Comparison between Indian Phosphate IPO and Vdeal System IPO.
Indian Phosphate 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.
| Indian Phosphate IPO | Vdeal System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Affinity Global Capital Market Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indian Phosphate IPO is up to ₹63.66 Cr whereas the issue size of the Vdeal System IPO is up to ₹17.16 Cr. The final issue price of Indian Phosphate IPO is ₹99.00 per share and of Vdeal System IPO is ₹112.00 per share.
| Indian Phosphate IPO | Vdeal System IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹94.00 per share | |
| Issue Price (Upper) | ₹99.00 per share | |
| Issue Price (Final) | ₹99.00 per share | ₹112.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 64,30,800 shares | 15,32,400 shares |
| Fresh Issue Size (Amount) | up to ₹63.66 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 | 64,30,800 shares | 15,32,400 shares |
| Issue Size Total (Amount) | up to ₹63.66 Cr | up to ₹17.16 Cr |
Indian Phosphate IPO opens on Aug 26, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Indian Phosphate IPO and Vdeal System IPO is Aug 29, 2024, and Aug 29, 2024, respectively.
| Indian Phosphate IPO | Vdeal System IPO | |
|---|---|---|
| Anchor Bid Date | Aug 23, 2024 | |
| Issue Open | Aug 26, 2024 | Aug 27, 2024 |
| Issue Close | Aug 29, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Aug 30, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 02, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 02, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 03, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | Sep 29, 2024 | |
| Anchor Lockin End date 2 | Nov 28, 2024 |
Indian Phosphate IPO P/E ratio is 14.88, as compared to Vdeal System IPO P/E ratio of 11.79.
| Indian Phosphate IPO | Vdeal System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Indian Phosphate Limited Financial Information (Restated Consolidated)Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% 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.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 99.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.77 | 66.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.88 | 11.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹247.40 Cr. | ₹54.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.14% | 49.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.93% | 32.83% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | 1.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.65 | ₹9.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.63% | 49.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indian Phosphate IPO Retail Individual Investors (RII) are offered 22,51,200 shares while in Vdeal System IPO retail investors are offered 22,51,200 shares. Qualified Institutional Buyers (QIB) are offered 12,86,400 shares in Indian Phosphate IPO and in Vdeal System IPO.
| Indian Phosphate IPO | Vdeal System IPO | |
|---|---|---|
| Anchor Investor Reserveration | 19,28,400 shares | |
| Market Maker Reserveration | 3,73,200 shares | 81,600 shares |
| QIB | 12,86,400 shares | |
| NII | 9,64,800 shares | 7,65,600 shares |
| RII | 22,51,200 shares | 7,66,800 shares |
| Employee | ||
| Others | ||
| Total | 64,30,800 shares | 15,32,400 shares |
Indian Phosphate IPO subscribed 267.89x in total, whereas Vdeal System IPO subscribed 71.38x.
| Indian Phosphate IPO | Vdeal System IPO | |
|---|---|---|
| QIB (times) | 181.58x | |
| NII (times) | 441.01x | 61.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 243.02x | 76.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 267.89x | 71.38x |
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