 2023
Initiation of Refunds (Tentative)	Jun 27, 2023	Jul 03, 2023
Credit of Share (Tentative)	Jun 29, 2023	Jul 04, 2023
Listing date (Tentative)	Jun 30, 2023	Jul 05, 2023
Anchor Lockin End date 1	Jul 26, 2023	Jul 30, 2023
Anchor Lockin End date 2	Sep 24, 2023	Sep 28, 2023

Financials

Aatmaj Healthcare IPO P/E ratio is 17.6, as compared to Veefin Solutions IPO P/E ratio of 41.41.

Aatmaj Healthcare IPO

Veefin Solutions IPO

Financial

Aatmaj Healthcare Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	932.82	436.82	-27.03	-93.34	-228.34	876.26
31-Mar-21	979.97	1,726.25	412.19	318.85	183.85	433.39
31-Mar-22	1,719.32	2,180.88	492.07	810.62	675.62	517.52
30-Sep-22	2,323.49	1,344.83	290.93	1,101.85	561.85	893.61
31-Dec-22	3,031.94	2,047.73	577.49	1,388.40	578.40	1,218.40
Amount in ₹ Lakhs

Veefin Solutions Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-22	1,607.93	655.19	70.01	925.10	923.86	346.32
31-Jan-23	4,821.70	1,262.36	350.02	4,293.21	2,459.43	50.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.89%

56.26%

Promoter Shareholding (Post-Issue)

63.72%

39.84%

P/E Ratio

17.6

41.41

Market Cap

₹135.60 Cr.

₹173.74 Cr.

ROE

0.42%

13.42%%

ROCE

44.13%

11.32%%

Debt/Equity

0.14

0.01

EPS

₹5.41

₹0.48

RoNW

53.67%%

7.57%%

Shares Offered

In the Aatmaj Healthcare IPO retail investors (RII) are offered 30,39,500 shares while in Veefin Solutions IPO retail investors are offered 30,39,500 shares. Qualified institutional buyers (QIB) are offered 0 shares in Aatmaj Healthcare IPO and 0 shares in Veefin Solutions IPO.

	Aatmaj Healthcare IPO	Veefin Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,22,000 shares	2,88,000 shares
QIB	0 shares	0 shares
NII	30,39,500 shares	27,05,600 shares
RII	30,39,500 shares	27,05,600 shares
Employee	0 shares	0 shares
Others
Total	60,79,000 shares	54,11,200 shares

Bids Received (Subscription)

Aatmaj Healthcare IPO subscribed 33.60x in total, whereas Veefin Solutions IPO subscribed 2.46x.

	Aatmaj Healthcare IPO	Veefin Solutions IPO
QIB (times)
NII (times)	36.78x	3.26x
Big NII (times)
Small NII (times)
RII (times)	30.27x	1.65x
Employee (times)
Other (times)
Total (times)	33.60x	2.46x

Compare with others

Aatmaj Healthcare IPO	Veefin Solutions IPO
Magson IPO	Alphalogic Industries IPO
Greenchef Appliances IPO	Global Pet Industries IPO
Veefin Solutions IPO	Tridhya Tech IPO
Pentagon Rubber IPO	Magson IPO
Kaka Industries IPO	Greenchef Appliances IPO
Essen Speciality Films IPO	Pentagon Rubber IPO
Vilin Bio Med IPO	Kaka Industries IPO
Cell Point (India) IPO	Aatmaj Healthcare IPO
Bizotic Commercial IPO	Essen Speciality Films IPO
Urban Enviro Waste Management IPO	Vilin Bio Med IPO

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