Comparison between Le Travenues Technology IPO and Vraj Iron IPO.
Le Travenues Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vraj Iron IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Le Travenues Technology IPO is up to ₹740.10 Cr whereas the issue size of the Vraj Iron IPO is up to ₹171.00 Cr. The final issue price of Le Travenues Technology IPO is ₹93.00 per share and of Vraj Iron IPO is ₹207.00 per share.
| Le Travenues Technology IPO | Vraj Iron IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹88.00 per share | ₹195.00 per share |
| Issue Price (Upper) | ₹93.00 per share | ₹207.00 per share |
| Issue Price (Final) | ₹93.00 per share | ₹207.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 161 shares | 72 shares |
| Fresh Issue Size | 1,29,03,225 shares | 82,60,869 shares |
| Fresh Issue Size (Amount) | up to ₹120.00 Cr | up to ₹171.00 Cr |
| OFS Issue Size | 6,66,77,674 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹620.10 Cr | up to ₹0.00 Cr |
| Issue Size Total | 7,95,80,899 shares | 82,60,869 shares |
| Issue Size Total (Amount) | up to ₹740.10 Cr | up to ₹171.00 Cr |
Le Travenues Technology IPO opens on Jun 10, 2024, while Vraj Iron IPO opens on Jun 26, 2024. The closing date of Le Travenues Technology IPO and Vraj Iron IPO is Jun 12, 2024, and Jun 28, 2024, respectively.
| Le Travenues Technology IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Bid Date | Jun 07, 2024 | Jun 25, 2024 |
| Issue Open | Jun 10, 2024 | Jun 26, 2024 |
| Issue Close | Jun 12, 2024 | Jun 28, 2024 |
| Basis Of Allotment (Tentative) | Jun 13, 2024 | Jul 01, 2024 |
| Initiation of Refunds (Tentative) | Jun 14, 2024 | Jul 02, 2024 |
| Credit of Share (Tentative) | Jun 14, 2024 | Jul 02, 2024 |
| Listing date (Tentative) | Jun 18, 2024 | Jul 03, 2024 |
| Anchor Lockin End date 1 | Jul 13, 2024 | Jul 31, 2024 |
| Anchor Lockin End date 2 | Sep 11, 2024 | Sep 29, 2024 |
Le Travenues Technology IPO P/E ratio is 148.87, as compared to Vraj Iron IPO P/E ratio of 9.48.
| Le Travenues Technology IPO | Vraj Iron IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 148.87 | 9.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3603.04 Cr. | ₹682.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.78% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.34% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.62 | ₹21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.26% | 23.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Le Travenues Technology IPO Retail Individual Investors (RII) are offered 79,58,089 shares while in Vraj Iron IPO retail investors are offered 79,58,089 shares. Qualified Institutional Buyers (QIB) are offered 2,38,74,271 shares in Le Travenues Technology IPO and 16,52,174 shares in Vraj Iron IPO.
| Le Travenues Technology IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,58,11,405 shares | 24,78,259 shares |
| Market Maker Reservation | ||
| QIB | 2,38,74,271 shares | 16,52,174 shares |
| NII | 1,19,37,134 shares | 12,39,131 shares |
| RII | 79,58,089 shares | 28,91,305 shares |
| Employee | ||
| Others | ||
| Total | 7,95,80,899 shares | 82,60,869 shares |
Le Travenues Technology IPO subscribed 98.10x in total, whereas Vraj Iron IPO subscribed 126.36x.
| Le Travenues Technology IPO | Vraj Iron IPO | |
|---|---|---|
| QIB (times) | 106.73x | 173.99x |
| NII (times) | 110.25x | 221.66x |
| Big NII (times) | 117.40x | 217.50x |
| Small NII (times) | 95.95x | 229.99x |
| RII (times) | 53.95x | 58.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 98.10x | 126.36x |
