Comparison between Enser Communications IPO and Vruddhi Engineering Works IPO.
Enser Communications IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.
| Enser Communications IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | B.N.Rathi Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Enser Communications IPO is up to ₹15.34 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Enser Communications IPO is ₹70.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
| Enser Communications IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 21,92,000 shares | 6,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.34 Cr | up to ₹4.51 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 | 21,92,000 shares | 6,44,000 shares |
| Issue Size Total (Amount) | up to ₹15.34 Cr | up to ₹4.51 Cr |
Enser Communications IPO opens on Mar 15, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Enser Communications IPO and Vruddhi Engineering Works IPO is Mar 19, 2024, and Mar 28, 2024, respectively.
| Enser Communications IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 15, 2024 | Mar 26, 2024 |
| Issue Close | Mar 19, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 20, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 21, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 21, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Mar 22, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Enser Communications IPO P/E ratio is 28.02, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
| Enser Communications IPO | Vruddhi Engineering Works IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Enser Communications Limited Financial Information (Restated)Enser Communications Limited's revenue increased by 53.63% and profit after tax (PAT) rose by 105.42% between the financial year ending with March 31, 2023 and March 31, 2022.
| Vruddhi Engineering Works Limited Financial Information (Restated)Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.13 | 96.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.02 | 17.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61.01 Cr. | ₹17.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.76% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.61% | 15.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.50 | ₹4.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.76% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Enser Communications IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Enser Communications IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| Enser Communications IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,18,000 shares | 36,000 shares |
| QIB | 3,20,000 shares | |
| NII | 10,96,000 shares | 98,000 shares |
| RII | 10,96,000 shares | 2,26,000 shares |
| Employee | ||
| Others | ||
| Total | 21,92,000 shares | 6,44,000 shares |
Enser Communications IPO subscribed 7.29x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.
| Enser Communications IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| QIB (times) | 1.05x | |
| NII (times) | 3.64x | 28.14x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.92x | 20.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.29x | 12.67x |
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