Comparison between Excellent Wires IPO and Vdeal System IPO.
Excellent Wires IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vdeal System IPO is a SME Fixed Price proposed to list at NSE SME.
| Excellent Wires IPO | Vdeal System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Affinity Global Capital Market Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Inventure Growth & Securities Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Excellent Wires IPO is up to ₹11.95 Cr whereas the issue size of the Vdeal System IPO is up to ₹17.16 Cr. The final issue price of Excellent Wires IPO is ₹90.00 per share and of Vdeal System IPO is ₹112.00 per share.
| Excellent Wires IPO | Vdeal System IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹112.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 13,28,000 shares | 15,32,400 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹17.16 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 | 13,28,000 shares | 15,32,400 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹17.16 Cr |
Excellent Wires IPO opens on Sep 11, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Excellent Wires IPO and Vdeal System IPO is Sep 13, 2024, and Aug 29, 2024, respectively.
| Excellent Wires IPO | Vdeal System IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 11, 2024 | Aug 27, 2024 |
| Issue Close | Sep 13, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Sep 16, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 17, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 17, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 19, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Excellent Wires IPO P/E ratio is 33.3, as compared to Vdeal System IPO P/E ratio of 11.79.
| Excellent Wires IPO | Vdeal System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.
| Vdeal System Limited Financial Information (Restated)Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.90 | 99.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.12 | 66.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.3 | 11.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.23 Cr. | ₹54.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.52% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.83% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.70 | ₹9.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.90% | 49.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Excellent Wires IPO Retail Individual Investors (RII) are offered 6,64,000 shares while in Vdeal System IPO retail investors are offered 6,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Excellent Wires IPO and in Vdeal System IPO.
| Excellent Wires IPO | Vdeal System IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 72,000 shares | 81,600 shares |
| QIB | ||
| NII | 6,64,000 shares | 7,65,600 shares |
| RII | 6,64,000 shares | 7,66,800 shares |
| Employee | ||
| Others | ||
| Total | 13,28,000 shares | 15,32,400 shares |
Excellent Wires IPO subscribed 20.37x in total, whereas Vdeal System IPO subscribed 71.38x.
| Excellent Wires IPO | Vdeal System IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 8.75x | 61.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 32.00x | 76.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.37x | 71.38x |
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