Comparison between IMS Mercantiles IPO and Vigor Plast IPO.
IMS Mercantiles IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vigor Plast IPO is a SME Bookbuilding proposed to list at NSE SME.
| IMS Mercantiles IPO | Vigor Plast IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Unistone Capital Pvt.Ltd. |
| Registrar | MAS Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Alacrity Securities Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of IMS Mercantiles IPO is up to ₹0.00 Cr whereas the issue size of the Vigor Plast IPO is up to ₹23.85 Cr. The final issue price of IMS Mercantiles IPO is and of Vigor Plast IPO is ₹81.00 per share.
| IMS Mercantiles IPO | Vigor Plast IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹77.00 per share | |
| Issue Price (Upper) | ₹81.00 per share | |
| Issue Price (Final) | ₹81.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 38,78,400 shares | 23,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹18.99 Cr |
| OFS Issue Size | 12,93,600 shares | 6,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.86 Cr |
| Issue Size Total | 51,72,000 shares | 29,44,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹23.85 Cr |
IMS Mercantiles IPO opens on , while Vigor Plast IPO opens on Sep 04, 2025. The closing date of IMS Mercantiles IPO and Vigor Plast IPO is , and Sep 09, 2025, respectively.
| IMS Mercantiles IPO | Vigor Plast IPO | |
|---|---|---|
| Anchor Bid Date | Sep 03, 2025 | |
| Issue Open | Sep 04, 2025 | |
| Issue Close | Sep 09, 2025 | |
| Basis Of Allotment (Tentative) | Sep 10, 2025 | |
| Initiation of Refunds (Tentative) | Sep 11, 2025 | |
| Credit of Share (Tentative) | Sep 11, 2025 | |
| Listing date (Tentative) | Sep 12, 2025 | |
| Anchor Lockin End date 1 | Oct 09, 2025 | |
| Anchor Lockin End date 2 | Dec 08, 2025 |
IMS Mercantiles IPO P/E ratio is , as compared to Vigor Plast IPO P/E ratio of 12.35.
| IMS Mercantiles IPO | Vigor Plast IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Vigor Plast India Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 76% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.75 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹83.85 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 37.02 | 59.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.83 | 28.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.63 | 1.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37.02 | 59.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IMS Mercantiles IPO Retail Individual Investors (RII) are offered while in Vigor Plast IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in IMS Mercantiles IPO and 5,90,400 shares in Vigor Plast IPO.
| IMS Mercantiles IPO | Vigor Plast IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,73,600 shares | |
| Market Maker Reservation | 2,59,200 shares | 1,55,200 shares |
| QIB | 5,90,400 shares | |
| NII | 4,46,400 shares | |
| RII | 10,33,600 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 29,44,000 shares |
IMS Mercantiles IPO subscribed in total, whereas Vigor Plast IPO subscribed 3.88x.
| IMS Mercantiles IPO | Vigor Plast IPO | |
|---|---|---|
| QIB (times) | 3.94x | |
| NII (times) | 7.03x | |
| Big NII (times) | 9.00x | |
| Small NII (times) | 3.09x | |
| RII (times) | 2.49x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.88x |
