Comparison between GRE Renew Enertech IPO and Vashishtha Luxury Fashion IPO.
GRE Renew Enertech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vashishtha Luxury Fashion IPO is a SME Bookbuilding proposed to list at BSE SME.
| GRE Renew Enertech IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Nirman Share Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GRE Renew Enertech IPO is up to ₹37.55 Cr whereas the issue size of the Vashishtha Luxury Fashion IPO is up to ₹8.42 Cr. The final issue price of GRE Renew Enertech IPO is ₹105.00 per share and of Vashishtha Luxury Fashion IPO is ₹111.00 per share.
| GRE Renew Enertech IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹109.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹111.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹111.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 35,76,000 shares | 7,58,400 shares |
| Fresh Issue Size (Amount) | up to ₹37.55 Cr | up to ₹8.42 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 | 35,76,000 shares | 7,58,400 shares |
| Issue Size Total (Amount) | up to ₹37.55 Cr | up to ₹8.42 Cr |
GRE Renew Enertech IPO opens on Jan 13, 2026, while Vashishtha Luxury Fashion IPO opens on Sep 05, 2025. The closing date of GRE Renew Enertech IPO and Vashishtha Luxury Fashion IPO is Jan 16, 2026, and Sep 10, 2025, respectively.
| GRE Renew Enertech IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2026 | Sep 04, 2025 |
| Issue Open | Jan 13, 2026 | Sep 05, 2025 |
| Issue Close | Jan 16, 2026 | Sep 10, 2025 |
| Basis Of Allotment (Tentative) | Jan 19, 2026 | Sep 11, 2025 |
| Initiation of Refunds (Tentative) | Jan 20, 2026 | Sep 12, 2025 |
| Credit of Share (Tentative) | Jan 20, 2026 | Sep 12, 2025 |
| Listing date (Tentative) | Jan 21, 2026 | Sep 15, 2025 |
| Anchor Lockin End date 1 | Feb 18, 2026 | Oct 11, 2025 |
| Anchor Lockin End date 2 | Apr 19, 2026 | Dec 10, 2025 |
GRE Renew Enertech IPO P/E ratio is 15.72, as compared to Vashishtha Luxury Fashion IPO P/E ratio of 12.14.
| GRE Renew Enertech IPO | Vashishtha Luxury Fashion IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)Vashishtha Luxury Fashion Ltd.'s revenue increased by 46% and profit after tax (PAT) rose by 346% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.06 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.99 | 66.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.72 | 12.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹150.02 Cr. | ₹26.16 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.89 | 28.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.60 | 31.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | 0.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.68 | ₹9.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.89 | 64.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GRE Renew Enertech IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Vashishtha Luxury Fashion IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered 7,14,000 shares in GRE Renew Enertech IPO and 75,600 shares in Vashishtha Luxury Fashion IPO.
| GRE Renew Enertech IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,62,000 shares | 0 shares |
| Market Maker Reservation | 1,92,000 shares | 40,800 shares |
| QIB | 7,14,000 shares | 75,600 shares |
| NII | 5,40,000 shares | 2,65,200 shares |
| RII | 12,60,000 shares | 4,17,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,76,000 shares | 7,58,400 shares |
GRE Renew Enertech IPO subscribed 16.53x in total, whereas Vashishtha Luxury Fashion IPO subscribed 2.18x.
| GRE Renew Enertech IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| QIB (times) | 14.69x | 1.27x |
| NII (times) | 24.67x | 2.47x |
| Big NII (times) | 27.99x | 2.63x |
| Small NII (times) | 18.02x | 2.16x |
| RII (times) | 14.10x | 2.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.53x | 2.18x |
