Comparison between Mega Flex Plastics IPO and Virtuoso Optoelectronics IPO.
Mega Flex Plastics 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.
| Mega Flex Plastics 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 | Finshore Management Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Rainbow 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 Mega Flex Plastics IPO is up to ₹10.82 Cr whereas the issue size of the Virtuoso Optoelectronics IPO is up to ₹28.67 Cr. The final issue price of Mega Flex Plastics IPO is ₹40.00 per share and of Virtuoso Optoelectronics IPO is ₹56.00 per share.
| Mega Flex Plastics IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹56.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 27,06,000 shares | 51,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.82 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 | 27,06,000 shares | 51,20,000 shares |
| Issue Size Total (Amount) | up to ₹10.82 Cr | up to ₹28.67 Cr |
Mega Flex Plastics IPO opens on Sep 06, 2022, while Virtuoso Optoelectronics IPO opens on Sep 02, 2022. The closing date of Mega Flex Plastics IPO and Virtuoso Optoelectronics IPO is Sep 09, 2022, and Sep 07, 2022, respectively.
| Mega Flex Plastics IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 06, 2022 | Sep 02, 2022 |
| Issue Close | Sep 09, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Sep 14, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Sep 15, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Sep 16, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Sep 19, 2022 | Sep 15, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mega Flex Plastics IPO P/E ratio is 16.19, as compared to Virtuoso Optoelectronics IPO P/E ratio of 6.92.
| Mega Flex Plastics IPO | Virtuoso Optoelectronics IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.79 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.32 | 73.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.19 | 6.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹42.98 Cr. | ₹114.14 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹15.16 | ₹3.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.56 | 18.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mega Flex Plastics IPO Retail Individual Investors (RII) are offered 13,53,000 shares while in Virtuoso Optoelectronics IPO retail investors are offered 13,53,000 shares. Qualified Institutional Buyers (QIB) are offered in Mega Flex Plastics IPO and in Virtuoso Optoelectronics IPO.
| Mega Flex Plastics IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,44,000 shares | 2,80,000 shares |
| QIB | ||
| NII | 13,53,000 shares | 25,60,000 shares |
| RII | 13,53,000 shares | 25,60,000 shares |
| Employee | ||
| Others | ||
| Total | 27,06,000 shares | 51,20,000 shares |
Mega Flex Plastics IPO subscribed 46.31x in total, whereas Virtuoso Optoelectronics IPO subscribed 96.91x.
| Mega Flex Plastics IPO | Virtuoso Optoelectronics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 52.86x | 112.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 39.75x | 80.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 46.31x | 96.91x |
