Gujarat Hy-Spin IPO vs Vasa Retail IPO

Comparison between Gujarat Hy-Spin IPO and Vasa Retail IPO.

IPO Details

Gujarat Hy-Spin IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vasa Retail IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Gujarat Hy-Spin IPO is up to ₹4.22 Cr whereas the issue size of the Vasa Retail IPO is up to ₹4.54 Cr. The final issue price of Gujarat Hy-Spin IPO is ₹10.00 per share and of Vasa Retail IPO is ₹30.00 per share.

 Gujarat Hy-Spin IPOVasa Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares4000 shares
Fresh Issue Size0 shares15,12,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹4.54 Cr
OFS Issue Size42,20,000 shares0 shares
OFS Issue Size (Amount)up to ₹4.22 Crup to ₹0.00 Cr
Issue Size Total42,20,000 shares15,12,000 shares
Issue Size Total (Amount)up to ₹4.22 Crup to ₹4.54 Cr

IPO Timetable

Gujarat Hy-Spin IPO opens on Jan 25, 2018, while Vasa Retail IPO opens on Jan 24, 2018. The closing date of Gujarat Hy-Spin IPO and Vasa Retail IPO is Jan 31, 2018, and Jan 29, 2018, respectively.

 Gujarat Hy-Spin IPOVasa Retail IPO
Issue OpenJan 25, 2018Jan 24, 2018
Issue CloseJan 31, 2018Jan 29, 2018
Basis Of Allotment (Tentative)Feb 05, 2018Feb 02, 2018
Listing date (Tentative)Feb 08, 2018Feb 06, 2018

Financials & KPIs

Gujarat Hy-Spin IPO P/E ratio is , as compared to Vasa Retail IPO P/E ratio of .

 Gujarat Hy-Spin IPOVasa Retail IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets64.1959.3561.6256.60
Total Income26.3952.0551.8952.12
Profit After Tax0.170.150.04-0.34
NET Worth18.6318.0517.3716.22
Reserves and Surplus1.881.300.62-0.53
Total Borrowing28.5631.4735.9334.33
Amount in ₹ Crore

Company Financials (Restated)

Period Ended20 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets24.6114.2712.898.44
Total Income17.9223.8521.8618.82
Profit After Tax0.860.92-0.15-0.11
NET Worth3.732.051.341.02
Total Borrowing8.585.444.913.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%95.45%
Promoter Shareholding (Post-Issue)55.11%69.96%
Market Cap₹16.75 Cr.₹17.98 Cr.

Shares Offered

In the Gujarat Hy-Spin IPO Retail Individual Investors (RII) are offered 21,10,000 shares while in Vasa Retail IPO retail investors are offered 21,10,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Gujarat Hy-Spin IPO and 0 shares in Vasa Retail IPO.

 Gujarat Hy-Spin IPOVasa Retail IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares88,000 shares
QIB0 shares0 shares
NII21,10,000 shares7,56,000 shares
RII21,10,000 shares7,56,000 shares
Employee0 shares0 shares
Total42,20,000 shares15,12,000 shares

Bids Received (Subscription)

Gujarat Hy-Spin IPO subscribed 4.81x in total, whereas Vasa Retail IPO subscribed 217.70x.

 Gujarat Hy-Spin IPOVasa Retail IPO
NII (times)1.89x175.44x
RII (times)7.73x259.96x
Total (times)4.81x217.70x

Compare with others

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Gujarat Hy-Spin IPO Vs Vasa Retail IPO