Comparison between GConnect Logitech IPO and Vruddhi Engineering Works IPO.
GConnect Logitech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.
| GConnect Logitech IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.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 GConnect Logitech IPO is up to ₹5.30 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
| GConnect Logitech 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) | ₹40.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 13,26,000 shares | 6,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.30 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 | 13,26,000 shares | 6,44,000 shares |
| Issue Size Total (Amount) | up to ₹5.30 Cr | up to ₹4.51 Cr |
GConnect Logitech IPO opens on Mar 26, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of GConnect Logitech IPO and Vruddhi Engineering Works IPO is Mar 28, 2024, and Mar 28, 2024, respectively.
| GConnect Logitech IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2024 | Mar 26, 2024 |
| Issue Close | Mar 28, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Apr 01, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Apr 02, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Apr 02, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 03, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
GConnect Logitech IPO P/E ratio is 1.5, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
| GConnect Logitech IPO | Vruddhi Engineering Works IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GConnect Logitech and Supply Chain Limited Financial Information (Restated)
| 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) | 76.76 | 96.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 47.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 1.5 | 17.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹14.88 Cr. | ₹17.67 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.73% | 16.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 7.67% | 15.53% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.64 | ₹4.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.73% | 16.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GConnect Logitech IPO Retail Individual Investors (RII) are offered 6,63,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 6,63,000 shares. Qualified Institutional Buyers (QIB) are offered in GConnect Logitech IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| GConnect Logitech IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 75,000 shares | 36,000 shares |
| QIB | 3,20,000 shares | |
| NII | 6,63,000 shares | 98,000 shares |
| RII | 6,63,000 shares | 2,26,000 shares |
| Employee | ||
| Others | ||
| Total | 13,26,000 shares | 6,44,000 shares |
GConnect Logitech IPO subscribed 57.38x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.
| GConnect Logitech IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| QIB (times) | 1.05x | |
| NII (times) | 42.90x | 28.14x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 71.74x | 20.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 57.38x | 12.67x |
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