Comparison between Ishan International IPO and Virtuoso Optoelectronics IPO.
Ishan International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Virtuoso Optoelectronics IPO is a SME Fixed Price proposed to list at BSE SME.
| Ishan International IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | First Overseas Capital Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Gretex Share 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 Ishan International IPO is up to ₹17.28 Cr whereas the issue size of the Virtuoso Optoelectronics IPO is up to ₹28.67 Cr. The final issue price of Ishan International IPO is ₹80.00 per share and of Virtuoso Optoelectronics IPO is ₹56.00 per share.
| Ishan International IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹56.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 21,60,000 shares | 51,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.28 Cr | up to ₹28.67 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 | 21,60,000 shares | 51,20,000 shares |
| Issue Size Total (Amount) | up to ₹17.28 Cr | up to ₹28.67 Cr |
Ishan International IPO opens on Sep 09, 2022, while Virtuoso Optoelectronics IPO opens on Sep 02, 2022. The closing date of Ishan International IPO and Virtuoso Optoelectronics IPO is Sep 14, 2022, and Sep 07, 2022, respectively.
| Ishan International IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2022 | Sep 02, 2022 |
| Issue Close | Sep 14, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Sep 19, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Sep 20, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Sep 21, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Sep 22, 2022 | Sep 15, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ishan International IPO P/E ratio is 38.09, as compared to Virtuoso Optoelectronics IPO P/E ratio of 6.92.
| Ishan International IPO | Virtuoso Optoelectronics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.61 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.21 | 73.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.09 | 6.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹57.66 Cr. | ₹114.14 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.58 | ₹3.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21 | 18.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ishan International IPO Retail Individual Investors (RII) are offered 10,80,000 shares while in Virtuoso Optoelectronics IPO retail investors are offered 10,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Ishan International IPO and in Virtuoso Optoelectronics IPO.
| Ishan International IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 2,80,000 shares |
| QIB | ||
| NII | 10,80,000 shares | 25,60,000 shares |
| RII | 10,80,000 shares | 25,60,000 shares |
| Employee | ||
| Others | ||
| Total | 21,60,000 shares | 51,20,000 shares |
Ishan International IPO subscribed 1.62x in total, whereas Virtuoso Optoelectronics IPO subscribed 96.91x.
| Ishan International IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.60x | 112.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.65x | 80.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 96.91x |
