Enfuse Solutions IPO vs Vishwas Agri Seeds IPO

Comparison between Enfuse Solutions IPO and Vishwas Agri Seeds IPO.

IPO Details

Enfuse Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vishwas Agri Seeds IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Enfuse Solutions IPO is up to ₹21.29 Cr whereas the issue size of the Vishwas Agri Seeds IPO is up to ₹24.49 Cr. The final issue price of Enfuse Solutions IPO is ₹96.00 per share and of Vishwas Agri Seeds IPO is ₹86.00 per share.

 Enfuse Solutions IPOVishwas Agri Seeds IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹91.00 per share
Issue Price (Upper)₹96.00 per share
Issue Price (Final)₹96.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size22,17,600 shares28,48,000 shares
Fresh Issue Size (Amount)up to ₹21.29 Crup to ₹24.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,17,600 shares28,48,000 shares
Issue Size Total (Amount)up to ₹21.29 Crup to ₹24.49 Cr

IPO Timetable

Enfuse Solutions IPO opens on Mar 15, 2024, while Vishwas Agri Seeds IPO opens on Mar 21, 2024. The closing date of Enfuse Solutions IPO and Vishwas Agri Seeds IPO is Mar 19, 2024, and Mar 26, 2024, respectively.

 Enfuse Solutions IPOVishwas Agri Seeds IPO
Anchor Bid DateMar 14, 2024
Issue OpenMar 15, 2024Mar 21, 2024
Issue CloseMar 19, 2024Mar 26, 2024
Basis Of Allotment (Tentative)Mar 20, 2024Mar 27, 2024
Initiation of Refunds (Tentative)Mar 21, 2024Mar 28, 2024
Credit of Share (Tentative)Mar 21, 2024Mar 28, 2024
Listing date (Tentative)Mar 22, 2024Apr 01, 2024
Anchor Lockin End date 1Apr 19, 2024
Anchor Lockin End date 2Jun 18, 2024

Financials & KPIs

Enfuse Solutions IPO P/E ratio is 21.35, as compared to Vishwas Agri Seeds IPO P/E ratio of 5.06.

 Enfuse Solutions IPOVishwas Agri Seeds IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets25.4711.658.904.61
Total Income28.0526.1025.5717.20
Profit After Tax3.232.931.981.55
NET Worth9.706.463.541.56
Reserves and Surplus3.19
Total Borrowing9.062.422.34
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.7253.5233.6320.96
Total Income42.4765.3264.8653.83
Profit After Tax4.515.342.481.16
NET Worth18.8414.334.792.01
Reserves and Surplus11.847.333.991.51
Total Borrowing28.6318.7816.9712.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.5870.00
P/E Ratio21.355.06
Market Cap₹84.94 Cr.₹86.00 Cr.
ROE39.88%27.20%
ROCE24.05%14.60%
Debt/Equity
EPS₹4.50₹16.98
RoNW33.25%23.94%

Shares Offered

In the Enfuse Solutions IPO Retail Individual Investors (RII) are offered 7,76,400 shares while in Vishwas Agri Seeds IPO retail investors are offered 7,76,400 shares. Qualified Institutional Buyers (QIB) are offered 4,44,000 shares in Enfuse Solutions IPO and in Vishwas Agri Seeds IPO.

 Enfuse Solutions IPOVishwas Agri Seeds IPO
Anchor Investor Reservation6,63,600 shares
Market Maker Reservation1,20,000 shares1,52,000 shares
QIB4,44,000 shares
NII3,33,600 shares14,24,000 shares
RII7,76,400 shares14,24,000 shares
Employee
Others
Total22,17,600 shares28,48,000 shares

Bids Received (Subscription)

Enfuse Solutions IPO subscribed 357.31x in total, whereas Vishwas Agri Seeds IPO subscribed 12.21x.

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Enfuse Solutions IPO Vs Vishwas Agri Seeds IPO