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E Factor Experiences IPO vs Vinyas Innovative Technologies IPO

Comparison between E Factor Experiences IPO and Vinyas Innovative Technologies IPO.

IPO Details

E Factor Experiences IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinyas Innovative Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

 E Factor Experiences IPOVinyas Innovative Technologies IPO
LogoE Factor Experiences IPO LogoVinyas Innovative Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Sarthi Capital Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of E Factor Experiences IPO is up to ₹24.61 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹51.92 Cr. The final issue price of E Factor Experiences IPO is ₹75.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.

 E Factor Experiences IPOVinyas Innovative Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹162.00 per share
Issue Price (Upper)₹75.00 per share₹165.00 per share
Issue Price (Final)₹75.00 per share₹165.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares800 shares
Fresh Issue Size32,81,600 shares31,46,400 shares
Fresh Issue Size (Amount)up to ₹24.61 Crup to ₹51.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,81,600 shares31,46,400 shares
Issue Size Total (Amount)up to ₹24.61 Crup to ₹51.92 Cr

IPO Timetable

E Factor Experiences IPO opens on Sep 27, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of E Factor Experiences IPO and Vinyas Innovative Technologies IPO is Oct 03, 2023, and Oct 03, 2023, respectively.

 E Factor Experiences IPOVinyas Innovative Technologies IPO
Anchor Bid DateSep 26, 2023Sep 26, 2023
Issue OpenSep 27, 2023Sep 27, 2023
Issue CloseOct 03, 2023Oct 03, 2023
Basis Of Allotment (Tentative)Oct 06, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Oct 07, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 08, 2023Oct 05, 2023
Listing date (Tentative)Oct 09, 2023Oct 06, 2023
Anchor Lockin End date 1Nov 05, 2023Nov 03, 2023
Anchor Lockin End date 2Jan 04, 2024Jan 02, 2024

Financials & KPIs

E Factor Experiences IPO P/E ratio is 9.59, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.

 E Factor Experiences IPOVinyas Innovative Technologies IPO
Financials
E Factor Experiences IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets2,581.944,916.875,674.80
Total Income990.565,700.2411,945.21
Profit After Tax123.39255.73761.35
Net Worth96.96351.851,101.67
Reserves and Surplus-247.045.36138.46
Total Borrowing683.23590.95912.74
Amount in ₹ Lakhs
Vinyas Innovative Technologies IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets18,458.9522,149.0421,598.64
Total Income20,780.5021,216.3023,885.41
Profit After Tax123.15100.88734.34
Net Worth3,069.383,144.744,522.99
Reserves and Surplus2,695.172,770.544,178.79
Total Borrowing9,365.899,542.588,571.01
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9939.87
Promoter Shareholding (Post-Issue)73.5929.37
P/E Ratio9.598.4
Market Cap₹98.16 Cr.₹207.65 Cr.
ROE103.79%16.13%
ROCE54.85%35.20%
Debt/Equity0.831.88
EPS₹7.82₹19.62
RoNW68.35%16.13%

Shares Offered

In the E Factor Experiences IPO Retail Individual Investors (RII) are offered 11,48,800 shares while in Vinyas Innovative Technologies IPO retail investors are offered 11,48,800 shares. Qualified Institutional Buyers (QIB) are offered 6,56,000 shares in E Factor Experiences IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.

 E Factor Experiences IPOVinyas Innovative Technologies IPO
Anchor Investor Reserveration9,84,000 shares9,43,200 shares
Market Maker Reserveration1,74,400 shares1,66,400 shares
QIB6,56,000 shares6,29,600 shares
NII4,92,800 shares4,72,000 shares
RII11,48,800 shares11,01,600 shares
Employee
Others
Total32,81,600 shares31,46,400 shares

Bids Received (Subscription)

E Factor Experiences IPO subscribed 73.14x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.

 E Factor Experiences IPOVinyas Innovative Technologies IPO
QIB (times)46.09x42.74x
NII (times)168.26x95.16x
Big NII (times)
Small NII (times)
RII (times)47.78x21.27x
Employee (times)
Other (times)
Total (times)73.14x43.24x