Comparison between Aeron Composite IPO and Vdeal System IPO.
Aeron Composite IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vdeal System IPO is a SME Fixed Price proposed to list at NSE SME.
| Aeron Composite IPO | Vdeal System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Affinity Global Capital Market Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Vdeal System IPO is up to ₹17.16 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Vdeal System IPO is ₹112.00 per share.
| Aeron Composite IPO | Vdeal System IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹125.00 per share | |
| Issue Price (Final) | ₹125.00 per share | ₹112.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 42,60,000 shares | 15,32,400 shares |
| Fresh Issue Size (Amount) | up to ₹53.25 Cr | up to ₹17.16 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 42,60,000 shares | 15,32,400 shares |
| Issue Size Total (Amount) | up to ₹53.25 Cr | up to ₹17.16 Cr |
Aeron Composite IPO opens on Aug 28, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Aeron Composite IPO and Vdeal System IPO is Aug 30, 2024, and Aug 29, 2024, respectively.
| Aeron Composite IPO | Vdeal System IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | |
| Issue Open | Aug 28, 2024 | Aug 27, 2024 |
| Issue Close | Aug 30, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | Oct 02, 2024 | |
| Anchor Lockin End date 2 | Dec 01, 2024 |
Aeron Composite IPO P/E ratio is 23.69, as compared to Vdeal System IPO P/E ratio of 11.79.
| Aeron Composite IPO | Vdeal System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 66.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.69 | 11.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹212.75 Cr. | ₹54.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.33 | 49.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.67 | 32.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 1.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.28 | ₹9.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.09 | 49.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Vdeal System IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and in Vdeal System IPO.
| Aeron Composite IPO | Vdeal System IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,14,000 shares | |
| Market Maker Reservation | 2,28,000 shares | 81,600 shares |
| QIB | 8,10,000 shares | |
| NII | 6,08,000 shares | 7,65,600 shares |
| RII | 14,18,000 shares | 7,66,800 shares |
| Employee | 2,10,000 shares | |
| Others | ||
| Total | 42,60,000 shares | 15,32,400 shares |
Aeron Composite IPO subscribed 41.07x in total, whereas Vdeal System IPO subscribed 71.38x.
| Aeron Composite IPO | Vdeal System IPO | |
|---|---|---|
| QIB (times) | 27.82x | |
| NII (times) | 75.53x | 61.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.77x | 76.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 71.38x |
