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Grand Continent Hotels IPO vs N R Vandana Tex Industries IPO

Comparison between Grand Continent Hotels IPO and N R Vandana Tex Industries IPO.

IPO Details

Grand Continent Hotels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while N R Vandana Tex Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

 Grand Continent Hotels IPON R Vandana Tex Industries IPO
LogoGrand Continent Hotels IPO LogoN R Vandana Tex Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersIndorient Financial Services Ltd.Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerAlacrity Securities Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Grand Continent Hotels IPO is up to ₹70.73 Cr whereas the issue size of the N R Vandana Tex Industries IPO is up to ₹26.49 Cr. The final issue price of Grand Continent Hotels IPO is ₹113.00 per share and of N R Vandana Tex Industries IPO is ₹45.00 per share.

 Grand Continent Hotels IPON R Vandana Tex Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹107.00 per share₹42.00 per share
Issue Price (Upper)₹113.00 per share₹45.00 per share
Issue Price (Final)₹113.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size59,30,400 shares58,86,000 shares
Fresh Issue Size (Amount)up to ₹67.01 Crup to ₹26.49 Cr
OFS Issue Size3,28,800 shares0 shares
OFS Issue Size (Amount)up to ₹3.72 Crup to ₹0.00 Cr
Issue Size Total62,59,200 shares58,86,000 shares
Issue Size Total (Amount)up to ₹70.73 Crup to ₹26.49 Cr

IPO Timetable

Grand Continent Hotels IPO opens on Mar 20, 2025, while N R Vandana Tex Industries IPO opens on May 28, 2025. The closing date of Grand Continent Hotels IPO and N R Vandana Tex Industries IPO is Mar 24, 2025, and May 30, 2025, respectively.

 Grand Continent Hotels IPON R Vandana Tex Industries IPO
Anchor Bid DateMar 19, 2025May 27, 2025
Issue OpenMar 20, 2025May 28, 2025
Issue CloseMar 24, 2025May 30, 2025
Basis Of Allotment (Tentative)Mar 25, 2025Jun 02, 2025
Initiation of Refunds (Tentative)Mar 26, 2025Jun 03, 2025
Credit of Share (Tentative)Mar 26, 2025Jun 03, 2025
Listing date (Tentative)Mar 27, 2025Jun 04, 2025
Anchor Lockin End date 1Apr 24, 2025Jul 02, 2025
Anchor Lockin End date 2Jun 23, 2025Aug 31, 2025

Financials & KPIs

Grand Continent Hotels IPO P/E ratio is 51.24, as compared to N R Vandana Tex Industries IPO P/E ratio of 8.95.

 Grand Continent Hotels IPON R Vandana Tex Industries IPO
Financials

Grand Continent Hotels Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets97.9473.9142.2634.37
Total Income31.8631.5317.056.03
Profit After Tax6.814.121.05-0.79
Net Worth40.1829.990.59-1.63
Reserves and Surplus22.3626-0.42-2.64
Total Borrowing40.2234.9637.0734.72
Amount in ₹ Crore

N R Vandana Tex Industries Limited Financial Information (Restated)

N R Vandana Tex Industries Limited's revenue increased by 23% and profit after tax (PAT) rose by 100% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets202.94183.55167.96
Total Income271.10220.21195.60
Profit After Tax8.604.291.80
EBITDA19.2813.869.77
Net Worth33.7525.1617.27
Reserves and Surplus19.9325.1717.64
Total Borrowing69.0268.9865.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)75.02100.00
Promoter Shareholding (Post-Issue)54.8573.39
P/E Ratio51.248.95
Market Cap₹281.59 Cr.₹104.83 Cr.
ROE25%17.54%
ROCE17%13.82%
Debt/Equity1.132.43
EPS₹2.21₹5.03
RoNW26.67%15.10%

Shares Offered

In the Grand Continent Hotels IPO Retail Individual Investors (RII) are offered 21,87,600 shares while in N R Vandana Tex Industries IPO retail investors are offered 21,87,600 shares. Qualified Institutional Buyers (QIB) are offered 12,49,200 shares in Grand Continent Hotels IPO and 11,76,000 shares in N R Vandana Tex Industries IPO.

 Grand Continent Hotels IPON R Vandana Tex Industries IPO
Anchor Investor Reserveration18,73,200 shares17,61,000 shares
Market Maker Reserveration3,30,000 shares3,12,000 shares
QIB12,49,200 shares11,76,000 shares
NII9,37,200 shares8,85,000 shares
RII21,87,600 shares20,64,000 shares
Employee12,000 shares
Others
Total62,59,200 shares58,86,000 shares

Bids Received (Subscription)

Grand Continent Hotels IPO subscribed 1.79x in total, whereas N R Vandana Tex Industries IPO subscribed 101.00x.

 Grand Continent Hotels IPON R Vandana Tex Industries IPO
QIB (times)2.93x36.54x
NII (times)1.39x126.70x
Big NII (times)
Small NII (times)
RII (times)1.32x
Employee (times)
Other (times)
Total (times)1.79x101.00x