Comparison between Micropro Software Solutions IPO and Vrundavan Plantation IPO.
Micropro Software Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.
| Micropro Software Solutions IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Micropro Software Solutions IPO is up to ₹29.16 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.
| Micropro Software Solutions IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹81.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 36,00,000 shares | 13,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.16 Cr | up to ₹14.52 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 | 36,00,000 shares | 13,44,000 shares |
| Issue Size Total (Amount) | up to ₹29.16 Cr | up to ₹14.52 Cr |
Micropro Software Solutions IPO opens on Nov 03, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Micropro Software Solutions IPO and Vrundavan Plantation IPO is Nov 07, 2023, and Nov 01, 2023, respectively.
| Micropro Software Solutions IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 03, 2023 | Oct 30, 2023 |
| Issue Close | Nov 07, 2023 | Nov 01, 2023 |
| Basis Of Allotment (Tentative) | Nov 09, 2023 | Nov 05, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 10, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Micropro Software Solutions IPO P/E ratio is 0.34, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.
| Micropro Software Solutions IPO | Vrundavan Plantation IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Micropro Software Solutions Limited Financial Information (Restated)Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% between the financial year ending with March 31, 2023 and March 31, 2022.
| Vrundavan Plantation Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 63.40 | 85.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | 62.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | 34.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.48 Cr. | ₹57.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 8.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41% | 6.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹0.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.93% | 4.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Micropro Software Solutions IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Vrundavan Plantation IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Micropro Software Solutions IPO and in Vrundavan Plantation IPO.
| Micropro Software Solutions IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,90,400 shares | 72,000 shares |
| QIB | ||
| NII | 18,00,000 shares | 6,72,000 shares |
| RII | 18,00,000 shares | 6,72,000 shares |
| Employee | ||
| Others | ||
| Total | 36,00,000 shares | 13,44,000 shares |
Micropro Software Solutions IPO subscribed 36.88x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.
| Micropro Software Solutions IPO | Vrundavan Plantation IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 22.60x | 11.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 49.08x | 25.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 36.88x | 18.57x |
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