Comparison between Indong Tea IPO and Transvoy Logistics IPO.
Indong Tea IPO is a SME Fixed Price IPO proposed to list at BSE SME while Transvoy Logistics IPO is a SME Fixed Price proposed to list at BSE SME.
| Indong Tea IPO | Transvoy Logistics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indong Tea IPO is up to ₹12.36 Cr whereas the issue size of the Transvoy Logistics IPO is up to ₹4.84 Cr. The final issue price of Indong Tea IPO is ₹26.00 per share and of Transvoy Logistics IPO is ₹71.00 per share.
| Indong Tea IPO | Transvoy Logistics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹26.00 per share | ₹71.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 47,52,000 shares | 6,81,600 shares |
| Fresh Issue Size (Amount) | up to ₹12.36 Cr | up to ₹4.84 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 | 47,52,000 shares | 6,81,600 shares |
| Issue Size Total (Amount) | up to ₹12.36 Cr | up to ₹4.84 Cr |
Indong Tea IPO opens on Feb 09, 2023, while Transvoy Logistics IPO opens on Jan 20, 2023. The closing date of Indong Tea IPO and Transvoy Logistics IPO is Feb 13, 2023, and Jan 24, 2023, respectively.
| Indong Tea IPO | Transvoy Logistics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 09, 2023 | Jan 20, 2023 |
| Issue Close | Feb 13, 2023 | Jan 24, 2023 |
| Basis Of Allotment (Tentative) | Feb 16, 2023 | Jan 30, 2023 |
| Initiation of Refunds (Tentative) | Feb 17, 2023 | Jan 31, 2023 |
| Credit of Share (Tentative) | Feb 20, 2023 | Feb 01, 2023 |
| Listing date (Tentative) | Feb 21, 2023 | Feb 02, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indong Tea IPO P/E ratio is 9.52, as compared to Transvoy Logistics IPO P/E ratio of 34.63.
| Indong Tea IPO | Transvoy Logistics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.09 | 97.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.03 | 71.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.52 | 34.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.00 Cr. | ₹18.91 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 56.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.12 | ₹10.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.24 | 107.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indong Tea IPO Retail Individual Investors (RII) are offered 23,76,000 shares while in Transvoy Logistics IPO retail investors are offered 23,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Indong Tea IPO and in Transvoy Logistics IPO.
| Indong Tea IPO | Transvoy Logistics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 5,04,000 shares | 38,400 shares |
| QIB | ||
| NII | 23,76,000 shares | 3,40,800 shares |
| RII | 23,76,000 shares | 3,40,800 shares |
| Employee | ||
| Others | ||
| Total | 47,52,000 shares | 6,81,600 shares |
Indong Tea IPO subscribed 4.97x in total, whereas Transvoy Logistics IPO subscribed 184.34x.
| Indong Tea IPO | Transvoy Logistics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.17x | 200.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.76x | 168.67x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.97x | 184.34x |
