Comparison between Concord Control Systems IPO and Vedant Asset IPO.
Concord Control Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset IPO is a SME Fixed Price proposed to list at BSE SME.
| Concord Control Systems IPO | Vedant Asset IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Hem Securities 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 Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Vedant Asset IPO is ₹40.00 per share.
| Concord Control Systems IPO | Vedant Asset IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | |
| Issue Price (Upper) | ₹55.00 per share | |
| Issue Price (Final) | ₹55.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 14,34,000 shares | 7,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.89 Cr | up to ₹2.83 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 | 14,34,000 shares | 7,08,000 shares |
| Issue Size Total (Amount) | up to ₹7.89 Cr | up to ₹2.83 Cr |
Concord Control Systems IPO opens on Sep 27, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Concord Control Systems IPO and Vedant Asset IPO is Sep 29, 2022, and Oct 04, 2022, respectively.
| Concord Control Systems IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2022 | |
| Issue Open | Sep 27, 2022 | Sep 30, 2022 |
| Issue Close | Sep 29, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 1 | Nov 03, 2022 | |
| Anchor Lockin End date 2 | Jan 02, 2023 |
Concord Control Systems IPO P/E ratio is 12.14, as compared to Vedant Asset IPO P/E ratio of 80.
| Concord Control Systems IPO | Vedant Asset IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 72.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.14 | 80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.42 Cr. | ₹11.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 41.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.17 | ₹0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.35 | 6.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in Vedant Asset IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in Vedant Asset IPO.
| Concord Control Systems IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,28,000 shares | |
| Market Maker Reservation | 78,000 shares | 42,000 shares |
| QIB | 2,88,000 shares | |
| NII | 2,16,000 shares | 3,54,000 shares |
| RII | 5,02,000 shares | 3,54,000 shares |
| Employee | ||
| Others | ||
| Total | 14,34,000 shares | 7,08,000 shares |
Concord Control Systems IPO subscribed 202.41x in total, whereas Vedant Asset IPO subscribed 49.07x.
| Concord Control Systems IPO | Vedant Asset IPO | |
|---|---|---|
| QIB (times) | 15.18x | |
| NII (times) | 307.40x | 42.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 424.26x | 55.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 202.41x | 49.07x |
