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Effwa Infra IPO vs Visaman Global Sales IPO

Comparison between Effwa Infra IPO and Visaman Global Sales IPO.

IPO Details

Effwa Infra IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price proposed to list at NSE SME.

 Effwa Infra IPOVisaman Global Sales IPO
LogoEffwa Infra IPO LogoVisaman Global Sales IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Shreni Shares Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerRikhav Securities Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Effwa Infra IPO is up to ₹48.61 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Effwa Infra IPO is ₹82.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

 Effwa Infra IPOVisaman Global Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹78.00 per share
Issue Price (Upper)₹82.00 per share
Issue Price (Final)₹82.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size49,92,000 shares35,40,000 shares
Fresh Issue Size (Amount)up to ₹40.93 Crup to ₹15.22 Cr
OFS Issue Size9,36,000 shares0 shares
OFS Issue Size (Amount)up to ₹7.68 Crup to ₹0.00 Cr
Issue Size Total59,28,000 shares35,40,000 shares
Issue Size Total (Amount)up to ₹48.61 Crup to ₹15.22 Cr

IPO Timetable

Effwa Infra IPO opens on Jul 05, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Effwa Infra IPO and Visaman Global Sales IPO is Jul 09, 2024, and Jun 26, 2024, respectively.

 Effwa Infra IPOVisaman Global Sales IPO
Anchor Bid DateJul 04, 2024
Issue OpenJul 05, 2024Jun 24, 2024
Issue CloseJul 09, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jul 10, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jul 11, 2024Jun 28, 2024
Credit of Share (Tentative)Jul 11, 2024Jun 28, 2024
Listing date (Tentative)Jul 12, 2024Jul 01, 2024
Anchor Lockin End date 1Aug 09, 2024
Anchor Lockin End date 2Oct 08, 2024

Financials & KPIs

Effwa Infra IPO P/E ratio is 10.59, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

 Effwa Infra IPOVisaman Global Sales IPO
Financials

Effwa Infra & Research Limited Financial Information (Restated)

Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8,302.836,478.544,648.21
Total Income14,551.4611,541.3610,461.67
Profit After Tax1,380.06513.04459.99
Net Worth3,715.052,355.891,842.85
Reserves and Surplus1,932.012,123.321,610.28
Total Borrowing1,406.441,623.011,026.11
Amount in ₹ Lakhs

Visaman Global Sales Limited Financial Information (Restated)

Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,001.695,863.953,982.422,727.20
Total Income20,691.3937,605.0132,407.2913,636.19
Profit After Tax101.61113.3394.6633.47
Net Worth1,095.31993.70660.38565.72
Reserves and Surplus395.31293.70180.3885.72
Total Borrowing5,690.854,345.691,386.10710.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.99100.00
Promoter Shareholding (Post-Issue)72.9972.98
P/E Ratio10.5938.25
Market Cap₹189.81 Cr.₹59.39 Cr.
ROE45.46%9.28%
ROCE40.99%8.02%
Debt/Equity0.385.20
EPS₹7.74₹1.12
RoNW37.15%9.28%

Shares Offered

In the Effwa Infra IPO Retail Individual Investors (RII) are offered 20,91,200 shares while in Visaman Global Sales IPO retail investors are offered 20,91,200 shares. Qualified Institutional Buyers (QIB) are offered 11,68,000 shares in Effwa Infra IPO and in Visaman Global Sales IPO.

 Effwa Infra IPOVisaman Global Sales IPO
Anchor Investor Reserveration17,48,800 shares
Market Maker Reserveration3,24,800 shares1,92,000 shares
QIB11,68,000 shares
NII9,20,000 shares17,70,000 shares
RII20,91,200 shares17,70,000 shares
Employee
Others
Total59,28,000 shares35,40,000 shares

Bids Received (Subscription)

Effwa Infra IPO subscribed 313.65x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

 Effwa Infra IPOVisaman Global Sales IPO
QIB (times)166.56x
NII (times)477.27x28.12x
Big NII (times)
Small NII (times)
RII (times)323.81x51.54x
Employee (times)
Other (times)
Total (times)313.65x42.20x