Infollion Research IPO vs Vasa Denticity IPO

Comparison between Infollion Research IPO and Vasa Denticity IPO.

IPO Details

Infollion Research IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vasa Denticity IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Infollion Research IPO is up to ₹20.36 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹51.30 Cr. The final issue price of Infollion Research IPO is ₹82.00 per share and of Vasa Denticity IPO is ₹128.00 per share.

 Infollion Research IPOVasa Denticity IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share₹121.00 per share
Issue Price (Upper)₹82.00 per share₹128.00 per share
Issue Price (Final)₹82.00 per share₹128.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size20,91,200 shares29,58,000 shares
Fresh Issue Size (Amount)up to ₹17.15 Crup to ₹37.86 Cr
OFS Issue Size3,92,000 shares10,50,000 shares
OFS Issue Size (Amount)up to ₹3.21 Crup to ₹13.44 Cr
Issue Size Total24,83,200 shares40,08,000 shares
Issue Size Total (Amount)up to ₹20.36 Crup to ₹51.30 Cr

IPO Timetable

Infollion Research IPO opens on May 29, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Infollion Research IPO and Vasa Denticity IPO is May 31, 2023, and May 25, 2023, respectively.

 Infollion Research IPOVasa Denticity IPO
Anchor Bid DateMay 26, 2023May 22, 2023
Issue OpenMay 29, 2023May 23, 2023
Issue CloseMay 31, 2023May 25, 2023
Basis Of Allotment (Tentative)Jun 05, 2023May 30, 2023
Initiation of Refunds (Tentative)Jun 06, 2023May 31, 2023
Credit of Share (Tentative)Jun 07, 2023Jun 01, 2023
Listing date (Tentative)Jun 08, 2023Jun 02, 2023
Anchor Lockin End date 1Jul 05, 2023Jun 29, 2023
Anchor Lockin End date 2Sep 03, 2023Aug 28, 2023

Financials & KPIs

Infollion Research IPO P/E ratio is 14.24, as compared to Vasa Denticity IPO P/E ratio of 30.62.

 Infollion Research IPOVasa Denticity IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets18.0111.818.49
Total Income35.3022.2016.06
Profit After Tax5.583.412.08
NET Worth16.0110.437.02
Reserves and Surplus8.5410.427.01
Total Borrowing0.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets26.9519.466.914.82
Total Income87.5777.1440.1830.45
Profit After Tax5.025.410.330.09
NET Worth11.036.010.600.27
Reserves and Surplus10.835.810.400.07
Total Borrowing2.663.261.970.65
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.0995.00
Promoter Shareholding (Post-Issue)69.62
P/E Ratio14.2430.62
Market Cap₹79.47 Cr.₹205.01 Cr.
ROE42.2090.05
ROCE62.30
Debt/Equity0.24
EPS₹4.43
RoNW90.05

Shares Offered

In the Infollion Research IPO Retail Individual Investors (RII) are offered 8,70,400 shares while in Vasa Denticity IPO retail investors are offered 8,70,400 shares. Qualified Institutional Buyers (QIB) are offered 4,83,200 shares in Infollion Research IPO and 8,02,000 shares in Vasa Denticity IPO.

 Infollion Research IPOVasa Denticity IPO
Anchor Investor Reservation7,24,800 shares12,00,000 shares
Market Maker Reservation1,32,800 shares2,16,000 shares
QIB4,83,200 shares8,02,000 shares
NII4,04,800 shares6,02,000 shares
RII8,70,400 shares14,04,000 shares
Employee
Others
Total24,83,200 shares40,08,000 shares

Bids Received (Subscription)

Infollion Research IPO subscribed 279.24x in total, whereas Vasa Denticity IPO subscribed 73.14x.

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Infollion Research IPO Vs Vasa Denticity IPO