Auro Impex IPO vs Vasa Denticity IPO

Comparison between Auro Impex IPO and Vasa Denticity IPO.

IPO Details

Auro Impex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vasa Denticity IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Auro Impex IPO is up to ₹25.71 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹51.30 Cr. The final issue price of Auro Impex IPO is ₹78.00 per share and of Vasa Denticity IPO is ₹128.00 per share.

 Auro Impex IPOVasa Denticity IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹74.00 per share₹121.00 per share
Issue Price (Upper)₹78.00 per share₹128.00 per share
Issue Price (Final)₹78.00 per share₹128.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size27,45,600 shares29,58,000 shares
Fresh Issue Size (Amount)up to ₹21.42 Crup to ₹37.86 Cr
OFS Issue Size5,50,400 shares10,50,000 shares
OFS Issue Size (Amount)up to ₹4.29 Crup to ₹13.44 Cr
Issue Size Total32,96,000 shares40,08,000 shares
Issue Size Total (Amount)up to ₹25.71 Crup to ₹51.30 Cr

IPO Timetable

Auro Impex IPO opens on May 11, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Auro Impex IPO and Vasa Denticity IPO is May 15, 2023, and May 25, 2023, respectively.

 Auro Impex IPOVasa Denticity IPO
Anchor Bid DateMay 22, 2023
Issue OpenMay 11, 2023May 23, 2023
Issue CloseMay 15, 2023May 25, 2023
Basis Of Allotment (Tentative)May 18, 2023May 30, 2023
Initiation of Refunds (Tentative)May 19, 2023May 31, 2023
Credit of Share (Tentative)May 22, 2023Jun 01, 2023
Listing date (Tentative)May 23, 2023Jun 02, 2023
Anchor Lockin End date 1Jun 29, 2023
Anchor Lockin End date 2Aug 28, 2023

Financials & KPIs

Auro Impex IPO P/E ratio is 12.07, as compared to Vasa Denticity IPO P/E ratio of 30.62.

 Auro Impex IPOVasa Denticity IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets82.2862.2033.6128.41
Total Income232.97151.8573.7337.61
Profit After Tax6.002.300.910.27
NET Worth17.5511.55
Reserves and Surplus8.2710.784.133.23
Total Borrowing48.7636.80
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets26.9519.466.914.82
Total Income87.5777.1440.1830.45
Profit After Tax5.025.410.330.09
NET Worth11.036.010.600.27
Reserves and Surplus10.835.810.400.07
Total Borrowing2.663.261.970.65
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9995.00
Promoter Shareholding (Post-Issue)69.62
P/E Ratio12.0730.62
Market Cap₹95.17 Cr.₹205.01 Cr.
ROE90.05
ROCE62.30
Debt/Equity2.770.24
EPS₹6.00₹4.43
RoNW19.9290.05

Shares Offered

In the Auro Impex IPO Retail Individual Investors (RII) are offered 18,46,400 shares while in Vasa Denticity IPO retail investors are offered 18,46,400 shares. Qualified Institutional Buyers (QIB) are offered 3,29,600 shares in Auro Impex IPO and 8,02,000 shares in Vasa Denticity IPO.

 Auro Impex IPOVasa Denticity IPO
Anchor Investor Reservation12,00,000 shares
Market Maker Reservation1,74,400 shares2,16,000 shares
QIB3,29,600 shares8,02,000 shares
NII11,20,000 shares6,02,000 shares
RII18,46,400 shares14,04,000 shares
Employee
Others
Total32,96,000 shares40,08,000 shares

Bids Received (Subscription)

Auro Impex IPO subscribed 66.94x in total, whereas Vasa Denticity IPO subscribed 73.14x.

 Auro Impex IPOVasa Denticity IPO
QIB (times)31.67x37.26x
NII (times)104.05x156.09x
Big NII (times)
Small NII (times)
RII (times)50.72x58.07x
Employee (times)
Other (times)
Total (times)66.94x73.14x

Compare with others

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Auro Impex IPO Vs Vasa Denticity IPO